$94,731 EMV

2 Beds 1,728 Sq. Ft.
Get the Preforeclosure Address

11th St
Manson, IA 50563


This Preforeclosure is located at 11th St, Manson, IA 50563. It has 2 Beds, , 1,728 sqft of living space. This property is currently in auction with an estimated market value of $94,731.
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Status: Inactive
Listing ID: 57328612

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Property Information

  • Bedrooms: 2
  • Living Area Size: 1,728
  • Year Built: 1970
  • Source ID: 21570074
  • Day(s) On Site: 211
  • Subdivision: WILLEYS 3RD ADD
  • Plaintiff: US BANK NA
  • Defendant Name: MINDY DAVIS
  • Case Number: EQCV502275
  • Trustee Address: 2002 DOUGLAS STREET
  • Trustee City: OMAHA
  • Trustee State: NE
  • Trustee Zip: 68102
  • Trustee Phone: (402) 898-7000
  • Deed Category: NFS
  • Mortgage Balance: $70,723

Potential Home Value

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Public Records

  • Bedrooms: 2
  • No. of Stories: SPLIT FOYER
  • Land Area Sqft: 9,148
  • Year Built: 1970
  • APN: 893108327005
  • Property Type: Single Family Residence
  • Living Sqft: 1,728
  • Style: SPLIT FOYER
  • Subdivision: WILLEYS 3RD ADD


Often, the preforeclosure period is the best time to purchase a property. The process begins when a lender first notifies a borrower that his or her loan payments are behind. If a borrower has no other means to bring the payments up to date, he or she is far better served to sell the property as soon as possible before it falls into foreclosure.

First Steps to Buying a Preforeclosure

Preforeclosure status means the owner of the property has defaulted on his mortgage obligation and the lender is taking steps to foreclose on the loan and take possession of the property. This situation places the property owner and the lender in a disadvantaged position. But it may not be too late for the property owner to work things out with his lender.  At the same time the lender may be interested in allowing a short sale (sale of the property for less than the amount owed) just to avoid the costly process of foreclosure on the loan, and then the expense of marketing the property. That leaves open the opportunity for a real estate investor to come in and solve the problem for both parties.


Auction Information

  • Auction Date: 08-16-2022
  • Auction Time: 10:00 AM
  • Auction Address: 416 4TH ST
  • Auction City: ROCKWELL CITY

    Loan Information

  • Mortgage Balance: $70,723

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Rental Value

The estimated rental value for 11th St located in Manson, IA is $1,082/month. Comparable homes around 11th St that are rentals have monthly ranges starting as low as $890 per month and as high as $1,211 per month. An owner looking to use this property as an investment could bring a return in the area of $890 - $1,211 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.


11th St
Manson, IA 50563

2 Beds 1,728 sq. ft.

$94,731 EMV

Status: Inactive Listing ID: 57328612

Property Information

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Public Records

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Property Description

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