The Porter County Plan Commission unanimously approved the reinstatement of
secondary plats for Phase 2 of the Sagamore subdivision in unincorporated
Union Township yesterday giving new life to the overgrown and forgotten
housing community.
Ardie Bucher, representing Bucher Development which purchased the land back
in June, spoke to the nine-member commission about what has happened with
the property in the past and what they plan to do with the property moving
forward.
“This property was taken back by the bank, Harris Bank, in the last several
years from the original developer. Since that time they have not been
selling lots, they have not been maintaining the property to the degree that
it should be maintained at.” Bucher said. “Our objective with this property
is to make it a viable property, so that the current homeowners, future
homeowners, the county and we can be proud of it.”
According to Bucher there are currently 14 homes in the subdivision, and
those families welcome the development, which could see 80 houses in the
first phase and as many as 200 when all is said and done.
Bucher wants to
start getting more families into the subdivision as soon as possible, and at
$35,000 a lot, they are priced to move. “We are going to be very aggressive
and price lots to sell.” Bucher said. “You got to get it going, you have to
get people to believe in it, and we are investing money to do that.”
Posted 8/11/2011