3 Beds   1 Bath   1,792 Sq. Ft.
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N State Road 162
Santa Claus, IN 47579

Overview

This Preforeclosure is located at N State Road 162, Santa Claus, IN 47579. It has 3 Beds, 1 Bath , 1,792 sqft of living space. This property is currently in auction.
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Status: Inactive
Listing ID: 57635705

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Property Information

  • Bedrooms: 3
  • Bathrooms: 1
  • Living Area Size: 1,792
  • Year Built: 1945
  • Source ID: 21532451
  • Day(s) On Site: 153
  • Parcel Number: 74-02-36-400-025.000-003
  • Defendant Name: ALEX W BYERS
  • Plaintiff: THE HUNTINGTON NATIONAL BANK
  • Case Number: 74C01-2110-MF-000592
  • Trustee Name: NICHOLAS SMITH
  • Trustee Address: P O BOX 165028
  • Trustee City: COLUMBUS
  • Trustee State: OH
  • Trustee Zip: 43216
  • Trustee Phone: (614) 222-4921
  • Trustee Reference Number: 31800-15
  • Deed Category: NFS
  • Mortgage Balance: $93,854

Potential Home Value

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Public Records

  • Bedrooms: 3
  • Baths: 1
  • Full Baths: 1
  • Rooms: 6
  • No. of Stories: 1
  • Basement Sqft: 672
  • Parking: ATTACHED GARAGE
  • Parking Sqft: 324
  • Air Conditioning: CENTRAL
  • Heating Type: CENTRAL
  • Roof Material: ASPHALT SHINGLE
  • Land Area Sqft: 22,216
  • Effective Year Built: 1945
  • Year Built: 1932
  • APN: 74-02-36-400-025.000-003
  • Property Type: Single Family Residence
  • Township: CARTER TOWNSHIP
  • Living Sqft: 1,792
  • 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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Auction Information

  • Auction Date: 07-19-2022
  • Auction Time: 10:00 AM
  • Auction Address: 120 NORTH 2ND STREET
  • Auction City: ROCKPORT
  • Auction Zip: 47635

    Loan Information

  • Mortgage Balance: $93,854

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N State Road 162
Santa Claus, IN 47579

3 Beds   1 Bath   1,792 sq. ft.

 

Status: Inactive Listing ID: 57635705

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-State-Road-162-Santa-Claus-IN-47579/57635705_lid

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