Thursday, June 29 10:00 am
188 West State Route 234
Kingman, IN 47952


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



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 4: Kingman
484,319± Bu. Capacity on 1.28± Acres (Additional 1.787± acres Available*)
(GPS Address: 615 East State Street, Kingman, Indiana)

PARCEL NUMBER: 23-15-25-345-001.000-021 (1.28 Acres)

TAXES: $4,906.98

ZONING: Light Industrial

UTILITIES: Electric • Natural Gas • City Water/Sewer

FRONTAGE: 265’ Frontage on State Route 234

3,744 sq. ft. Quonset Style Office/Warehouse/Scale Building
1,700 sq. ft. Drive Under Canopy

2-Grain Legs with Distribution Pipes
2-KAN-SUN-Grain Dryers
3-GSI 27 ft. diameter x 18.70 ft. high 7-Ring Bins, 10,138 Bu. Each
1-GSI-17.5 ft. diameter x 18.70 ft. high 7-Ring, 4,059 Bu. Bin
1- GSI-24 ft. diameter x 18.70 ft. high 7-Ring, 7,880 Bu. Bin
4-GSI 36 ft. diameter 7-Ring Bins, 23,581 Bu. Each
3-GSI 42 ft. diameter x 38.90 ft. high 15-Ring Bins, 50,718 Bu. Each
2-GSI 47.8 ft. diameter x 58.70 ft. high 22-Ring Bins, 97,744 Bu. Each
All Bins have Temp. Cables
60' x 10' Winslow Pit type Truck Scale, 100,000 lb capacity, model: Type S Mechanical, Cardinal 220.

*(Additional 1.787± Acres Available- PARCEL NUMBER: 23-15-36-118-001.000-021 TAXES: $1,173.62)

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
Ladoga Elevator: 10543 S 875 E, Ladoga
New Winchester Elevator: 6980 W US Hwy 36, Danville
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


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.