Girl Scouts selling Zionsville tract, three others

August 10, 2010

Girl Scouts of Central Indiana is selling four of its nine camps, including a 68-acre property near Zionsville, after an evaluation of its central Indiana real estate holdings.

The property north of Zionsville, Camp Hawthorne Trails, is just east of Michigan Road and north of State Road 32. The wooded tract, which includes a stream, two cabins and a small lodge, is listed for $1.36 million, or about $20,000 an acre.

Because land sales have been scarce in recent years, Summit Realty broker Rebecca Baer, who has the listing, went back to 2007 to find sales of comparable property to determine pricing.

“There’s always a market for a unique property,” said Baer, who said the pricing could attract a retail or commercial developer. Though there’s little new development of either kind happening right now, a residential developer might see the land as a bargain. It could probably have commanded double the asking price five years ago when residential real estate was booming, Baer said.

Girl Scouts has owned the camp since receiving it as a gift in the early 1960s.

The other Girl Scouts properties for sale are Camp Windigo, a 350-acre site near Upland in Grant County, and Camp Treaty Line, on 38 acres near Centerville in Wayne County. Camp Treaty Line is listed for $99,900, about $2,600 an acre. Camp Windigo is listed for $3,000 an acre. Baer said in all three cases the Girl Scouts’ preference is to sell the properties without dividing them into multiple parcels.

A fourth property, 47-acre Camp Munsee near Muncie in Delaware County, isn’t listed with a broker. Girl Scouts is working with Muncie-based Red-tail Conservancy, which wants to buy the property and preserve it.

The decision by Girl Scouts to sell the properties follows a consolidation among Girl Scouts councils nationwide in 2007 that left the local council with a much bigger service area and more real estate. The consolidation reduced the number of councils nationwide from more than 300 to just over 100. The former Hoosier Capital Council, which served Marion County and parts of surrounding counties, now serves 45 central Indiana counties.

It went from owning four camps to owning nine. The proceeds from the sales will be used to upgrade remaining camps.

The organization also relocated its headquarters Aug. 9 from 20,000 square feet of space at 1800 N. Meridian St. to 15,000 square feet at 2611 Waterfront Parkway, East Drive, Suite 100.

The Citimark Management property is better equipped to serve the needs of its members and is more convenient, said Deana Potterf, director of communications for the local Girl Scouts council. Parking for the Meridian Street offices, where the group had been for 15 years, was across the street from the building, for example.

Girl Scouts had occupied about a third of the Meridian Street building, which Potterf said is owned by Delano Realty.
 

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