$106,115 EMV

2 Beds   1 Bath   928 Sq. Ft.
Get the Preforeclosure Address

E Washington St
Frankfort, IN 46041

Overview

This is located at E Washington St, Frankfort, IN 46041. This listing is NOT an active listing. Updates to this listing have stopped. This listing may be off the market. No further information is available at this time. It has 2 Beds, 1 Bath , 928 sqft of living space.
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Status: Inactive
Listing ID: 58704986

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Property Information

  • Bedrooms: 2
  • Bathrooms: 1
  • Living Area Size: 928
  • Total Square Feet: 928
  • Year Built: 1918
  • Day(s) On Site: 52
  • Sale Type: ForeclosureTrustee
  • Subdivision: M B FISHERS ADD
  • Source Status: Marketing
  • Deed Category: NFS

Public Records

  • Bedrooms: 2
  • Baths: 1
  • Full Baths: 1
  • Rooms: 5
  • No. of Stories: 1
  • Basement Sqft: 928
  • Parking: DETACHED GARAGE
  • Parking Sqft: 190
  • Heating Fuel: GAS
  • Heating Type: CENTRAL
  • Roof Material: ASPHALT SHINGLE
  • Land Area Sqft: 5,280
  • Year Built: 1918
  • APN: 12-10-11-177-017.000-021
  • Property Type: Single Family Residence
  • Township: CENTER TOWNSHIP
  • Front Footage: 40
  • Depth Footage: 132
  • Living Sqft: 928
  • Garage: DETACHED
  • Subdivision: M B FISHERS ADD
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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: 11-23-2022

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Rental Value

The estimated rental value for E Washington St located in Frankfort, IN is $830/month. Comparable homes around E Washington St that are rentals have monthly ranges starting as low as $710 per month and as high as $950 per month. An owner looking to use this property as an investment could bring a return in the area of $710 - $950 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.


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Homes On This Street
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E Washington St
Frankfort, IN 46041

2 Beds   1 Bath   928 sq. ft.

$106,115 EMV

Status: Inactive Listing ID: 58704986

Property Information

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Public Records

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=E-Washington-St-Frankfort-IN-46041/58704986_lid

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