4 Beds   3 Baths   2,212 Sq. Ft.

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N 500 W
Lake Village, IN 46349

Status: Inactive
Listing ID: 56608203

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Property Information

  • Bedrooms: 4
  • Bathrooms: 3
  • Living Area Size: 2,212
  • Year Built: 2004
  • Source ID: 21244963
  • Subdivision: VILLAGE WOODS ESTATE
  • Defendant Name: MICHAEL GATTON
  • Case Number: 56C01-1912-MF-1319
  • Deed Category: NFS
  • Mortgage Balance: $241,578

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Public Records

  • Bedrooms: 4
  • Baths: 3
  • Full Baths: 3
  • Rooms: 7
  • No. of Stories: 2
  • Parking: ATTACHED GARAGE
  • Parking Sqft: 576
  • Air Conditioning: CENTRAL
  • Pool: ABOVE GROUND
  • Heating Type: WARM AIR
  • Roof Material: ASPHALT SHINGLE
  • Land Area Sqft: 22,002
  • Year Built: 2004
  • APN: 56-04-20-222-005.004-012
  • Property Type: Single Family Residence
  • Township: LAKE TOWNSHIP
  • Front Footage: 100
  • Depth Footage: 220
  • Living Sqft: 2,212
  • Garage: ATTACHED
  • Subdivision: VILLAGE WOODS ESTATE
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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: 10-28-2021
  • Auction Time: 10:00 AM
  • Auction Address: 304 E. SEYMOUR ST
  • Auction City: KENTLAND

    Loan Information

  • Mortgage Balance: $241,578

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N 500 W
Lake Village, IN 46349

4 Beds   3 Baths   2,212 sq. ft.

 

Status: Inactive Listing ID: 56608203

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=N-500-W-Lake-Village-IN-46349/56608203_lid

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