$27,900

4 Beds   2 Baths   2,082 Sq. Ft.
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Madison Ave
Akron, OH 44320

*Rental Value Coming Soon

Overview

This Foreclosure is located at Madison Ave, Akron, OH 44320. It has 4 Beds 2 Baths , 2,082 sqft of living space. This property is currently bank owned.
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Status: Active
Listing ID: 55522094
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Homes near Madison Ave in Akron, Ohio


Learn about Madison Ave in Akron, OH

This property is available as a foreclosure at Madison Ave. This property features 4 bedrooms and 2 bathrooms, perfect for investment and/or your personal residence. With 2,082 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 Akron, specifically for Madison Ave 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 Madison Ave are updated daily along with others in Akron, Ohio, ensuring you have the most current and accurate information. Since this property is a foreclosure, be sure to check out our Foreclosure Timeline for Madison Ave 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

Madison Ave in Akron Ohio Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

Find out more about this property on Madison Ave
View Foreclosure Status
07/09/20
Bank owned
The lender has taken ownership of this property through a foreclosure auction for the amount of $27,900. 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.

What is the city of Akron, OH like?

Akron is a vibrant city located in Northeastern Ohio, known for its rich history and contributions to the rubber and tire industries. With a diverse population and a mixture of urban and suburban living, Akron provides a variety of lifestyles for residents.

The city is home to various parks, cultural institutions, and recreational facilities. The downtown area offers shopping, dining, and entertainment options, making it an attractive place for young professionals and families alike.

Education is a priority in Akron, with access to several public and private schools, as well as universities such as The University of Akron. The area also emphasizes outdoor activities with numerous trails, parks, and recreation centers to promote an active lifestyle.

Nearby Schools

There are 4 schools in the area. Nearby schools include Firestone Community Learning Center and Ellet High School.

Firestone Community Learning Center
Ellet High School
National Inventors Hall of Fame STEM Middle School
Crouse Elementary School

Nearby Attractions

There are plenty of activities near this property like Akron Art Museum, Stan Hywet Hall & Gardens, and more.

Akron Art Museum
Stan Hywet Hall & Gardens
Akron-Summit County Public Library
Children's Hospital Medical Center of Akron

What kind of public transportation is there?


Public transportation options include: Metro Regional Transit Authority (RTA) offers bus services throughout Akron and surrounding areas, providing residents with access to major destinations.. Other services include ride-sharing services like Uber and Lyft.

Nearby Parks


Parks nearby include Summit Lake Park, Cascade Valley Park and more.

Summit Lake Park
Cascade Valley Park
Hardesty Park
Furnas 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
Frontier
Rental Chart
View Rental and Market Value
for Madison Ave in Akron Ohio
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Property Information

Public Records

Community & Neighborhood

This property in Akron, OH is located in the Schumacher Point Subdivision.


Foreclosure

The property located at Madison Ave in Akron, OH is listed as a Foreclosure

Properties like Madison Ave in Akron, Ohio 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 Akron, OH. The longer lenders own properties like this on Madison Ave, 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

Credit Information Center

County Information

Document Center

Listing History

Foreclosure
02/29/24 - 03/03/24

The property has moved into foreclosure proceedings. The lender is likely preparing the home for auction or repossession.

Status: Inactive

Foreclosure
07/09/20 - - Present

Status: Active

Foreclosure
10/07/19 - 02/10/20

Status: Inactive

Foreclosure
08/04/19 - 05/27/20

Status: Inactive

Foreclosure
04/26/19 - 07/06/19

Status: Inactive

Preforeclosure

DEUTSCHE BANK NATIONAL TRUST COMPANY

03/18/19 - 04/26/19

The owner is behind on payments and has entered preforeclosure. It may still be possible to avoid foreclosure or sell early.

Status: Inactive

Similar Homes Nearby Akron, OH


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Madison Ave
Akron, OH 44320

4 Beds   2 Baths   2,082 sq. ft.

$27,900

Status: Active Listing ID: 55522094

Property Information

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Public Records

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Property Description

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Listing URL

https://www.foreclosure.com/listing/address.html?address=Madison-Ave-Akron-OH-44320/55522094_lid

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