HUD Home — 101 N Lincoln St 04, Lake Crystal, MN 56055

Name: HUD Home — 101 N Lincoln St 04, Lake Crystal, MN 56055
Brand: U.S. Department of Housing and Urban Development
Price: 297500 USD
Availability: InStock

HUDReal Estate📍Lake Crystal, MN

List Price

Listed Until

Aug 3, 2026

Bids accepted in rolling periods

Market demand: Real Estate like this sell about 24% of the time, typically ~3 bids. Based on 1,310 completed sales over the last year.

Appraised valueFixed price

$297,500

HUD sets this list price from a professional appraisal of the home in its current condition, not an auction starting bid.

This is the asking price set from that appraisal, not a below-market auction bid - a fair price for the home, not a guaranteed bargain.
The real edge of a government REO is a clean sale: clear, insurable title with any past-due property taxes settled at closing.
Sold as-is with no seller repairs, so budget an inspection and repairs on top of the price.

The appraisal reflects the home's condition when it was inspected; values change over time. Not an independent valuation or investment advice - always inspect and confirm the numbers before you make an offer.

FHA-insurable with repair escrow

Condition & financing

Needs roughly $500-$5,000 in repairs - livable, but budget for the fixes.

Still FHA-financeable: the repair cost can be escrowed into the loan at closing.
Eligible for HUD's $100-down payment program for owner-occupants.
FHA insurability is set by HUD; the repair figures are HUD's ~$5,000 rule of thumb, not a per-home guarantee. Always get an inspection.

How to buy HUD homes →

Seller

🏛️ U.S. Department of Housing and Urban Development

Condition: As-is

Full Description

HUD foreclosure property. Case #277-367692. Single Family Home · 7 bed · 4 bath · 4196 sqft · Built 1900. 101 N Lincoln St 04, Lake Crystal, MN 56055. Owner Occupants, Nonprofits, and Government Agencies only. Contact a HUD-registered broker to submit an offer.

Pickup Information

📍

Lake Crystal, MN 56055

U.S. Department of Housing and Urban Development

📝HUD homes are sold through a bid process via HUD-registered brokers. Visit hudhomestore.gov for details.

Appraised valueFixed price

$297,500

HUD sets this list price from a professional appraisal of the home in its current condition, not an auction starting bid.

This is the asking price set from that appraisal, not a below-market auction bid - a fair price for the home, not a guaranteed bargain.
The real edge of a government REO is a clean sale: clear, insurable title with any past-due property taxes settled at closing.
Sold as-is with no seller repairs, so budget an inspection and repairs on top of the price.

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Free email alerts - we'll let you know when matching auctions are listed.

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Guides Tools Prices About

HUD Home — 101 N Lincoln St 04, Lake Crystal, MN 56055

HUDReal Estate📍Lake Crystal, MN

List Price

Listed Until

Aug 3, 2026

Bids accepted in rolling periods

Market demand: Real Estate like this sell about 24% of the time, typically ~3 bids. Based on 1,310 completed sales over the last year.

Appraised valueFixed price

$297,500

HUD sets this list price from a professional appraisal of the home in its current condition, not an auction starting bid.

This is the asking price set from that appraisal, not a below-market auction bid - a fair price for the home, not a guaranteed bargain.
The real edge of a government REO is a clean sale: clear, insurable title with any past-due property taxes settled at closing.
Sold as-is with no seller repairs, so budget an inspection and repairs on top of the price.

FHA-insurable with repair escrow

Condition & financing

Needs roughly $500-$5,000 in repairs - livable, but budget for the fixes.

Still FHA-financeable: the repair cost can be escrowed into the loan at closing.
Eligible for HUD's $100-down payment program for owner-occupants.
FHA insurability is set by HUD; the repair figures are HUD's ~$5,000 rule of thumb, not a per-home guarantee. Always get an inspection.

How to buy HUD homes →

Seller

🏛️ U.S. Department of Housing and Urban Development

Condition: As-is

Full Description

Pickup Information

📍

Lake Crystal, MN 56055

U.S. Department of Housing and Urban Development

📝HUD homes are sold through a bid process via HUD-registered brokers. Visit hudhomestore.gov for details.

Appraised valueFixed price

$297,500

HUD sets this list price from a professional appraisal of the home in its current condition, not an auction starting bid.

This is the asking price set from that appraisal, not a below-market auction bid - a fair price for the home, not a guaranteed bargain.
The real edge of a government REO is a clean sale: clear, insurable title with any past-due property taxes settled at closing.
Sold as-is with no seller repairs, so budget an inspection and repairs on top of the price.

Get notified about new real estate auctions like this

Free email alerts - we'll let you know when matching auctions are listed.

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Market data: see how government surplus prices are moving in the Surplus Price Index and how often each category sells in the Surplus Market Report.