Auction Information

Commercial Real Estate Auction 4.09 Acres,

Fri Aug 14 - 12:00PM


7874 State Road 28, Elwood, IN Click to Map


Burgess Auctions LLC

Auctioneer ID#: 2051

Phone: 765-445-7814

License: AU19600029

Commercial Real Estate Auction — 4.09± Acres, Two Buildings — Elwood, Tipton County Indiana


Burgess Auctions and J. Snider Real Estate present a commercial property auction on a high-traffic stretch of State Road 28 in Tipton County. The 4.09± acre site includes a ~6,920 sq. ft. warehouse with drive-in doors and a ~1,200 sq. ft. climate-controlled office/flex building. Seller Bill Coots will have the property fully emptied prior to closing. Newer roofs, flexible Commercial General zoning, and included billboard income make this a strong fit for fleet, trade, and logistics-based businesses.


      Buildings — ~6,920 sq. ft. warehouse with two large drive-in doors, office space, and loft storage; ~1,200 sq. ft. climate-controlled office/flex building

      Land — 4.09± acres with large paved lot and highway frontage on SR 28

      Condition — newer roofs (approx. 2 years old) on both structures

      Zoning — Commercial General (Tipton County), flexible for contracting, logistics, fabrication, retail, or light manufacturing

      Income — active billboard rights included in the sale

Terms & Conditions

Online bidding opens Wednesday, August 12, 2026 at 12:00 PM. Live auction Friday, August 14, 2026 at 12:00 PM on-site at 7874 E State Road 28, Elwood, IN 46036.

10% buyer's premium. $10,000 non-refundable down payment due day of auction, payable to Fidelity National Title. No financing contingencies; property sells as-is, where-is. Closing within 30 days of Seller's Confirmation, on or before September 16, 2026.

Conducted in partnership with Jason Snider, J. Snider Real Estate, RB14045952. Questions: 765-445-7814.

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