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The typical Lustron house was a 1,025 square foot house built of manufactured <br />steel parts. In order to produce such a house a host of assembly equipment, <br />including sheet metal stampings for wall, roof and ceiling panels, and the procelain <br />enameling process were employed. Any problems related to thermal conductivity <br />inherent in a steel house were avoided by using fiberglass insulation and rubber <br />gaskets. For efficient heating, a radiant heating system eas installed in the chamber <br />above the ceiling. <br />Additional features in a Lustron home were built -in cabinets and storage facilities, <br />an automatic dishwasher and a washing machine. These manufactured steel houses were <br />geared to meet the needs of the middle income group which comprised one third of <br />the housing market at the time. <br />All 3000 parts of a Lustron home were loaded on to a special trailer designed to <br />accomodate the 12.5 ton house, in a manner that parts were unloaded at the site <br />in the order in which they were needed for assembly. A group of thirty -seven factory <br />built site features were involved in assembling the house. The trailer functioned <br />as an on site warehouse until the house was completed. Lustron homes used 280 hours <br />of factory work with an estimated 350 hours of site assembly. <br />Lustron homes went on the market in early 1949. By this time the general housing crisis <br />had been partially resolved and a period of recession followed postwar inflation. <br />However, variable land, utility and foundation costs prevented a nationwide standardized <br />price for Lustron homes. What was originally a $7,000.00 house became a $10- 12,000.00 <br />house. <br />The failure of Lustron in 1950 -51 may be attributed to the following factors: <br />1. High production costs leading to rising prices. <br />2. Difficulties with organized labor. <br />3. Problems generated by the diversity of local building codes. <br />4. The inadequately financed distribution system. <br />5. The unsuitability of bank mortgaging procedures when applied to a prolonged <br />building /installation process. <br />6. Difficulties in raising capital, when short term loans did not accrue. <br />7. Lack of a guaranteed and sustained market to support the continued production <br />of Lustron homes. <br />Clyde and Clara Oldham owned the property from 1949 -1955. Oldham was an insurance <br />salesman by profession. He was born in Urbana, Illinois on October 31, 1889 and came <br />to South Bend in 1940. In 1923 he married Clara Gallagher in Peoria, Illinois. He was <br />a graduate of the University of Illinois, Champagne and was a member of the Urbana <br />Lodge, Benevolent and Protective Order of Elks; a charter member of the Urbana <br />Conservation Club; and was a member of the Riverpark Businessmen's Association. <br />According to city directories, by 1960 the property was owned by Robert S. and <br />Lorraine J. Yarbrough. He was employed as a music instructor at the Gemeinhart <br />Company and at Witmer Studio. By the late 1960's William and Geneva Evans were <br />owners of the property. Mr. Evans was employed by South Bend Public Transportaion. <br />On July 6, 1972 the property was transferred to Donald E. and Clara R. Brennan. <br />From 1973 until 1992 Donald E. Brennan operated the Indianapolis Life Insurance <br />Company at 3418 Mishawaka Avenue. That company's current mailing address is P.O. <br />Box 6305 South Bend, IN 46660.[5] <br />