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These Are the 10 Tax Auction Items That Got The Most Bids

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The Tax Certificate Sale Auction ended last Thursday, March 12 and boy did it garner a lot of interest. In all, over 1,700 properties received bids with many at just 1%. What does that mean for the winning bidder? Given that the auction operates on a "low percentage wins" policy, that means the winner has just a percent of ownership over the home or lot. If the owner doesn't come forward or pay taxes and fees within 3 years, (or just 18 months if it's a blighted/abandoned property) the winner may then take them to court in order to take control of the property. If the owner comes forward, the bidder receives their money back, plus interest. Nothing ventured, nothing gained, right? After the jump, we present the ten auction items that received the most bids of them all, which hopefully provides some type of insight into the city's current auction craze.


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1. 736 Barracks St

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736 Barracks Street
New Orleans, LA 70116

Number of bids: 27Square footage: 1,197Info: Built circa 1840, this Victorian-esque townhouse is easily worth ten times more than the $3,415.25 in total tax sale and real estate costs estimated for the three story building.

2. 7601 Plum St

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7601 Plum Street
New Orleans, LA 70118

Number of bids: 26Square footage: 4,200Info: Last sold in 1972, this spacious home is billed as a "multiple occupancy" and boasted just $1,326.42 in tax sale cost and real estate fees.

3. 4627 Mendez St

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4627 Mendez Street
New Orleans, LA 70126

Number of bids: 25Square footage: 6,413Info: Last sold in 2008, this single family home in Pontchartrain Park saw numerous bids but just three total bidders duking it out in hopes of owning an estimated $126,900 home for nearly 30 times less.

4. 803 Olga St

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803 Olga Street
New Orleans, LA 70119

Number of bids: 23Square footage: 6,670Info: Another multiple occupancy home, this City Park abode appears to be owned by an entire family, though the mailing address has its owners residing in the Marigny. However the home was lost in the shuffle, it was swooped up for an incredibly affordable $2,716.82, plus additional fees.

5. 10935 S Hardy St

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10935 South Hardy
New Orleans, LA 70127

Number of bids: 22Square footage: 7,200Info: One of the largest properties to garner the most bids, 10935 S Hardy St is one of two homes on the auction block on the same block. Total tax sale costs and real estate fees? $3,489.45

6. 32 Hawk St

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32 Hawk Street
New Orleans, LA 70124

Number of bids: 22Square footage: 9,156Info: On the outside, 32 Hawk St doesn't look like much but once you get past the small green gate, it's a fairly expansive Lake Vista property. The first of eleven bidders won this auction, whose fees total $24,275.63. That hefty price is still thousands below its estimated value.

7. 3516 Desaix Blvd

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3516 Desaix Boulevard
New Orleans, LA 70119

Number of bids: 21Square footage: 5,400Info: This Fairgrounds single-family home hit the auction block at a low $2,847.98, only to have a winning bidder at 75%, a relatively high percent ownership interest, meaning there's high likelihood when all is said and done, the winning bidder will step away with the property.

8. 10936 S Hardy St

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10936 South Hardy
New Orleans, LA 70127

Number of bids: 20Square footage: 7,200Info: The second tax certificate sale home to be auctioned off on S Hardy St, this single-family home in New Orleans East had only three bidders going back and forth before closing last Thursday.

9. 1518 Mystery St

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1518 Mystery Street
New Orleans, LA 70119

Number of bids: 20Square footage: 2,016Info: Another multi-family home, this double occupancy near the Fairgrounds hit the auction block at just $2,488.82 and saw ten total bidders duke it out.

10. 2500 Desoto St

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2500 Desoto Street
New Orleans, LA 70119

Number of bids: 20Square footage: 2,395Info: The only commercial property to make the list, 2500 Desoto St is the home of Llipos Tiles and hit the auction block at a surprisingly affordable $1,383.12. The two bidders who went back and forth on this may have little luck in claiming the property given the 1% bid win and the minimal fees Llipos must pay to reclaim it.

1. 736 Barracks St

736 Barracks Street, New Orleans, LA 70116

Number of bids: 27Square footage: 1,197Info: Built circa 1840, this Victorian-esque townhouse is easily worth ten times more than the $3,415.25 in total tax sale and real estate costs estimated for the three story building.

736 Barracks Street
New Orleans, LA 70116

2. 7601 Plum St

7601 Plum Street, New Orleans, LA 70118

Number of bids: 26Square footage: 4,200Info: Last sold in 1972, this spacious home is billed as a "multiple occupancy" and boasted just $1,326.42 in tax sale cost and real estate fees.

7601 Plum Street
New Orleans, LA 70118

3. 4627 Mendez St

4627 Mendez Street, New Orleans, LA 70126

Number of bids: 25Square footage: 6,413Info: Last sold in 2008, this single family home in Pontchartrain Park saw numerous bids but just three total bidders duking it out in hopes of owning an estimated $126,900 home for nearly 30 times less.

4627 Mendez Street
New Orleans, LA 70126

4. 803 Olga St

803 Olga Street, New Orleans, LA 70119

Number of bids: 23Square footage: 6,670Info: Another multiple occupancy home, this City Park abode appears to be owned by an entire family, though the mailing address has its owners residing in the Marigny. However the home was lost in the shuffle, it was swooped up for an incredibly affordable $2,716.82, plus additional fees.

803 Olga Street
New Orleans, LA 70119

5. 10935 S Hardy St

10935 South Hardy, New Orleans, LA 70127

Number of bids: 22Square footage: 7,200Info: One of the largest properties to garner the most bids, 10935 S Hardy St is one of two homes on the auction block on the same block. Total tax sale costs and real estate fees? $3,489.45

10935 South Hardy
New Orleans, LA 70127

6. 32 Hawk St

32 Hawk Street, New Orleans, LA 70124

Number of bids: 22Square footage: 9,156Info: On the outside, 32 Hawk St doesn't look like much but once you get past the small green gate, it's a fairly expansive Lake Vista property. The first of eleven bidders won this auction, whose fees total $24,275.63. That hefty price is still thousands below its estimated value.

32 Hawk Street
New Orleans, LA 70124

7. 3516 Desaix Blvd

3516 Desaix Boulevard, New Orleans, LA 70119

Number of bids: 21Square footage: 5,400Info: This Fairgrounds single-family home hit the auction block at a low $2,847.98, only to have a winning bidder at 75%, a relatively high percent ownership interest, meaning there's high likelihood when all is said and done, the winning bidder will step away with the property.

3516 Desaix Boulevard
New Orleans, LA 70119

8. 10936 S Hardy St

10936 South Hardy, New Orleans, LA 70127

Number of bids: 20Square footage: 7,200Info: The second tax certificate sale home to be auctioned off on S Hardy St, this single-family home in New Orleans East had only three bidders going back and forth before closing last Thursday.

10936 South Hardy
New Orleans, LA 70127

9. 1518 Mystery St

1518 Mystery Street, New Orleans, LA 70119

Number of bids: 20Square footage: 2,016Info: Another multi-family home, this double occupancy near the Fairgrounds hit the auction block at just $2,488.82 and saw ten total bidders duke it out.

1518 Mystery Street
New Orleans, LA 70119

10. 2500 Desoto St

2500 Desoto Street, New Orleans, LA 70119

Number of bids: 20Square footage: 2,395Info: The only commercial property to make the list, 2500 Desoto St is the home of Llipos Tiles and hit the auction block at a surprisingly affordable $1,383.12. The two bidders who went back and forth on this may have little luck in claiming the property given the 1% bid win and the minimal fees Llipos must pay to reclaim it.

2500 Desoto Street
New Orleans, LA 70119