$14,900

3 Beds   2 Baths   1,316 Sq. Ft.
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Madison Ave
Evansville, IN 47713

Status: Inactive
Listing ID: 57515976

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Property Information

  • Price: $14,900
  • Bedrooms: 3
  • Bathrooms: 2
  • Living Area Size: 1,316
  • Lot Size: 0.11 acres
  • Year Built: 1918
  • Comments: Auction began on 2022-06-06.
  • Source ID: 1051655
  • Day(s) On Site: 129
  • Subdivision: MADISON PLACE
  • Deed Category: NFS

Potential Home Value

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Current Value
$14,900
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Public Records

  • Bedrooms: 3
  • Baths: 2
  • Full Baths: 2
  • Rooms: 6
  • No. of Stories: 1
  • Basement Sqft: 1,312
  • Air Conditioning: CENTRAL
  • Heating Fuel: GAS
  • Heating Type: WARM AIR
  • Roof Material: ASPHALT SHINGLE
  • Land Area Sqft: 4,792
  • Year Built: 1918
  • APN: 11-230-23-078-029
  • Property Type: Single Family Residence
  • Township: PIGEON TOWNSHIP
  • Front Footage: 37
  • Depth Footage: 130
  • Living Sqft: 1,312
  • Subdivision: MADISON PLACE
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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: 06-13-2022

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Listing History

Start Date End Date Listing Type Bank Name
04/07/16 09/01/16 Foreclosure
02/12/16 02/25/16 Preforeclosure FEDERAL NATIONAL MORTGAGE A...

Evansville, IN
Home Inspectors
Sherlock Homes Property Inspections
Charles Zehner
8124773007
Accurate Home Inspection Service LLC
Gregory A. Barnett
812-449-5324
Homes On This Street
View more homes on Madison Ave
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Madison Ave
Evansville, IN 47713

3 Beds   2 Baths   1,316 sq. ft.

$14,900

Status: Inactive Listing ID: 57515976

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=Madison-Ave-Evansville-IN-47713/57515976_lid

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