Firehouse Square, one of downtown’s first residential developments, was constructed by Ryland Homes in 2001-2002. A few blocks northeast from Monument Circle in central downtown, we are bordered by New York & Ohio Streets (north and south) and New Jersey & Alabama Streets (east and west). Many of our town-home residents are the original owners. Our community includes graduate school students, GenXer’s, empty nesters and retirees. We are proud of the sense of community we have, as we are not only neighbors, we are friends.
A few more facts about Firehouse Square:
- Our community includes 11 buildings totaling 56 3-story units and a private ½ acre courtyard;
- Each unit has its own attached 2 car garage;
- Homeowners own their property usque ad infero and usque ad coelum, subject to common area easements. This means that unlike condominium owners, our residents are owners of their lot and property from the ground up to the sky;
- We are self-managed and have an elected five-member board. The board meets monthly and there is a yearly Annual Meeting; all homeowners are encouraged to attend these meetings;
- Homeowner Association Dues are $375 and are paid quarterly.