2 Beds   1 Bath   919 Sq. Ft.
Get the Preforeclosure Address

N 3rd St
Knoxville, IA 50138


This Preforeclosure is located at N 3rd St, Knoxville, IA 50138. It has 2 Beds, 1 Bath , 919 sqft of living space. This property is currently in auction.
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Status: Inactive
Listing ID: 56547885

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Property Information

  • Bedrooms: 2
  • Bathrooms: 1
  • Living Area Size: 919
  • Year Built: 1921
  • Source ID: 21317305
  • Day(s) On Site: 389
  • Subdivision: NORTH KNOXVILLE
  • Defendant Name: JODY L MORGAN
  • Case Number: EQCV097513
  • Trustee Name: ROBERT J DOUGLAS
  • Trustee Address: 4201 WESTOWN PARKWAY SUITE 300
  • Trustee City: WEST DES MOINES
  • Trustee State: IA
  • Trustee Zip: 50266
  • Trustee Phone: (515) 288-2500
  • Deed Category: NFS
  • Mortgage Balance: $62,848

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Public Records

  • Bedrooms: 2
  • Baths: 1
  • Full Baths: 1
  • Land Area Sqft: 12,197
  • Year Built: 1921
  • APN: 0955000000
  • Property Type: Single Family Residence
  • Living Sqft: 919
  • Subdivision: NORTH KNOXVILLE


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: 12-07-2021
  • Auction Time: 11:00 AM
  • Auction Address: 211 N GODFREY LANE
  • Auction City: KNOXVILLE

    Loan Information

  • Mortgage Balance: $62,848

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Listing History

Start Date End Date Listing Type Bank Name
03/08/21 09/04/21 Preforeclosure Iowa Bankers Mortgage Corpo...

N 3rd St
Knoxville, IA 50138

2 Beds   1 Bath   919 sq. ft.


Status: Inactive Listing ID: 56547885

Property Information

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Public Records

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Property Description

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