STANTON — A total of 54 foreclosed Montcalm County properties will go to auction Tuesday, each at a starting bid of $50.
The properties previously failed to sell at the annual minimum bid auction Aug. 6 and will now be offered at a much lower price at noon Tuesday in the Montcalm County Administrative Building (old courthouse) in Stanton.
Treasurer JoAnne Vukin said participants need $1,000 in cash to be able to bid at the auction. If participants don’t spend the entire $1,000 or don’t buy anything, the money will be refunded. If participants buy something more than $1,000, the balance can be paid by check, debit card, credit card, money order or certified check.
“I am considering bundling some of the parcels that are close to each other, hopefully making them more appealing and better parcels,” Vukin noted.
Despite not selling at last month’s auction, some of the properties have generated quite a bit of public interest, including an assortment of unfinished townhouses and duplex condos in Greenville which previously had minimum bids of $650 to $46,000.
Vukin hosted open houses for those properties earlier this month. A total of 140 people attended the two-day open houses.
“We have been getting interest from several builders looking to flip the homes and many individuals looking for a home,” Vukin said. “It truly is a very pleasant area of Greenville.”
Other properties up for bid Tuesday include a former gas station on M-46 in Amble, a commercial building/property in downtown Trufant, an older mobile home on eight acres in Reynolds Township and a duplex in Fenwick.
Call Vukin at (989) 831-7334 or visit montcalm.org for more information about Tuesday’s auction.