Will RM Auctions’ Auburn Fall collector car auction, scheduled for September 2-5 at the Auburn Auction Park in northeast Indiana, be the last such sale on the site that once housed Kruse’s annual Labor Day event?
KPCNews.com reports that negotiations are taking place for the sale of the site on the east side of Interstate 69 south of Auburn to be sold to J.T. Fisher Properties LLC by Auctions America Auburn Parks LLC, which purchased the property in 2011 from Kruse.
Fisher Properties head Joe Fisher told the newspaper he hopes to close on the property this month. He recently sold his business, Fisher Specialties, and has developed and shared plans to use the former auction site for a sports complex. Fisher, after selling Fisher Specialties, maker for kitchen cabinet and countertop for 31 years, told the newspaper he wasn’t ready yet for retirement.
Fisher’s plans, which were submitted recently for approval by the Auburn Plan Commission, include an indoor soccer field, 10 indoor basketball courts, 9 volleyball courts, 8 baseball fields, 4 outdoor soccer fields — which also can be used for lacrosse — and a splash park, as well as an area just across County Road 11-A for future commercial development.
The property includes more than 150 acres north of II-A (the current auction park) and another 52 to the south.
Fisher is confident enough in completing the sale that he told the local website he’s already booked basketball tournaments for the next two years.
“We are hoping it will be a big draw for Auburn,” he said. “If Auburn wasn’t already on the national map, we are hoping this will do it. I grew up here in DeKalb County. We see this as a vital need for the community.”
Kruse’s annual Labor Day collector car auction dates to the early 1970s. He sold the I-69 location in 2011, but retained ownership of another large site just across the interstate where he built a complex that includes car museums and event venues.
He subsequently sold that site to Worldwide Auctioneers, a company co-founded by his nephew, John Kruse. Worldwide stages collector car auctions at the site several times a year, including the Labor Day weekend.
Worldwide’s 14th annual Auburn fall auction is scheduled for September 3-4.
Auburn was the historical home of the Auburn Automobile Company and was where E.L. Cord had his headquarters for the Auburn, Cord and Duesenberg companies. It also is the site of the Auburn Cord Duesenberg Automobile and the National Auto & Truck (NATMUS) museums ,and each Labor Day weekend stages the Auburn Cord Duesenberg Festival.