500 Block Bayard Park Dr – TruVest LLC
Description
Old business involving TruVest LLC's interest in land bank property on the 500 block of Bayard Park Drive.
Impact summary
Eight new homes on a block that's been vacant land, built in rolling pairs starting roughly 90-120 days after contracts are signed.
Applicant
- Name
- TruVest LLC
- Address
- 500 Block Bayard Park Dr, Evansville, IN
At a glance
- Hearings
- 4
- Public comments
- 0
- Total mentions
- 4
Discussed at 1 meeting in the last 60 days; most recently Sep 18, 2026.
Meeting timeline (4)
Land Bank Corporation Board - Sep 18, 2026
Monthly update: subcontractor quotes for foundation, electrical, plumbing and HVAC are in negotiation; the Champion Homes contract is nearly signed and crawl-space foundation designs are ready for submission once it is.
Land Bank Corporation Board - Jul 17, 2026
TruVest is building single-family modular homes on eight former land bank lots, two at a time via Champion Homes, and got its development agreement extended to August 2027 with monthly reporting and tax-payment conditions.
Land Bank Corporation Board - Jun 12, 2026
Old business involving TruVest LLC's interest in land bank property on the 500 block of Bayard Park Drive.
Land Bank Corporation Board - May 15, 2026
TruVest is behind on its development agreement on six parcels, with delinquent taxes and liens, but says financing is now in-house and construction restarts within weeks.
Related issues (4)
TruVest project – 500 block Bayard Park Drive
TruVest's monthly update showed subcontractor bids coming in and the Champion Homes purchase contract near signing for new homes on the lots. The board also asked code enforcement about a deplorable, non-TruVest-owned property at 500 Baird Park.
TruVest modular home development on Bayard Park Drive
Eight vacant land bank lots on the 500 block of Bayard Park Drive will get modular single-family homes built by Champion Homes and shipped in from Topeka, Indiana. The board extended the deadline to August 2027 but added accountability: monthly reports and on-time tax payments.
TruVest Noncompliance on Bayard Park Drive Parcels
A 2023 trust fund loan to build affordable homes on Bayard Park Drive has gone unpaid since December 2025 after contractor problems derailed a sale. The committee gave a 90-day extension but demanded in-person accountability — and members admitted oversight of the loan had been too loose for years.
TruVest unpaid taxes and liens on Bayard Park Drive
TruVest LLC promised in May to pay delinquent taxes and weed liens on 500 and 508 Bayard Park Drive but hasn't. The board is waiting until July before deciding whether to claw back the properties, some of which have homes built on them.
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