One of Murphy's Law of Genealogy...
The only record you find for your great-grandfather is that his property was sold at a sheriff's sale for insolvency.
[S447] Family Information from Elaine Margheim, Elaine Margheim, Norwalk, California, [Schaefer pp. 227, 228], 27 Oct 2000.
[S548] Family Information from Beatrice Schliesing Hovander, Beatrice Schliesing Hovander, Sun City, Arizona, (Group Sheets), [Schaefer p. 425], 21 Feb 2001.