4 Beds   2.5 Baths   2,154 Sq. Ft.   Single-Family
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Andean Drive
Lockbourne, OH 43137

*Rental Value Coming Soon

Overview

This Single-Family Preforeclosure is located at Andean Drive, Lockbourne, OH 43137. It has 4 Beds 2.5 Baths , 2,154 sqft of living space. This property is currently in auction.
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Status: Active
Listing ID: 63729654
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Notice of Public Foreclosure Auction

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Learn about Andean Drive in Lockbourne, OH

This single-family property is available as a preforeclosure at Andean Drive. This property features 4 bedrooms and 2.5 bathrooms, perfect for investment and/or your personal residence. With 2,154 square feet of living space, you can enjoy sizable rooms for comfortable living and flexibility in the common areas for family gatherings. Our team of real estate experts has conducted a thorough analysis of the current market conditions in Lockbourne, specifically for Andean Drive and comparable listings. Based on this expert analysis, 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, all assessed by our experienced professionals. Properties like this one on Andean Drive are updated daily along with others in Lockbourne, Ohio, ensuring you have the most current and accurate information. Since this property is a preforeclosure, be sure to check out our Foreclosure Timeline for Andean Drive below to see detailed and helpful information about what stage of the foreclosure process this listing is in.


Foreclosure Timeline

Andean Drive in Lockbourne Ohio Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

Find out more about this property on Andean Drive
View Preforeclosure Status
06/24/25
Lis Pendens issued
The owner of this property was served a notice of lis pendens for missed mortgage payments.

Auction.com Online Auction

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Address: Andean Drive Lockbourne OH 43137

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To participate in the event, please visit Auction.com for more information. Whether you're looking for your next investment or a place to live, take your pick of thousands of properties available all over the country. Browse through a broad range of properties, and search by city, state, zip code or property ID.

What is the city of Lockbourne, OH like?

Lockbourne is a small village located in Franklin County, Ohio, offering a tranquil suburban lifestyle. The area is notably residential, providing a peaceful environment that is ideal for families and retirees alike. With its proximity to Columbus, residents have easy access to urban amenities while enjoying the serenity of a small community.

The natural landscape around Lockbourne features parklands and outdoor spaces, promoting an active lifestyle for its residents. Outdoor activities such as hiking, biking, and picnicking are popular among locals. Additionally, the area is home to several recreational facilities, making it suitable for family outings.

Education is a priority in Lockbourne, with access to quality schools and institutions that serve the community. The village also has a close-knit community feel, with events and social gatherings encouraging resident interaction. This fosters a sense of belonging, making Lockbourne an attractive option for homebuyers.

Nearby Schools

There are 3 schools in the area. Nearby schools include Lockbourne Elementary School and Groveport Madison High School.

Lockbourne Elementary School
Groveport Madison High School
Whitehall Yearling High School

Nearby Attractions

There are plenty of activities near this property like Lockbourne Community Center, Franklin County Public Library, and more.

Lockbourne Community Center
Franklin County Public Library
Riverside Methodist Hospital

What kind of public transportation is there?


Public transportation options include: COTA bus service providing access to downtown Columbus, Ride-sharing services available in the area. Other services include ride-sharing services like Uber and Lyft.

Nearby Parks


Parks nearby include Lockbourne Park, Pioneer Park and more.

Lockbourne Park
Pioneer Park
Blacklick Woods Metro Park

Cellular & Internet Providers


Services available in the area include cellular and internet options.

Cellular Providers

Verizon
AT&T
T-Mobile

Internet Providers

Spectrum
AT&T
Windstream
Rental Chart
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Property Information

Preforeclosure

The property located at Andean Drive in Lockbourne, OH is listed as a Preforeclosure

This listing located at Andean Drive in Lockbourne, OH could be available as a Rent-to-Own listing as well, additional diligence will be required from the buyer to determine if this listing can be approved as a RTO.

Please take note that this property in Lockbourne, Ohio is not listed as a Rent-to-Own (RTO) opportunity. It is currently in an initial default stage in Lockbourne, OH, commonly referred to as Pre-Foreclosure, indicating that the homeowner has missed at least one payment and is considered delinquent. However, instead of going through a potentially lengthy foreclosure process, which could take up to 18 months, the homeowner may be open to considering a Rent-to-Own option that covers their mortgage.

Since Pre-Foreclosure properties are not formally listed for sale, there is no asking price available. Instead, you’ll find either the original loan balance or an Estimated Market Value (EMV) provided. To make a reasonable offer for this home, it’s advisable to use either the loan balance or EMV amount in conjunction with local sale price comparables to determine an appropriate offer. Alternatively, the homeowner might be willing to work with you on a monthly amount that can help them avoid the foreclosure process.

You may also want to check with a real estate attorney or other legal authority to discuss the potential risks of executing a Rent-to-Own agreement with the current Pre-foreclosure owner. If the current owner in Lockbourne, Ohio doesn't make their mortgage payments, they could lose the property which would directly affect you and your Rent-to-Own agreement.

For this reason, many buyers find a real estate investor or investment company to buy a Pre-Foreclosure property from the current owner. The investor/investment company could then offer you a Rent-to-Own agreement on that property that you worked out with them in advance, which could stabilize the investment and prevent complications.

This is an important legal concept to understand before moving forward

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

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Credit Information Center

County Information

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Listing History

Start Date End Date Listing Type Bank Name
06/24/25   Preforeclosure

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Andean Drive
Lockbourne, OH 43137

4 Beds   2.5 Baths   2,154 sq. ft.   Single-Family

 

Status: Active Listing ID: 63729654

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