3 Beds   1 Bath   Single-Family
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Main Street
Clarks Hill, IN 47930

*Rental Value Coming Soon


This Single-Family is located at Main Street, Clarks Hill, IN 47930. 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 3 Beds, 1 Bath.
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Status: Inactive
Listing ID: 40739323
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Learn about Main Street in Clarks Hill, IN

This single-family property is available as a short sale at Main Street. Based on our analysis of the current market conditions in Clarks Hill for Main Street and comparable listings, the estimated market value is still being calculated. If purchased for rental purposes, this property might present an opportunity to make monthly rental income. The rental value will be updated on this listing soon. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Main Street are updated daily along with others in Clarks Hill, Indiana.

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Property Information

  • Price: $55,000
  • Bedrooms: 3
  • Bathrooms: 1
  • Full Baths: 1
  • Basement: Yes
  • Total Square Feet: 1,408
  • Lot Size: 0.17 acres
  • Style: Ranch
  • Fireplace: Yes
  • Heating Type: Forced Air
  • Air Conditioning: Central A/C
  • Year Built: 1950
  • Source ID: 376540
  • Day(s) On Site: 3589
  • School District: Tippecanoe School Corp.
  • Elementary School: Cole
  • Junior High School: Wainwright
  • Senior High School: Mc Cutcheon
  • Property Type: Single Family Dwelling

Short Sale

The property located at Main Street in Clarks Hill, IN is listed as a Short Sale

Short sale properties like Main Street in Clarks Hill, Indiana represent tremendous opportunity to you as a buyer because they are aggressively priced to sell well below or just at fair market value. Existing homeowners are typically distressed and eager to sell for less than what is owed on their mortgages. They are "underwater" and either can no longer afford their mortgage payments or are simply unwilling to continue to make them for various reasons.

First Steps to Buying a Short Sale

Short sales often present opportunities for real estate investors to purchase property at below market prices. A short sale occurs when the mortgage lender on a property agrees to give a release for less than the amount owed on the loan. This usually occurs when the loan on the property becomes delinquent and is headed toward foreclosure. An alert property owner who knows he is facing foreclosure is well advised to keep an open line of communication with his lender. And the lender is well advised to keep an open mind to the consequences of a loan default and the benefits of agreeing to a short sale. When the lender and property owner can agree on a short sale price, the owner can advertise that the property is a short sale and can list it accordingly. Such listings attract a lot of attention and can expedite the sale of the property.


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Listing History

Start Date End Date Listing Type Bank Name
11/30/21 12/04/21 Foreclosure
05/21/13 05/23/13 Short Sale

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Main Street
Clarks Hill, IN 47930

3 Beds   1 Bath   Single-Family


Status: Inactive Listing ID: 40739323

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