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Adam Lanza's 'Unsalable' House to Get New Owner

Town of Newtown deeded home by bank
By Kate Seamons,  Newser Staff
Posted Dec 4, 2014 11:18 AM CST

(Newser) – The town of Newtown, Conn., will soon be the owner of a 3,100-square-foot Colonial-style home on 2.1 acres that is otherwise, per a lawyer involved with the house, essentially unsalable: that of Sandy Hook Elementary School shooter Adam Lanza. Lanza killed his mother Nancy in the home; at the time of her death, she had a mortgage just north of $400,000 on it. Son Ryan was the sole heir of his mother's estate, and he OKed the sale of the property, which ultimately ended up in the hands of Hudson City Savings Bank of New Jersey.

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The town council last night unanimously voted to accept ownership of the house; the Connecticut Post notes there was no conversation or debate before the vote. The Hartford Courant explains that by ferrying the home through an LLC and then the bank, the documents will show the town did not acquire the home directly from the Lanza family. The town will pay nothing for the Yogananda Street residence, though taxpayer funds could potentially be needed to tear the house down. The town has yet to decide what it will do with the home. The AP reports some residents want to see it destroyed; others have lobbied to have the land become a park. (A November report detailed missed opportunities to help Adam Lanza.)

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