RICHMOND, Indiana — Three troublesome Wayne County properties are still on the market after they failed to pique interest at a tax sale.
The former Reid Hospital campus and two vacant houses owned by an Ohio man didn't sell at the County Administration Building on Tuesday, the Palladium-Item (http://pinews.co/1sN02fW ) reported. Wayne County Commissioner Ken Paust said he wasn't surprised that no one purchased the Reid property.
"It would have been nice, but we didn't expect it to sell," he said.
County officials decided to sell the six parcels of Reid's campus together so it would be more attractive for development, but the effort failed to draw a bid. The current owner of the former hospital, Spring Grove Development LLC, stopped paying property taxes in 2011 and now owes more than $500,000 in back taxes and penalties.
The two Richmond properties are the subjects of nearly two years of legal battles between owner John Cahill and the city.
County officials sold 74 out of 151 properties offered at Tuesday's tax sale. The sales totaled nearly $360,000 and will be used to pay off property taxes.
"The number of bidders was slightly lower than our last sale, but the numbers for what they bid were higher," Paust said. "And that's good because that's money coming back in to pay taxes owed and this sale will return these properties to the tax rolls."
Information from: Palladium-Item, http://www.pal-item.com