Lowball Watch — Indiana

The Cherokee Tribune reports a jury award over twice the city’s offer. The subject property was commercial, improved with a glass shop. The city offered $160,000. City’s appraisers opined to a value of $145,000. The jury verdict was $305,000, plus interest. The court also awarded the owners attorney fees in the amount of $26,000. Devin Zimmerman, Jury Awards Kokomo Glass Shop $305,000 in Eminent Domain, Cherokee Tribune, March 18, 2019.