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City of Franklin selling two buildings, including former City Hall

 IBJ Staff
February 13, 2010
Keywords
Commercial Real Estate, Franklin, Johnson County, Real Estate & Retail, Regional News
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The city of Franklin is offering two vacant buildings for sale, including the 1936 post office that served as Franklin’s City Hall from the early 1980s until 2008, when severe flooding forced the city to move.

Mayor Fred Paris is suggesting a restaurant as a tenant for the former city hall, which sits at 55 W. Madison St. about a block from the Artcraft Theatre and the Willard Restaurant.

The city said the property appraised at $225,000 to $275,000. The other building for sale, a former planning building at 44 N. Jackson St., appraised for $85,000 to $110,000.

Bids for one or both of the parcels will be accepted from Feb. 17 through March 16 at the Clerk-Treasurer’s Office at 70 E. Monroe St.

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  • $225,000-$275,000
    Just ThinkinMarch 4, 2010 8:29 PM
    How can a 1936 building that recently flooded be worth that much. And the Mayor Fred Paris suggests that it would be great for a restaurant! Who appraised this building? Real Estate Broker Fred Paris!
    Reply to CommentFlag Comment

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  1. Saw the Indy Men's Chorus "Music of Gilbert & Sullivan" at the Indiana Historical Society on Sunday evening.

  2. Temporary workers are not "tools" they are people and companies that keep large amounts of temp staff are cheating.

  3. I miss having them around. I hope one of their stores is in the general Meridian/86th Street area. I will make good use of it.

  4. The Fringe! Plus, the simple fact that there are so many local faves in such close proximity to each other.

  5. I remenber, watching the toll road, being built, through South Bend, when I was 10 years old. I believe, back then that it was estimated, that the toll road, would be paid for in 20 years and then it would be free. I am now 71, what happened? Since the power is in the people, by that, I mean that, we the people are in total control of everything. I, suggest that no one ever use the toll road again, let it go broke. We the people can control the price of everything, from groceries to gas, if we would just do it. If we don't pay the asking price, the sellers will lower the price and if we wait awhile, they will lower the price to what we accept as reasonable. I would like to know why a highway like interstate 94, is so well maintained, a much better highway, than the toll road, but has no tolls. I would also like to know why, a sitting governor, with a term limit, maximum of eight years, can lease, public property, for 75 years. Even though I have transponders in both of my trucks and will not be affected by the increase, I have been and will contine to avoid using the toll road. I make many trips from northern Indiana to Chicago, every year, and I prefer the better highway, I94!

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