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Tuesday, October 9, 2012

WFMS Property In County Tax Sale


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.

ReadMore Here.

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