Boone County’s historic jail on Lebanon’s square sold for $154,000 at auction Thursday, April 10.
Sean Stoller, the winning bidder, consulted by cellphone with partners throughout the sale until auctioneer Chuck Hunt proclaimed him the winner. Hunt and Seth Seaton, vice president of Key Auctioneers, conducted the sale.
Stoller said afterward that the buyer is “a family business.”
“I want to tell you a ton of stuff,” Stoller said, but he said the buyers want to explore their options before announcing plans. “We do want to include stories about the building’s history.”
After a sluggish start at $40,000, bidding picked up at $132,500, when all but Stoller and another prospective buyer dropped out.
When bidding stalled, Hunt reminded the crowd it “would cost into the millions” of dollars to replace the building, which was erected in 1938 and used as both a jail and the Boone County Sheriff Office’s headquarters until October 1992.
More than two dozen people gathered in front of the jail’s 104 W. Washington St. entrance on a sunny, warm and windy day to either bid or listen.
About 15 people registered as bidders, said Ronnie Hughes, the auction clerk.