HUD Home — 302 Montmartre Dr, Folsom, LA 70437
List Price
$0
Listed Until
Nov 28, 2026
Bids accepted in rolling periods
Market demand: Real Estate like this sell about 24% of the time, typically ~3 bids. Based on 1,267 completed sales over the last year.
- This is the asking price set from that appraisal, not a below-market auction bid - a fair price for the home, not a guaranteed bargain.
- The real edge of a government REO is a clean sale: clear, insurable title with any past-due property taxes settled at closing.
- Sold as-is with no seller repairs, so budget an inspection and repairs on top of the price.
The appraisal reflects the home's condition when it was inspected; values change over time. Not an independent valuation or investment advice - always inspect and confirm the numbers before you make an offer.
FHA-insurable
Condition & financingMeets HUD's minimum property standards - roughly under $5,000 of repairs needed.
- Qualifies for standard FHA financing, so an owner-occupant can buy with a low down payment.
- Eligible for HUD's $100-down payment program for owner-occupants.
- FHA insurability is set by HUD; the repair figures are HUD's ~$5,000 rule of thumb, not a per-home guarantee. Always get an inspection.
Seller
🏛️ U.S. Department of Housing and Urban Development
Condition: As-is
Full Description
HUD foreclosure property. Case #221-462566. Single Family Home · 3 bed · 3 bath · 2169 sqft · Built 1979. 302 Montmartre Dr, Folsom, LA 70437. All Bidders. Contact a HUD-registered broker to submit an offer.
Pickup Information
U.S. Department of Housing and Urban Development
- This is the asking price set from that appraisal, not a below-market auction bid - a fair price for the home, not a guaranteed bargain.
- The real edge of a government REO is a clean sale: clear, insurable title with any past-due property taxes settled at closing.
- Sold as-is with no seller repairs, so budget an inspection and repairs on top of the price.
The appraisal reflects the home's condition when it was inspected; values change over time. Not an independent valuation or investment advice - always inspect and confirm the numbers before you make an offer.
Get notified about new real estate auctions like this
Free email alerts - we'll let you know when matching auctions are listed.
Similar Auctions
HUD Home — 37450 La Highway 16, Denham Springs, LA 70706
$405,000
Real Estate · LA
HUD Home — 604 Glendale Dr, Ruston, LA 71270
$324,000
Real Estate · LA
HUD Home — 1067 Cocoville Rd, Mansura, LA 71350
$310,000
Real Estate · LA
HUD Home — 212 Margaret Lucia Dr, Maurice, LA 70555
$269,000
Real Estate · LA
HUD Home — 1446 Joan St, Mandeville, LA 70448
$268,800
Real Estate · LA
HUD Home — 202 Ridge Run Ln, Carencro, LA 70520
$265,000
Real Estate · LA
See all Real Estate in Louisiana
87 more live real estate auctions