$162,345 EMV

2 Beds   1 Bath   1,000 Sq. Ft.   Single-Family
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Lakelawn Dr
Lindstrom, MN 55045

Overview

This Single-Family Foreclosure is located at Lakelawn Dr, Lindstrom, MN 55045. It has 2 Beds 1 Bath , 1,000 sqft of living space. This property is currently bank owned with an estimated market value of $162,345.
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Status: Active
Listing ID: 61732037
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Homes near Lakelawn Dr in Lindstrom, Minnesota


Learn about Lakelawn Dr in Lindstrom, MN

This single-family property is available as a foreclosure at Lakelawn Dr. This property features 2 bedrooms and 1 bathrooms, perfect for investment and/or your personal residence. With 1,000 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 Lindstrom, specifically for Lakelawn Dr and comparable listings. Based on this expert analysis, the estimated market value is $162,345. If purchased for rental purposes, the monthly rental rate could range between $1,171 and $1,430, providing a solid return on investment. Factors considered in this calculation include the property location, condition, status, and convenience, all assessed by our experienced professionals. Properties like this one on Lakelawn Dr are updated daily along with others in Lindstrom, Minnesota, ensuring you have the most current and accurate information. Since this property is a foreclosure, be sure to check out our Foreclosure Timeline for Lakelawn Dr below to see detailed and helpful information about what stage of the foreclosure process this listing is in.


Buy this home for as little as

Plus with taxes and insurance

Based on 20% down, 30 year mortgage, with 6% APR

Principal
Interest
Property Taxes
Homeowners Insurance
Total Monthly Ownership Cost

All calculations are estimates provided for informational purposes. Actual amounts may vary by location. It is important to know that mortgage rates are dependent on credit scores, loan timeline, and a down payment amount.

Foreclosure Timeline

Lakelawn Dr in Lindstrom Minnesota Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

Find out more about this property on Lakelawn Dr
View Foreclosure Status
03/23/24
Bank owned
Properties listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.

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What is the city of Lindstrom, MN like?

Lindstrom, Minnesota, is a charming small town known for its stunning lakes, friendly community, and a laid-back lifestyle. The town offers abundant outdoor activities, including fishing, boating, and hiking, making it an ideal location for nature enthusiasts.

The area boasts a variety of local shops, cozy cafes, and restaurants, contributing to its quaint charm. The city hosts several community events throughout the year, fostering a close-knit atmosphere where residents engage and support each other.

Education is highly valued in Lindstrom, and families appreciate the quality schools in the region, providing a solid foundation for children's growth. Golf courses and parks enhance the recreational opportunities, encouraging residents to stay active.

Nearby Schools

There are 3 schools in the area. Nearby schools include Lindstrom Elementary School and Chisago Lakes Middle School.

Lindstrom Elementary School
Chisago Lakes Middle School
Chisago Lakes High School

Nearby Attractions

There are plenty of activities near this property like Lindstrom Public Library, Chisago Lakes Community Center, and more.

Lindstrom Public Library
Chisago Lakes Community Center
HealthEast Care System

What kind of public transportation is there?


Public transportation options include: Local Dial-a-Ride transit option for residents, Regular bus services connecting to larger cities nearby. Other services include ride-sharing services like Uber and Lyft.

Nearby Parks


Parks nearby include Lindstrom City Park, Chisago Lake Park and more.

Lindstrom City Park
Chisago Lake Park
Bonnie Lake Park

Cellular & Internet Providers


Services available in the area include cellular and internet options.

Cellular Providers

Verizon
AT&T
T-Mobile

Internet Providers

Xfinity
CenturyLink
TDS Telecom
Rental Chart
View Rental and Market Value
for Lakelawn Dr in Lindstrom Minnesota
View Market Value

Property Information

Foreclosure

The property located at Lakelawn Dr in Lindstrom, MN is listed as a Foreclosure

Properties like Lakelawn Dr in Lindstrom, Minnesota listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers through a local real estate agent or auction house in Lindstrom, MN. The longer lenders own properties like this on Lakelawn Dr, the more eager they become to sell, often at reduced prices.

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:

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Contact Information

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County Information

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Rental Value

The estimated rental value for Lakelawn Dr located in Lindstrom, MN is $1,301/month. Comparable homes around Lakelawn Dr that are rentals have monthly ranges starting as low as $1,171 per month and as high as $1,430 per month. An owner looking to use this property as an investment could bring a return in the area of $1,171 - $1,430 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.

Listing History

Start Date End Date Listing Type Bank Name
03/23/24   Foreclosure
11/24/23 01/11/24 Preforeclosure New American Funding LLC
12/02/10 12/20/10 Foreclosure
07/30/10 09/09/10 Foreclosure
04/27/10 05/18/10 Foreclosure
01/16/10 02/17/10 Auction
12/15/09 01/18/10 Foreclosure
08/19/09 09/19/09 Auction
05/06/09 01/21/11 Foreclosure
04/23/09 10/26/09 Foreclosure
07/06/07 08/04/08 For Sale By Owner

Similar Homes Nearby Lindstrom, MN


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Lakelawn Dr
Lindstrom, MN 55045

2 Beds   1 Bath   1,000 sq. ft.   Single-Family

$162,345 EMV

Status: Active Listing ID: 61732037

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Property Description

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Listing URL

https://www.foreclosure.com/listing/address.html?address=Lakelawn-Dr-Lindstrom-MN-55045/61732037_lid

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