3 Beds   1 Bath   1,824 Sq. Ft.

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Division St
La Porte, IN 46350

Status: Inactive
Listing ID: 56732880

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Property Information

  • Bedrooms: 3
  • Bathrooms: 1
  • Living Area Size: 1,824
  • Source ID: 21280521
  • Days On Site: 65
  • Parcel Number: 46-06-36-377-016.000-043
  • Plaintiff: MADISON REVOLVING TRUST 2017
  • Defendant Name: GEOFFREY L MALSTAFF
  • Case Number: 46D01-1701-MF-000013
  • Trustee Name: GERALD M SHAPIRO LLP
  • Trustee Address: 4805 MONTGOMERY ROAD
  • Trustee City: NORWOOD
  • Trustee State: OH
  • Trustee Zip: 45212
  • Trustee Phone: (513) 396-8100
  • Deed Category: NFS
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Public Records

  • Bedrooms: 3
  • Baths: 1
  • Full Baths: 1
  • Rooms: 6
  • No. of Stories: 1
  • Basement Sqft: 684
  • Heating Fuel: GAS
  • Heating Type: WARM AIR
  • Roof Material: ASPHALT SHINGLE
  • APN: 050636377016
  • Property Type: Single Family Residence
  • Township: CENTER TOWNSHIP
  • Living Sqft: 1,824
  •  

Preforeclosure

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.

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Auction Information

  • Auction Date: 10-27-2021
  • Auction Time: 10:00 AM
  • Auction Address: 1001 E. U.S. HIGHWAY 20
  • Auction City: MICHIGAN CITY

    Property Classification

  • Classification Id: Notice of Foreclosure Sale
  • Classification Desc: This notice announces the date, time and other details related to a proposed public foreclosure auction. Don't scour the local newspapers or waste time at the courthouse hunting down these sales when you can easily find the latest information.

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Listing History

Start Date End Date Listing Type Bank Name
09/23/21 10/27/21 Preforeclosure Madison Revolving Trust 2017

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Division St
La Porte, IN 46350

3 Beds   1 Bath   1,824 sq. ft.

 

Status: Inactive Listing ID: 56732880

Property Information

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Public Records

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Property Description

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Listing URL

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