Indianapolis, IN
Purdue to buy Canal Square Apartments for Indianapolis campus expansion
Purdue University in Indianapolis continues to expand its urban campus on the northwest side of downtown, with the intent to buy a 35-year-old apartment complex along the Canal Walk.
The Purdue Board of Trustees approved the purchase of the Canal Square Apartments at 359 N. West St. for $70.1 million on Oct. 10 at a meeting in Indianapolis, pending terms of the acquisition, which the university says will require state approval. The university hopes to close on the property owned by Canal Square Associates by the end of the year.
Built in 1990, the four-story, block-long complex spans 3.6 acres and 320 units, some of which overlook the canal walk that weaves from 11th Street to the White River State Park.
Purchasing the building is a part of Purdue’s 50-year plan to buy and develop real estate in Indianapolis. Last year, the school split from Indiana University Indianapolis.
Since then, Purdue officials have said they plan to attract thousands more students to the urban campus. At Friday’s meeting, the Board also approved the purchase of 501 Indiana Ave., which Purdue is under contract to use primarily as student apartments.
Purdue said they will honor current leases as they take over the complex, but long-term, the apartments will primarily house students a short walk from campus.
“This city offers Purdue students more than just the classroom, it offers a vibrant downtown environment for experiential learning, and acquiring this complex is part of our long-term effort to enhance their overall experience of living, working and studying here,” said Michael B. Cline, senior vice president for administrative operations at Purdue, in a statement. Cline will serve as chief operating office at the Indianapolis campus starting in January.
After IUPUI split in 2024, IU kept most of the downtown campus land and facilities, requiring Purdue to quickly plan how to build up a campus in the state’s capital city.
Last month, Purdue opened a Student Center at 518 and 520 Indiana Ave. as a social hub. In April, the university broke ground on its $187-million Academic Success Building, a 15-story building that will serve as a core structure of the 28-acre Purdue campus.
Alysa Guffey writes business, health and development stories for IndyStar. Have a story tip? Contact her at amguffey@gannett.com or on X: @AlysaGuffeyNews.
Indianapolis, IN
Local 4 brings new reporter from Indianapolis on board
Kyla Russell joined the reporting team at WDIV-TV this week.
Kyla Russell, a television news reporter from Indianapolis, has joined the news team at WDIV-TV (Local 4).
“Hi, friends… and hello, Detroit!” Russell wrote on social media on Tuesday. “I am so thrilled to announce I am joining the powerhouse team at WDIV Local 4 / ClickOnDetroit as their newest reporter! It is such an honor to be surrounded by fantastic storytellers, all in a fantastic city.
“Truly can’t wait to dive into the Motor City’s stories and to highlight the things most impactful to you. Don’t be a stranger!”
Russell comes to Detroit from her hometown of Indianapolis, where she worked as a reporter at WISH-TV after completing an internship at the station during college. She left the station in early September.
Russell studied journalism at Taylor University in Indiana and graduated from Indiana University in 2024.
She started at Local 4 on Monday and will be on the air in the next few weeks, she said.
agraham@detroitnews.com
Indianapolis, IN
Average US home sale price is $513K. See what that buys in 4 Indiana cities
Protect yourself from these common real estate scams
Real estate scams are on the rise. Here’s how to protect your home and your wallet from the most common cons.
It’s been an interesting year in real estate, as the frantic pace of properties changing hands has slowed and the average age of first-time buyers hit an all-time high, according to the National Association of Realtors.
That certainly hasn’t stopped everyone from buying, as the number of homes sold in Indiana in October was up 4.1% year over year, according to Redfin.
Last month, we showed you some of the biggest home sales of the year around Indianapolis. Taking a look around the U.S., the average home sale price nationally was just under $513,000 this summer, according to the newest available data from the Federal Reserve Bank of St. Louis and others.
Take a look below at what that average price buys in four cities around Indiana right now. For comparison, here’s what homes in that same range looked like last December, in the summer of 2024, and going back to the fall of 2023.
Indianapolis – Modern design and a waterfront home
This Indianapolis home for sale has four bedrooms, 2.5 baths and over 4,100 sq. ft. of space. The modern design includes a kitchen with stone countertops and a double oven, a living area with a wall of windows and a fireplace, and a large basement that would be great as a game room and entertaining space.
The backyard is spacious with a paved seating area and plenty of grass, along with views of the woods for added privacy. It’s listed for $515,000 by Shell Wiedenhaupt at eXp Realty, LLC.
Another option in Indy is waterfront living with this 3-bedroom, 3.5 bath tri-level home on Geist Reservoir. Inside you’ll find a fully-updated kitchen, bathrooms and lighting throughout, along with a wet bar and two gas fireplaces. But the biggest draw of this house has to be what you’ll find outside.
Outside is an upper deck with water views and a remote-controlled awning, a lower deck and an included boat slip for easy access to the water. The neighborhood also offers tennis courts, walking trails and a pool.
It is listed for $517,500 by Jonathan Steinbach at F.C. Tucker Company.
Bloomington – Remodeled modern farmhouse
If the modern farmhouse is more your style, you’ll find it in Bloomington with this fully remodeled home with 20-foot vaulted ceilings and exposed beams. In the 2,900 sq ft of space you’ll find three large bedrooms, three full baths, a gas fireplace and large walk-in closet.
Outside there is a large covered porch and patio with a dedicated gas line for your grill, along with a fully-furnished 900-square-foot 2+ car garage. It’s listed for $519,000 by Sarah Noel at The Stewart Home Group.
Muncie – Historic 1930s build with modern updates
We’ve seen newer construction, waterfront and a modern farmhouse, so let’s look at something historic. This Muncie home was built in 1930 and carefully updated for the best of both worlds. Walking distance from Ball State, this 4,200 sq ft home has an impressive chef’s kitchen, four bedrooms, 3.5 baths and a finished, oversized 2-car garage.
The family room has a gas fireplace and direct access out to the private cobblestone paver patio with another freestanding outdoor fireplace. In the large primary suite, you’ll find yet another fireplace, custom built-ins and a bathroom that will have you excited for the winter with a spa-like bath with jetted tub, waterfall feature, steam shower, and heated tile floors. The home is listed for $530,000 by Austin Rich at NextHome Elite Real Estate.
Fort Wayne – Tree-lined backyard with country club living
Last up on our statewide look is this 4-bedroom, 3.5-bath home in the Pine Valley Country Club neighborhood of Fort Wayne. Built in 1974 but carefully renovated, the home has over 2,700 finished sq ft of space and has all-new finishes inside and out. You’ll find features like whole home audio inside and out, a fully updated kitchen, remodeled baths, new cabinetry and more.
Outside, you’ll find the owner’s favorite part of the home – a very spacious, tree-lined backyard with plenty of privacy and space for entertaining. The custom flagstone patio includes a firepit, Edison lighting, and wiring for a TV or projector. The home is listed for $514,999 by the seller.
Indianapolis, IN
Protestors oppose redistricting at Indianapolis Statehouse
INDIANAPOLIS, Ind. (WSBT) — A protest happened in Indianapolis on Monday as lawmakers in the House gaveled into session.
Hundreds gathered inside the statehouse to oppose the mid-decade redistricting.
Some democratic lawmakers also spoke out against the move.
The House is meeting on Tuesday to vote on the proposed maps, with a vote expected Friday.
The State Senate will then take up the issue on Monday.
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