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| Indiana Jail Is for Sale |
| By AP |
| Published: 09/19/2002 |
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Porter County, Ind., commissioners plan to sell the old Porter County Jail at auction on Nov. 20. 'A jail is obviously a very unusual real estate offering,' said Steven L. Good, chief executive officer of Sheldon Good & Co. Auctions. Sheriff's officers and inmates are moving from the 30-year-old jail in downtown Valparaiso to a new jail, but demolishing the 35,272-square-foot jail could cost as much as $300,000, county officials said. The minimum bid will be $25,000, though Good said it was difficult to determine an asking price for the jail because so few are on the market. Paul Galanis, senior project manager at Good, said the four-story, brick-and-concrete building could be redeveloped as an office building or medical center, or the property could be used for a private prison. |
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