3 Beds 1,264 Sq. Ft.
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Overcrest Dr
Indianapolis, IN 46237

Status: Inactive
Listing ID: 56977272

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Property Information

  • Bedrooms: 3
  • Living Area Size: 1,264
  • Year Built: 1979
  • Source ID: 21334846
  • Day(s) On Site: 62
  • Parcel Number: 3008429
  • Plaintiff: BRADFORD PLACE HOMEOWNERS ASSOCIATION INC
  • Defendant Name: MELISSA ANN HELSBY
  • Case Number: 49D07-2105-CC-017396
  • Trustee Name: EADS MURRAY AND PUGH PC
  • Trustee Address: 9515 E 59TH ST B
  • Trustee City: INDIANAPOLIS
  • Trustee State: IN
  • Trustee Zip: 46216
  • Trustee Phone: (317) 536-2565
  • Trustee Reference Number: 12-17-21--032
  • Deed Category: NFS

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Public Records

  • Bedrooms: 3
  • Rooms: 8
  • No. of Stories: 2
  • Parking: ATTACHED GARAGE
  • Air Conditioning: CENTRAL
  • Fireplaces: MASONRY
  • Construction Type: MASONRY
  • Heating Type: WARM AIR
  • Roof Material: ASPHALT SHINGLE
  • Land Area Sqft: 1,307
  • Year Built: 1979
  • APN: 49-15-03-101-004.000-300
  • Property Type: Condominium
  • Living Sqft: 1,264
  • 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: 12-17-2021
  • Auction Address: 200 E WASHINGTON STREET
  • Auction City: INDIANAPOLIS

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Listing History

Start Date End Date Listing Type Bank Name
11/29/21 12/17/21 Preforeclosure Bradford Place Homeowners A...

Indianapolis, IN
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Overcrest Dr
Indianapolis, IN 46237

3 Beds 1,264 sq. ft.

 

Status: Inactive Listing ID: 56977272

Property Information

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Public Records

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Property Description

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Listing URL

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