3 Beds   2 Baths   1,540 Sq. Ft.

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State Road 110
Argos, IN 46501

Status: Inactive
Listing ID: 56646775

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Property Information

  • Bedrooms: 3
  • Bathrooms: 2
  • Living Area Size: 1,540
  • Year Built: 1925
  • Source ID: 21255240
  • Days On Site: 93
  • Parcel Number: 50-22-35-000-013.000-007
  • Plaintiff: NEWREZ LLC
  • Defendant Name: ADDAIR BRAXTON
  • Case Number: 50C01-2006-MF-000017
  • Trustee Name: ANDREW J KRAEMER
  • Trustee City: MERRILLVILLE
  • Trustee Address: 500 WEST LINCOLN HIGHWAY SUITE J
  • Trustee State: IN
  • Trustee Zip: 46410
  • Trustee Phone: (312) 541-9710
  • Trustee Reference Number: 14872-71
  • Deed Category: NFS
  • Mortgage Balance: $129,633

Public Records

  • Bedrooms: 3
  • Baths: 2
  • Full Baths: 2
  • Rooms: 8
  • No. of Stories: 1
  • Basement Sqft: 192
  • Parking: ATTACHED GARAGE
  • Parking Sqft: 484
  • Fireplaces: STEEL
  • Heating Fuel: GAS
  • Heating Type: WARM AIR
  • Roof Material: ASPHALT SHINGLE
  • Land Area Sqft: 43,560
  • Year Built: 1925
  • APN: 50-22-35-000-013.000-007
  • Property Type: Single Family Residence
  • Township: GREEN TOWNSHIP
  • Living Sqft: 1,540
  • 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: 10-26-2021
  • Auction Time: 01:00 PM
  • Auction Address: WWW.ZEUSAUCTION.COM

    Property Classification

  • Classification Id: Notice of Foreclosure Sale
  • Classification Desc: This notice announces the date, time and other details related to a proposed public foreclosure auction. Don't scour the local newspapers or waste time at the courthouse hunting down these sales when you can easily find the latest information.

    Loan Information

  • Mortgage Balance: $129,633

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Listing History

Start Date End Date Listing Type Bank Name
08/30/21 10/26/21 Preforeclosure New Rez LLC F/K/A New Penn ...

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State Road 110
Argos, IN 46501

3 Beds   2 Baths   1,540 sq. ft.

 

Status: Inactive Listing ID: 56646775

Property Information

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Public Records

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Property Description

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Listing URL

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