$187,483 EMV

4 Beds   1.5 Baths   2,412 Sq. Ft.   Single-Family
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S Elm St
North Vernon, IN 47265

Overview

This Single-Family Foreclosure is located at S Elm St, North Vernon, IN 47265. It has 4 Beds 1.5 Baths , 2,412 sqft of living space. This property is currently bank owned with an estimated market value of $187,483.
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Status: Active
Listing ID: 63640719
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Learn about S Elm St in North Vernon, IN

This single-family property is available as a foreclosure at S Elm St. This property features 4 bedrooms and 1.5 bathrooms, perfect for investment and/or your personal residence. With 2,412 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 North Vernon, specifically for S Elm St and comparable listings. Based on this expert analysis, the estimated market value is $187,483. If purchased for rental purposes, the monthly rental rate could range between $980 and $1,321, 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 S Elm St are updated daily along with others in North Vernon, Indiana, ensuring you have the most current and accurate information. Since this property is a foreclosure, be sure to check out our Foreclosure Timeline for S Elm St below to see detailed and helpful information about what stage of the foreclosure process this listing is in.


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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

S Elm St in North Vernon Indiana Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

Find out more about this property on S Elm St
View Foreclosure Status
04/21/25
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.
04/28/25
Lis Pendens issued
The owner of this property was served a notice of lis pendens for missed mortgage payments.

What is the city of North Vernon, IN like?

North Vernon is a charming small town located in Jennings County, Indiana. The town boasts a vibrant community atmosphere, with friendly locals and a close-knit feel. Residents enjoy a slower pace of life while still having access to essential amenities and services.

The area is known for its family-friendly environment, with a range of recreational activities available. There are various parks, including the popular Perrin Park, perfect for picnicking and outdoor sports. The town is also host to several local events throughout the year, fostering a sense of community.

Educational opportunities are strong in North Vernon, with several schools serving the community and a commitment to supporting students in their academic pursuits. The town’s affordability, with reasonable housing prices, makes it an attractive location for both families and real estate investors.

Nearby Schools

There are 4 schools in the area. Nearby schools include North Vernon Elementary School and Jennings County High School.

North Vernon Elementary School
Jennings County High School
Bryan Middle School
North Vernon Christian Academy

Nearby Attractions

There are plenty of activities near this property like Jennings County Public Library, North Vernon Community Center, and more.

Jennings County Public Library
North Vernon Community Center
St. Vincent Jennings Hospital

What kind of public transportation is there?


Public transportation options include: Limited public transit options; primarily reliant on personal vehicles, Local taxi services are available for transportation needs. Other services include ride-sharing services like Uber and Lyft.

Nearby Parks


Parks nearby include Perrin Park, North Vernon City Park and more.

Perrin Park
North Vernon City Park
Lions Park

Cellular & Internet Providers


Services available in the area include cellular and internet options.

Cellular Providers

Verizon
AT&T
T-Mobile

Internet Providers

AT&T
Comcast Xfinity
Frontier
Rental Chart
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for S Elm St in North Vernon Indiana
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Property Information

Public Records

Community & Neighborhood

This property in North Vernon, IN is located in the Overmeyers Addition Subdivision.


Foreclosure

The property located at S Elm St in North Vernon, IN is listed as a Foreclosure

Properties like S Elm St in North Vernon, Indiana 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 North Vernon, IN. The longer lenders own properties like this on S Elm St, 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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Legal Information

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County Information

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Rental Value

The estimated rental value for S Elm St located in North Vernon, IN is $1,151/month. Comparable homes around S Elm St that are rentals have monthly ranges starting as low as $980 per month and as high as $1,321 per month. An owner looking to use this property as an investment could bring a return in the area of $980 - $1,321 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
04/28/25 07/30/25 Preforeclosure
04/21/25   Foreclosure
02/05/25 04/08/25 Preforeclosure

Similar Homes Nearby North Vernon, IN


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S Elm St
North Vernon, IN 47265

4 Beds   1.5 Baths   2,412 sq. ft.   Single-Family

$187,483 EMV

Status: Active Listing ID: 63640719

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=S-Elm-St-North-Vernon-IN-47265/63640719_lid

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