3 Beds   1 Bath   2,088 Sq. Ft.
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S Park Ave
Rensselaer, IN 47978


This Preforeclosure is located at S Park Ave, Rensselaer, IN 47978. It has 3 Beds, 1 Bath , 2,088 sqft of living space. This property is currently in auction.
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Status: Inactive
Listing ID: 56793517

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Property Information

  • Bedrooms: 3
  • Bathrooms: 1
  • Living Area Size: 2,088
  • Source ID: 21301352
  • Day(s) On Site: 305
  • Parcel Number: 37-07-30-000-001.011-027
  • Plaintiff: U S BANK
  • Defendant Name: FILSON RONALD D
  • Case Number: 37D01-2101-MF-000009
  • Trustee Name: PHILLIP A NORMAN
  • Trustee Address: 2110 CALUMET AVENUE
  • Trustee City: VALPARAISO
  • Trustee State: IN
  • Trustee Zip: 46383
  • Trustee Phone: (219) 462-5104
  • Deed Category: NFS
  • Mortgage Balance: $39,691

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Public Records

  • Bedrooms: 3
  • Baths: 1
  • Full Baths: 1
  • Rooms: 6
  • No. of Stories: 1
  • Basement Sqft: 1,248
  • Pool: YES
  • Heating Fuel: GAS
  • Heating Type: CENTRAL
  • Roof Material: ASPHALT SHINGLE
  • Land Area Sqft: 12,632
  • APN: 37-07-30-000-001.011-027
  • Property Type: Single Family Residence
  • Front Footage: 52
  • Depth Footage: 250
  • Living Sqft: 2,088


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.


Auction Information

  • Auction Date: 12-01-2021
  • Auction Time: 10:00 AM
  • Auction Address: 2171 N MCKINLEY AVE
  • Auction City: RENSSELAER
  • Auction Zip: 47978

    Loan Information

  • Mortgage Balance: $39,691

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S Park Ave
Rensselaer, IN 47978

3 Beds   1 Bath   2,088 sq. ft.


Status: Inactive Listing ID: 56793517

Property Information

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Public Records

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Property Description

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