A bankruptcy court-appointed trustee has hired an auctioneer to sell the 130-acre property in Bloomington, Ind., which is expected to take place in April. One of the expected bidders is Pointe Service Association, a homeowners association that represents 19 neighborhoods with approximately 900 residents. A trustee appointed by the bankruptcy court to oversee the fate…

Doug Thomas, the new owner of the Bloomington, Ind., resort, said the Indiana Department of Revenue closed the business in response to both the buyers and the sellers filing tax reports for the same business before the sale was finalized.

Doug Thomas and his family bought the Bloomington, Ind., property last December, and plan to invest $500,000 in the facilities by the end of the year. The focus of the updates will first be on the clubhouse, then shift to improving turf conditions on the golf course.