UPDATE 2:21 p.m.
: According to Diane Sendelbeck, Monroe County's deputy court clerk, the Coleman casa sold for $256,419.96.
The buyer? Wells Fargo Bank.
Sendelbeck said nobody from the public bid on the house.
"Channel 2 and 4 and 5 were here, there were a lot of reporters and cameramen," she said. "There were a lot of news media but I don't think anyone actually put a bid on it. Since the plaintiff bought it back at that price I'd be shocked if there was another bid."
Original post follows...
It seems like just yesterday that Wells Fargo was foreclosing on Christopher Coleman
's three-bedroom home at 2854 Robert Drive in Columbia, Illinois, where his wife and two young sons were strangled to death a little more than a year ago.
Alas, that was three whole months ago and (shockingly) no buyer emerged in the interim for the 950 square foot abode. Maybe it was the picture on the real estate listing with crime scene tape
and homicide detectives that scared people off. Either that or the fact that the property value has declined
more than $100,000 since Coleman purchased the place in 2005 for $212,000.
Of course that just means there's a bargain to be had this afternoon at the Monroe County
Wells Fargo is auctioning off the house to the highest bidder.
The sale starts at 1 p.m. Coleman's former home (he now resides in jail, booked on murder charges and facing a possible death sentence) is the only one on the auction block.
Real estate website Zillow.com
estimates the home's value is between $141,000 and $202,000.
Coleman still owes $230,000, plus interest on the mortgage.
According to the Associated Press (via the Belleville News-Democrat
), "By Illinois law, the house must be sold "as is" - meaning prospective buyers don't get a chance to inspect it." In other words, there's a bargain to be had as long as you don't mind red spray paint on the walll that reads "I told you this would happen."