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> Bank willing to donate Y to City
j4katz
post Jul 28 2012, 10:38 PM
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QUOTE(taxthedeer @ Jul 28 2012, 11:14 PM) *

Did the property sell?


I did not attend the auction, but I doubt that it sold for much more than the minimum bid. Unless you intend to use the building, the cost to remove far exceeds the value of the property.
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taxthedeer
post Jul 30 2012, 08:56 PM
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Property sold for reportedly $12,000 plus the $3000 buyers premium. Buyer bought it as an investment property for the land. So now the former YMCA building and property is in private ownership. Apparently vandals had broke in and stole all the copper wiring and tubing.
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Southsider2k12
post Aug 1 2012, 02:55 PM
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QUOTE(taxthedeer @ Jul 30 2012, 09:56 PM) *

Property sold for reportedly $12,000 plus the $3000 buyers premium. Buyer bought it as an investment property for the land. So now the former YMCA building and property is in private ownership. Apparently vandals had broke in and stole all the copper wiring and tubing.


From what I understand the place was just trashed after it closed down.
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Ang
post Aug 1 2012, 03:32 PM
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I thought that vandalism happened a while ago....


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taxthedeer
post Aug 1 2012, 07:32 PM
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They said the man that bought the property was at the auction with his son and was prepared to pay up to $50,000 for the property which is the value of the land and he said that he bought it as an investment for his son. When the auction was over they drove away and their car had Indiana license plates.

Best I can figure is the man must be in the building demolition/salvage/construction/real estate business.
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taxthedeer
post Aug 12 2012, 06:07 AM
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Found this article from 1976. Shows a photo of what was then considered the "New" YMCA on E. Coolspring Ave. and the Original YMCA at Seventh and Washington St. Also a plane landing in 1948 at the former Municipal Airport on 421 where Meijer, Lowe's and Menard's are now located.

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