Please call our office for a bidder packet to submit your sealed bid. (574) 825-0704
The sealed bid will include: - the hardware store and all inventory - the rental company and all inventory - the real estate on Highway 80 Buyers will have the option to submit bids with whatever package they desire, including: - just the rental company - just the hardware and the real estate - just the hardware and leasing the real estate with option to buy
Sealed bid auctions are an effective method often used for selling specialty assets that have a high degree of complexity. In a sealed bid auction, buyers are given a specific timeframe within which they can submit their highest and best bid. Unlike traditional auctions where multiple rounds of bidding occur, sealed bid auctions allow only one bid per buyer. Once the bidding period closes, the seller reviews all submitted bids and selects the highest and best offer. The winner is then awarded the asset.
In a sealed bid auction, each buyer has only one chance to submit their best bid. The terms of the auction dictate the process, and for Bright Star Auctions, each buyer gets one opportunity to present their highest offer. This means that buyers must be strategic and confident in their valuation of the asset to maximize their chances of winning.
Rarely does a vacant tract come to market this far down the development runway. The current owner engaged a full engineering and survey team to design, permit, and prepare a 20-unit multifamily development on this ±2.56-acre Franklin, Kentucky tract — but construction was never started. The buyer inherits a substantial head start: approved civil plans, an active stormwater discharge permit, a signed stormwater maintenance agreement with the city, and a filed development plan application. Whether a buyer proceeds with the existing multifamily concept or pursues an alternate plan for the R-3 zoned ground, the engineering, survey, and permitting legwork is already done. Live auction with online bidding.
The Late Barbara Atwill Estate Live Auction featuring real estate (2-bedroom, 1.5-bath move-in ready home on a corner lot with storm shelter and carport), 2017 Ford Escape SUV (black, 82,000 miles), an 8x12 portable building, stainless Whirlpool refrigerator, chest freezer, washer/dryer, furniture, 65" flat-screen TV, tools, yard equipment, glassware, household items and more. Live auction takes place Thursday, August 27, 2026 @ 6:00 PM CT.
Larry’s Body Shop retirement auction featuring 1.33 acres of improved real estate with 3 versatile shop buildings offering outstanding space for automotive, mechanical, storage, or other commercial uses. The main 24' x 80' shop features office space, three work bays, and a dedicated wash bay. Additional improvements include a 28' x 38' storage building and a 28' x 36' tall shop with a 12-foot ceiling and oversized door. Also selling a wide variety of equipment and personal property, including frame racks, automotive lift, carts, jacks, air compressor, Matco and Snap-on hand tools, diagnostic tools, office desks, chairs, copiers, and additional office equipment. And there’s plenty more to sell, including wheels, automotive parts, Christmas decorations, miscellaneous shop items, an old Bonneville Theatre bench, and much more.
