The north-east side Indianapolis property that is home base
for the popular WFMS-FM 95.5 radio station yielded a whopping $625,000 bid in
the Marion County tax sale that ended Friday, according to a story at ibj.com.
The owner of the property at 6810 N. Shadeland Ave. is
Indianapolis Radio License Co., a subsidiary of Atlanta-based Cumulus Media
Inc., which owns local stations WFMS, WRWM-FM 93.9 and WJJK-FM 104.5.
Cumulus owes more than $80,000 in overdue taxes on the
Shadeland Avenue property, dating back to the spring of 2011, according to the
Marion County treasurer’s office, which conducts the annual tax sale.
Calls from IBJ seeking comment from both WFMS and Cumulus on
the overdue taxes were not returned.
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