4 Beds   1.5 Baths   1,622 Sq. Ft.   Single-Family
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N Indiana Ave
Kokomo, IN 46901

Status: Inactive
Listing ID: 56830646

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Property Information

  • Bedrooms: 4
  • Bathrooms: 1.5
  • Living Area Size: 1,622
  • Year Built: 1874
  • Comments: Invest with success and buy through Auction.com. This foreclosure investment property is a great opportunity to rehab and flip for potential profit or rent out for long-term income. This 1,622 square feet property features 4 beds and 1.5 baths. It is located in Howard County in the city of Kokomo. Be ready to bid and buy at auction on 12-14-2021. Visit Auction.com to find additional property details, time-saving reports, and important auction information.
  • Day(s) On Site: 81
  • Property Type: Single Family Dwelling
  • Deed Category: NFS
  •  

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Public Records

  • Bedrooms: 4
  • Baths: 1.5
  • Full Baths: 1
  • Half Baths: 1
  • Rooms: 6
  • No. of Stories: 1
  • Parking: ATTACHED GARAGE
  • Parking Sqft: 660
  • Air Conditioning: CENTRAL
  • Heating Fuel: GAS
  • Heating Type: WARM AIR
  • Roof Material: ASPHALT SHINGLE
  • Land Area Sqft: 8,712
  • Year Built: 1874
  • APN: 34-03-25-181-001.000-002
  • Property Type: Single Family Residence
  • Township: CENTER TOWNSHIP
  • Front Footage: 66
  • Depth Footage: 132
  • Living Sqft: 1,622
  • Garage: ATTACHED
  •  

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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Address: N Indiana Ave Kokomo IN 46901

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Auction Information

  • Minimum Bid: $45,760
  • Auction Date: 12-14-2021

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Listing History

Start Date End Date Listing Type Bank Name
11/10/21 12/14/21 Preforeclosure U S BANK
06/18/21 12/14/21 Preforeclosure US Bank NA

Homes On This Street
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N Indiana Ave
Kokomo, IN 46901

4 Beds   1.5 Baths   1,622 sq. ft.   Single-Family

 

Status: Inactive Listing ID: 56830646

Property Information

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Public Records

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Property Description

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Listing URL

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