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Bank Owned Foreclosure Search

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FORECLOSURES

Foreclosures, or bank-owned homes, continue to offer buyers a once-in-a-lifetime opportunity to own a dream home. But not always. Before you decide on a foreclosed property, be sure you know what you're getting into. Some things to keep in mind about buying a bank-owned home:

  • Foreclosures are generally sold "as-is". It's imperative that you order a home inspection before you commit to buying a foreclosure so that you know exactly what repairs are necessary. This can save a lot of money and huge headaches down the road. You'll also need to have money set aside for necessary repairs.
  • Don't expect perfection. Foreclosed properties can be in rough shape, although not always. Be prepared to look beyond surface issues to the diamond in the rough.
  • Don't be afraid to ask. Although banks don't often agree to repairs or other concessions, sometimes it doesn't hurt to ask.
  • Research, patience, and persistence are important ingredients when purchasing a foreclosure. The help of an experienced real estate agent never hurts, either, since a good agent should be well-informed about the local real estate market and the foreclosure process.

RECENT INDIANAPOLIS FORECLOSURES

8573 N 700  E, Indianapolis image
8573 N 700 E, Indianapolis $207,500

Great location! Great opportunity! Trilevel home with 4 bedrooms on .68 of an acre with an attached two car garage, large out building(converted and expanded previous det...

  • 4 Beds
  • 2 Baths
Courtesy of Dollens Real Estate, Inc

Listing courtesy of Dollens Real Estate, Inc.

4942 Carry Back Lane, Indianapolis image
4942 Carry Back Lane, Indianapolis $226,900

Conveniently located in Southeast Indianapolis, this home showcases a beautiful brick Fireplace in the Great Room and a spacious Kitchen with an undermounted sink, stainl...

  • 3 Beds
  • 2 Baths
Courtesy of Keller Williams Indy Metro S

Listing courtesy of Keller Williams Indy Metro S.

5127 Seerley Creek Road, Indianapolis image
5127 Seerley Creek Road, Indianapolis $199,900

Find your own haven on the Southwest side of Indianapolis. A private Deck provides a foliage sanctuary in your own Backyard. Vaulted ceilings add to the already large roo...

  • 3 Beds
  • 2 Baths
Courtesy of Keller Williams Indy Metro S

Listing courtesy of Keller Williams Indy Metro S.

6151 Old Mill Drive, Indianapolis image
6151 Old Mill Drive, Indianapolis $269,900

Spacious home with freshly painted interior and new flooring. Features include a large family room with a fireplace, separate living room, kitchen with appliances, large ...

  • 4 Beds
  • 2 Baths
Courtesy of Carpenter, REALTORS®

Listing courtesy of Carpenter, REALTORS®.

4030 Hollow Creek Drive, Indianapolis image
4030 Hollow Creek Drive, Indianapolis $289,500

Very nice 4 bedroom, 2 1/2 bath home with big fenced back yard. Lots of space with a formal living room, separate dining room, and a family room with a wood burning firep...

  • 4 Beds
  • 3 Baths
Courtesy of Carpenter, REALTORS®

Listing courtesy of Carpenter, REALTORS®.

833 N Parker Avenue, Indianapolis image
833 N Parker Avenue, Indianapolis $224,900 ▼

Come bask in this charming stucco style home located east of downtown Indy and just a couple miles away from the Bottleworks District and many more local attractions. The...

  • 4 Beds
  • 2 Baths
Courtesy of Diverse Property Solutions Ind

Listing courtesy of Diverse Property Solutions Ind.

3169 Normandy Road, Indianapolis image
3169 Normandy Road, Indianapolis $105,000

Incredible upside on this Ranch-style home in Eagledale/Wayne Township. Borders neighborhood park and school complex. Attached Carport/Garage Area provides covered parkin...

  • 3 Beds
  • 1 Baths
Courtesy of Keller Williams Indy Metro S

Listing courtesy of Keller Williams Indy Metro S.

5402 Brendonridge Road, Indianapolis image
5402 Brendonridge Road, Indianapolis $313,500

Split level ranch nestled on large corner lot. 5 minutes from shopping, resturants and a grocery store. Near Cathedral High School and Arlington Middle School. Close to 4...

  • 3 Beds
  • 3 Baths
Courtesy of Vylla Home

Listing courtesy of Vylla Home.

6928 Grandview Drive, Indianapolis image
6928 Grandview Drive, Indianapolis $259,900 ▼

Move in ready 3 bedroom, 2 bath home on corner lot. This brick ranch has been totally refreshed with new paint and carpeting inside. Features include a formal living room...

  • 3 Beds
  • 2 Baths
Courtesy of Carpenter, REALTORS®

Listing courtesy of Carpenter, REALTORS®.

3708 Dorval Place, Indianapolis image
3708 Dorval Place, Indianapolis $179,900 ▼

Stunning price on this 2-story home in Pike Township. Easy access to transportation, employment. Nice, secluded area yet still in the heart of all it all. Appears to have...

  • 3 Beds
  • 2 Baths
Courtesy of Keller Williams Indy Metro S

Listing courtesy of Keller Williams Indy Metro S.

1853 N Coolidge Avenue, Indianapolis image
1853 N Coolidge Avenue, Indianapolis $130,000

Ton of potential with this adorable ranch home on a double lot! Large flowing floor plan on main level with 2 bedrooms and 2 Baths. Tons of potential to finish the baseme...

  • 2 Beds
  • 2 Baths
Courtesy of Elite Indy Realty Group

Listing courtesy of Elite Indy Realty Group.

2012 Central Avenue, Indianapolis image
2012 Central Avenue, Indianapolis $449,900 ▼

Exquisite Historic home nestled along the tree lined street in Herron-Morton with high ceilings, open concept, gorgeous updates throughout including all new windows. The ...

  • 3 Beds
  • 2 Baths
Courtesy of Ala Carte Realty

Listing courtesy of Ala Carte Realty.

3106 Newton Avenue, Indianapolis image
3106 Newton Avenue, Indianapolis $62,500 ▼

A solid home in an area of growth and changes with the new Justus Campus near by along with new apartments, businesses and the like. This darling gem is bigger than some ...

  • 2 Beds
  • 1 Baths
Courtesy of Artisan, REALTORS®

Listing courtesy of Artisan, REALTORS®.

6506 Oakview Drive, Indianapolis image
6506 Oakview Drive, Indianapolis $205,200 ▼

Beautiful stone sprawling ranch in mature neighborhood with Pike Twp schools. 3 bedroom 2 bath with large fenced in yard. Original hardwood floors and large room sizes ma...

  • 3 Beds
  • 2 Baths
Courtesy of Elite Indy Realty Group

Listing courtesy of Elite Indy Realty Group.

215 N Oakland Avenue, Indianapolis image
215 N Oakland Avenue, Indianapolis $219,500 ▼

Incredible FULL renovation on this Craftsman in popular neighborhood. Lots of nearby revitalization. Short walk to Purdue Polytechnic, Neidhammer's, Willard Park & all th...

  • 3 Beds
  • 2 Baths
Courtesy of Keller Williams Indy Metro S

Listing courtesy of Keller Williams Indy Metro S.

Information Deemed Reliable But Not Guaranteed. © 2023 Metropolitan Indianapolis Board of REALTORS®

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