3 Beds   2 Baths   1,482 Sq. Ft.
Get the Preforeclosure Address

E Pennsylvania St
Shelbyville, IN 46176

Overview

This Preforeclosure is located at E Pennsylvania St, Shelbyville, IN 46176. It has 3 Beds, 2 Baths , 1,482 sqft of living space. This property is currently in auction.
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Status: Inactive
Listing ID: 52256626

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Property Information

  • Bedrooms: 3
  • Bathrooms: 2
  • Living Area Size: 1,482
  • Source ID: 20083030
  • Day(s) On Site: 1242
  • Improvement Value: $44,500
  • Subdivision: R&MCF PENN
  • Assessed Value: $52,000
  • Land Value: $7,500
  • Parcel Number: 73-07-32-400-046.000-002
  • Plaintiff: US BANK
  • Defendant Name: PERKINS DONALD
  • Case Number: 73D01-1801-MF-000005
  • Trustee Name: MARINOSCI LAW GROUP PC
  • Trustee Address: 2110 NORTH CALUMET AVENUE
  • Trustee City: VALPARAISO
  • Trustee State: IN
  • Trustee Zip: 46383
  • Trustee Phone: (219) 462-5104
  • Deed Category: NFS
  • Mortgage Balance: $84,752
  •  

Potential Home Value

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Public Records

  • Bedrooms: 3
  • Baths: 2
  • Full Baths: 2
  • Rooms: 6
  • No. of Stories: 1
  • Heating Fuel: GAS
  • Heating Type: CENTRAL
  • Roof Material: ASPHALT SHINGLE
  • Land Area Sqft: 6,000
  • APN: 73-07-32-400-046.000-002
  • Property Type: Single Family Residence
  • Township: ADDISON TOWNSHIP
  • Front Footage: 50
  • Depth Footage: 120
  • Living Sqft: 1,482
  • Subdivision: R&MCF PENN

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: 05-02-2019
  • Auction Time: 10:00 AM
  • Auction Address: 25 W POLK ST
  • Auction City: SHELBYVILLE

    Loan Information

  • Mortgage Balance: $84,752

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Shelbyville, IN
Home Inspectors
Anchor Home Inspections
Thomas Elliott
317-699-0064
Homes On This Street
View more homes on E Pennsylvania St
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E Pennsylvania St
Shelbyville, IN 46176

3 Beds   2 Baths   1,482 sq. ft.

 

Status: Inactive Listing ID: 52256626

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=52256626

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