Sought-after property sells for $9.85 million
GREENFIELD — A standing-room-only crowd turned out for the auction of 1,091 acres of farmland and industrial property on March 4, and at the end of the highly competitive bidding, the property had sold for $9.85 million, according to a news release from Schrader Real Estate and Auction Co.
The auction attracted 59 registered bidders to Adaggios Banquet Hall and Conference Center, and 10 emerged as successful buyers of tracts. Elanco Animal Health owned the land, which is located south of U.S. 40 near Meridian Road.
About half the buyers were farmers seeking cropland, according to the release. Also selling were wooded tracts and others with commercial buildings.
Developer after more land
MT. COMFORT — Indianapolis-based Ambrose Property Group is seeking a rezoning from the Hancock County Area Plan Commission of about 150 acres from agricultural to industrial business park on the southeast corner of County Roads 400W and 300N.
When asked for details, the company did not provide specific plans but told the Daily Reporter in an email that it has “a long-term vision” for the Mt. Comfort Corridor.
Not far from the area for the proposed rezoning, Ambrose Property Group is developing a 660,384-square-foot building where Amazon will operate an e-commerce, fulfillment and distribution facility at 4498 W. County Road 300N. Ambrose also plans to develop three other large buildings on speculation at that location.
The plan commission is scheduled consider the rezoning at 6:30 p.m. Tuesday, March 24 at 111 American Legion Place, Greenfield.
New Pal businesses team up amid road closure
NEW PALESTINE — Several businesses have teamed up to encourage consumers to continue patronizing their goods and services as a bridge replacement constricts traffic in the area.
The Indiana Department of Transportation announced it will close part of U.S. 52 to replace the bridge over West Little Sugar Creek. The highway will be closed in both directions between County Roads 600W and 550W for about 120 days.
The business group, called #NewPalOpen4Biz, will post updates on its Facebook page, “Newpalopen4biz.”
Bank offering community shred days
HANCOCK COUNTY — Greenfield Banking Co. is offering community shred days at its branches throughout the year.
Free, on-site shredding is available 9 a.m. to noon April 11 at 51 N. Meridian Road, Greenfield; May 16 at 111 W. Broadway, Fortville; June 6 at 12140 E. Washington St., Cumberland; June 13 at 7363 N. County Road 600W, McCordsville; Sept. 19 at 5783 W. U.S. 52, New Palestine; and Oct. 17 at 1920 N. State St., Greenfield.
The sites will accept paper products only. People should limit materials to a maximum of three tall kitchen trash bags (13 gallons).
