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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowA foreclosed Ramada Inn property on the east side of Indianapolis will go up for online auction on Tuesday with a minimum starting bid of $300,000.
The two-story, 188-room hotel, which is still open, is located near Interstate 465 and Pendleton Pike at 7701 E. 42nd St. Built in 1970, it features 12,500 square feet of meeting space, a restaurant space used by Bennigan's, as well as an indoor and outdoor pool.
The property was recently listed for sale for $1.8 million by Clinton, N.J.-based Unity Bank.
Bidding on the Auction.com website begins at 1 p.m. Tuesday and ends at 5 p.m. June 9.
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