Services

Polk Auction Company is a full service auction company that specializes in Farm and Industrial equipment. We make liquidating your equipment easy, with many options ranging from consignment, to a complete buy-out of your inventory.

We are one of the largest cash buyers of all Farm and Industrial equipment. We can come to you and sell your entire fleet, your entire farm, or your collection, or we can help you sell any Farm and/or Industrial equipment you want or need to sell at our own facility in New Paris, IN.

We offer Live Auctions along with Online Only Auctions.

 

Appraisal Services

Because the owner of Polk Auction Company, Jeff Polk, is a practicing auctioneer, the owner of a large auction company, along with years of experience of buying and selling farm and industrial equipment, he is uniquely qualified to provide an appraisal of the current market value of your equipment.

During the appraisal process, each piece of equipment is individually evaluated as to condition, which is the primary driver of the final value. Then each piece of equipment is appraised based on that assessment of condition. Each unit is detailed in writing with a description of the condition and an appraised value for the unit.

Appraisals are sometimes needed for a specific point in time and, although certainly more subjective than a current appraisal, we have the capability to do that based on the current value and our knowledge of the changing economic conditions and the geographical area involved.

Please call Polk Auction in New Paris, IN for an appraisal on your equipment, regardless of whether it is a single unit or a multi-unit collection. Toll Free at (877) 915-4440.

Auction Services

Polk Auction Company is a full service auction company that specializes in Farm and Industrial equipment. We make liquidating your equipment easy, with many options ranging from consignment, to a complete buy-out of your inventory.

We are one of the largest cash buyers of all Farm and Industrial equipment. We can come to you and sell your entire fleet, your entire farm, or your collection, or we can help you sell any Farm and/or Industrial equipment you want or need to sell at our own facility in New Paris, IN. We offer Live Auctions along with Online Only Auctions.

We offer regularly-scheduled auctions featuring hundreds of pieces of Farm and Industrial equipment that are both our equipment and our customers’ consignments.

Polk Auction Company accepts consignments during normal business hours throughout the year, and we offer free nationwide advertising on the internet, in several agricultural and industrial publications, and in our flyers. We also offer a guarantee of sale on most pieces of equipment and the option of setting a reserve price to ensure your return.

The Polk Auction feature an assortment of Farm and Industrial equipment ranging from great quality working equipment to antiques to parts tractors. There is literally something for everyone. We have no buyer's premium for on-premise bidders. We offer absentee bidding over the phone and live internet bidding through PolkAuction.com Bidders come from all over the United States and Canada for our auctions and internet bidding brings bidders from all over the world. Check out our website for updates on equipment for our next auction by clicking our logo at the top of the webpage. Polk Auction is excited to announce that we are teaming up with NextLot to offer Online Only Auctions to you, our customer. What this involves is us coming to you and taking care of all the work that is necessary: advertising, marketing, & selling your item. You won't have to haul your item to an auction site; we will bring the buyers to you. It also includes getting your items to a nation-wide network of buyers 24 hours a day 7 days a week.

Consignment Services

Polk Auction Company accepts consignments during normal business hours throughout the year. These consignments will normally appear in our next regularly scheduled auction in New Paris, IN. The regularly scheduled auctions that we currently have are the Late Model and Construction Auction in late January or early February each year, the Spring Collector Tractor, Toy, Literature, & Memorabilia Auction in March each year, and the Labor Day Collector Tractor, Toy, Literature, & Memorabilia Auction, each year in September.

Consignment Fees are based on the selling price of the unit and are calculated as follows:

Selling Price for $200 or below = 25% Consignment Fee
Selling price between $201 - $1000 = 15% Consignment Fee
Selling Price greater than $1001 = 10% Consignment Fee
Minimum fee = $10.00
A consignment with Polk Auction offers free nationwide advertising on the internet, advertising in several agricultural and industrial publications, and appearance in our flyers promoting the auctions. We also offer a guarantee of sale on most pieces of equipment and the option of setting a reserve price to ensure your return.

An alternative to a consignment of your equipment with Polk Auction is the option of having your own auction at your location managed and run by Polk Auction Company. In this situation, Polk Auction will supply the manpower necessary to have the auction and you, the customer, will supply the equipment, the site, and the additional equipment necessary to make the auction a success. We will work with you to ensure that all needs are met and all equipment is in place and ready for the auction. The Polk Auction personnel will then conduct the auction, provide the accounting for all transactions, and present you with a bill for the total commissions based on the sales. Your part in the entire process is to walk among the crowd, greet friends and neighbors, and enjoy the proceedings - we do the rest.

Polk Auction is excited to announce that we are teaming up with NextLot to offer Online Only Auctions. WIth this option we also come to you and do all the work. You won’t have to haul your item to an auction site, much less take it out of your barn. You won’t have people roaming around or worry about any other minor details that it takes to have a live auction. Polk Auction personnel will manage the online auction, provide the accounting for all transactions, and present you with a bill for the total commissions based on the sales.

No hidden fees or additional charges!

*Please call Polk Auction for a quotation on the charges applicable to having your own auction at your own location or online.*