At their meeting two weeks ago, the Mt. Carmel City Council voted to sell the vacant lot at 615 Cherry Street. The lot has been vacant since the city demolished a dilapidated house there several years ago. Now, the city wants to sell it and put it back on the tax rolls. Monday, the council set the parameters for how the lot will be used once it is sold. Commissioners decided that the double lot will not be able to be subdivided into two lots and a stick built home of at least 1,500 square feet will have to be built. The council was specific in saying that no manufactured homes will be allowed to be placed on the lot. In addition, construction of the new home on the lot would have to start within two years. And if not, then the winning bidder would forfeit 50% of the purchase price. Once the bid window opens, potential buyers would have 30 days to place a bid.
This vacant lot at 615 Cherry Street will soon be for offered for sale by the city of Mt. Carmel.
