House Bill 1147, which would provide pathways for county and municipal governments to more effectively address property abandonment, is currently up for debate in the Indiana General Assembly.
Mayor Joe Hogsett calls 1230 S. Talbott a success story
Over the last three years there were approximately 600 properties in the county tax foreclosure sale, meaning 600 properties failed to pay or make arrangements to pay three property tax installments. Approximately 400 of those properties did not sell in each year and are just left to the next round at the same time they are being demolished-by-neglect. At the same time, there are approximately 60 unsafe building hearing cases each month with about 15 of those being new cases.
Land banking helps address this problem in two ways. First, putting problem properties in the land bank’s possession creates a local responsive owner who will secure the property, keep it clean and mowed. Right now, if a property owner decides not to pay taxes and leave town, the city and county do not have the tools to take care of a vacant house and so, blight spreads.
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