A house being sold @ 1.75$. Unbelievable, isn’t it. Fact remains it is auctioned at ebay and won by a women for 1.75$. check this link Is it due to the meltdown of housing sector? Possibly not. No one will sell house at 1.75$ for whatever reasons.
In any case, new owner can possibly claim for Gusiness record of the cheapest house bargain. BTW, owner has to pay tax of about 850$ (485 times of purchase value). 🙂