Krueckeberg Auction and Realty Acquires Indianapolis-Based Key Auctioneers
Expansion into New Market Will Double Business
Decatur, Ind — Krueckeberg Auction and Realty recently acquired Key Auctioneers.
The acquisition expands the company’s footprint in the Indianapolis market and
increases the company’s buyer base by nearly 40,000 buyers.
Founded in 1977 by Kent Krueckeberg, Krueckeberg Auction and Realty is a regional
leader in real estate and auction services across Indiana, Ohio, Kentucky and Michigan.
Today, Krueckeberg is owned and operated by Kent’s son, Josh, who leads a team of
professionals with over 100 years of combined experience. Krueckeberg Auction and
Realty partners with the most reputable lenders and title companies to provide
customers with reliable service. In 2012, Krueckeberg Auction and Realty acquired Ideal
Realtors followed by BKM Real Estate & Auction in 2017.
―Krueckeberg Auction and Realty has experienced tremendous growth over the last 10
years. Through the acquisition of Key Auctioneers, we are reaching our full potential,
accessing a new market and expanding our services,‖ said Josh Krueckeberg, president
of Krueckeberg Auction and Realty.
Key Auctioneers had conducted hundreds of auctions per year and has sold assets in
excess of several hundred million dollars annually, which will give Krueckeberg Auction
and Realty the potential to double its business.
Clients are noticing the benefits of the recent growth at Krueckeberg Auction and
―Acquiring Key Auctioneers is a powerful milestone for Krueckeberg Auction and Realty
and further enhances its ability to serve clients in one of Indiana’s and the Midwest’s top
markets. After working with Josh and the team at Krueckeberg Auction and Realty for
years, I am confident that this will further enhance our relationship and further support
our business needs,‖ said Financial Recovery Director David Wilson.
Key Auctioneers is a leading provider of comprehensive real estate and business asset
disposition services in the Midwest. In addition to auctions, services include appraisals,
asset recovery and storage, business brokerage, liquidations, logistics and rigging,
property management and receiverships.
Key’s clients include some of the largest banks in the Midwest, including Fifth Third,
First Merchants, German American, Huntington, JP Morgan Chase, MainSource, BMO
Harris, National Bank of Indianapolis, Old National and PNC.
To learn more about Krueckeberg Auction and Realty, visit the website at
www.kjauction.com, or to learn more about Key Auctioneers, visit the website at
About Krueckeberg Auction and Realty:
Krueckeberg Auction and Realty is a leading expert in the auction and realty industry
with sales totaling over $100 million annually from commercial, residential, industrial,
agriculture, heavy equipment, industrial liquidations, municipality surplus and general
business and personal property auctions. With a secured auction facility totaling over
21,000 square feet in Decatur, Ind., Krueckeberg Auction and Realty conducts some of
the largest truck, equipment, special asset and personal property auctions in the region.
Krueckeberg Auction and Realty’s corporate office is located at 1030 S. 13th St,
Decatur, IN 46733 where an experienced full-time staff is ready to serve any auction,
appraisal and real estate needs. To learn more about Krueckeberg Auction and Realty,
visit the website at www.kjauction.com, or to learn more about Key Auctioneers, visit the
website at www.keyauctioneers.com.