BANKRUPTCY AUCTION: New Market Grain Storage / Elevator Facility June 29 • New Market, Indiana
Details
108 North Second Street
New Market, IN 47965
Inspections
Wednesday, June 7: 10 am to 2 pm
Wednesday, June 28: 10 am to 5 pm
Other times by Appointment.
Bid Deadline
Thursday, June 29 10:00 am (EST)
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Details
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 5: New Market
354,254 Bu. Capacity on 2.95 Acres
PARCEL NUMBERS: 54-10-31-333-013.000-031 (2.65 Acres) & 54-10-31-333-012.000-031 (.30 Acres)
TAXES: $2,012.48
ZONING: None
UTILITIES: Electric LP Gas Private Well & Septic
FRONTAGE: Third Street
BUILDINGS:
676 sq. ft. Office/Scale Building
6,932 sq. ft. Warehouse/101,141 Bu. Grain Storage Building (58.8 ft. x 118.5 ft.)
2,652 sq. ft. Storage Building (80 ft. x 44 ft.)
EQUIPMENT:
2-Grain Legs with Distribution Pipes, Augers, Grain Dryer
1-26 ft. diameter x 40 ft. high 5-Ring 18,472 Bu. Bin
1-26 ft. diameter x 32 ft. high 5-Ring 16,625 Bu. Cone Bottom Bin
2-60 ft. diameter x 40 ft. high 15-Ring Bins, 109,008 Bu. Each
All Bins have Temp. Cables
60' x 10' Winslow Pit type Truck Scale, 120,000 lb capacity, model: Type S Mechanical, IQ 310.
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 (BANKRUPTCY AUCTION: Scotts Prairie Grain Storage / Elevator Facility
June 29 • Hillsboro, Indiana)
New Winchester Elevator: 6980 W US Hwy 36, Danville (BANKRUPTCY AUCTION: New Winchester Grain Storage / Elevator Facility
June 29 • Danville, Indiana)
Kingman Elevator: 188 W State Rd 234, Kingman (BANKRUPTCY AUCTION: Kingman Grain Storage / Elevator Facility
June 29 • Kingman, Indiana)
New Market Elevator: 108 N Second St, New Market (BANKRUPTCY AUCTION: New Market Grain Storage / Elevator Facility
June 29 • New Market, Indiana)
6% Buyers 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.
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.
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.
Re: BANKRUPTCY AUCTION: New Market Grain Storage / Elevator Facility June 29 • New Market, Indiana
108 North Second Street
New Market, IN 47965
To Whom It May Concern: Pursuant to your request, please sign and date this release to receive documents relating to the above noted property. The Seller did not prepare these documents and has no knowledge of their accuracy or completeness. None of the documents shall constitute a representation or warranty of any kind by Seller as to the accuracy or completeness of any information delivered. Accordingly, Seller expressly disclaims any responsibility therefor, including any consequences of any reliance by anyone on them. Please note that the documents and the information contained therein are confidential, and by acknowledging receipt, you agree to keep such information confidential and that you shall not, without the prior written consent of Seller, share any of the documents with anyone other than Potential Buyer and representatives of Potential Buyer who need such information for the purpose of evaluating the premises and who are informed of the confidential nature of the information and also agree to be bound by the terms of this confidentiality provision. By this acknowledgement, you further agree that you will return to me the originals and any copies of the materials forthwith upon demand if the contemplated transaction is not consummated. Please do not hesitate to contact our office with any questions you may have.
