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N State Road 43
Solsberry, IN 47459

*Rental Value Coming Soon

Overview

This Preforeclosure is located at N State Road 43, Solsberry, IN 47459. This property is currently in auction.
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Status: Active
Listing ID: 63709656
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Learn about N State Road 43 in Solsberry, IN

This property is available as a preforeclosure at N State Road 43. Our team of real estate experts has conducted a thorough analysis of the current market conditions in Solsberry, specifically for N State Road 43 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 N State Road 43 are updated daily along with others in Solsberry, Indiana, ensuring you have the most current and accurate information. Since this property is a preforeclosure, be sure to check out our Foreclosure Timeline for N State Road 43 below to see detailed and helpful information about what stage of the foreclosure process this listing is in.


Foreclosure Timeline

N State Road 43 in Solsberry Indiana Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

Find out more about this property on N State Road 43
View Preforeclosure Status
06/23/25
Lis Pendens issued
The owner of this property was served a notice of lis pendens for missed mortgage payments.

This Property Has An Auction

Get up-to-date information and real-time property status updates:

Address: N State Road 43 Solsberry IN 47459

Auction Time Left

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The countdown is usually accurate but not exact. To be safe, place bids 2 hours before the bidding ends.

What is the city of Solsberry, IN like?

Solsberry is a quaint, small town located in Monroe County, Indiana, offering residents a tranquil rural lifestyle. The area is beloved for its beautiful landscapes, friendly community, and proximity to larger cities like Bloomington, which provides access to additional amenities and services.

The town boasts several local parks that offer residents various recreational opportunities including hiking, picnicking, and nature trails. Additionally, the peaceful environment makes Solsberry an attractive choice for those seeking a suburban lifestyle with easy access to larger urban centers.

In terms of education, Solsberry is served by several quality schools that offer a strong academic curriculum and various extracurricular activities. Families are drawn to this area for its focus on community values and educational opportunities.

Nearby Schools

There are 3 schools in the area. Nearby schools include Solsberry Elementary School and Bloomfield High School.

Solsberry Elementary School
Bloomfield High School
Eastern Greene High School

Nearby Attractions

There are plenty of activities near this property like Solsberry Community Center, Bloomfield Public Library, and more.

Solsberry Community Center
Bloomfield Public Library
Grocery Outlet

What kind of public transportation is there?


Public transportation options include: Monroe County public bus service operates routes connecting Solsberry with Bloomington and surrounding areas., Limited rideshare services are available; however, most residents rely on personal transportation.. Other services include ride-sharing services like Uber and Lyft.

Nearby Parks


Parks nearby include Solsberry Park, Smithville Park and more.

Solsberry Park
Smithville Park
Greene-Sullivan State Forest

Cellular & Internet Providers


Services available in the area include cellular and internet options.

Cellular Providers

Verizon
AT&T
T-Mobile

Internet Providers

Smithville Fiber
AT&T
Comcast
Rental Chart
View Rental and Market Value
for N State Road 43 in Solsberry Indiana
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Property Information

Preforeclosure

The property located at N State Road 43 in Solsberry, IN is listed as a Preforeclosure

This listing located at N State Road 43 in Solsberry, IN 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 Solsberry, Indiana is not listed as a Rent-to-Own (RTO) opportunity. It is currently in an initial default stage in Solsberry, IN, 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 Solsberry, Indiana 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.

Read more...

Auction Information

Loan Information

Legal Information

Credit Information Center

County Information

Document Center

Listing History

Start Date End Date Listing Type Bank Name
06/23/25   Preforeclosure Navy Federal Credit Union
06/19/25   Preforeclosure NAVY FEDERAL CREDIT UNION
02/18/25 04/08/25 Preforeclosure Navy Federal Credit Union
02/17/25 04/08/25 Preforeclosure NAVY FEDERAL CREDIT UNION
12/13/23 02/13/24 Preforeclosure NAVY FEDERAL CREDIT UNION
12/11/23 02/13/24 Preforeclosure Navy Federal Credit Union
08/11/22 02/23/23 Bankruptcy

Similar Homes Nearby Solsberry, IN


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N State Road 43
Solsberry, IN 47459

 

Status: Active Listing ID: 63709656

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Listing URL

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