Time passed this town a long time ago.
I booked this hotel as a last resort for the Indy 500. The building is old and dingy. The rooms were 80% clean and the AC worked. There were no bedbugs. The doorway to one of our rooms was shattered all busted and glued back together it was apparent that it had been previously kicked in. The hallways were disgusting and dirty and there was garbage in the stairway for our entire stay. The town is definitely scary. 70% of the town is boarded up and completely abandoned, The local mall, many restaurants all shells of their former selves. When the sun goes down you better be locked in your room. We checked out around midnight to get a headstart home and witnessed someone prying a window open on a first floor room. 
In short if there are no other options, This place works. I would look for something else however.