Real Estate

Lafayette redevelopment commission conditionally OKs demolition of fire‑damaged historic building

The Lafayette Redevelopment Commission conditionally approved demolition of a historic downtown building after a damaging fire, WVPE reported on 2026-10-09. City records show the property was acquired in a tax sale and a prior buyer’s financing later fell through, WVPE reported.

Trustees approve 2027-28 housing and dining rates

Some Martindale-Brightwood residents continue to fight Metrobloks data center

WISH‑TV reports that Martindale‑Brightwood residents have filed a lawsuit to block construction of a Metrobloks data center approved for a vacant lot at 25th Street and Sherman Drive. The Metropolitan Development Commission will consider proposed tax breaks — nearly $56 million negotiated by Indy Economic Development — at its Oct. 21, 2026 meeting.

Indiana DNR plans to take roughly 1,705 acres from former Newport Chemical Depot for public wildlife use

The Indiana Department of Natural Resources told the Indiana Capital Chronicle on 2026-10-07 it intends to acquire about 1,705 acres of the former Newport Chemical Depot under a 2011 agreement and manage the land as a satellite of Deer Creek Fish and Wildlife Area. The agency gave no projected acquisition date and said it is completing survey work.

Indianapolis launches free zoning case viewer to track data center and other development proposals

WISH-TV reports the Indianapolis Department of Metropolitan Development launched a free, searchable zoning case viewer that lets residents look up development proposals — including data centers, gas stations and requests to convert houses to commercial use — by case number, address or area to find project details and upcoming hearings.

Sweetwater’s Fort Wayne distribution expansion will add nearly 170,000 sq ft and $6.2M in public work

According to 21Alive, Sweetwater held a ceremonial final beam placement on 2026-10-07 for a $36.7 million expansion at its Fort Wayne distribution center that will add nearly 170,000 square feet, bring the site to close to 14 acres under one roof and is expected to finish by August 2027.

JLL Income Property Trust closes $68.5M mortgage on 1.1M-sq-ft Whitestown distribution center

According to a PR Newswire press release dated 2026-10-07T16:28:00.000Z, JLL Income Property Trust closed a $68.5 million mortgage at a 5.54% interest rate with a seven-year term secured by Whitestown Distribution Center IV, a Class A, ~1.1 million-square-foot facility built in 2024 and 100% leased to a single tenant.

Ambrose Sells Modern Industrial Facility in Indianapolis for $38M

Greenfield council approves lease financing to fund new police station; tax levy will cover rental payments

The Greenfield City Council unanimously approved two resolutions to use a lease structure paid by an ad valorem property tax to finance a new police station, with bond-funded construction planned to begin March 2027. The city says the debt-service tax rate would rise from about $0.06 to $0.17 when bonds are sold.

IU signs final beam for IU LAB at 16 Tech, a planned anchor for Indiana’s bioscience ecosystem

Indiana University reported on 2026-10-06 that leaders signed the final beam for the IU Launch Accelerator for Biosciences (IU LAB) at the 16 Tech Innovation District. The five‑story, 150,000‑square‑foot facility broke ground in October 2025, was launched with a $138 million Lilly Endowment grant in December 2024, and is expected to open in 2027.

Nonprofit HAND opens six affordable three‑bed homes in Carmel, expanding Hamilton County portfolio

Hamilton County Reporter says HAND celebrated the completion of Home Place Duets on Sept. 29, 2026, adding six three‑bedroom affordable rental homes in Carmel. HAND will own and manage the three duplex buildings long term; each unit carries a property‑based housing voucher and qualified residents pay 30% of income for rent.

DriftWrx names InventoryHQ its first portfolio platform, rebrands and relaunches site

Per a company press release distributed by EIN Presswire on 2026-10-06, DriftWrx named InventoryHQ its first portfolio platform and says it will build the company around brand, positioning, go-to-market and operational systems. InventoryHQ completed a rebrand, relaunched inventory-hq.com and lists integrations with JobNimbus, AccuLynx and Leap.

Signia Hilton Indianapolis finalizes seven restaurants and bars ahead of December opening

According to Destination, Signia Hilton Indianapolis announced on 2026-10-06 that it has finalized seven restaurant and bar concepts to anchor the property when it opens this December, naming Torchlight, Rosewater's, Heartwood, Slipstream, Deck on 5 and Club Signia among the venues.

Columbus council to consider $3M TIF-linked grant for Crump Theatre renovation

Source report dated 2026-10-06: WKKG reported Columbus City Council was to consider a $3 million grant for renovation of the Crump Theatre. The redevelopment commission approved the grant last month; the article says the money would come from central tax increment financing district and special taxing-district property tax revenues toward a $15.2 million project.

Central Indiana home-market snapshot: Sept. 2026 MLS data show 2,685 closed sales, $317K median price

A Sotheby's International Realty quarterly update using MIBOR/IAR MLS closed‑date data through Sept. 30, 2026, shows Central Indiana had 2,685 closed sales in September, a median sale price of $317,000 and 2.9 months of inventory. The report was last updated Oct. 7, 2026.

AES Indiana inspection finds air leaks, disconnected ducts and insulation shortfalls in 126-year-old home

WISH-TV reported that an AES Indiana energy assessment on Sept. 30 of a 126-year-old, 1,700 sq. ft. home found a gap into the attic leaking air, disconnected basement ductwork and insulation issues; AES said metering and billing data show no errors and offered a 36-month payment plan.

Indiana has a transitional housing gap for women. These groups are trying to fill it

Mortgage rates reach 3-year highs, pushing down housing sales

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Indianapolis officials crack down on illegal advertising benches

Schools begin long look at building needs

Brown County home sales slow in August as prices remain high

Gov. Braun, IDHS launch Substantial Damage Property Assistance Program to help communities, property owners navigate disaster recovery

Gov. Mike Braun and the Indiana Department of Homeland Security on Oct. 2, 2026 launched a Substantial Damage Property Assistance Program and hotline (833-495-9888, Mon–Fri 9 a.m.–6 p.m.) to provide technical information to communities and property owners after recent disasters, according to WPSRHD.

1 dead after crash in Kokomo that stemmed from police chase

Kokomo officers and the Indiana State Police are investigating a single-vehicle crash that killed the sole occupant after a vehicle that had fled an officer struck a utility pole and rolled near West Superior and Washington streets. The Critical Incident Reconstruction Team is handling the probe.