All 24 tax parcels were called. Investors bought 8, the Land Bank took 16
October was the busiest judicial in-rem sale we have recorded: every one of the 24 parcels on the Tax Commissioner’s flyer was called. The Macon-Bibb Land Bank Authority took 16 of them at the opening bid. Local investors bought the other 8 for a combined $94,000.
| Property | Opening | Sold for | What it was |
|---|---|---|---|
| 4824 Griffin Hills Place | $6,633 | $26,000 | Vacant lot the county values at $10,098. The high bid of the day: 2.6× the county value. |
| 4124 Lafayette Drive | $8,070 | $20,000 | House. Our call was HOLD: the United States is a named party, which can carry a separate federal redemption right. The buyer took that risk on. |
| 3607 Fair Street | $7,935 | $17,000 | Small house. Sold above our $14,656 max bid. |
| 3760 American Blvd. | $12,458 | $13,000 | House under an active blight designation (our call: CAUTION). We expected it to clear near $12,600. |
| 197 May Place | $4,017 | $5,000 | House. The Tax Commissioner’s flyer cut its opening from $15,227 to $3,357 before the sale. |
| 330 Pondview Road | $4,007 | $5,000 | Vacant land |
| 1824 Railroad Avenue | $3,110 | $4,000 | Vacant lot |
| 747 Patton Avenue | $3,219 | $4,000 | Vacant lot |
Openings ran a few percent above the flyer amounts because interest kept accruing up to the day. On the four houses, the winning bids landed at 10% to 67% of our after-repair value, with a middle of roughly 27 cents on the dollar. That is below the 34–40% the August houses cleared at.
2720 Vineville: the flyer more than doubled the price. No investor bid
2720 Vineville Avenue was one of our five free properties this month. The court petition put the taxes due at $22,479. The Tax Commissioner’s sale flyer opened it at $51,252, right at our $51,169 valuation ceiling. Our sale-eve re-check caught the change, so we moved our call to CAUTION that night and flagged the new price in our sale-eve email. It was called at $53,899 with interest, and the Land Bank took it at the opening. No investor would pay more.
The other free in-rem pick, 1551 Wellworth Avenue (GO, priced for its blight cost), also went to the Land Bank at its $34,171 opening.
One foreclosure out of 26 was cried, and it was a commercial property
The only foreclosure called was 2746 Riverside Drive, a commercial property behind a $1.1 million loan. It opened at $1,046,000 and did not sell. The other 25 resolved off the courthouse steps: reinstated, postponed or stayed in bankruptcy. That is the second month running: 1 of 51 residential and commercial foreclosures cried across September and October.
Our pre-sale research called the no-shows ahead of time:
And the 12 withdrawn foreclosures our weekly legal-ad comparison flagged before the sale? Not one was called.
We score our own calls. Here is October’s scorecard
Our research promise is primary sources and honest process, so every month we grade the previous report against what actually happened at the sale.
Why publish misses? Because a research service that only remembers its hits is a marketing service.
Redemption windows now running
| Property | Sold for | Deadline | Redemption terms |
|---|---|---|---|
| The 8 investor-bought tax parcels | $4,000 to $26,000 | Dec 5, 2026 | Judicial in-rem: owner-only 60-day redemption, a refund of the bid, no premium. After that the deed vests in the buyer. |
| The 16 Land Bank parcels | to LBA | Dec 5, 2026 | Same owner-only window; parcels the Land Bank keeps are later re-offered, historically at $3,250. We track that pipeline for subscribers. |
Outcomes recorded in person at the October 6 sale and entered against the published lists. Educational information, not legal or investment advice. Verify everything against the primary record before acting.
November 3 is the next first Tuesday
The November research cycle is already running: the same per-property title work, valuations and sale calls, delivered before the auction. See what subscribers had in hand this month, then pick your tier.
See the October report Sample a full workup Pricing