$57,460 EMV

Get the Preforeclosure Address

S Galeston Ave
Indianapolis, IN 46229


This Land is located at S Galeston Ave, Indianapolis, IN 46229. This listing is NOT an active listing. It has This property is currently in pre-foreclosure with an estimated market value of $57,460
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Status: Inactive
Listing ID: 57530363

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Property Information

  • Living Area Size: 0
  • Lot Size: 0.03 acres
  • Source ID: 18855243
  • Day(s) On Site: 212
  • Parcel Number: 49-09-05-102-195.001-700
  • Property Type: Land
  • Plaintiff: Jpmorgan Chase Bank NA
  • Defendant Name: MARGARET E CAPLINGER
  • Case Number: 49D13-2202-MF-004838
  • Recording Date: 02-15-2022
  • Trustee Phone: (614) 220-5611
  • Deed Category: LP

Potential Home Value

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Public Records

  • Land Area Sqft: 129,809
  • APN: 49-09-05-102-195.001-700
  • Property Type: Vacant
  • Front Footage: 10
  • Depth Footage: 130


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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Rental Value

The estimated rental value for S Galeston Ave located in Indianapolis, IN is $940/month. Comparable homes around S Galeston Ave that are rentals have monthly ranges starting as low as $850 per month and as high as $1,110 per month. An owner looking to use this property as an investment could bring a return in the area of $850 - $1,110 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.

Listing History

Start Date End Date Listing Type Bank Name
10/12/19 10/11/20 Tax Lien

Indianapolis, IN
Home Inspectors
Joseph M. Holland
BPG Inspection LLC
Rob Rehm
AllCheck Inspections
Jason Satterthwaite

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Homes On This Street
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S Galeston Ave
Indianapolis, IN 46229


$57,460 EMV

Status: Inactive Listing ID: 57530363

Property Information

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Public Records

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Property Description

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Listing URL


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