2 Beds   2 Baths   900 Sq. Ft.   Single-Family
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Buchanan St
Gary, IN 46408

*Rental Value Coming Soon

Overview

This Single-Family is located at Buchanan St, Gary, IN 46408. This listing is NOT an active listing. Updates to this listing have stopped. This listing may be off the market. No further information is available at this time. It has 2 Beds, 2 Baths , 900 sqft of living space.
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Status: Inactive
Listing ID: 57747422

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Property Information

  • Bedrooms: 2
  • Bathrooms: 2
  • Living Area Size: 900
  • Lot Size: 0.12 acres
  • Year Built: 1950
  • Source ID: 18765571
  • Day(s) On Site: 234
  • Parcel Number: 45-08-21-357-021.000-004
  • Property Type: Single Family Dwelling
  • Plaintiff: Fifth Third Bank NA
  • Defendant Name: ESTATE OF FRANCES HODGES DECEASED
  • Case Number: 45D04-2204-MF-000295
  • Recording Date: 04-05-2022
  • Trustee Name: WELTMAN WEINBERG & REIS CO LPA
  • Trustee Phone: (513) 723-2200
  • Deed Category: LP

Public Records

  • Bedrooms: 2
  • Baths: 1.5
  • Full Baths: 1
  • Half Baths: 1
  • Rooms: 5
  • No. of Stories: 1
  • Basement Sqft: 900
  • Parking: DETACHED GARAGE
  • Parking Sqft: 484
  • Construction Type: BRICK/STONE
  • Heating Fuel: GAS
  • Heating Type: WARM AIR
  • Roof Material: ASPHALT SHINGLE
  • Land Area Sqft: 5,227
  • Year Built: 1950
  • APN: 45-08-21-357-021.000-004
  • Property Type: Single Family Residence
  • Township: CALUMET TOWNSHIP
  • Front Footage: 40
  • Depth Footage: 126
  • Living Sqft: 1,800
  • Basement Finish Type: FINISHED
  • Garage: DETACHED
  •  

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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Listing History

Start Date End Date Listing Type Bank Name
09/15/22   Preforeclosure
09/18/21 09/18/22 Tax Lien

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Buchanan St
Gary, IN 46408

2 Beds   2 Baths   900 sq. ft.   Single-Family

 

Status: Inactive Listing ID: 57747422

Property Information

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Public Records

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Property Description

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Listing URL

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