Auction ended · final bid

$275,000

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HUD Home — 513 S 7th St, Eldridge, IA 52748

This lot sold for $275,000 at government auction in Eldridge, IA on May 13, 2026.

HUDReal Estate📍Eldridge, IA

List Price

$275,000

Listed Until

May 13, 2026

Bids accepted in rolling periods

See all Real Estate in Iowa →

Market demand: Real Estate like this sell about 27% of the time, typically ~3 bids. Based on 2,434 completed sales over the last year.

Appraised valueFixed price

$275,000

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.

Title and tax regime in IowaClear title

This is a government REO sale, not a tax sale. The two convey title very differently.

This listing: conveys with clear, insurable title. Past-due property taxes are settled at closing by the seller, there is no redemption period, and no former owner can reclaim it.
County tax sales in Iowa: Iowa is a tax lien state. The county sells the unpaid tax debt, not the house. You buy a certificate that earns interest, and you only get the property if the owner never repays. The former owner then has 21 months to reclaim the property. Title here usually needs a quiet-title action before it is insurable or resellable. None of that applies to this listing.

We do not estimate what a specific property owes. Lien and back-tax amounts live in county records and only a title search returns the real number, so any figure produced without one is a guess you should not bid against. Compare all 51 state tax-sale regimes. State-level rules, not legal advice.

Seller

U.S. Department of Housing and Urban Development

Condition: As-is

Full Description

HUD foreclosure property. Case #161-418546. Single Family Home · 3 bed · 2.1 bath · 1736 sqft · Built 1978. 513 S 7th St, Eldridge, IA 52748. Owner Occupants, Nonprofits, and Government Agencies only. Contact a HUD-registered broker to submit an offer.

Pickup information

Eldridge, IA 52748

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

$275,000

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.

Title and tax regime in IowaClear title

This is a government REO sale, not a tax sale. The two convey title very differently.

This listing: conveys with clear, insurable title. Past-due property taxes are settled at closing by the seller, there is no redemption period, and no former owner can reclaim it.
County tax sales in Iowa: Iowa is a tax lien state. The county sells the unpaid tax debt, not the house. You buy a certificate that earns interest, and you only get the property if the owner never repays. The former owner then has 21 months to reclaim the property. Title here usually needs a quiet-title action before it is insurable or resellable. None of that applies to this listing.

GovAuctions

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Auction ended · final bid

$275,000

Browse current live Real Estate auctions in Iowa.

Live lots like this one

No image

304 WENDY HEIGHTS ROAD, COUNCIL BLUFFS IA 51503

$260,526starting

IA · 31d 17h

No image

2024 AVENUE A, COUNCIL BLUFFS IA 51501

$243,898starting

IA · 24d 17h

No image

21862 GREEN VALLEY AVENUE, COUNCIL BLUFFS IA 51503

$318,273starting

IA · 31d 17h

HUD Home — 107 N Baker St, Keota, IA 52248

$210,000

IA · 154d 21h

See all Real Estate in Iowa →

This lot has ended.

Tell us what you're looking for. We'll email you when a similar one lists.

HUD Home — 513 S 7th St, Eldridge, IA 52748

This lot sold for $275,000 at government auction in Eldridge, IA on May 13, 2026.

HUDReal Estate📍Eldridge, IA

List Price

$275,000

Listed Until

May 13, 2026

Bids accepted in rolling periods

See all Real Estate in Iowa →

Market demand: Real Estate like this sell about 27% of the time, typically ~3 bids. Based on 2,434 completed sales over the last year.

Appraised valueFixed price

$275,000

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.

Title and tax regime in IowaClear title

This is a government REO sale, not a tax sale. The two convey title very differently.

This listing: conveys with clear, insurable title. Past-due property taxes are settled at closing by the seller, there is no redemption period, and no former owner can reclaim it.
County tax sales in Iowa: Iowa is a tax lien state. The county sells the unpaid tax debt, not the house. You buy a certificate that earns interest, and you only get the property if the owner never repays. The former owner then has 21 months to reclaim the property. Title here usually needs a quiet-title action before it is insurable or resellable. None of that applies to this listing.

Seller

U.S. Department of Housing and Urban Development

Condition: As-is

Full Description

Pickup information

Eldridge, IA 52748

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

$275,000

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.

Title and tax regime in IowaClear title

This is a government REO sale, not a tax sale. The two convey title very differently.

This listing: conveys with clear, insurable title. Past-due property taxes are settled at closing by the seller, there is no redemption period, and no former owner can reclaim it.
County tax sales in Iowa: Iowa is a tax lien state. The county sells the unpaid tax debt, not the house. You buy a certificate that earns interest, and you only get the property if the owner never repays. The former owner then has 21 months to reclaim the property. Title here usually needs a quiet-title action before it is insurable or resellable. None of that applies to this listing.

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