S Nelson Enterprises LLC, et al. v. Affordable Housing of Indy LLC, et al.

── S Nelson Enterprises LLC, et al. v. Affordable Housing of Indy LLC, et al. ── Case No.: 24A-MI-02670 Court: Indiana Court of Appeals Date: November 19, 2025 Author: Judge Stephen Scheele County of Origin: Hamilton Category: Civil Decision: Reversed and Remanded Judge Foley and Judge Kenworthy concur This dispute arises over real property in Hamilton County. Sara Stein is the sole owner and manager of Affordable Housing. On July 31, 2019, Affordable Housing and Jon Nelson signed an Option and Lease Agreement, in which Jon was to rent the property from Affordable Housing with an option to purchase. In anticipation that Affordable Housing would need a loan for the property, the Agreement provided that Jon would pay a monthly rental payment to Affordable Housing that covered the principal and...