4 beds, 2 baths and a billboard

June 19, 2007
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If you've driven north on Delaware Street toward 16th, you've seen this billboard. But did you notice the Herron-Morton home behind it? The house is for sale, and it's one of the most interesting listing I've seen in a while. Billboard HomeIn terms of cost per square foot, the 1904 home is probably the best deal in the neighborhood. It has three levels and a basement for a total of 4,300 square feet. The price: $185,000. Of course, there are downsides. The owner plans to retain rights to the billboard, so you wouldn't have control over what your house is advertising. And at night, headlights glare into the front room. The home is owned by Clear Channel. "They had to buy the house to get the sign rights," said Larry Bray, the Tucker real estate agent listing the property.
  • Cory, do you know how long that billboard has been there? How on earth did they get zoning approval for that?
  • http://www.talktotucker.com/2729766
    The neighboring houses along Delaware are going for about $325,000
  • The billboard was attached to the property prior to the neighborhood becoming an historic district (I believe early 80's). The billboard is therefore grandfathered-in and is not subject to the same rules as the rest of the properties in Herron-Morton Place.
  • Seems like a good location for the IBJ to hang its first Property Lines billboard. Although your a forty foot high likeness of the blogmaster might not do wonders for local property values.
  • There was a push a couple years back to oust the billboard, which is, indeed, an eyesore. If I recall correctly, Clear Channel went around and around with Historic Preservation but ultimately prevailed.

    The neighborhood wasn't pleased.
  • I wonder if the person who buys the house could rent the billboard space and then have it painted to look like the side of the house...that would rock.
  • I dunno, the price sounds reasonable, and hardly a steal, given the billboard issue. I drive by there nearly daily, and the actual condition of the place ain't so great. I'm guessing something in the $325k range would be in better condition.
  • The house would probably be best suited for some kind of business. With 16th street up and coming, perhaps someone will invest to modify it for some kind of retail option.
  • Cory, correct me if I'm wrong, but this billboard was owned by your boss, one Mickey Maurer. He must have sold it recently to CC after he got the rezoning. Helps to have a little pull around town to get those things through...
  • Jim, you are correct. Thank you for bringing that to my attention. The controvery predates my arrival at IBJ.
  • Maybe the neighborhood will plant a couple of big ol' shade trees in that little patch of green in front of the billboard.

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  1. I am not by any means judging whether this is a good or bad project. It's pretty simple, the developers are not showing a hardship or need for this economic incentive. It is a vacant field, the easiest for development, and the developer already has the money to invest $26 million for construction. If they can afford that, they can afford to pay property taxes just like the rest of the residents do. As well, an average of $15/hour is an absolute joke in terms of economic development. Get in high paying jobs and maybe there's a different story. But that's the problem with this ask, it is speculative and users are just not known.

  2. Shouldn't this be a museum

  3. I don't have a problem with higher taxes, since it is obvious that our city is not adequately funded. And Ballard doesn't want to admit it, but he has increased taxes indirectly by 1) selling assets and spending the money, 2) letting now private entities increase user fees which were previously capped, 3) by spending reserves, and 4) by heavy dependence on TIFs. At the end, these are all indirect tax increases since someone will eventually have to pay for them. It's mathematics. You put property tax caps ("tax cut"), but you don't cut expenditures (justifiably so), so you increase taxes indirectly.

  4. Marijuana is the safest natural drug grown. Addiction is never physical. Marijuana health benefits are far more reaching then synthesized drugs. Abbott, Lilly, and the thousands of others create poisons and label them as medication. There is no current manufactured drug on the market that does not pose immediate and long term threat to the human anatomy. Certainly the potency of marijuana has increased by hybrids and growing techniques. However, Alcohol has been proven to destroy more families, relationships, cause more deaths and injuries in addition to the damage done to the body. Many confrontations such as domestic violence and other crimes can be attributed to alcohol. The criminal activities and injustices that surround marijuana exists because it is illegal in much of the world. If legalized throughout the world you would see a dramatic decrease in such activities and a savings to many countries for legal prosecutions, incarceration etc in regards to marijuana. It indeed can create wealth for the government by collecting taxes, creating jobs, etc.... I personally do not partake. I do hope it is legalized throughout the world.

  5. Build the resevoir. If built this will provide jobs and a reason to visit Anderson. The city needs to do something to differentiate itself from other cities in the area. Kudos to people with vision that are backing this project.