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Redevelopment commission approves sale of small Bankview Lot 6 at Lux Haven to adjacent owner at appraised value

5433284 · May 12, 2025
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Summary

Commission adopted a resolution finding highest and best use of Lot 6 at Lux Haven is sale to an adjacent property owner and authorized staff to provide required notice; the lot was appraised at $4,000 and is largely floodplain.

The Fishers City Redevelopment Commission adopted a resolution declaring Lot 6 at the Lux Haven (Bankview) property as best suited for sale to an adjacent property owner and authorized staff to provide the required notice to proceed with the sale.

A staff member explained that the irregularly shaped Lot 6 is small, entirely or mostly in floodplain and was appraised at $4,000. The staff member said they did not have the exact square footage in the meeting but that the appraisal supports selling the lot to the adjacent owner as the highest and best use.

Commissioners moved and seconded the resolution and approved it by voice vote; the transcript records the motion carried. The staff member said the transaction paperwork may ultimately require only one signature (Brad) and that Carrie was not present to sign; staff said they would circulate documents and finalize signatures later.

The commission did not provide a recorded roll-call tally or disclose specific buyer-identifying details in the transcript. No public comment on the lot sale was recorded.