Share “Unused NE Ind. auto museum sells for...”

Unused NE Ind. auto museum sells for nearly $1M

Associated Press Modified: September 3, 2012 at 12:30 pm •  Published: September 3, 2012
Advertisement

AUBURN, Ind. (AP) — A classic car collector has bought an unused auto museum in northeastern Indiana that was put up for sale under an agreement to keep open a neighboring military museum that faced foreclosure.

The building owned by the Dean Kruse Foundation in Auburn was sold during an auction Sunday for $995,000.

Buyer DeWayne Keiper, a Sioux Falls, S.D., businessman, said he has numerous collector cars and much memorabilia he plans to display at the museum. He also plans to use the building as a sales showroom.

Money from the sale will go toward the $2.9 million the Kruse Foundation owes for what had been planned as a museum for the memorabilia of auto racing icon Andy Granatelli. He changed his mind about using the Auburn location.

"The location, it's really got a car feel that carries the whole theme with what I'm doing," Keiper told WPTA-TV of Fort Wayne. "There's a lot of synergies I think can be created with the museum. There's nine museums in the area so I think that will work out really well."

The building sale coincided with classic car auctions being held as part of the annual Auburn Cord Duesenberg Festival during Labor Day weekend.

Continue reading this story on the...