Officials say the painting could sell for between $300,000 and $500,000.
Indianapolis Colts owner purchased an electric guitar used by Prince in numerous concerts.
A rare Civil War era rifle is expected to be sold for up to $17,000.
The Historic Village could be sold at public auction if a buyer does not come forward by September 20.
Though the Indianapolis Airport Authority is set to auction off a number of items Tuesday, much of the merchandise may not end up at other airports.
The number of properties slated to go on the auction block in Brown County next week has been reduced by nearly two-thirds.