Mounds Mall Sold At Certificate Sale – Alex Brown – Inside INdiana Business

ANDERSON – The Mounds Mall in Anderson and the land on which it sits have been tentatively sold to new owners. Our partners at The Herald Bulletin report the building and property were sold to different owners Monday at the Madison County certificate sale for a total of $17,000.

The building was acquired for $12,000 by Mark Squillante. Two parcels of land that cover the Mounds Mall property were sold for a total of $5,000.

The mall property is currently owned by the Cook family, which has been looking to offload the property for more than a year. Last month, the family reached a deal to sell the property to Baumann RE LLC for $3 million.

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Indiana Officials Seek Tax Sale Reforms – INDYStar – Brian Eason

State lawmakers and local officials in both parties told The Star they will push for major reforms to reduce the county tax sale system’s effects on urban blight.

It’s not yet clear what shape the reforms might take — or whether the entrenched resistance that has stymied ambitious reforms in the past can be overcome.

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