Under $75K Thursday ~ c.1893 Foreclosure Sac City Iowa $74K ~ Sold

707 Audubon St, Sac City, IA 50583  $74,000 Pending ~ Sold for $60k

OHU50K NOTES

This c.1893 foreclosure is listed on the National Register of Historic Places. Also called the Dixon House, it has been known as Seven Oaks for over 120 years because of the seven oak tress that dot the property.

Family Background

Due to its location and elegance, it was a very suitable home for banker Eli N. Baily. In 1886, at age 29, Eli purchased Sac County State Bank, moved to Sac City and built this Queen Anne home in 1893 for he, his wife Amie and daughter Elizabeth.

Elizabeth married Paul Dixon and they lived in the house with her parents for decades. Paul was the son of W.J. and Mary Dixon. The Dixons had moved to Sac City in 1892 where W.J. served as Clerk of Court until 1899. That year he opened Dixon Lumber Company, which was owned by the Dixon family until the 1980s. Both the Baily and Dixon families were very active in civic affairs.

The house remained in the family for 100 years until it was sold in the 1990s to settle Elizabeth’s estate. It was completely restored in 1995-1996, but is being sold “As Is.”

Architectural Elements

Seven Oaks is a 2.5-story late Queen Anne with a modified rectangular plan. The foundation is fieldstone and the chimney brick. Extensive oak woodwork, exquisite original lighting fixtures and the flowering vine relief in the living room reflect the style of the times.

The foreclosure is situated in a residential neighborhood on a tree-lined street.

• 2bath
• 4 bedrooms
• 3,853sqft
• 0.4acres lot
• Build date 1893
• Google Map
• Property Listing
• Realtor: Emily Graeve, Agent with RE/MAX Generations

REALTOR COMMENTS

This is a beautiful 4 bedroom foreclosure with so much character. The built in wood work is not something that you see much in homes. Lots of room for family!

You will not want to miss out on this home for the price it is listed at! Call to set up a time for a showing and let us show you the magic of this beautiful multi-level home.

Seven Oaks has been listed on the National Register of Historic Places! This is a HUD home and will be sold AS-IS. The house was built Prior to 1978 and Lead Based Paint potentially exists. For more information on this home please visit Case number 161-279043 Managed by Chronossolutions.