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The Herald-Times

partner publisher · 12.6K followers
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Major Bloomington properties tied to Jeff Jones sell for $9.5 million

Two major properties formerly owned by notorious Bloomington landlord Jeff S. Jones have changed ownership for a combined $9.5 million. A Bloomington-based limited liability company called Magnolia Park, owned by Bloomington residents Narayan and Veronica Silwal, has bought former Jones properties on the city's west and northeastern sides. Transactions in October included the 54-unit Shamrock Pointe apartment complex on McCracken Way, in northeastern Bloomington, and the commercial/residential property at 3939 W. Roll Ave., on the city’s west side, where Jones had based his company, Pendragon Properties, which dates back to the 1980s. Magnolia Park LLC bought the Shamrock complex for $7.5 million and the west side property for $2 million, according to local property records. Magnolia Park was formed in August, roughly two months before the acquisitions closed, according to state records. Before the purchases, the Silwals’ known Monroe County real-estate holdings consisted primarily of condominiums on South Cramer Circle, in Batchelor Heights. Jones, who last year agreed to sell his Bloomington rental properties as part of a settlement with the city, has had disputes with city officials for years. In August and September 2018, city inspectors documented more than 1,800 violations at three of Jones’ Bloomington apartment complexes. A

Bloomington, IN · 2d

thebloomingtonstar.com

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Indiana Governor Mike Braun announces $34 million housing expansion bringing 145 new homes to one Indiana city

Indiana – Rushville’s effort to make room for more workers and families is taking shape along a newly extended street, across a 49-acre development and at an expanding apartment community. Together, three housing projects represent $34 million in development and are set to bring 145 new homes to the city.

Rushville, IN · 3d
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FOX59 / CBS4 Indy

partner publisher · 111.3K followers
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Hendricks Co. homeowners dealing with ongoing construction related to Lebanon LEAP District

HENDRICKS COUNTY, Ind. — Homeowners in Marion and Hendricks Counties continue dealing with major construction as the Lebanon LEAP District pushes ahead. One neighbor, Todd Weber, tells FOX59/CBS4 the project is going to hurt business during an already trying time.  Although Weber has been spared so far, the construction seems to be closing in on […]

Lebanon, IN · 3d

Main Street Dollars

partner publisher · 39.5K followers
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Senior homeowners in Ohio, Indiana, Washington and Florida face 2027 property tax changes, from Ohio’s Dec. 31 homestead filing to Florida’s exemption of up to $150,000

Older homeowners in four states have different property tax rules to sort out before 2027 bills arrive. Ohio’s senior homestead exemption has to be filed by Dec. 31, Indiana and Washington have set new income limits, and Florida’s exemption grows to as much as $150,000 of assessed value on non-school taxes. The first question is […]

Ohio · 1d

The Courier & Press

partner publisher · 13.8K followers

It's time to rethink multifamily housing | Opinion

Few topics generate more controversy at local council meetings than a proposed apartment community. Residents frequently raise concerns about traffic, schools, crime, neighborhood character, and property values. Those concerns are disconnected from today's reality. With the election behind us, local leaders have an opportunity to turn their attention to the decisions that will shape their communities for years to come. Housing policy, in particular, will play a critical role in determining whether communities can attract new residents, support local businesses and remain economically competitive. The truth is simple: multifamily housing is not a threat to strong communities. It is one of the building blocks of them. In fact, a 2026 study by Indianapolis Metropolitan Planning Organization found that mid-rise apartments generated an average of $1.37 million in annual net municipal revenue per 10 acres across three Central Indiana communities, compared to just $8,710 for estate homes. The benefits extend to schools, where five rental housing types generated nearly $2 million in combined annual net revenue for a school district, while five ownership housing types produced a combined $213,597 deficit across equivalent development scenarios. Beyond public finances, higher-density housing provides the consistent customer base and foot traffic that local businesses need

Indianapolis, IN · 2d

Realtor.com News & Insights

partner publisher · 29.8K followers

Indianapolis, IN Struggles with Low Starter Home Availability Compared to Other Cities

For many prospective homeowners, the dream of purchasing a first home can feel increasingly out of reach. A recent analysis by Realtor.com® explores the availability of starter home options across

Indianapolis, IN · 1d

hoodline.com

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From IU Track Stars to Carmel Developers, Millstone Duo Chases 154-Unit Project

Millstone Ventures and Carmel-based Pittman Partners are proposing a 154-unit luxury apartment community on a six-acre corner at 106th and Illinois streets in Carmel. The project, called Venture at Meridian Trails, is a smaller, resort-style concept than an earlier plan for the site. Millstone was founded in Indianapolis in January 2017 by former Indiana University teammates Adrien Dannemiller and Andy Weatherford; the company says its development pipeline spans the Midwest and South.

Carmel, IN · 16h

kmyu.tv

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Progress Residential agrees to $49.75 million settlement over rental practices

SALT LAKE CITY (KUTV) — The country's largest property manager of single-family homes, Progress Residential and its owner, Pretium Partners, have agreed to pay $49.75 million to settle allegations that they misled renters about housing costs and mishandled other parts of the rental process. The proposed settlement stems from...

Utah · 1d

connectcre.com

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Ambrose Completes Sale of Fully Leased Indianapolis Cold Storage Facility

Ambrose has completed the sale of Building III at Mount Comfort Logistics Center, a ten-building, 437-acre modern industrial park located in the East industrial submarket of Indianapolis. The 297,769-square-foot facility is fully leased to a third-party logistics firm that specializes in cold storage. The buyer was a locally based private...

Indianapolis, IN · 1d

Times-Union Newspaper

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October Home Sales Continue To Slow As Buyers Grapple With Higher Rates

INDIANAPOLIS - Indiana’s housing market continued to slow last month as home buyers and sellers reckoned with a stretch of mortgage rates above 7%, according to the Indiana Association of Realtors (IAR). Indiana’s median home sale price was $270,000 in October, down 3% from September and unchanged from 2025, but higher rates offset this favorable price trend by pushing up potential monthly payments. On a statewide basis:

Indiana · 23h

Main Street Dollars

partner publisher · 39.5K followers

Eligible homeowners 65 and older can shield $29,000 of home value in Ohio by Dec. 31, $7,500 of assessed value in Mississippi, and get Indiana’s $150 credit by Jan. 15

Homeowners 65 and older in Ohio have until Dec. 31 to file for a homestead exemption that shields $29,000 of their home’s value from property tax. Mississippi shields the first $7,500 of assessed value for owners 65 and older, and Indiana pays a $150 credit to eligible older owners who file by Jan. 15. Each […]

Mississippi · 4d

Yahoo!

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Progress Residential must disclose full rental costs under $48.5 million settlement

Indiana Attorney General Todd Rokita recently announced a $48.5 million settlement from major landlords over alleged deceptive rental practices. The settlement involved Progress Residential LLC and its parent company, Pretium Partners LLC, over what a federal complaint alleged was deceptive and predatory behavior, as reported by WishTV. The bipartisan enforcement...

Indiana · 1d

witzamfm.com

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Governor Braun Strengthens Workforce Housing Availability in Southeast Indiana

Indiana Governor Mike Braun continues to accelerate housing affordability and availability through the Indiana Regional Economic Acceleration and Development Initiative (READI). In Southeast Indiana, local and regional officials earlier this week broke ground on Lighthouse Landing, a new riverfront residential development in Aurora that will create more opportunities for Hoosiers in Dearborn County and the surrounding region.

Indiana · 2d

Realtor.com News & Insights

partner publisher · 29.8K followers

Terre Haute Buyers Face Tighter New Supply as Homes Sit Longer

Terre Haute buyers found more active listings but fewer fresh options, as new listings dropped and homes lingered longer on the market.

Terre Haute, IN · 3d

bsquarebulletin.com

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After failed vote, recess, plan commission backs Hilltop Court switch from condos to rentals

For the Hilltop Court project on West Allen Street, the developer’s request to replace 10 planned condominiums with 24 one-bedroom rental apartments won a unanimous recommendation from Bloomington’s plan commission on Monday (Nov. 9). It’s a change to the PUD zoning that was approved seven years ago, in...

Bloomington, IN · 4d

WISH-TV

partner publisher · 93.6K followers

Renters could get money from settlement

Indiana · 4d

thebloomingtonstar.com

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Indiana renters could benefit from massive $48.5 million settlement targeting deceptive charges and unfair landlord practices

Indiana – Indiana renters comparing advertised home prices could face a different calculation once mandatory fees entered the picture. A $48.5 million settlement announced by Attorney General Todd Rokita targets that gap between the listed rent and the amount tenants were actually required to pay. The agreement with Progress...

Indiana · 4d

wbiw.com

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Governor Braun strengthens workforce housing availability in Southeast Indiana

AURORA – Indiana Governor Mike Braun continues to accelerate housing affordability and availability through the Indiana Regional Economic Acceleration and Development Initiative (READI). In Southeast Indiana, local and regional officials earlier this week broke ground on Lighthouse Landing, a new riverfront residential development in Aurora that will create more opportunities for Hoosiers in Dearborn County and the surrounding region.

Indiana · 2d

FOX59 / CBS4 Indy

partner publisher · 111.3K followers

LEAP ongoing construction has impacted homeowners in the area

Marion County, IN · 3d

familydestinationsguide.com

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The Hidden Indiana Town Where $1,300 A Month Gets You The Full American Dream

Somewhere between the places everyone talks about and the places nobody mentions, Terre Haute, Indiana has been quietly living its best life. It’s the kind of city that doesn’t feel the need to explain itself, which is either very confident or very humble, and in Terre Haute’s case, it turns out to be both.

Terre Haute, IN · 9d