(Richmond, IN)--Thursday is the day that the recently vacated Elder-Beerman building in downtown Richmond will be auctioned off. A local group of business leaders and elected officials had put together a bid as required in the process Wednesday night, county officials met and learned that another bidder had put in a bid that’s roughly three times the amount bid by the local group. County officials have indicated they will assist any other group with a successful bid. The auction takes place in Chicago.