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(New Date) Aluminum Recycling Facility Real Estate Auction in Bedford, IN



Real Estate Inspection
by Appointment Only

Live & Online Auction

Monday, July 6th
1pm (ET)

Property Address: 4635 Peerless Road, Bedford, IN 47421

Recycling Services of Indiana (“RSI”), an aluminum recycling & processing facility that recently closed, October 2019.  At their peak, RSI ran 3 shifts and employed 38 full-time employees.
For questions please call/text Seth Seaton at (317) 450-6469
Donaldson Torrit Baghouse Filtration System Selling the Same Day at 2pm

Onsite Bidder Registration: We will be at the auction site 1 hour before the auction begins. To register to be a bidder, please bring your government issued photo ID and $10,000 deposit. You can bring an executed copy of the auction terms or will have copies there for you to review and sign. 

Online Bidder Registration: All auction bidders who want to participate via our online bidding platform must be registered and approved to bid by Key Auctioneers. All bidders will be subject to fulfilling the following requirements (same as onsite bidders) prior to being approved to bid. Bidders must execute the Auction Terms. You can do so by requesting a Docusign copy of the Auction Terms by emailing info@keyauctioneers.com with your name or executing the Auction Terms in the documents below and returning them to Seth Seaton at sseaton@keyauctioneers.com, along with a copy of a Government-issued Photo ID for the individual registering.  You will be required to remit the $10,000 down payment (in escrow() before you will be able to bid. Deposits will be returned within 2 hours of the auction ending if you were not the winning bidder.

Address:                     4635 Peerless Road, Bedford, Indiana 47421

Lot Size:                     23.832 +/- acres

Building Size:             56,580 +/- total square feet

Parcel No.:                 47-03-28-400-030.000-006

Assessed Value:        $506,000 (2019 pay 2020)

Property Taxes:          $8,463.74 (2018 pay 2019)

Zoning:                       No Lawrence Co. Zoning.  Property outside of Bedford City Limits.


*IDEM is currently investigating environmental contamination due to improper slag storage on property.  Owner will not be able to have slag cleaned up prior to transfer and buyer will take possession with property in “As-Is” condition.

General Auction Terms
Real Estate Auction
Required Down Payment: $10,000 cashier’s check on auction day, increased to 10% within 3 business days.
10% Buyer’s Premium

Licenses:  Seth Seaton: AU10900115      Auction Co: AC30900124
Seller: Recycling Services of Indiana, Inc.

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