The Local Update
A newsletter dedicated to the community and market ongoings of Lawrence, Indy & Fishers
THE INDY 500
The history of the Indianapolis 500 is rich with tradition and excitement. First held in 1911, this iconic race has become known as "The Greatest Spectacle in Racing." Over the years, the event has seen legendary drivers, thrilling finishes, and groundbreaking innovations in automotive technology.
From the early days of brick-paved tracks to the high-speed ovals of today, the Indianapolis 500 has captured the hearts of racing fans around the world.
Each year, drivers and teams push the limits of speed and endurance in pursuit of victory at the famed Indianapolis Motor Speedway.
As the race continues to evolve, it remains a testament to the passion, skill, and dedication of all those involved in the world of motorsports. The Indianapolis 500 stands as a true symbol of American racing excellence and a celebration of the sport's enduring legacy.
Did You Know?
If all of the Indy 500 hot dogs and bratwurst sold on race day were placed end-to-end, they would circle the oval more than three times.
Ray Harroun won the very first Indy 500 in 1911 with an average speed of 74.59 mph.
During World War II, the speedway was used as a training ground for military aviators who sat in their planes while they circled around its 2 5 mile oval track at high speeds to simulate battle conditions in Europe and Asia.
The Borg Warner Trophy has become one of many traditions associated with the Indy 500. Made from sterling silver, it weighs 110lb and stands at 65 inches tall, making it almost as big as many of the drivers. It was commissioned in 1935 at a cost of $10,000 and has been presented to the Indy 500 winner ever since Every year, the race winner’s face is created in silver and added to the trophy.
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Central Indiana MarketWatch
Central Indiana homes sold more quickly in March, housing inventory increases compared to this time last year
INDIANAPOLIS
(April 11, 2024)
March 2024 saw a continued increase in available housing inventory and homes selling more quickly than this time last year. According to F.C. Tucker Company, part of the Howard Hanna family of companies:
Available housing inventory increased 29.4 percent compared to March 2023. Homes sold 10 days, or 18.5 percent, faster than this time last year.
Compared to March 2023, the average home sale price for the 16-county central Indiana region increased 1.1 percent to $323,982.
Pended home sales decreased slightly, down 1.6 percent compared to this time last year.
“The residential real estate market continues to strengthen as we move into the second quarter of 2024 Inventory continues to increase across central Indiana, which offers prospective buyers a wide selection of homes from which to choose. We are also seeing homes leave the market more quickly compared to last year, which is what we would anticipate seeing this time of year, ” said Jim Litten, president of F.C. Tucker Company.
March 2024 Market Insights Indianapolis Want more information on a specific neighborhood? email or call me!
18.5% homessold faster
Fishers Lawrence
in Fishers, Lawrence,
Indy
based on Delaware & Fall Creek Township data based on Lawrence Township data 5.22 || Zoopolis 500 Indianapolis Zoo, Indy 5.27 || Memorial Day Ceremony Nickel Plate Amphithether, Fishers 5.17 || Bike to Work Day Richard G Lugar Plaza, Indy 5.21 || Touch a Truck Nickel Plate Amphithether, Fishers Coming
5.1 || 500 Festival Monument Circle, Indy 5.1 || Fishers AgriPark Opening Day Fishers AgriPark, Fishers 5.4|| Mini Marathon Downtown Indy 5.11 || Fiesta Lawrence Lawrence Civic Plaza, Lawrence
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Indy 500 Crossword
Across
4. Tire Company
5. What the winner kisses after the race
9. Part of the car made of rubber 10. There are 200 of these
13. The flag that represents the race is over 14. What the winner traditionally drinks after winning.
15. The greatest spectacle in
16. The 500
18. The race is always on the sunday before day.
20. The position who starts the race in 1st place
21. What the participants drive
Down
1. The front of the car 2. crew
3. Start your
6. Another name for the fuel that goes in the cars
7. The winner gets one
8. Danica
11. cards. they have the drivers face and car on them.
12. The Abbreviation of the Indianapolis Motor Speedway
17. The month of the race
19. There are 500 of these
BROUGHT TO YOU BY: DANA DOSS, YOUR FRIENDLY NEIGHBORHOOD REALTOR® @danadossrealtor @danadossrealtor www.talktotucker.com/dana.doss dana.doss@talktotucker.com I’m never too busy for your referrals! 317.646.9917 9 7 13 4 21 11 18 20 15 19 10 2 5 8 3 17 12 14 16 6 1