BANKRUPTCY AUCTION: New Winchester Grain Storage / Elevator Facility June 29 • Danville, Indiana

Details

6980 West US Hwy 36 
Danville, IN 46122

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

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Location

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



New Winchester is the Only Elevator in Hendricks County!



Property 3: New Winchester

969,402 Bu. Capacity on 4.88 Acres



PARCEL NUMBERS: 32-12-04-300-010.000-017 (3.17 Acres) & 32-12-04-365-002.017 (1.71 Acres)



TAXES $7,718.50



ZONING: Light Industrial



UTILITIES: Electric LP Gas Private Well & Septic



FRONTAGE: 250 ft. US Hwy 36 840 ft. North SR Hwy 75



BUILDINGS:

5,670 sq. ft. Concrete Block Office/Warehouse/Scale Building with/Tenant



EQUIPMENT:

5-Grain Legs with Distribution Pipes

4-Dumps, Drag Conveyors

2-20 ft. diameter x 70 ft. high 20,841 Bu. Each Cement Silos, 1-47.80 ft. diameter x 58.70 ft. high 22-Ring Bin,

97,744 bu. with Temp. Cables/Fan Control

1-71.80 ft. diameter x 51.30 ft. high 14-Ring, 199,064 Bu. Bin with Temp. Cables/Fan Control

1-12 ft. diameter x 25 ft. high 5-Ring Bin 2,691 Bu. Bin with Conical Bottom Mounted on Steel Legs

2-78 ft. diameter x 66 ft. high 14-Ring Bins, 298,723 Bu. Each with Temp. Cables/Fan Control

1-26.90 ft. diameter x 32 ft. high 9-Ring Bin, 16,657 Bu. with Temp. Cables/Fan Control

1-29.80 ft. diameter x 21.30 ft. high 9-Ring Bin, 14,118 Bu. Temp. Cables/Fan Control

2-Grain Dryers

2015 RICE LAKE-Survivor 70 x 10 Electronic Truck Scale with RICE LAKE ESP Scale Controller/Printer: Custom made to fit existing pit. 18.75'' profile, Steel Deck, 200,000 lb capacity, model 7010 OTR, s/n 69WR, IQ 355.

Remote Grain Probe



Leased Equipment

The Following Leased Equipment is excluded from the Real Estate Sale. The bank will consider negotiations with the buyer of the Real Estate.

2015-RICE LAKE-Survivor 70 ft. x 10 ft. Electronic Truck Scale S/N 2Z24R

with RICE LAKE ESP Scale Controller and Printer





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 Winchester Grain Storage / Elevator Facility June 29 • Danville, Indiana

6980 West US Hwy 36 
Danville, IN 46122

Thursday, June 29 10:00 am
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.