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Might You Convert It? Former Indiana Library Seeks Purchaser for Subsequent Chapter

Posted by: | Posted on: October 26, 2021

With its red-orange Spanish-tile roof and its beautiful brickwork, the previous library in Kendallville, IN—considered one of 2,509 libraries throughout the nation constructed by Andrew Carnegie within the early twentieth century—is an architectural magnificence.

This century-old marvel, opened in 1913, now seeks a brand new proprietor with $250,000 in hand, plus the funds to repurpose the construction. Whereas the facade is just attractive, a superb thoughts is required to breathe new life into this former repository of books.

“Anyone who purchases that is buying it for the outside,” says Carl Quandt of The Quandt Staff, who’s itemizing the constructing for $250,000. “Plenty of work must be finished.”

However the 4,464-square-foot constructing hasn’t precisely been deserted. The vendor—who owns a framing store across the nook—snapped it up 10 years in the past with plans to rework it into an artwork gallery.

“She’s bought a watch for cool issues,” says Quandt of the vendor, who hosted a number of exhibits within the library.

Earlier than that, an architectural agency and one other enterprise housed their workplaces right here. Additions like a drop ceiling and baseboard heaters had been a departure from the unique design.

The constructing final served as a library round 1960, when the town determined that it wanted an even bigger facility, says Quandt. The city used proceeds from the sale to purchase a constructing for its new location.

The Carnegie Library is zoned for each residential and industrial use, however the curiosity thus far has tilted towards its use as a residential dwelling.

“I haven’t had a single curiosity in industrial,” says Quandt.

Exterior of former library in Kendallville, IN








One of many loos









Each the roof and basis are in excellent situation, because of the vendor’s restore of the fieldstone and brick. She additionally changed a number of roof tiles {that a} twister had ripped off, and put in two furnaces and two air-conditioning models.

“Nothing must be finished to the outside,” the agent says.

However, the customer might want to spend money on restoration if that is to turn out to be a personal residence. There isn’t any place to cook dinner, and not one of the 4 half-bathrooms characteristic a bathe or tub.

“It has by no means been a single-family house, and it’s not transformed in the mean time,” says Quandt.

{The electrical} techniques will even require updates.

A completed basement, which has excessive ceilings and enormous home windows that permit within the pure gentle, may simply be changed into dwelling house, and the constructing even comes with a separate entrance. It is already divided into 4 rooms.

Quandt will usually stage a house (“Usually, I present up with a trailer filled with gadgets,” he says), however for this itemizing, he let the library’s historic bones lie naked for all to see.

“Plenty of the woodwork in there may be preserved. I felt prefer it bought itself,” he says.

Kendallville, 30 miles north of Fort Wayne, IN, is a well-liked hub for retirees enamored with small-town life.

“Child boomers from different areas wish to retire and interested in the low value of dwelling,” Quandt says.

Downtown Kendallville affords “outdated buildings and funky outlets,” together with antiques shops and a classic movie show.

And test it out: Potential patrons have reached out from as far-off as California, Chicago, and Washington, DC.

The publish Might You Convert It? Former Indiana Library Seeks Purchaser for Subsequent Chapter appeared first on Actual Property Information & Insights | realtor.com®.

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