Tag Archives: Irvington

Follow-up on the home tour…

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I positioned myself in the kitchen for the tour and I loved it when I heard people walk into my home and said “wow”!  It’s not fancy, but it is full of character, from the wood floors to the leaded glass french doors between my living room and dining room to the bedroom turned into a dressing room, it feels good when someone recognizes the love you put into your home.

Yes, some think it’s strange that I opened my home to strangers for a tour, but it is for a worthy cause as a fundraiser for the continued maintenance and care of The Benton House (click here to read more).

I cannot take any credit for the amazing renovations the gentlemen who owned the property before me did, it’s stunning, I didn’t even have to paint, just moved my things in, arranged them and hung pictures, but I think that my touches is what makes it feel like a home.  The decor is somewhat eclectic, a Lazy Boy camelback sofa, a roll-top desk that was my grandmothers, a wood and iron table in the dining room, antique dresser and gentlemen’s chest combined with a bit of animal print really make the dressing room interesting!  My bedroom is, by far, my favorite room in the house…dark chocolate walls, red curtains and bedding with cream accents and my big, cream comfy chair that all of my nieces (and my mom) hoped wouldn’t fit!

The attic is my office…taupe walls and generations of my family history detailed in black and white photos taking up nearly an entire wall, all watching me as I sit here working and hoping to make them proud.

So now I know what strangers think of my home…what would they say about yours?

Me in the kitchen

Vicki Reed

OMG it’s already Benton House Home Tour Weekend…

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I can’t believe it’s here!  I feel like I still have so much to do, but Sunday there will be hundreds of people coming through my home as part of the tour!  This is from their website:

Irvingtons’ Benton House Tour of Homes is a main fundraising activity for the House. Proceeds from past tours have helped to provide a new permanent sign in the front yard, a new slate roof, gutters and downspouts, fifty new folding chairs, a much needed trim and removal of dead trees on the grounds and foundation repairs.

 

~REDEFINING LEGENDARY: IRVINGTON CELEBRATES 41 YEARS OF HOME TOURS ~

The Irvington Benton House Tour of Homes on Sunday, September 21, 2014 will showcase the history, charm, and architecture of Irvington neighborhoods while bringing inspiration, education, and home improvement ideas to the Indianapolis area. Celebrate over 40 years of outstanding home tours by touring an array of stunning historic homes in vibrant Irvington. Guests can enjoy viewing the properties of homeowners who truly fuel the Irvington neighborhoods. Many of the homeowners not only live in Irvington, but, invest further in the development of the 143 year old community.

 Home Tour Tickets are now available at pre-sale prices ($12) at the following Irvington businesses:

 Central Ace Hardware, 10th & Arlington Ave.
     Bookmama’s, 9 S. Johnson Ave.
     Black Sheep, 5626 E. Washington St.
     Dufour’s, 5648 E. Washington St.
     Antique Mall (Jack & Jill’s), 5501 E. Washington St.

Tickets are $15.00 the day of the tour. For more information call 317 506 6808.

This year’s Tour theme: “REDEFINING LEGENDARY”! The Tour is Sunday, September 21st, from noon to 5pm. We hope to see you there!

 

We are very grateful to the following sponsors of last years’ tour.
Please click on the businesses below to go to their website.

Ace Hardware ~ 1025 N. Arlington Ave.
Downey Avenue Christian Church ~ 111 S. Downey Ave.
The Legend Cafe ~ 5614 E. Washington
Snips ~ 5731 E. Washington
George Thomas Flowers~ 5609 E. Washington
Dufour’s Eatery ~ 5648 E. Washington
Hart Bakery & Gifts ~ 7030 E. 10th
Black Sheep Gifts ~ 5626 E. Washington
Bookmama’s ~ 9 Johnson Ave.
Oakley – Hammond Funeral Home ~ 5342 E. Washington
The Weekly View 
Cupckake 911, Valparaiso, IN

Volunteer Opportunities include:

  • Home Selection
  • Publicity
  • Sponsorship
  • Signage
  • Brochures
  • Flowers
  • Docents

I personally want to thank The Windowbox Gardener and my friend Gretchen Jacobs for the beautiful flowers they added to my front porch – these ladies are so incredibly talented, check out these pics:

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I’ll be hanging out at home on Sunday talking about the wonders of Irvington…will I see you there?

Vicki Reed

In the market for a new home…got $25 mil to spare?

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From the Indy Star last week…amazing, the property taxes annually are more than most people’s first home price!

Asherwood, the lavish Carmel estate where Mel and Bren Simon and their family lived for many years, is for sale for $25 million.

The seven-bedroom, 51,000-square-foot house sits on 106 acres that includes two swimming pools, tennis courts and a private 18-hole golf course, according to www.mibor.com.

Like to be outside? The lot also includes a clubhouse, greenhouse, pool house, and guest house among other maintenance buildings.

Prefer the indoors? There’s one indoor pool, an expansive workout room, home theater and caterer-ready professional kitchen in the home where presidents have been wined and dined.

The property tax on the estate is $54,654 semi-annually, according to the website of the listing Realtor Natasha Radovich with Carpenter.

The home also includes six fireplaces, eight full bathrooms and 16 half-baths.

It is the most expensive residential property on the market here in recent years, said Claire Belby, a spokeswoman for the Metropolitan Indianapolis Board of Realtors, or MIBOR.

INDYSTAR

Since 2000, 72 properties have been listed for $10 million or more. But only four of those have been residential; the majority were for commercial land or agricultural properties.

Simon and his first wife, Bess, bought the Asherwood home and property in 1973. Automotive engineer Louis H. Schwitzer built the original estate.

Over time, Simon and his second wife, Bren, expanded the home, adding on a 10,000-square-foot addition that included a 4,000-square-foot master bedroom wing.

But in 1998 they had to rebuild after a fire, thought to have started when a candle lit fabric-covered walls in one of the bedrooms, left much of the house uninhabitable.

Mel Simon, co-owner of the Pacers and co-founder of Simon Property Group, died in 2009.

INDYSTAR

The sale of Asherwood comes after the end of three years’ of litigation over his $1 billion estate, which ultimately was settled out-of-court.

Deborah Simon had alleged her stepmother coerced her father into changing his will so that Bren Simon received a much larger portion of the estate.

Mel and Bren Simon had multiple homes. She sold a New York condo soon after his death. In 2010, she listed their 20,000-square-foot mansion in Los Angeles’s Bel-Air neighborhood for $50 million.

The price was steep even for Bel-Air. She lowered the listing to $29 million in 2012 and delisted the property in 2013.

Estate properties can be a hard sell. Lucas Oil co-founder Forrest Lucas bought Stephen Hilbert’s estate at auction for $3 million in 2010 after it languished for five 5 years on the market.

Built for $35 million, the 25,000-square-foot house with its 15,000-square-foot sports pavilion, swimming pools and infinity waterfall, pool house and opulent grounds, originally was listed for $20 million. The property listing dropped to under $10 million over time, but finally went to auction when no buyers stepped forward.

Don’t feel like you can spend $25 mil?  Let’s talk about your budget and see what we can find that’s a little more reasonable!

Vicki Reed

 

It’s almost time for Penrod!

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It’s the 48th year of The Penrod Arts Fair™.  Penrod is one of the nation’s largest single day arts fairs.  Saturday, September 6th, 2014 on the grounds of the Indianapolis Museum of Art. This year’s fair features over three hundred artists, six stages of entertainment, more than 50 arts-related non-profit organizations, and an extensive children’s area.  Also, don’t forget to visit the Indiana Craft Beer Garden!  Billed as “Indiana’s Nicest Day,” it runs from 9:00 a.m. to 5:00 p.m. and is $15 per person for advance tickets and $20 the day of the fair.

For a more elegant option, at $100 per person, you can get a preview at the exclusive An Evening with Penrod™ at The IMA.  This is the Second Annual Evening with Penrod™ and is presented by the National Bank of Indianapolis as an exclusive preview of the Penrod Arts Fair on Friday, September 5th, 2014 from 6:00-10:30 pm on the beautiful grounds of the IMA.  For all the details, click here to visit the website!

So what is the purpose of this annual event?  The Penrod Society is a volunteer organization, strongly rooted in Central Indiana. Their mission focuses on the cultivation, encouragement and development of public interest in and support of those arts, cultural and educational institutions located in and around Marion County, Indiana, its surrounding counties and the Central Indiana area in general.

For more on their history, I visited their website for this information on their founding…

In 1967 a group of twenty two men formed The Penrod Society™. The volunteer organization was designed to support the cultural and educational activities of Indianapolis-area artists, students, and arts organizations. “Penrod” pays homage to Penrod Schoefield, a literary character from Indianapolis novelist Booth Tarkington.

Over forty years later, The Penrod Arts Fair™ has become an Indianapolis tradition. Each year over 20,000 fair patrons visit the grounds of the Indianapolis Museum of Art on the first Saturday after Labor Day. The Penrod Arts Fair™ showcases hundreds of artists, and offers live music, performing arts and local cuisine. Proceeds from this one-day celebration provide grants for Indianapolis-area arts and community organizations.

In addition to launching the Arts Fair, The Penrod Society™ was also instrumental in creating the Economic Club of Indianapolis and the Prelude Awards.

Great event, will you be going?

Penrod

Vicki Reed

 

Happy Labor day…do you know why today is a holiday????

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From the U.S. Department of Labor Website:

LABOR DAY: WHAT IT MEANS

Labor Day, the first Monday in September, is a creation of the labor movement and is dedicated to the social and economic achievements of American workers. It constitutes a yearly national tribute to the contributions workers have made to the strength, prosperity, and well-being of our country.

LABOR DAY LEGISLATION

Through the years the nation gave increasing emphasis to Labor Day. The first governmental recognition came through municipal ordinances passed during 1885 and 1886. From these, a movement developed to secure state legislation. The first state bill was introduced into the New York legislature, but the first to become law was passed by Oregon on February 21, 1887. During the year four more states — Colorado, Massachusetts, New Jersey, and New York — created the Labor Day holiday by legislative enactment. By the end of the decade Connecticut, Nebraska, and Pennsylvania had followed suit. By 1894, 23 other states had adopted the holiday in honor of workers, and on June 28 of that year, Congress passed an act making the first Monday in September of each year a legal holiday in the District of Columbia and the territories.

FOUNDER OF LABOR DAY

Some records show that Peter J. McGuire, general secretary of the Brotherhood of Carpenters and Joiners and a cofounder of the American Federation of Labor, was first in suggesting a day to honor those “who from rude nature have delved and carved all the grandeur we behold.”More than 100 years after the first Labor Day observance, there is still some doubt as to who first proposed the holiday for workers.

But Peter McGuire’s place in Labor Day history has not gone unchallenged. Many believe that Matthew Maguire, a machinist, not Peter McGuire, founded the holiday. Recent research seems to support the contention that Matthew Maguire, later the secretary of Local 344 of the International Association of Machinists in Paterson, N.J., proposed the holiday in 1882 while serving as secretary of the Central Labor Union in New York. What is clear is that the Central Labor Union adopted a Labor Day proposal and appointed a committee to plan a demonstration and picnic.

THE FIRST LABOR DAY

The first Labor Day holiday was celebrated on Tuesday, September 5, 1882, in New York City, in accordance with the plans of the Central Labor Union. The Central Labor Union held its second Labor Day holiday just a year later, on September 5, 1883.

In 1884 the first Monday in September was selected as the holiday, as originally proposed, and the Central Labor Union urged similar organizations in other cities to follow the example of New York and celebrate a “workingmen’s holiday” on that date. The idea spread with the growth of labor organizations, and in 1885 Labor Day was celebrated in many industrial centers of the country.

A NATIONWIDE HOLIDAY

The character of the Labor Day celebration has undergone a change in recent years, especially in large industrial centers where mass displays and huge parades have proved a problem. This change, however, is more a shift in emphasis and medium of expression. Labor Day addresses by leading union officials, industrialists, educators, clerics and government officials are given wide coverage in newspapers, radio, and television.The form that the observance and celebration of Labor Day should take was outlined in the first proposal of the holiday — a street parade to exhibit to the public “the strength and esprit de corps of the trade and labor organizations” of the community, followed by a festival for the recreation and amusement of the workers and their families. This became the pattern for the celebrations of Labor Day. Speeches by prominent men and women were introduced later, as more emphasis was placed upon the economic and civic significance of the holiday. Still later, by a resolution of the American Federation of Labor convention of 1909, the Sunday preceding Labor Day was adopted as Labor Sunday and dedicated to the spiritual and educational aspects of the labor movement.

The vital force of labor added materially to the highest standard of living and the greatest production the world has ever known and has brought us closer to the realization of our traditional ideals of economic and political democracy. It is appropriate, therefore, that the nation pay tribute on Labor Day to the creator of so much of the nation’s strength, freedom, and leadership — the American worker.

So what are your plans for this holiday?

labor day

Vicki Reed

 

Time to Sell?

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Thinking about selling your home?  Just a few things to think about…

Renovations: The changes that make your house work for you may not appeal to potential buyers. Not everybody loves that bright blue paint color — no matter how much you personally adore it. Make sure any big changes you make will increase, rather than decrease, your home’s value.

ALWAYS leave during open houses and showings: No hovering!  Current homeowners hovering over potential buyers as they tour the house…it’s a lot of pressure and can prevent them from giving honest feedback that could ultimately help you sell your home.

Waiting to list in the Spring: Most people house hunt in the spring and summer, but that’s also when most people list their homes. List yours when it’s available and you’ll reach those buyers who need a home now and aren’t finding much on the market.

Setting the price too high: What your home is worth to you and what it’s worth on the current market can be vastly different. Take a good look at the comparables provided by your REALTOR® and follow their advice…we are the experts!  Ignore Zillow…the Zestimates they offer are just WRONG!

Not doing enough marketing: Just putting up a “for sale” sign isn’t enough. Talk with your REALTOR® about other options, like online listings with virtual tours to attract buyers who aren’t looking on Craigslist!

Not getting a real estate agent: Unless you’ve had plenty of experience, going the “for sale by owner” route is probably not a smart bet. A REALTOR® can give you insights, marketing advice and, most importantly, can get your property on the multiple-listing service (or MLS or if you are in Indianapolis, BLC), which gets it in front of other agents.

Not staging your house: You need to help buyers envision themselves in your home. This includes removing any clutter and overly personal items (like family photographs) and making sure furniture flows well and demonstrates the purpose of each room.  Don’t go overboard, sometimes you can declutter and depersonalize to the point that the potential buyers can’t envision anything!  Discuss with your REALTOR® and if they don’t have a good eye, bet they know a good stager!

Okay, now are you ready?  Call, text or email me and let’s get started!

sold

Vicki Reed

 

Think you are ready to buy a house?

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Buying a home is an emotional decision for most people, this is where you will likely spend the next 5 to 7 years of your life, more if you buy right and love the area.  Do your research!  Think about these things and when you are ready…CALL ME!

Researching the neighborhood: Is this some place you really want to live? What amenities are nearby? How is the school district? What does the traffic and street activity look like when you drive by it at different times of day, like Sunday morning and Monday evening rush hour?

Get an inspection: This is one of the biggest investments you’ll ever make, and you’ll be living with it for years to come. Don’t pinch pennies — shell out $400 for an inspection. Make sure you know exactly what you’re signing up for.

Remember, you can paint!  Don’t buy or not based on decor: Paint color can be changed. Tiles and cabinets can be changed. What you want to look at are the bones of the house. Will it meet your needs? Does it flow well? Does it have enough space?

Don’t buy the most expensive home on the block: Hate to break it to you, but the most expensive home on the block isn’t a good deal. It will only depreciate over time, and you could have trouble selling it when buyers can see plenty of more reasonably priced options in the same neighborhood.

Be realistic with your budget: There are 2 numbers to look at when you are buying a home, just because your lender says you qualify for a $250,000 mortgage, that doesn’t mean you can afford it, especially when you factor in the other costs that come with homeownership. Be real and only look at houses you can realistically afford.

Be realistic about your DIY abilities: Will you really tear down that wall to make a master suite or gut the entire kitchen to make it work for you? Don’t let too much HGTV and delusions of grandeur drive you to buy an ongoing project you’ll regret taking on.

Have money for a down payment:  FHA financing requires 3.5% down, Insured Conventional 5 or 10%, Conventional 20%.  Anything less than 20% down and you’ll pay private mortgage insurance (aka PMI) payments and a higher monthly mortgage payment overall. It may be worth saving up for an extra year or two to reduce your long-term costs.  VA and USDA are 100% down programs, but make certain that’s how you want to go.

Make sure you are ready: Are you financially ready?  Are you ready emotionally? Are you sure you want to stay in this area for years? Does your income feel stable? Are you prepared to take on all that yard work and the repairs you avoided as a renter?

Think you are ready?  Time to call in the experts and find a realtor!  Call or text me at 317-919-7931 or email at vlrrealestate@gmail.com…I’m looking forward to hearing from you!

Buying a house

Vicki Reed

 

 

I’m back…

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Yes, I’ve been gone…so many things to update you on!

First and most importantly, I’ve moved!  Last year I wrote a few posts about helping my friend Kate purchase a co-op in Irvington and another couple about the Irvington area…well, now I’m a resident and Kate’s neighbor!

I now live in a townhome…basement, main floor has a living room, dining room and kitchen, second floor has 2 bedrooms…well, actually 1 bedroom and a dressing room (built in 1917 = no closet space, turned 2nd bedroom into a dressing room!) and a bath and lastly, the attic space has been finished and makes a perfect office!  I have a 1 car detattached garage and have finally stopped shutting the door while still sitting in the car, getting used to a garage NOT attached to the house has been one of my biggest challenges!

I love my new neighborhood!  Kate and I walked to dinner at Legend and stopped for ice cream at the new ice cream shop on Washington Street.  The very walkable lifestyle of Irvington is fantastic!  September is the Historic Home Tour…and I am participating – more on that another day.

In addition to moving, unpacking, etc., my business has been going very well, several closings over the months of June and July and many happy families.

Most importantly, an update on my beautiful nieces:  Allyson and Jordan graduated from high school, Michelle is engaged to Zack and I went on a short trip with Ashley, Riley and my Parents…it’s been a crazy couple of months and I have enjoyed every bit of it!  Ashley and Riley will be the first of them to see the new place (Sunday) can’t wait to hear what they have to say about it!

Hope everyone is enjoying their summer and look forward to Living in Indy being back on track!

For Home Tour

Vicki Reed

NCAA Coaches live where???

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Ever wonder where some of the NCAA coaches call home?  Think they live like we do?  Not really!  Early out in the NCAA offers them an opportunity to head to one of these great homes – MSN shares this slide show by Neal J. Leitereg of realtor.com:

March Madness mansions: Homes of college-hoops coaches

By Neal J. Leitereg of realtor.com

With its mix of powerhouse programs and Cinderella schools, March Madness energizes sports in a way that’s not quite like most events. At realtor.com, we’re pumped up from looking at the homes of some of NCAA basketball’s top coaches.

Take a look through the slide show below and tell us in the comments which coach’s home you would rank No. 1.

NOTE: All descriptive information comes from listings on realtor.com. Properties were on the market and listed as available at the time of publication in March 2014 unless noted otherwise.

Most people I know are likely most interested in Rick Pitino, Tom Izzo and Steve Alford’s homes, but I find the pricetags astounding!  And the square footage – who really needs 10,000 square feet!  Click through the slideshow to find out!

Meanwhile back in the state of Indiana…yes, I know, none of our teams made it to the dance this year, the spring market is really heating up, despite the fact we are in for a cold week ahead.  If you are thinking of buying or selling this spring, call, text or email me.

images

Vicki Reed

Historic Irvington Halloween Festival…

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Indy is just full of fun communities to call home, since this past spring when I helped my friend Kate buy her new home in Irvington, I’ve found myself spending more time in the area and exploring the many restaurants and shops in the are and am even considering a move to the area in the future!  Kate kept mentioning the Halloween Festival and I finally had to find out what it was all about…this is from their website:

For over 60 years, the Historic Irvington Halloween Festival has brought together thousands of residents, dozens of neighborhood organizations, and countless Eastside businesses in a fun-filled celebration of our heritage and community. The festival and its associated events are designed to bring awareness to the community, to bring commerce to local business and sponsors, and to provide fun for the children of Irvington and Indianapolis. The celebration now encompasses a week of events including a 5 mile run, a scholarship pageant, musicians, contests, Halloween-themed movies, storytelling, ghost tours, live theater, roller derby, a haunted puppet show and dozens of other events.

The Irvington Halloween Festival is organized by the Historic Irvington Community Council, a 501(c)3 organization that provides a voice to the city on Irvington issues such as public services, zoning and works to improve the community and the lives of its residents.

A Brief History of Irvington

Irvington was founded by Jacob Julian and Sylvester Johnson, who developed 300 acres into residential plots four miles east of Indianapolis. Named after 19th century writer Washington Irving, Irvington was annexed by the city of Indianapolis in 1902. Western Christian University (now Butler University) relocated to Irvington in 1873 and stayed there until 1928.

The neighborhood is situated on Washington Street, which is the route of the historic National Road, a National Scenic Byway. US 40 was formerly routed along the road. Through the early 1900s, a commuter rail/trolley system ran from Irvington to downtown Indianapolis along US 40. Ideally located just 10 minutes East of downtown Indianapolis, Irvington is a strong and growing community of quaint and magnificent homes located on tree-lined historic streets. Successful restaurants, coffee shops, retailers and parks all contribute to Irvington’s charm. The Irvington community is founded on strong ties to its historic past and is a great place to raise a family.

So if you are looking for something fun to do this week, check this out!

HIHF_Logo_indent1

Vicki Reed