Malls · Indiana
Mounds Mall
Mounds Mall opened 1965, lost anchors, closed 2018, now boarded up; ownership and reuse prospects unknown. · summary, model-written
Solid = from the authors' map · outlined = public source · dashed = model-written, not yet reviewed by a person. Tap any value's source label to see where it came from. documented = a quoted excerpt (click to read it) · reported = a source named, no excerpt yet · no source.
Site profile9 elements · what this retrofit is built with · tap a chip for the evidence
Elder-Beerman
This site: Elder-Beerman wikipedia · all sites with thisJCPenney
This site: JCPenney wikipedia · all sites with thisMontgomery Ward
This site: Montgomery Ward wikipedia · all sites with thisClosed or demolished, no retrofit recorded
This site: …closed extraction · all sites with thisHigh social vulnerability tract (SVI ≥ 0.75)
This site: 0.86 cdc-svi · all sites with thisLower-income tract (< $50k)
This site: $36,701 census-acs · all sites with thisOpportunity Zone
This site: 18095001000 hud-oz · all sites with thisRenter-majority tract
This site: 60% census-acs · all sites with thisTract income up 60%+ since 2013
This site: +94% census-acs · all sites with thisNow
| Status | Closedextracted, unreviewed documentedAfter a period of decline, Mounds Mall closed to the public in April 2018. |
|---|---|
| What is there now | boarded upextracted, unreviewed |
Securitised debt and public filers
Filings (2001 to date) that name “Mounds Mall” and “Anderson” (27 hits, first 27 sampled, 4 other filers such as tenants left out). No commercial-mortgage trust names this mall in the sample, which does not rule out a securitised loan. Text matches, not a title search. Open the search · all trusts.
| Kind | Filer | Filings | Dates | Forms |
|---|---|---|---|---|
| Public owner (strong) | SIMON PROPERTY GROUP INC /DE/ (SPG, SPG-PJ) | 10 | 2002-05-17 to 2004-03-15 | 8-K 6, 10-K 4 |
| Public owner (strong) | SIMON PROPERTY GROUP L P /DE/ | 10 | 2001-03-30 to 2006-03-16 | 10-K 10 |
Site context
| Transit within 800 m | no rail station; 2 bus stops within 400 mOpenStreetMap |
|---|---|
| FEMA flood zone | X · AREA OF MINIMAL FLOOD HAZARDFEMA NFHL |
| EPA-regulated facilities within 500 m | 3: MOUNDS SHELL & CAR WASH; SCHEID TIRE CTR; SEARS 2140EPA FRS |
| Census tract 18095001000 | 2,876 people, 1,729 per sq mi; median household income $36,701; median gross rent $797; 60% renters; 23.2% vacant units; 3.6% commute by transitACS 2023 5-year |
| Walkability (EPA, block group) | index 11.5 of 20; 94 intersections per sq mi; no transit stop within the EPA search radius; land-use mix 0.89; 25,860 jobs within 45 min by car; 19% of households without a carEPA Smart Location |
| Within a 10–15 minute walk (800 m) | 3 of 6 daily needs: 0 grocers, 0 schools, 1 parks or playgrounds, 0 health, 1 civic, 2 food and drink; 2 cycleway segments, 0 sidewalk-tagged segmentsOpenStreetMap |
| Opportunity Zone | yes, tract 18095001000 (rural)HUD |
| Housing permits, Madison County (IN), 2024 | 0 units in 5+ unit buildings, 0 in 2–4, 186 single-family; 2023: 0 in 5+Census BPS |
| Social vulnerability (CDC SVI 2022, tract) | overall percentile 0.86; socioeconomic 0.88; housing and transport 0.83; 42% below 150% of poverty; 10% of households with no vehicleCDC/ATSDR |
| Overture Maps | place Mounds Mall (shopping_mall, confidence 0.65, from BrightQuery, Overture, Overture-signals); building footprint 26,824 m², 5.188403129577637 mOverture (CDLA-Permissive 2.0) |
| Attention: Wikipedia page views | 30,403 since 2015; 2,967 in the last 12 months (-8% vs the prior 12); peak 2018-03 with 1,076Wikimedia |
| Tract change 2013–2023 | population -1% (2,906 → 2,876); median income +94% ($18,968 → $36,701); renters 50% → 60%; median home value +153% ($32,800 → $83,100)Census ACS 5-year |
| Natural hazard risk (FEMA National Risk Index, tract) | relatively low overall (score 34.5); expected annual loss $906,004; community resilience relatively moderateFEMA NRI |
| Tax-credit housing within 1 km | 1 LIHTC properties, 37 units: Anderson Homes/Asbury Glen (37 units)HUD LIHTC |
| Retail trade in the county, 2025 (BLS QCEW) | 4,543 jobs in 343 establishments; average annual pay $33,101; employment location quotient 1.14; employment +0.9% on the yearBLS QCEW 2025, NAICS 44-45, private |
| Jobs located in the tract, 2022 | 964 jobs; 202 in retail trade, 302 in accommodation and food (workplace blocks summed to tract 18095001000)Census LEHD LODES8 WAC 2022 |
| Upward mobility (Opportunity Atlas, 2010 tract) | children of low-income (25th percentile) families reached the 33th income percentile as adults; 3.3% incarcerated at the 2010 count (569 children in the sample); born 1978–83, measured 2014–15Opportunity Insights |
| Food access (USDA FARA 2019, 2010 tract) | low-income, low-access tract (1 mile urban / 10 miles rural); 62% of residents more than 1 mile from a supermarket; poverty rate 24.4%; median family income $41,233; 385 SNAP householdsUSDA ERS |
| Schools | Anderson Community School Corporation (PK-12); 0 public schools within 1 mileNCES EDGE |
| Elevation | 867 ft above sea level at the site pointUSGS 3DEP |
| Storm events in the county, 2016-2025 | 115 county-logged events: 63 thunderstorm wind, 39 hail, 8 tornado, 3 flood; $6,211,500 property damage reported; forecast-zone events (most flood, winter and heat) not countedNOAA Storm Events |
| Homes for sale in ZIP 46016, 2026-09 | median list price $105,000 (+10.6% on the year); 94 active listings; median 67 days on market; 25% with a price cutRealtor.com Research |
| Retail trade in the county, 2012 to 2023 | 343 establishments (-1%); 4,664 jobs (-5%)Census CBP |
| Housing market in the county | typical home value $187,876 (+3% 1 yr, +34% 5 yr); typical rent $1,113/mo (+2% 1 yr), 2026-09Zillow Research |
| House price index, tract, 2022 | 182 (2000 = 100)FHFA |
| Traffic on the busiest road within 600 m (2024) | 24,073 vehicles a day on SR 9 (principal arterial, 4 lanes); 500 trucks; 38 counted segmentsFHWA HPMS |
Summary, model-written
Mounds Mall opened in 1965 as one of the first enclosed malls developed by Melvin Simon & Associates, with original anchors H. P. Wasson, Montgomery Ward, and JCPenney. Over time the Wasson store became Meis, Elder-Beerman and Carson's, Montgomery Ward turned into Sears, and JCPenney was demolished and rebuilt as a movie theater. The mall closed in April 2018, Carson's closed the same year, the theater closed in 2019, and the property was boarded up by 2021.
Why. The primary causes visible in the record are the loss of anchor tenants—Sears closed in 2012 and Carson's in 2018—and the demolition of the JCPenney building for a theater. No explicit mention of debt, broader competition, or other demolition is provided.
Where it stands. The mall remains closed and boarded up as of 2021, with no owner indicated in the record.
For a planner
- Precedent: early Simon Property Group mall illustrating lifecycle of early enclosed centers.
- Policy tools: none stated in the record.
- Open questions: current ownership, zoning designation, and potential reuse pathways.
For a developer
- Site size: not stated in the record.
- Control/ownership: unknown; no owner or deal information provided.
- Entitlement stage: not described; no permits or approvals mentioned.
- Context constraints: flood risk, transit access, and environmental conditions are not recorded.
- Market signals: tract‑level data (demographics, income, retail demand) are absent.
What we do not know yet
- Current owner or controlling entity is not recorded.
- Exact parcel size and land‑use zoning are missing.
- Environmental constraints (floodplain, wetlands, contamination) are not provided.
- Transit proximity and access infrastructure details are absent.
- Market‑area demographics and retail demand data are not included.
- The record is marked as “draft” verification, indicating possible unreviewed or model‑extracted information.
Generated by nvidia/nemotron-3-super-120b-a12b on NVIDIA API via Hermes CT from the fields, parcels, deals and context layers on this page, with no outside knowledge. It is regenerated when the record changes and has not been checked by a person. How it is made.
Similar sites
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- Mall 205, Portland, OR · Malls · opened 1970; closed 2022
- New Harbour Mall, Fall River, MA · Malls · opened 1971; closed 2016
Elsewhere on the web
Retail history: Mounds Mall on DeadMalls.com photos, field notes and visitor memories since 2000; matched by name and city; nothing copied here
Pages with photos
- What’s the Future of Mounds Mall in Anderson? – Inside INdiana Business insideindianabusiness.com
- Carsons at Mounds Mall commons.wikimedia.org
- Mounds Mall Anderson IN | Mounds Mall opened its doors in 19… | Flickr flickr.com
- Abandoned Mounds Mall - Anderson, IN youtube.com
- next i went to anderson's mall, mounds mall (i'm sure the native ... toddicus.com
- Mounds Mall (Anderson) Essent… trek.zone
- Mounds Mall Movie Theater Cinema In Maple Grove Deals Up To 70% Off fity.club
- Mounds Mall - Anderson, IN foursquare.com
Search images: Google · Bing · Commons · references: ULI case studies · Google Scholar
Multifamily screen
- closed or demolished site (sourced)
Inputs: record fields (size, status) and county Census ACS 2018–2023 figures (growth, rent). How the points work. Not a recommendation.
History and original facts
| Opened | 1965Wikidata |
|---|---|
| Closed | 2018extracted, unreviewed |
| Original developer | Melvin Simon & Associatesextracted, unreviewed documentedMounds Mall was developed by Melvin Simon & Associates (now Simon Property Group). |
| Anchors | JCPenney, Elder-Beerman, Montgomery Ward, H. P. Wasson and Company |
| County | Madison County |
| Census division | 3 · East North Central |
| Notes | Wikipedia categories: Abandoned shopping malls in the United States |
Not yet recorded: acres, GLA, retrofit year. Know it? Tell us.
Background
Mounds Mall was an enclosed shopping mall in Anderson, Indiana, United States. Opened in stages between 1964 and 1965, it was one of the first enclosed malls developed by Melvin Simon & Associates, now known as Simon Property Group. The mall's original anchor stores were H. P. Wasson and Company, Montgomery Ward, and JCPenney; over time, the Wasson store became Meis, Elder-Beerman, and Carson's, while Montgomery Ward became Sears and JCPenney was torn down and rebuilt as a movie theater. After a period of decline, Mounds Mall closed to the public in April 2018. The movie theater closed a year later, leaving no businesses in the building.
Excerpt from Wikipedia (authors and history), CC BY-SA 4.0. May be older than the record above.
Timeline
- 1965 Opened (Wikidata)
- 1965 Mall officially opened
- 1983 Montgomery Ward became Sears
- 1989 Meis rebranded to Elder-Beerman
- 2011 Elder-Beerman became Carson's
- 2012 Sears closed
- 2018 Mall closed
- 2018 Carson's store closed
- 2021 Property boarded up
Sources
- Wikipedia: Mounds Mall · supports: after notes, original developer, status, year closed
13 quoted sentences
The mall closed on April 1, 2018.
Mounds Mall was developed by Melvin Simon & Associates (now Simon Property Group).
By 2021, the whole property had been boarded up.
After a period of decline, Mounds Mall closed to the public in April 2018.
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