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The warrantee deed transferring title on the Hartford campus of the American School for the Deaf to the Hartford Fire Insurance Company was filed at the town clerk today. The deed revealed that Hartford Fire had paid $250,000 for the property.
The deed included land and buildings on Asylum Avenue, Garden Street, and Sumner Street.
The Hartford Fire Insurance Company and the American School for the Deaf agreed to the purchase and sale of this property on May 12, 1919.
Work would be underway by and school back in session on this site on September 24, 1919.
This transaction reveals the difference in land values between Hartford and West Hartford in 1919. Hartford Fire paid $25,000 per acre for the ASD campus, while the American School for the Deaf paid $300 per acre for its new location on Main Street in West Hartford. Add to that the difference in the cost of construction: Hartford Fire planned a new building for $1.5 million, which was three times what the school planned to spend on its new facility.
“Stamps on the deed indicate a consideration of $250,000.”
According to a 1917 atlas of Hartford, the American School for the Deaf property was one large parcel that had buildings on Asylum and Garden and then one, separate, much smaller but still contiguous parcel on Sumner Street.
Unattributed. “Architects confer on building plans.” Hartford Courant, September 25, 1919, page 13.
Unattributed. “Purchase of new Hartford Fire home involves $250,000.” Hartford Courant, July 18, 1919, page 18.
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