Land Bank

The Van Wert County Land Reutilization Corporation (Land Bank) is focused on facilitating the transition of blighted, foreclosed and abandoned properties.

The Land Bank is a non-profit organization created to acquire, hold, manage, and sometimes redevelop property in order to return these properties to productive use to meet community goals, such as increasing affordable housing or stabilizing property values. The board meets during first month of each quarter on the second Tuesday for that month.

AVAILABLE PROPERTIES

 

820 N. Washington St., Van Wert

7.75 acres; Zoned Commercial – Vacant Lot. Demolition completed February 2023. Asking price $999,000.00

Contact Van Wert Area Economic Development at 419-238-2999 or email info@vanwerted.com

 

 

 

641 N. Jefferson St., Van Wert

1.75 acres; Vacant Lot. Demolition completed February 2023. Asking price $55,000

Contact Van Wert Area Economic Development at 419-238-2999 or email info@vanwerted.com

 

 

 

 
 
 
 
 
 

14217 Lincoln Highway, Van Wert

Minimum bid is $1,000 with bids due 3/28/23 at 2 pm.

Contact Van Wert Area Economic Development at 419-238-2999 or email info@vanwerted.com

Bid Proposal 14217 Lincoln Highway

Application 14217 Lincoln Highway

 

 

 

499 Shaffer St., Van Wert

Minimum bid is $500 with bids due 3/30/23 at 2 pm.

Contact Van Wert Area Economic Development at 419-238-2999 or email info@vanwerted.com

Bid Proposal 499 Shaffer St.

Application 499 Shaffer St.

 

 


“As a longtime Van Wert citizen, and one who has taken pride in this community for many years, I would like to commend Van Wert Area Economic Development in its work with the land bank operation. I realize it’s easy to let properties go over a period of time, and it’s even easier over time, to accept them as normal for our community. However, when a new eye comes into our community and makes us aware of how it could be, we all benefit. Through the land bank operation, the City of Van Wert has been able to raze certain buildings and homes in disarray that many have become accustomed to. What an improvement we have experienced with the elimination and return to green space of these blighted properties.

As Executive Director of the Niswonger Performing Arts Center in Van Wert, I see visitors coming into our community on a regular basis. What an improvement we have enjoyed that we can now show off our entire community with pride! Thank you, Van Wert Area Economic Development.”

– Paul Hoverman