The future of a Terre Haute historical site is up in the air as the building is set to be auctioned off for a second time in recent months.
Indiana Theatre will be part of a Vigo County certificate sale March 19. The Vigo County Auditor’s Office confirmed the building was first auctioned during a tax sale in September 2018.
At that time, no buyers came forward with the required minimum bid of just over $100,000—the amount of back taxes owed on the property at the time.
When no one purchased the property at auction, the county became the lien holder, and opted to include the property in the upcoming certificate sale.
Vigo County deputy auditor John Villa explained that if a bid is accepted next Tuesday, the property owner—in this case David R. Lundstrom, would have four months to redeem the property by paying off all taxes, liens and penalties owed.
“The state statute always errs on the side of the property owner,” Villa explained.
Currently, $120,530.32 are owed in back taxes according to the Vigo County Treasurer’s office.
The starting bid for Indiana Theatre will be $108,798.00. If no one purchases the property Tuesday, the building would be included in future auctions until sold or until the tax debt is cleared.
Though the property is up for auction, Lundstrom said in a phone interview Wednesday he is continuing to work out his tax debts, and is planning to move forward with previously scheduled renovations.
According to the Indiana Theatre website, “the curtain first rose” on Jan. 28, 1922 with the showing of the silent film, “Cappy Ricks.”
The website boasts a history of hosting famous talent dating back to the days of Lucille Ball, Red Skelton and Frank Sinatra. The theatre was even the site of the world premiere screening of Disney’s McFarland, USA in 2014.
It has been listed on the National Register of Historic Places since 1997.
Lundstrom purchased the property under the name Indiana Theatre, LLC in 2013. During that time, he said he has put his efforts into “reviving and restoring it.”