IRS sells Mequon home of Milwaukee lawyer convicted of not paying taxes. The top bid was $1,245,000

The IRS will rake in $1,245,000 for the sale of a four bedroom Mequon home once owned by a Milwaukee lawyer convicted of failing to pay taxes on about $3.4 million of income.

The tax agency said there were four registered bidders seeking to buy the four-bedroom, 4½-bathroom house at 118 E. Springwood Court. The IRS didn’t disclose the buyer’s name.

The property auction was held Thursday at the Ozaukee County Courthouse and the IRS required a minimum bid of $990,000.

The agency described the property as a “stately colonial home on a private wooded lot in Beechwood Farms with natural light, spacious rooms & a functional floorplan.”

The house had been the home of Eric Lenzen, once a prominent Milwaukee lawyer.

Leznen was convicted last year and sentenced to 16 months in prison.

Lenzen led the national Financial Services & Capital Markets Industry team at the Milwaukee law firm of Husch Blackwell. Later, he and and six other partners joined Dykema Law, a national firm.

His law license is currently suspended for disciplinary and other reasons, according to wisbar.org.

Contact Cary Spivak at (414) 550-0070 or cspivak@jrn.com. Follow him on Twitter at @cspivak.