$540,666 EMV

3 Beds   3 Baths   3,942 Sq. Ft.   Single-Family
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New Haven Dr
Westfield, IN 46074


This Single-Family Preforeclosure is located at New Haven Dr, Westfield, IN 46074. It has 3 Beds, 3 Baths , 3,942 sqft of living space. This property is currently in pre-foreclosure with an estimated market value of $540,666.
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Status: Active
Listing ID: 59112017
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Learn about New Haven Dr in Westfield, IN

This single-family property is available as a preforeclosure at New Haven Dr. It has 3 bedrooms, 3 bathrooms, and 3,942 square feet of living space. Based on our analysis of the current market conditions in Westfield for New Haven Dr and comparable listings, the estimated market value is $540,666. If purchased for rental purposes, the monthly rental rate could range between $1,980 and $2,420. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at New Haven Dr are updated daily along with others in Westfield, Indiana. Since this property is a preforeclosure, check out our Foreclosure Timeline for New Haven Dr below to see helpful information about this listing.

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New Haven Dr in Westfield Indiana Property History

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The property located at New Haven Dr in Westfield, IN is listed as a Preforeclosure

The process of preforelcosure with properties like New Haven Dr in Westfield, Indiana begin 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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Rental Value

The estimated rental value for New Haven Dr located in Westfield, IN is $2,200/month. Comparable homes around New Haven Dr that are rentals have monthly ranges starting as low as $1,980 per month and as high as $2,420 per month. An owner looking to use this property as an investment could bring a return in the area of $1,980 - $2,420 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.

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New Haven Dr
Westfield, IN 46074

3 Beds   3 Baths   3,942 sq. ft.   Single-Family

$540,666 EMV

Status: Active Listing ID: 59112017

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