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About the Greenwood, Indiana Area 
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HISTORY OF THE COMMUNITY
Greenwood, Indiana
The settlement of Greenwood began more than 150 years ago and has a proud heritage. A small community of 300 people incorporated the town of Greenwood in 1864. A post office was established in 1824 for the village, which was first named Greenfield. However, when settlers realized another Hoosier town had selected that name, they changed the name to Greenwood.
In its early years, Greenwood became an important shipping point for grain, livestock and lumber through the Madison and Indianapolis Railroad. One of the most important growth factors for the community was the J.T. Polk canning factory started in 1872. It became the largest cannery west of Baltimore. The plant was sold to the Stokley's corporation in 1930 and remained operational until 1959.
The town's population grew slowly until 1946, when the first housing development was planned. Many changes have taken place in recent history. As of the 2000 census, incorporated population has boomed to approximately 36,037.
Greenwood is leading Johnson County, which is leading the state as one of the fastest growing areas. Greenwood's slogan "Pride and Progress" is indeed descriptive of the City's growth. While preserving its past, Greenwood presses its commitment to the future.
For more information on Greenwood, Indiana, please visit the following sites:
Greenwood Chamber of Commerce
City of Greenwood
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Financing Your Home >Your Mortgage
Many homeowners overlook the mortgage payment as a tool for financial management. They get the mortgage, move in, make the payments, and pay off the loan eventually. Smart homeowners know that by properly adding to their monthly payments, even by a small amount, they can substantially reduce the term of their loan, not to mention the total interest they will pay. In fact, prepaying one full year of a standard mortgage can save thousands of dollars in interest. The key is to do it properly and to find the right lender for whom prepayment is not a problem.
More progressive lenders allow the option to add money to the monthly payment which goes directly to the principal. How much should you add? It's largely a personal decision, and it depends on your cash flow. But be mindful of the fact that the mortgage interest rate is probably the lowest interest loan you will find, so don't short yourself with prepayment only to run up credit card debt!
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| Q |
Which famous home designed by Thomas Jefferson showed forms of Greek and Roman architecture?
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| A |
Monticello, begun in 1769, was later enlarged in keeping with its classical forms. |
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The Harbert Group
REALTY WORLD-Harbert Company, Inc.
450 South State Road 135, Suite B
Greenwood, IN 46142
317-885-8858
Fax: 317-889-8858
indy-properties@NUMBER1EXPERT.com
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