One family home for sale in auction. Year constructed : 2005, Square footage: 3,482, Lot size (acres): 0.51, Bedrooms: 4, Bathrooms: 3.5. Auctions take place at local government courthouses and other locations chosen by auction companies, such as hotel conference rooms. Homes are also auctioned on-line. Foreclosure auctions are held by bank-hired trustees. Tax lien auctions are conducted by local sheriffs.