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Auction Information
Auctioneer Key Auctioneers 855-353-1100
Auction Date Oct 20 Auction
654 W. Morrison Street
Frankfort, IN
Time 10:00AM
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Auction Listing
AuctionZip Auctioneer ID# 11453

ABSOLUTE AUCTION of a 7,476 TSF manufacturing facility on 0.25 AC. This versatile building is zoned I-1 open industrial. Great warehouse storage space on both levels and also selling metal manufacturing equipment and fork truck!

This property will be sold regardless of the high bid price! Broker participation is invited!

Address654 W. Morrison Street, Frankfort, IN 46041
ZoningI-1 Open Industrial
Parcel Number12-10-10-134-013.000-021 | 12-10-10-134-012.000-021
SellerMartin L. Mathews
Lot Size0.25 AC
Frontage Area56′ along Morrison
Building Size7,476 TSF | 3,450 each level of two-story building; 576 one-story section
Construction TypeConcrete block
Roof TypeDomed with membrane covering
Clear Ceiling Height 
ParkingStreet/Alley/Rear of building
Assessed Tax Value$38,500
Annual Taxes$1,228.96 + $135.00 = $1,363.96 for both parcels
Other Pertinent DataPortion of upper level finished as an apartment for additional rental income
Required Down Payment$5,000 cashier’s check day of auction; bring to 10% within 3 business days
Closing TimeWithin 30 days
Tax AdministrationPro-rated to date of closing

For more information, contact
Veronica Hughes
(317) 353-1100 (Office)
(317) 430-6169 (Cell)

Key Terms
10% buyers premium will be collected
Licenses: AC30900124 & AH21200016; Seth D. Seaton (AU10900115)
Seller: Martin L. Mathews

Auctioneer License Information: AC30400094

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