I'm not sure what to call this building. Most recently, it functioned as Section 8 housing under the name Weyerbacher Terrace Apartments, though it was originally built as St. Vincent Hospital in 1913. St. Vincent Hospital operated out of this building until 1974 when it moved to its current location on 86th St, after which the building was converted to federally subsidized housing. When Weyerbacher Terrace was forcibly
closed in 2002, it fell into disuse and disrepair. It was subsequently sold by the US Department of Housing and Urban Development to the City of Indianapolis in 2004 for $10 and then to
Ivy Tech Community College in 2006 for $1. Ivy Tech planned to rehabilitate the building and convert it to classroms, though there is some
controversy over their current plans, as, due to technical difficulties with rehabbing the building to their desired use, they have instead
proposed to demolish the building and construct a new structure specifically for modern classrooms.
Here's how the building looks as of August 2008.
Someone posted quite a collection of photos of the interior of the building last year on flickr, so be sure to
check those out as well.