Auction question

[Nick Albin]

Date of Auction:
House Address:

Amount to be Raised:

Tuesday, May 20, 2008
1114 BERRY BLVD.
LOUISVILLE 40215 SALE 19

$3,495.59

This is the listing for the auction off the local real estate auction website. Does that mean that the minimum they will take (and it could potentially be bought for) 3.5k? Never done a auction. I am going to attended one soon just to see how it all goes. Thanks guys.