Abandoned Topeka hotel sells for $54,100; back taxes totaled over $233K

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TOPEKA, Kan. — For the first time in two years, Topeka held a public auction to sell an area eyesore, the former Red Carpet Inn.

The bidding was extended to 4:06 p.m. Wednesday according to the Topeka Counselors Office. The final bid came in at $54,100. Eight bidders bid on the property from 9 a.m. to after 4 p.m.

The Red Carpet Inn in Topeka was sold at auction Wednesday, Oct. 27, 2021.

The abandoned Red Carpet Inn & Suites in downtown Topeka was auctioned off by Shawnee County, which said the owner owes thousands of dollars in local taxes.

Bidding started at $38 at 9 a.m. and ended at 3 p.m. At 2:15 p.m., the highest bid was $21,300.

The hotel was originally opened as a Holiday Inn in the 1970s until a cocktail lounge fire closed the hotel in 2005.

The nine-story building is located at 914 Southeast Madison Street near I-70.

Its total property was appraised at $690,000. The Shawnee County Appraiser’s Office said the owner owes $233,768.23 in property taxes. A North Dakota-based group, CPE Topeka Kansas 1031 Exchange 32984, LLC, owns the abandoned hotel.

The Red Carpet Inn in Topeka was sold Wednesday, October 27, 2021 at auction.

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