3 Beds   1 Bath   952 Sq. Ft.   Single-Family
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W Olive St
Bruceville, IN 47516

Overview

This Single-Family Preforeclosure is located at W Olive St, Bruceville, IN 47516. It has 3 Beds, 1 Bath , 952 sqft of living space. This property is currently in auction.
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Status: Inactive
Listing ID: 44506616

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Property Information

  • Bedrooms: 3
  • Bathrooms: 1
  • Living Area Size: 952
  • Garage Description: DETACHED
  • Total Rooms: 5
  • Levels: 1
  • Air Conditioning: Central
  • Year Built: 1915
  • Source ID: 15380387
  • Estimated Value: $53,926
  • Day(s) On Site: 2961
  • Subdivision: BARR ADD
  • Assessed Value: $35,800
  • Parcel Number: 020-007-D185-002-005
  • Property Type: Single Family Dwelling
  • Defendant Name: CRAIG E MORAN
  • Plaintiff: THE BANK OF NEW YORK MELLON
  • Case Number: 42D01-1210-MF-000029
  • Trustee Address: 9247 N MERIDIAN ST
  • Trustee Name: BLEECKER BRODEY AND ANDREWS
  • Trustee City: INDIANAPOLIS
  • Trustee State: IN
  • Trustee Zip: 46260
  • Trustee Phone: (317) 574-0700
  • Trustee Reference Number: 42-14-0072-SS
  • Deed Category: NTS
  • Mortgage Balance: $56,066
  •  

Potential Home Value

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Public Records

  • Bedrooms: 3
  • Baths: 1
  • Full Baths: 1
  • Rooms: 5
  • No. of Stories: 1
  • Basement Sqft: 714
  • Parking: DETACHED GARAGE/CARPORT
  • Parking Sqft: 336
  • Air Conditioning: CENTRAL
  • Construction Type: WOOD FRAME/CONCRETE BLOCK
  • Heating Fuel: GAS
  • Heating Type: CENTRAL
  • Roof Material: ASPHALT SHINGLE
  • Land Area Sqft: 6,075
  • Year Built: 1915
  • APN: 42-07-21-403-033.000-020
  • Property Type: Single Family Residence
  • Township: WASHINGTON TOWNSHIP
  • Front Footage: 81
  • Depth Footage: 75
  • Living Sqft: 952
  • Garage: DETACHED GARAGE/CARPORT
  • Subdivision: BARR ADD
  •  

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: 08-06-2014
  • Auction Time: 10:00 AM
  • Auction Address: 2375 S OLD DECKER ROAD
  • Auction City: VINCENNES

    Loan Information

  • Mortgage Balance: $56,066

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Listing History

Start Date End Date Listing Type Bank Name
10/15/21   Tax Lien
foreclosure.com

W Olive St
Bruceville, IN 47516

3 Beds   1 Bath   952 sq. ft.   Single-Family

 

Status: Inactive Listing ID: 44506616

Property Information

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Public Records

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Property Description

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Listing URL

https://static.foreclosure.com/listing/index.html?&listingid=44506616

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