Hennepin County Taxpayer Services normally hosts one or two land auctions each year.
How much does auctioned land cost?
After the classification process, an appraised value is set for the land. The appraised value/minimum bid prices for land listed are in the auctions section below.
In addition to the purchase cost, a city can reapply prior year canceled special assessments to the taxes of purchased land. Check with the appropriate city before bidding, for possible:
- Special assessments
- Various (code, inspection) fees
Terms of sale
Review the terms of the current auction in the auctions section below. Terms may change each auction.
All sales of auctioned lands are:
- Final — no refunds or exchanges
- Not guaranteed by the county
- Sold "as-is" (in current condition) and may not conform to local building and zoning ordinances. Check with a real estate agent and with the appropriate city before bidding, for things such as, but not limited to:
- Special assessments since forfeiture date
- Renter history
Registration and earnest money
Anyone (individuals, corporations, entities, etc.) may purchase land.
- You must register and provide earnest money in the form of a cashier's check, money order or certified check from your bank. No credits cards or cash accepted. Earnest money must:
- Be made payable to Hennepin County Treasurer
- Payment must be in your name
- Be in the amount specified in the terms published on the current auctions page
- Include "For purchase of tax-forfeited land at public auction" in the memo section
- When you register, you will receive a bidding number
If you win a bid
You can apply your earnest money to the purchase cost. To complete payment, you must provide:
- Money order or certified check from your bank
- Contract for Deed (not all auctions accept Contracts for Deed)
- No credit cards or cash
If you do not win a bid
Your earnest money will be returned to you when you return your bidding number.
If you win a bid, but change your mind
Earnest money will not be returned.
What does the county do with sale proceeds?
The net revenue is distributed annually to the local taxing districts on the following percentage basis:
- 40% county
- 40% school district
- 20% city
The county’s portion pays for the maintenance, operation and repair of tax-forfeited land on inventory.
- See auction results and sale prices in the Auctions section of this page.
- Land not sold at auction may be offered for sale the day after the auction.
- Subscribe to automatically receive information regarding land auctions.