Ted Pike, senior vice president of Indianapolis-based Key Auctioneers, works bidders Tuesday at the judicial sale of Greenfield's Frosty Mug drive-in. Tyner Pond Farm of Greenfield purchased the drive-in property and will maintain the history and spirit of the city icon while selling farm-to-table food and ice cream. (Jim Mayfield/Daily Reporter)
GREENFIELD — Though it might operate under a different name, the Frosty Mug, Greenfield’s long-standing drive-in, will not fade into history.
“It’s a local landmark, and we’re just excited to preserve that,” said Chris Baggott, owner of Tyner Pond Farm in Greenfield, which purchased the Frosty Mug site Tuesday.
Baggott was among more than two dozen bidders Tuesday who packed inside the small restaurant that made car hops and curb service part of the city’s summer landscape for decades. Up for sale was the property at 117 N. Apple St., an adjoining single-family residence and everything else on the property, including the kitchen sink.
The sale was scheduled after PNC Bank filed a foreclosure action in Hancock Circuit Court in March 2010 and obtained a final judgment of foreclosure in September of that year.
The notice of sheriff’s sale dated Nov. 26 reflected a total judgment amount of $213,408 to be satisfied by the sale.