The Des Moines Register from Des Moines, Iowa • Page 45

Tim Des Moines ReoistrrB Fripay, Jinvfi, 1993 3-R Metro Home FIRST REALTY A HubbeO Company fHBetter Ilk Homes, rmmi ire i ri 1204 South 34th Connie Lacour 3428 Scenic Valley Gabbi Farrell 252-1088 252-1131 am 1 7 K. CDL Development 712 Dolan Drive, Grimes Bob Burnett 252-1150 Companies of Clarke 453 SE Burnham Avenue Tom Casey 224-4002 Ellar Builder 9316 Hickory Drive Bernie Mesenbrink 252-1053 7109 Pommel Place Barb Her 252-1079 Jurgenten Homes 251 5 Countryside Place, WDM BobDuPre 225-1170 Regency Builders 5460 Sunrise Circle, Pleasant Hill Becky O. 266-3131 Welter's Homes 3305 Scenic Valley Connie Lacour 252-1 088 Eilers Eilers 7175 Aspen Drive, WDM Kyle Lee 252-1106 Millard Construction 420 Highland Drive, Carlisle Joe Spick 225-1170 7 169 Aspen, WDM Charles Meclnnes 225-1170 12231 Wellington Ridge Dr.Clive Steve Booth 225-1170 VENBURY Dave Henry Builders 1296 Bentwood Ct Altoona PamSorensen 266-3131 1 287 Bentwood Altoona Roxanne Formaro 266-3131 Gulling Homes 1291 Bentwood Altoona Darlene Noble 266-3131 1431 SE Bell Alan Boucher 266-3131 2310 SE 8th Court Becky Jackson 270-1113 910 SE Bell Vicky Daniel 224 4002 908 SW Loomis Lori Kommes 224-4002 7607 SW 10th Place Steve Booth 225-1170 946 Loomis Cathy White 225-1170 605 SE Hackley CoreyHalfhill 225-1170 4101 South Union Shelley Kuriata 287-4330 1240 SW Pleasantview Bob 6 Jewell Mendenhall 287-4330 1 -zzzi 2304 Capital Carol King 266-3131 905 E. 25th Becky Jackson 270-1113 4200 Ovid OwightKIng 270-1113 3101 E. Washington Michelle Blanchard 270-1113 3216 Williams Becky Jackson 270-1113 3318 Cambridge KayCooper 225-1170 1251 25th Street DennieWieser 252-1364 2420 Tomlin Lane BobMabrey 252-1051 i.

in iiii.ni.l.mi j.ii.i A worker with Downing Construction of Indianola new office is framed in a rear window of Jerico Services County community. Construction booms in Indianola IN RESPONSE TO BUILDING DEMAND, many new residential lots are being developed. So far this year, 103 new lots have come on the market. That compares to 120 for 1992 and 126 for 1991 (Not all lots are ready for immediate construction). The figures don't include the 11 million retirement community, The Village, built in 1991.

Prior to implementing tax abatement, Indianola saw few new residential plats. In 1988, there were none added; in 1989, only 11 were added. SubdivisionDeveloper Lots Price Rang Heritage HillsDowning Const 25 Sunset KnollsFirst of Indianola 30 Homes 25,000 LundahlKen Crooks Const 10 $25,000 and up Easton ParkDowning Const 12 Homes under $1 00,000 BoweryBob Connie Bowery 30 Moderate homes SmartsGodwin Bros 10 Apple ValleyOrchard 19 $25,000 and up Deer RunRobert Steve Darr 83 Developing stages Sunset GlenMason Ouderkirk 12 Homes over $100,000 Western HillsIowa Realty 12 $19,900 and up Country Club KnollsAandmark 2 homes 403 SE Delaware Jean Tomlinson Kathleen Wharff 964-1114 1127 SE Mallard Creek Drive Kathy Reese 964-1114 1301 NW Wagner Blvd. Sandra UlmerOan Moulton 964-1114 714 SE 9th Street Ed Reilly Dan Moulton 964-1114 1 106 Banbury Road M.ke Counts Don Moullon 964-1114 805 NW Maple PatFliger 964-1114 906 SE Laurie Lane LoisLundgren 964-1114 1013 NE 9th Street Kim BakerDan Moulton 964-1114 909 SE Laurie Lane Teri Walker 964-1114 1201 NWCedarwood Marge Houser 964-1114 826 SE Sherman Julie Ummel 270-1113 r.ii.'MH!Mi.rr- i 705 Scenic Valley Judy Bishop 961-8161 724150th Avenue Jean Newman 961-8161 1319 East Girard Dorothy Potts 961-8161 BOB MODERSOllNTllE REGISTER building in the growing Warren us, as did the proximity to Des Moines," he said. "Our reception in the community has been tremendous, and we're looking forward to helping spur growth." Both Zisoff and Brown credit the heightened residential and commercial activity to lower interest rates and the city's tax-abatement plan, which took effect in March 1989.

The abatement allows a new home buyer or remodeler to follow a graduated plan, paying lower taxes for five years. Under Indianola's 1993-94 tax rate, that means a home valued at $100,000 would save roughly 45 percent, or about $5,600 on taxes over five years. The purpose of the tax-abatement program is to stimulate growth of the local economy and broaden our tax base," Zisoff explained. "We can tie at least 50 percent of our new growth to tax abatement. Yet there is a lot of building today in Indianola which is INDIANOLA Please turn to Page 4-R City officials say 50 percent of the growth has been fueled by a tax abatement program.

By JOANNE KUSTER Indianola, la. When prospective home builders search for reasonable prices on residential lots in the Des Moines area, they often discover a gem just south of Des Moines. Local residents uncovered Indi-anola's advantages long ago, but newcomers have been warming up to the Warren County community in their pursuit of an ideal hometown atmosphere. They've also found lower-priced lots, less-expensive utility rates and safety from crime, according to Tim Zisoff, who has served as city manager since 1987. Residential construction is booming and commercial growth has been surging ahead.

Since 1991, about 350 lots have or are being developed in 1 1 newer subdivisions, according to Zisoff. And last year, the total value of 67 new single- and two-family dwellings reached nearly $7.2 million, recounted Zisoff. That compares to 38 permits valued at $5.3 million in 1991. For the first half of 1993, 13 permits were issued for single-family homes, with a valuation of $1.4 million. Optimistic Optimistic local businesses have invested in a number of new projects: Iowa Physicians Clinic, Dairy Queen, pharmacies and a grocery store, Metro Home RICK JOST, Business Editor, 284-6258.

VANCE HAWTHORNE, Assistant Business Editor, 284-8531. 2731 57th TimLockner 270-1113 1730 56th Street Louis Micich 270-1113 S891 South Winwood Drive Jeff 6 Susan Royal 270-1113 5926 Ashland Place Jeff 6 Susan Royal 270-1113 3907 56th Wayne DePenning 270-1113 2618 Kingman Patty Daniels 225-1170 2721 56th Sally Winters 225-1170 4013Lanwoods Drive TerriPage 225-1170 4705 Hickman Bob Jewell Mendenhall 287-4330 4102 56th Street Mary Alice Vetter 287-4330 2729 67th Jan Page 252-1101 4309 Chamberlain Steve Newsom 252-11 33 2517 Mann Wayne Halbur 252-1056 5027 Franklin LynnHiatt 252-1104 31 10 Francis Herb Rankin 252-1089 fepvewpWRnn 9309 Greenbelt Drive Rose Gardner 6909 Hopkins Road Cheryl Kaiser 401 7 Patricia Drive Mary Ross 4725 78th Street Bunny Drummond 4209 98th Sonja Mennenga 33 15 Mary Lynn Phyllis Newcomb 252-1068 270-1113 270-1113 224-4002 224-4002 252-1116 252-1111 252-1054 4229 68th Street Chuck Crandall 6104 Cobblestone Road Sue Mears 13251 Elmcrest Circle Lynn Hiatt 252-1104 809 13th Sue Moore 270-1113 270-1113 224-4002 224- 4002 225- 1170 1170 641 10th Jim Case 1034 18th Street Josh Engman 1016 54th Street Don Johnson 40011th Jan Rowley 221 35th Court Sharon Mayer 8709 Clover Lane, Urbandale Vicky Daniel 224-4002 1435 5th Street, 3, Carlisle Jim Schoonover 225-1170 1076 Woodland Park Drive, WDM Linda Corell 225-1170 1Z3 585 Southfork Drive, Waukee among others. Peoples Trust Savings Bank, Indi-anola's largest bank, built a satellite office and motor bank on the north edge of town. Another bank, Community State Bank, recently moved to Indianola. "We wanted a presence on the north side of the city mainly for customer convenience, since 45 to 50 percent of our banking customers commute," said Everett Brown, president of Peoples Trust Savings Bank.

"The community is growing, and our facilities need to keep pace." Peoples, with $130 million in assets, has been headquartered on Indi-anola's town square since 1919. Tremendous Reception Keith Welling, president of Community State Bank, said his bank relocated to Indianola in March, after management looked at demographics assembled by Iowa State University. "The previous activity and growth in the Indianola area really attracted Sherri Neal 224-4002 6820 5th Court NW Julie Ummel 270-1113 11475 NW 1 18th Avenue, Granger JoAnn Erpeldlng 270-1113 1218 Westside Drive. Polk City Jeff ft Susan Royal 270-1113 7261 NW 23rd Street Betty Staley 224-4002 3 Cunningham Estates. St.

Charles Bruce Mecham 225-1170 620 N. 7th, Grimes Carole Essy 226-1170 635 7th, Waukee BobDuPre 225-1170 5680 68th Place SE. Avon Lake Bob Burnett 252 1150 9347 NW 4 1st Court JimLowman 257-1118.