One family home for sale in auction. Estimated opening bid $20000. year constructed : 1950, square footage: 938, lot size (acres): 0.18, bedrooms: 3, bathrooms: 1. When property is on Auction, in many states, the borrower has the right of redemption (he can come up with the outstanding cash and stop the foreclosure process) up to the moment the home will be auctioned off.