$122,016 EMV

Get the Preforeclosure Address

Hill Grove Rd Sw
Corydon, IN 47112

Overview

This is located at Hill Grove Rd Sw, Corydon, IN 47112. 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.
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Status: Inactive
Listing ID: 59218175

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Rental Chart
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Property Information

  • Source ID: 21829196
  • Day(s) On Site: 68
  • Parcel Number: 31-13-34-200-021000-007
  • Plaintiff: Regions Bank
  • Defendant Name: MICHAEL J LEWIS
  • Case Number: 31C01-2204-MF-000023
  • Trustee Name: FEIWELL AND HANNOY PC
  • Trustee City: INDIANAPOLIS
  • Trustee Address: 251 N ILLINOIS STREET #1700
  • Trustee State: IN
  • Trustee Zip: 46204
  • Trustee Phone: (317) 237-2727
  • Trustee Reference Number: 22108-29
  • Deed Category: NFS
  • Mortgage Balance: $65,003

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: 03-15-2023
  • Auction Time: 11:30 AM
  • Auction Address: 1445 Gardner Lane NW
  • Auction City: Corydon

    Loan Information

  • Mortgage Balance: $65,003

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Rental Value

The estimated rental value for Hill Grove Rd Sw located in Corydon, IN is $952/month. Comparable homes around Hill Grove Rd Sw that are rentals have monthly ranges starting as low as $780 per month and as high as $1,092 per month. An owner looking to use this property as an investment could bring a return in the area of $780 - $1,092 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.

Listing History

Start Date End Date Listing Type Bank Name
03/07/23 03/15/23 Preforeclosure
01/16/23 03/15/23 Preforeclosure Regions Bank Dba Regions Mo...

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Homes On This Street
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Hill Grove Rd Sw
Corydon, IN 47112

$122,016 EMV

Status: Inactive Listing ID: 59218175

Property Information

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=Hill-Grove-Rd-Sw-Corydon-IN-47112/59218175_lid

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