Auction Information
SHENANDOAH INSTA-GRO CLOSEOUT PUBLIC AUCTION
Ben Higgins Realty & Auction Co., LLC
SHENANDOAH FINANCIAL SERVICES
CORPORATION AND INSTA-GRO MANUFACTURING INC. LIQUID PLANT FOOD COMPANY CLOSEOUT PUBLIC AUCTION
16.2 +/- ACRES OF REAL ESTATE W/ HOME, OFFICE, POLE BARNS, FARMLAND ACRES- TULLY TWP. -E. MARION CO.-1 PARCEL
FRIDAY AUG. 21, 2026 @ 1:00 PM
Located
at Company Headquarters @ 8217 Linn-Hipsher Rd. Caledonia, Oh 43314. Signs off SR 309, 4 mi. E.
of Caledonia, 4 mi. W. of Iberia, 11 mi. w. of Galion, 45 mi. N. of Columbus.
Selling after
many years serving the agriculture industry with liquid plant food products throughout
the US & Canada.
Auction
Order: Real Estate
sells first @ 1pm. Followed by intangible asset package, then to balance of
assets.
Loading: Available day of sale only. Items
must be removed by 5pm-Mon. Aug. 17.
COMMERICAL
REAL ESTATE (SELLS FIRST!): Parcel #360210001102: 16.21+/- total acres consisting of
historical 1 room brick school house converted to 1 story home (2,024+/- sq.
ft.) containing 3 rooms, full bath, 1 bedroom, office, loft area, living room,
elect. heat, home has lots of potential for residence with good hilltop views,
but home will require some repairs. Over 18,000+/- sq. ft. in structures to
include 68 x 168 pole barn with offices, sales meeting room, shop &
warehousing sections, laboratory, product manufacturing areas, upstairs former efficiency
apt.; upstairs storage areas, heated office & lab, stainless mixing tank,
(2) 10,000 gal. upright steel inside storage tanks w/ plumbing & concrete
containments, outside bulk upright storage tanks with 345,000 gal. total
storage being (9) 30,000 gal. steel tanks, (2) 30,000 gal. fiberglass tanks,
(1) 15,000 gal. steel tank, all contained in chain link fencing with dike. 66
x 168 scale house w/ 120,000 lb. Cap. drive on scale, vintage 40 x 50 barn
w/ concrete and 18 x 50 lean-to. Good ingress/egress, large outside areas
with gravel for semi-parking and equip. movement. Buildings & home rest on
approx. 4.39 acres, approx. 11+/- acres tillable/pasture land. Taxes are
$7,336.90 per yr. This is very scenic slightly rolling rural setting with many
possibilities and potential uses. To schedule a private tour please call our
office!
TERMS & CONDITIONS: The
successful bidder will be required to enter into a purchase contract at the
conclusion of the auction. Minimum
starting bid of $262,720.00 subject
to court approval. We will require $20,000 down (non-refundable) due
at the conclusion of the auction with the balance due in 45 days. Your bidding
is not conditional upon financing, inspections or appraisals. Be sure you have
arranged financing, if needed, and are capable of paying certified funds at
closing. Assignments of any purchase contracts are conditional on the bidder
remaining jointly liable on the contract with the assignee. Taxes pro-rated to
closing date. Property selling subject to all legal highways, easements,
restrictions, agreements and rights-of-way of record, and any lease, grant,
exception, or reservation of coal, oil, gas and other mineral rights and
interests previously transferred or reserved of record, if any. New surveys will
be paid by sellers if needed. The purchaser will be responsible for the cost of
title insurance or other type of title evidence if the purchaser(s) elect to
acquire such title insurance/title evidence. Acreages and frontages are subject
to final survey if applicable.
DISCLAIMER: Information contained in this brochure and
all related materials is based upon information available at time of listing
and are believed to be accurate, but is subject to verifications by all parties
relying on it. No liability for its accuracy, errors or omissions is assumed by
the sellers or Auction Company. Parcel acreage, dimensions, aerial photos and
boundaries are approx. and are taken from County records. The potential Buyers
hereby stipulate and agree that they have examined the property. Relying solely
upon such examination with reference to conditions, Buyers agree to take such
property AS IS without any expressed or implied warranties by Seller or
Sellers agent. Any inspections desired by the Buyer shall be prior to the
auction at Buyers expense.
INSTA-GRO
INTANGIBLE ASSET PACKAGE: All of Sellers right, title, and interest in the following
items: Corporate name & logo; List of products; Product formulations,
ingredients, & process; Trademarks; Copyrights; Product catalog; Customer
list w/ prior purchase history; List of Vendors
SEMI
BULK TANKS-SKID LOADER-FORK TRUCK: 94 Volvo day cab, N14 Cumm. eng., Rockwell 10 spd. trans., tmu
mi., ran in 2018; 01 Tremcar 6000 gal., steel, 3 comp. tank trl.; 91 SFI 7200
gal. S.S., 3 comp. tank trl.; 69 Heil 6300 gal. S.S., 3 comp. tank trl; Bobcat
753 skid steer, good tires, frt. hyd., 66 mat. bkt.; 36 q.t. pallet forks; 2
prong q.t. bale spear; Hutchinson 12 x 10 port elect. auger w/ hopper & dolly
wheel; Hutchinson 30 x 10 TD Plus elect. stationary auger (both augers used
inside for Urea); 7 Bush Hog 3pt. rotary mower; Yale GL50 9000# forklift, LP,
solid tires, 3 stage mast, 8,859 hrs., all of the above are in as-is found
cond.
VERT.
POLY TANKS-CAGE SHUTTLES-RELATED ITEMS: 9,000 gal. white poly tank (28%); 5,000 gal. blue
poly tank; (2) 2,500 gal. blue poly tanks; (3) 1,550 white poly tanks (all poly
tanks used inside) 25+ 250 gal. cage shuttles; Uline 5,000 lb., 4 x 4 low
profile floor scale, LED display; 30 gal. poly inductor w/ 2 trash pump; 4,400
lb. pallet jack; Uline banding mach.; Murray 201-6 product pump; (4) chem. resistant
safety suits; roll of 3 blk. chem. hose; sev. 2 & 3 product hoses w/
camlocks; (2) 250 gal. skid fuel tanks, 1 w/ Gasboy meter pump; lots of
plumbing camlocks, valves, fittings, meters; (5) trash pumps for parts
SHOP
TOOLS-CRAFTS. RIDING MOWERS: Snap-On 10 dr. bench top tool chest.; LB White mod. 346K-4
propane heater; stack-on-stack tool chest; Rigid pipe vice; Toledo power
threader; Rigid hand pipe threader w/ dies; Lincoln AC 225 arc welder; Stihl MS
180C chain saw; (2) 40-hole metal hardware bins w/ hardware; air hose reel;
Columbia vise; (2) 4 dr. hardware cabs.; rolling shop cart; 10 table saw;
Crafts. elect. power washer; 80 gal. vert., 2 stage, 5hp., air compressor; Grizzley
floor mod. drill press; 21 pc. 1 drive socket set; DeWalt 14 chop saw;
acetylene torch outfit; pipe wrenches, 48 to 24; 4 dr. tool chest; misc. hand
& power tools; log chains; binders; ratchet straps; The following is
consigned by employee: (5) riding lawn mowers being Crafts. YT 4000 24hp., 46,
1,132 hrs.; Cub Cadet models (3) 2146 & (1) 2135, 38 decks, 252-700 hrs.;
Generac w/ 8 hp. Briggs & Stratton gas eng.; Yard Mach. 21 push mower;
Rigid shop-vac; sm. work bench
OFFICE
EQUIP.-COLLECTIBLES-CO SIGNS: Konica Minota bizhub C224e printer/copier; Ricoh Super G3
copier; 2 pc. matching office desk & credenza; Whirlpool 14 cu. ft.
refrig.; microwave; Innovative Products Mfg. Inc. vint. coffee bean commercial
dispenser; 44 x 82 wood office desk & credenza used by Alan Farrow; (3)
vertical file cabs.; (3) 4 dr. file cabs.; Aeon port. in-house AC; (3)
flatscreen TVs; (4) 8 folding tables; (2) open bookcases; Werner 12 fiber
glass step ladder; (30) stacking upholstered chairs; camel back trunk; cedar
chest; C.I. 4 burner laundry stove; 70s gaudy lamps; ant. fireplace mantel 63
w/ pillars; Lg. C.I. butcher kettle (planter); new Franklin Livestock tattoo
kit; ant. oak preachers podium; treated wood picnic table; 1985 News Life
articles featuring Alan Farrow (framed); orig. Insta-Plant food adv. (framed);
(2) 48 x 36 Insta-Gro field operations signs; Insta-Gro alum. sign;
Glen-Allan Farm sign; lots of sales literature, banners, etc.; newer product
show sign w/ case; other sales supplies
LAB
& TESTING EQUIP.: Ohrus Pioneer balancers; Thermo Scientific Genesys 20 Spectro photo
meter; Nuova stir plate; Vint. Labconco Lab apparatus; Specific Gravity scales;
lots of glass bottles, beakers, test tubes, pipets etc.
**BEING SOLD PER THE TERMS OF COURT
ORDER IN MARION COUNTY COMMON PLEAS CASE NO.2024 CV 0250
Owner DBA: Shenandoah/
Insta Gro
BEN HIGGINS REALTY & AUCTION CO.,
LLC.
Ben A. Higgins Broker &
Auctioneer
Ben F., Brad, & Benjamin N.
Higgins, Real Estate Agents & Auctioneers
Dan Lessig, Auctioneer
740-387-5111/www.higginsauctions.com
Terms: Cash, Check, Visa, Mastercard, Discover w/ 4%
convenience fee. Convenience fee waived for cash/check. Statements made day of
sale take precedence over written material.
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