Update: Wells auction delayed

April 4, 2008
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Payton WellsBrokerage firm Colliers Turley Martin Tucker has delayed an auction of three parcels near Meridian and 16th streets that previously housed the Payton Wells car dealership. Auctioneer Bob Getts said the delay is to take care of a couple of liens and ensure buyers get a clean title. No new date has been set for the auction, which originally was scheduled for April 3. The dealership closed in early 2007. Getts said several potential buyers have expressed interest in the properties. The original post is here.
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  • thundermuttApril 4, 2008 6:07 PM
    Hmm.

    I wonder what happens if you try to hold an auction and no one shows up to bid?

    Delay it?
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  • GregApril 6, 2008 11:50 AM
    Oh, I hope that's not what happened. I have to stare at these lots all day. I want something I can walk to in there.

    I'm not quite sure where the auction was going to be held. Was it on the actual properties?

    Is there a new date for the auction? Or will that be decided once the liens are taken care of.
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  • AvramApril 7, 2008 2:12 PM
    I already bought it.....it was right under my nose, and I was not going to lose it to anyone else.....the new owner works less than a half a mile from this site...and is a natural to complete it properly.
    Reply to CommentFlag Comment

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  1. Saw the Indy Men's Chorus "Music of Gilbert & Sullivan" at the Indiana Historical Society on Sunday evening.

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