Ed Gein's house and 195 acre property were appraised at $4,700 (). His possessions were scheduled to be auctioned March 30, 1958, amidst rumors that the house and the land it stood on might become a tourist attraction. Early on the morning of March 20, the house was destroyed by fire. A deputy fire marshal reported that a rubbish fire had been set 75 feet from the house by a cleaning crew tasked with disposing of trash; further, that hot coals were recovered from the spot of the bonfire, and fire from the bonfire's location did not travel along the ground to the house. Arson was suspected, but the cause of the fire was never officially determined. When Gein learned of the incident while in detention, he shrugged and said, "Just as well."

Gein's 1949 Ford sedan, which he used to haul the bodies of his victims, was sold at public auction for $760 () to carnival sideshow operator Bunny Gibbons. Gibbons charged carnival goers 25¢ admission to see it.

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