Last Updated on October 23, 2017 by cassnetwork
The Logansport Municipal Building Corporation (LMBC) was awarded funds from the State of Indiana, through IHCDA, to demolish blighted and abandoned homes that are beyond repair. The goal is not simply to demolish abandoned homes, but to stabilize property values in Indiana communities. The partnership between IHCDA and Indiana municipalities allow communities to demolish blighted properties and offer a variety of end uses for the newly cleared properties including green space and redevelopment. The demolition of abandoned and blighted homes will be a significant step toward rebuilding Hoosier communities. Now that the demolition phase has been completed for thirty-three properties, LMBC has created a policy for returning properties to the tax roll. The policy is that the LMBC will consider the character and timeline of the proposed improvements, the proposed purchase price, and whether the proposed use of the real estate will serve the interest of the community. Also the LMBC will give preference to proposals for affordable housing or any improvements that will increase the property’s assessed valuation.
The LMBC sought proposals to return thirty-three (33) properties to the tax roll. A Request for Proposal (RFP) was published and the LMBC received 12 proposals. Having reviewed each proposal in accordance with the specifications of the RFP, the LMBC announces six (6) winning proposals for twenty five (25) properties as:
Monica Espinoza 1427 Erie Ave.
Jeff, Teresa, Jeffrey, & Courtney Gipson 1129 Erie Ave.
Linda Wright and Paul Wright 214 West Clinton
Clarence Truman and Jackie Truman 1524 Treen St.
Myers Group, LLC. 102 Eel River Ave.
Crestline, LLC. 1109 Erie Ave.
1219 Smead St.
128 Wheatland Ave.
1306 Wright St.
1314 Chicago St.
1327 North St.
1331 North St.
1422 Erie Ave.
109 E. Linden Ave.
1603 Michigan Ave.
1728 Michigan Ave.
301 W. Linden Ave.
508 Bates St.
515 W. Linden Ave.
518 Bates St.
610 W. Linden Ave.
822 18th St.
823 Race St.
831 State St.
912 17th St.
The winning parties will be contacted by Ross Anderson in the Clerk’s office with further information.
SOURCE: News release from Logansport Clerk-Treasurer’s Office