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Map Of Downtown Indianapolis

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Over the past 20 years, I have been helping folks buy and sell Center City Philadelphia Real Estate. As a Center City condo owner myself, I have come to learn alot about the history of the Real Estate here in town. I'd like to share some interesting information about some of my favorite areas for buying condos: Society Hill, Rittenhouse Square, and Delancey Place.



Society Hill ~

As you might think the name implies, it's neither an elevation nor the site and badge of social position. It's actually named for the Free Society of Traders to whom William Penn made liberal concessions of land and privileges.

A sawmill, a glasshouse, and a tannery made up its assets in 1683. In the 18th century, Society Hill was removed from the avenues of commerce and given the residential character it retains today.

It fell upon hard times in the 20th century, but today it is a model of urban renewal and urban amenity in a historic setting. A now vital part of the city, Society Hill is made up of the areas from Walnut Street to Lombard Street and from the Delaware River to Washington Square.

One of Society Hill's many charms is that its homes are not museums, but are lived in by Philadelphians who love 18th and 19th century houses. And, people who enjoy the hassle-free lifestyle provided by living in Center City condominiums, which are spread fairly evenly throughout the area.

Rittenhouse Square ~

One of William Penn's original five squares, Rittenhouse Square was known as the southwest square until 1825 when it was named for the astronomer-clockmaker, David Rittenhouse (1732-96).

This amazing man of universal talents — one of many in 18th century Philadelphia — was a descendant of William Rittenhouse, who built the first paper mill in America in Germantown. David Rittenhouse was at various times a member of the General Assembly and the State Constitutional Convention, president of the Council of Safety, president of the American Philosophical Society and the first director of the United States Mint. He was also Professor of Astronomy at the University of Pennsylvania and inventor of the collimating telescope.

Since the first house facing the square was erected in 1840, Rittenhouse Square has always denoted quality. The Square kept its residential quality during the next century. In 1913, the architect Paul Cret, who was one of the men responsible for Benjamin Franklin Parkway and many of its buildings, designed the Square's entrances, central plaza with the stone railings, pool and fountain. It was very prestigious to have lived on or even near the Square.

Today, almost all private homes are gone, but it's still prestigious to live in one of the many high-rise Rittenhouse Square Condominiums. There are several houses still standing in the area, but many have been converted into apartments and Brownstone-style Condo Buildings. Even though cooperative apartments and Philadelphia condominiums displaced private dwellings in the last three decades, some of the Old Guard still live on here — in Center City condos in the sky rather than family mansions.

Delancey Place ~

There are a myriad of things to see on Delancey Place:

• Caryatids (female statues) as mullions (vertical window separators) on the window of 1810 Delancey Place, perhaps the only ones in the city

• Acanthus leaves and grape design on the ironwork fence at 1823 Delancey Street

• Leaded and stained glass windows at 1821 Delancey Street

• The small garden with the iron fence at 1835 Delancey Street

From the vantage point of the garden we can have a fine view of 1900 Delancey Place, now the offices of a law firm. It is considered one of the finest townhouses designed by Frank Furness. The ornate decoration and the oval window above the entrance door give it a distinctive appearance in this age of austerity in architectural decoration. Be sure to observe the cherubim and seraphim on the pediments.
Map Of Downtown Indianapolis
It's no surprise that the economy has had an effect on Indianapolis? Real Estate, particularly in the downtown Indianapolis area. The drop in sales has had some realtors using different sales tactics to try and sell homes. These sales tactices involve a more aggressive style and ultimately demands more work from the realtor.

For those of you who have seen the show Flipping Out on Bravo, you've seen Jeff Lewis and his crew ?stage? the homes that they remodel for Open Houses. The Indianapolis Real Estate listing agents are having to do the same thing with their properties as well.

To ?stage? a house, in essence, is to detach it from the seller. It's breaking the bond that existed between the home owner and the home and the house becomes less personal. Instead of looking alike a lived in piece of property, the home appears to be a model. Knick-knacks are removed from shelves and the collage of family photos attached magnetically to the fridge are removed. Indianapolis Real Estate properties are being ?staged? more and more as the economy gets worse.

Indianapolis Real Estate agents are having to almost clean out a home before they show it. They take items like blenders, toasters, and toaster ovens off of kitchen counters to make it look like there's more room to cook and entertain guests. This of course is appealing to a buyer. A general rule in real estate is that there can almost never be too much room. Personal belongings are also being removed from bookshelves and cabinets.

Another trick that the agents are using to try to sell Indianapolis Real Estate is rolling up the carpet and revealing the hardwood floors underneath. Hardwood floors are extremely sought after and in today's economy, any key selling feature is a plus.

Developers continue to build downtown and add to the Indianapolis Real Estate. Unfortunately, however sales on both homes and condos are close to stagnant. It's no wonder too. Downtown Indianapolis appeals to college students, recent graduates, and young adults. It's hard for the non-established to qualify for a loan. Who am I kidding? Unless you have perfect credit, an unlimited income stream, and a long work history, you're not qualifying for a long in this economy. So the real estate is being developed downtown but people don't have the means to purchase it at this time.

Whether you're on a reality television show like Jeff Lewis and ?staging? homes in Las Angeles or you're staging properties that are a part of the Indianapolis Real Estate, this new trend seems to be very popular among house flippers and real estate agents alike. The economy may be the sole catalyst in the fad and if you've seen pictures of ?staged? homes, you will see the neat and elegant appearance of them. When the economy picks up, hopefully sales in downtown Indianapolis will pick up too. Until then, downtown is home to many developers and vacant properties that can't be sold.
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About Author
Both Mark Wade & Jordan Feross are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.

Mark Wade has sinced written about articles on various topics from Family Travel, Health and Finances. You can read more about downtown Philadelphia history at the website where I gathered this information:
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