So far, according to BuildingDetroit.org, no Land Bank property auction has seen bids over $100,000. The DLBA starting running two online auctions per day last May. But after 229 bids this auction closed at $97,900. The 3,000 square foot colonial has four bedrooms, four bathrooms and 60 windows that need repair or replacement. The DLBA reccommends that the winning bidder also replace the boiler, kitchen, bathroom, and the drywall. Sounds like a big project. Good luck.
· 115 Chicago Blvd[BuildingDetroit]