Steven Ingersoll dropped the asking prices on five of the six Bay City properties he'd quietly listed back on September 3, 2015 — cutting one price in half — less than two days after I revealed the information exclusively on this blog.
And since Judge Thomas L. Ludington issued an order yesterday restraining Ingersoll from selling any more property to preserve his assets, your girl Miss Fortune expected to find the listed properties pulled from the market.
No, they're still for sale...and prices are falling like maple leaves.
Although Ingersoll once had plans to restore 1900 Broadway and use it for a vocational school (building at left in a news story), its price was cut in half, falling from $32,000 to $16,000. The asking price for 1501 Center Avenue dipped only slightly, down to $47,000 from $48,000.
The price for another property, 106 S. Linn Street, (termed by its broker a "fire sale in Midland Street Historical District") dropped by 30 percent, going from $34,000 down to $23,800.
Yes, the "fire sale" is having its own "fire sale"!
Although one property, 1022 N. Birney, held firm at $58,700, a building formerly under renovation at 909 6th Street went from $22,000 to $18,000.
The Steven Ingersoll fraud circus continues..cue the calliope!