Indy's Martin U, founded by Black Catholic priest, up for sale

Indy's Martin U, founded by Black Catholic priest, up for sale

The campus of the former Martin University in Indianapolis, Indiana’s only predominantly Black institution of higher learning, has hit the market for $3.5 million, roughly 10 million less than a recent tax valuation.The historic institution, cofounded by a Black Catholic priest—Benedictine monk Boniface Hardin—closed abruptly in late December after roughly a decade of financial crisis.“Declining enrollment, increasing costs and accumulated debt …