MAIN LA FONTAINE, IN 46940

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Description

This is an REO, meaning this property has been foreclosed on because the owner couldn't meet their payments. The bank now owns this property. Most banks are not set up to own homes, and are often motivated to sell you the home at a discounted price.

INVESTORS! FIXER UPPER! 3-4 bedrooms, all one level, Large kitchen, living room, dining. 2 full baths. Front wrap porch and rear porch leading out to the one car detached garage, fenced rear yard. Selling as-is, furnace and water heater condition unknown, both located in the basement, gas furnace date of installation was 2008, electric water heater (outside cellar door). Baths have been previously updated. Hardwood floors. Taxes are higher currently since the property doesn't have any exemptions filed. New owner most likely will have exemptions to file with court house and have a lower property tax base. Property will not pass FHA, VA, USDA.