Renaissance Property Sold at Tax Auction
by Sammy Edmonds
posted Oct 4 2013 1:59PM
A site near I-69 and State Road 18 that had been targeted as a site for shops and other developments in 2007 was sold at a sheriff’s tax auction Wednesday.
The “Chronicle-Tribune” reports the four parcels of land were sold yesterday after Marion Land Development and other developers defaulted on loans for the properties.
Mutual Bank purchased the properties for an estimated 2.5 million dollars. Bank officials did not say what plans they have for the site.