INDIANAPOLIS - The former Thr3e Wise Men restaurant and brewery in Indianapolis' Broad Ripple neighborhood is going up for auction next month. Indianapolis-based Key Auctioneers says the auction will include the facility's 30-barrel brewing system, restaurant and bar equipment, and three-way liquor license.

The property is set for both an on-site and online auction August 1. The auction will also include seating, furnishings and the lease for the property.

The Thr3e Wise Men location closed in June, almost six months to the day after its parent, Scotty's Brewhouse, filed for bankruptcy. Several Scotty's locations have closed during the same time period. 

Key Auctioneers says financial due diligence for bidding approval is due by July 23 and approved bidders will be notified July 26. The on-site auction will take place August 1 at 10 a.m. at 1021 Broad Ripple Avenue in Indianapolis. 

You can learn more about the auction by clicking here.