Thursday, June 29 10:00 am
10543 County Road 875 East
Ladoga, IN 47954

Inspections

Wednesday, June 7: 10 am to 2 pm
Wednesday, June 28: 10 am to 5 pm
Other times by Appointment.


Brochure


Description

5 Grain Storage / Elevator Facilities in Indiana Selling Separately

Great Opportunity to Purchase Five Established Elevators with a Base of over 1650 Customers!
$3 Million Plus in Recent Upgrades
Strategically Located Between Two Ethanol Plants

Property 2: Ladoga
719,275± Bu. Capacity on 1.15± Acres

PARCEL NUMBER: 54-16-27-400-013.001-007

TAXES: $6,152.81

ZONING: None

UTILITIES: Electric • LP Gas • No Water/Septic

FRONTAGE: 200.2 Ft. County Road 875 East

BUILDINGS: N/A

EQUIPMENT:
1-2014-SUPERIOR 104.8 ft. diameter x 88 ft. high 24-Ring 719,275 Bu. Bin with Temp. Cables/Fan Control
1-2014- LAMBTON 140 ft. Grain Leg 12,000 Bu./Hr. Capacity
1-2014- LAMBTON 82 ft. Overhead Drag Conveyor


Auction will be held at Hampton Inn & Suites, 2895 Gandhi DR, Crawfordsville, IN 47933
Also Selling June 29:
Scott's Prairie Elevator: 2335 E State Rd 32, Hillsboro
New Winchester Elevator: 6980 W US Hwy 36, Danville
Kingman Elevator: 188 W State Rd 234, Kingman
New Market Elevator: 108 N Second St, New Market


Broker Participation

Broker Participation is welcome but not required. A 1% commission will be paid to the licensed broker who, prior to their client applying for onsite/online bidding privileges, registers the bidder who pays for and settles for the real estate. A broker buying on his/her behalf, a family member, or on behalf of any business entity in which he/she hold an interest, is not entitled to a commission.


Payment Information

6% Buyer’s Premium. Successful bidders will deposit 20% of the purchase price in escrow within 24 hours of the sale. The Deposit money of a Successful Bidder shall become Earnest Money, will be applied to the Purchase Price at Closing, and is non-refundable. Attorney Jeff Hester, Hester Baker Krebs LLC is overseeing the closing. Stewart Title is the escrow agent.

Full Terms

Selling AS-IS, WHERE IS WITH NO WARRANTIES OR GUARANTIES EXPRESSED OR IMPLIED. See Bidder Kit for complete terms.

In all transactions, Auctioneer is acting as an Agent for the Seller. Buyers are urged to inspect items prior to purchase. Seller and Auctioneer are not responsible for items. All information received from reliable sources believed to be correct but not guaranteed by the Auction Company. Any announcement made at the auction takes precedence over any material published about this event. In the event of a dispute, Auctioneer has final decision. Valid Government Issued Photo ID required to obtain bidding number.

This auction is related to United States Bankruptcy Court, Southern District of Indiana, Terre Haute Division, Case No. 17-80004-JJG-11.

The equipment noted in the brochure for Properties 1 & 3 is selling independently of the real estate. Please review the specific terms for those lots.