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Stinesville's historic, rundown buildings still on market for $1

By Mitch Legan

Posted December 3, 2021

Stinesville buildings being sold for $1

(Devan Ridgway, WTIU/WFIU News)

The group of historic buildings in Stinesville is still on the market for $1.

The town is looking for someone to buy and refurbish the four buildings, which have been vacant and deteriorating since the 1990s. The town council partnered with Indiana Landmarks to accept applications.

READ MORE: Stinesville hopes $1 building sale will bring business back

“We don't have the funds to rehab the buildings,” Kelsey McGlocklin, council vice president, said. “It would mean more funds into the town, more business, more people.”

The initial deadline was Nov. 15, but the date passed without any bids.

Mark Dollase, vice president of preservation services for Indiana Landmarks, said he received many inquiries about the properties after news organizations reported on the situation in late October. It was too quick of a turnaround for many potential applicants, so he suggested pushing the date back.

“I had four showings of the buildings in one day,” McGlocklin said. “They didn't realize it was due because it was the week before the 15th (of November).”

The new deadline for applications is Dec. 31.

Dollase has gotten about 25 inquiries so far, but no official bids. What will happen to the buildings if no bids are received is yet to be determined.

Those who are interested can submit proposals through Indiana Landmarks.

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