HomeMy WebLinkAbout5A7 502-524 Carroll St. & 316 E Monroe Disp. (Resolution No. 3655, Bid Specs, Notice) - SignedSouth Bend
Redevelopment Commission
215 S. Dr. Martin Luther King, Jr. Blvd., Room 301, South Bend, Indiana
Redevelopment Commission Agenda Item
D ATE : 10/16/2025
FROM: Erin Michaels – Property Development Manager
SUBJECT: Disposition of Seven Lots on Carroll St
Funding Source* (circle) River West; River East; South Side; Douglas Road; West Washington; RDC General; Riv. East Res.
* Funds are subject to the City Controller's determination of availability; if funds are unavailable, as solely determined by the City Controller, then the
authorization of the expenditure of such funds shall be void and of no effect.
PURPOSE OF REQUEST: Begin Disposition Process of Seven Lots on Carroll St
SPECIFICS: In 2023 the Board of Public Works acquired seven parcels on Carroll St from the adjacent property
owner, and these parcels were transferred to the Redevelopment Commission as a better entity to facilitate the
redevelopment of this property.
The attached three documents - Bid Specifications, Noticed of Intended Disposition, and Resolution establishing
offering price – are the beginning of the process for the property to be redeveloped and set the following
conditions for a bid on the Property:
- $29,951 minimum bid (average of two appraisals)
-All bids will be due by 9:00am on November 13, 2025 and opened publicly at the RDC meeting on
November 13, 2025
-During the review process, emphasis will be placed on compatibility with and support of the goals and
objectives of the surrounding businesses and neighborhood, the Monroe Park Edgewater Neighborhood
Plan and the Development Plan for the River West Development Area.
_________________________Pres/V-Pres
ATTEST: __________________Secretary
Date: ____________________
APPROVED Not Approved
SOUTH BEND REDEVELOPMENT COMMISSION
October 23, 2025
RESOLUTION NO. 3655
RESOLUTION OF THE SOUTH BEND REDEVELOPMENT COMMISSION
ESTABLISHING THE OFFERING PRICE, APPROVING BID SPECIFICATIONS, AND
APPROVING NOTICE OF INTENDED DISPOSITION OF PROPERTY IN THE RIVER
WEST DEVELOPMENT AREA
WHEREAS, the South Bend Redevelopment Commission (the “Commission”),
the governing body of the City of South Bend, Indiana, Department of Redevelopment,
exists and operates pursuant to I.C. 36-7-14 (the “Act”); and
WHEREAS, the Commission may dispose of real property in accordance with
Section 22 of the Act; and
WHEREAS, the real property identified at Exhibit A attached hereto and
incorporated herein (the "Property") has been appraised by two qualified, independent,
professional real estate appraisers, and a written and signed copy of their appraisals is
contained in the Commission’s files; and
WHEREAS, each such appraisal has been reviewed by a qualified staff member
of the Department of Community Investment, and no corrections, revisions, or additions
were requested by such reviewer; and
WHEREAS, bid specifications and design considerations pertaining to the
disposition of the Property have been prepared in accordance with the Act, in the form
attached hereto as Exhibit B; and
WHEREAS, a Notice of Disposition of Property has also been prepared in
accordance with the Act, in the form attached hereto as Exhibit C; and
WHEREAS, the Commission now desires to approve of each of these documents
to initiate the disposition process of the Property.
NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment
Commission, as follows:
1. Based upon the appraisals, the offering price of the Property described at Exhibit
A is hereby established as stated therein, which amount is not less than the
average of the two appraisals, and all documentation related to such
determination is contained in the Commission’s files.
2. The bid specifications and design considerations prepared for the Property as set
forth in Exhibit B are hereby approved.
3. The Notice of Disposition of Property, in the form set forth in Exhibit C, is hereby
approved, and shall be published in accordance with Ind. Code § 5-3-1.
4.The staff of the Department of Community Investment is hereby authorized and
directed to take all other actions required by Section 22 of the Act on behalf of
the Commission in order to effectuate the disposal of the Property.
5.This Resolution shall take effect immediately upon adoption by the Commission.
ADOPTED and APPROVED at a meeting of the South Bend Redevelopment
Commission held on October 23, 2025 at County-City Building, 227 West Jefferson
Boulevard, South Bend, Indiana 46601.
SOUTH BEND REDEVELOPMENT
COMMISSION
____________________________
Troy Warner, President
ATTEST:
____________________________
Eli Wax, Secretary
EXHIBIT A
Offering Sheet
Property Size Minimum
Offering Price Proposed Re-Use
63 X 66 Ft Nw Cor Lot 19 Denniston & Fellows Sub Of
Lots 19 20; State Parcel ID 71-08-12-329-001.000-026;
Commonly Known As 502 Carroll St
33 Ft N End So 69 Ft Sw Pt Lot 19 Denniston & Fellows
Sub Pt Lot 19 & 20 23/24 Split #60880 9/6/2022 to
096901; State Parcel ID 71-08-12-329-002.000-026;
Commonly Known As 510 Carroll St
36'X 66'Sw Pt Lot 19 Denniston & Fellows Sub Pt Lot 19 &
20 & S 36'Lot 7 Hudson Add 23/24 Split #60880 9/6/2022
to 097001; State Parcel ID 71-08-12-329-003.000-026;
Commonly Known As 512 Carroll St
66' x 132' Nw Cor Lot 20 Denniston & Fellows Sub Of Lots
19 20 23/24 Split #60880 9/6/2022 to 097101; State
Parcel ID 71-08-12-329-006.000-026; Commonly Known
As 514 Carroll St
N 33' Of 33 X 132' S W Cor Lot 20 Denniston & Fellows
Sub Lots Of 19-20 23/24 Split #60880 9/6/2022 to
097201; State Parcel ID 71-08-12-329-007.000-026;
Commonly Known As 516 Carroll St
33 X 132 Ft Sw Cor Lot 20 Denniston & Fellows Sub Lots
Of 19-20 23/24 Split #60880 9/6/2022 to 097301; State
Parcel ID 71-08-12-329-008.000-026; Commonly Known
As 524 Carroll St
63 Ft N Side Of Lot 7 Hudsons Sub Of Parts Of Lots 19-
20 Denniston & Fellows 23/24 Split #60880 9/6/2022 to
097401; State Parcel ID 71-08-12-329-004.000-026;
Commonly Known As 316 E Monroe
Site:
0.75
acres
$29,951.00
Projects that are
permitted within the
NC Neighborhood
Center and U2
Urban
Neighborhood 2
zoning designations.
Strong emphasis will
be placed during the
review process on
compatibility with
and support of the
goals and objectives
of the Monroe Park
Edgewater
Neighborhood Plan
and the River West
Development Area
and the surrounding
businesses and
neighborhood.
EXHIBIT B
Bid Specifications and Design Considerations
Sale of Redevelopment Owned Property
River West Development Area
63 X 66 Ft Nw Cor Lot 19 Denniston & Fellows Sub Of Lots 19 20 | 33 Ft N End So 69
Ft Sw Pt Lot 19 Denniston & Fellows Sub Pt Lot 19 & 20 23/24 Split #60880 9/6/2022 to
096901 | 36'X 66'Sw Pt Lot 19 Denniston & Fellows Sub Pt Lot 19 & 20 & S 36'Lot 7
Hudson Add 23/24 Split #60880 9/6/2022 to 097001 | 66' x 132' Nw Cor Lot 20
Denniston & Fellows Sub Of Lots 19 20 23/24 Split #60880 9/6/2022 to 097101 | N 33'
Of 33 X 132' S W Cor Lot 20 Denniston & Fellows Sub Lots Of 19-20 23/24 Split
#60880 9/6/2022 to 097201 | 33 X 132 Ft Sw Cor Lot 20 Denniston & Fellows Sub Lots
Of 19-20 23/24 Split #60880 9/6/2022 to 097301 | 63 Ft N Side Of Lot 7 Hudsons Sub
Of Parts Of Lots 19-20 Denniston & Fellows 23/24 Split #60880 9/6/2022 to 097401
Commonly Known As: 502 Carroll St, 510 Carroll St, 512 Carroll St, 514 Carroll St,
516 Carroll St, 524 Carroll St, 316 E Monroe
Parcel IDs: 71-08-12-329-001.000-026, 71-08-12-329-002.000-026, 71-08-12-329-
003.000-026, 71-08-12-329-006.000-026, 71-08-12-329-007.000-026, 71-08-12-329-
008.000-026, 71-08-12-329-004.000-026
1. All of the provisions of I.C. 36-7-14-22 will apply to the bidding process.
2. All offers must meet the minimum price listed on the Offering Sheet (page 7).
3. Proposals for redevelopment are required to be for projects that are permitted
within the NC Neighborhood Center and U2 Urban Neighborhood 2 zoning
designations. All proposals must conform to the existing zoning provisions as
outlined in the South Bend Zoning Ordinance Title 21 of the City of South Bend
Municipal Code.
Proposals for the reuse of the property must include a basic reuse plan for the
site and a project timeline detailing aspects of the site redevelopment and site
improvements. During the review process, emphasis will be placed on
compatibility with and support of the goals and objectives of the surrounding
businesses and neighborhood, the Monroe Park Edgewater Neighborhood Plan,
and the Development Plan for the River West Development Area.
4. Bidders are prohibited from the use of the property for speculation or land-
holding purposes.
5. All other provisions of the Monroe Park Edgewater Neighborhood Plan and River
West Development Area Development Plan must be met.
EXHIBIT C
Notice of Intended Disposition of Property
RIVER WEST DEVELOPMENT AREA
Notice is hereby given that the Redevelopment Commission of the City of South Bend, Indiana, will receive sealed offers for the
purchase of certain property situated in the River West Development Area until 9:00 a.m. (local time) on November 13, 2025 in the
Office of the Department of Redevelopment, 215 S. Dr. Martin Luther King Jr. Blvd., Suite 500, South Bend, Indiana, 46601. All
offers will be publicly opened and read aloud at 9:30 a.m. (local time) on the November 13, 2025 at the Regular Meeting of the
Redevelopment Commission to be held that date and time in 215 S. Dr. Martin Luther King Jr. Blvd., Room 301, South Bend, IN
46601, or in the event of cancellation or rescheduling, at the Redevelopment Commission’s subsequent regular meeting or
rescheduled regular meeting held at a time and place given by public notice. Bid proposals for the purchase of the property offered
will be considered.
The property being offered is legally described as 63 X 66 Ft Nw Cor Lot 19 Denniston & Fellows Sub Of Lots 19 20 | 33 Ft N End
So 69 Ft Sw Pt Lot 19 Denniston & Fellows Sub Pt Lot 19 & 20 23/24 Split #60880 9/6/2022 to 096901 | 36'X 66'Sw Pt Lot 19
Denniston & Fellows Sub Pt Lot 19 & 20 & S 36'Lot 7 Hudson Add 23/24 Split #60880 9/6/2022 to 097001 | 66' x 132' Nw Cor Lot
20 Denniston & Fellows Sub Of Lots 19 20 23/24 Split #60880 9/6/2022 to 097101 | N 33' Of 33 X 132' S W Cor Lot 20 Denniston &
Fellows Sub Lots Of 19-20 23/24 Split #60880 9/6/2022 to 097201 | 33 X 132 Ft Sw Cor Lot 20 Denniston & Fellows Sub Lots Of
19-20 23/24 Split #60880 9/6/2022 to 097301 | 63 Ft N Side Of Lot 7 Hudsons Sub Of Parts Of Lots 19-20 Denniston & Fellows
23/24 Split #60880 9/6/2022 to 097401. The property being offered bears the Tax IDs of 018-3027-0968, 018-3027-0969, 018-3027-
0970, 018-3027-0971, 018-3027-0972, 018-3027-0973, and 018-3027-0974, and is commonly known
as 502 Carroll St, 510 Carroll St, 512 Carroll St, 514 Carroll St, 516 Carroll St, 524 Carroll St, and 316 E Monroe the River West
Development Area, South Bend, Indiana. Any proposal submitted must be for the site as noted on the Offering Sheet. The required
re-use of the property is for projects that are permitted within the NC Neighborhood Center and U2 Urban Neighborhood 2 zoning
designations. Strong emphasis will be placed during the review process on compatibility with and support of the River West
Development Area, the Monroe Park Edgewater Neighborhood Plan and the surrounding businesses and neighborhood.
A packet containing bid forms, the Offering Sheet and other pertinent information may be picked up at the Department of
Community Investment, 215 S. Dr. Martin Luther King Jr. Blvd., Suite 500, South Bend, IN 46601.
The Commission reserves the right to reject any and all bids, and to make the award to the highest and best bidder. In determining
the best bid, the Commission will take into consideration the following:
1. The use of the improvements proposed to be made by each bidder on the property, and their compatibility with and support of
the proposed re-use as described in the Offering Sheet;
2. Each bidder’s ability to improve the property with reasonable promptness;
3. Each bidder’s proposed purchase price;
4. Any factors which will assure the Commission that the sale, if made, will further the carrying out of the Development Plan for
the River West Development Area and the Monroe Park Edgewater Neighborhood Plan and will best serve the interest of the
community from the standpoint of human and economic welfare; and
5. The ability of each bidder to finance the proposed improvements to the property with reasonable promptness.
The Commission further reserves the right to waive any formalities in bidding which are not mandatory requirements. A bid
submitted by a trust (as defined in IC 30-4-1-1(a)) must identify each:
(A) beneficiary of the trust; and
(B) settlor empowered to revoke or modify the trust.
To secure the execution of the disposition agreement, the purchase of the property and the redevelopment thereof in accordance
with the agreement, the bidder must submit with the proposal a faithful performance guaranty, in the sum of ten percent (10%) of
the amount offered for the purchase of the property. The guaranty sum may be in the form of a certified check, a cashier’s check,
surety bond, letter of credit from a bank or trust company as approved by the Redevelopment Commission, or by other sufficient
security, but the form, substance and terms of the performance guaranty must be approved as satisfactory by the Redevelopment
Commission. The performance guaranty, if by cashier’s or certified check, shall be deposited in any account of the Department of
Redevelopment, City of South Bend, in a bank or trust company selected by the Redevelopment Commission.
CITY OF SOUTH BEND, INDIANA
DEPARTMENT OF COMMUNITY INVESTMENT
Erin Michaels, Property Development Manager
Publish Dates: October 31 and November 7, 2025