Marion FORECLOSURE LISTINGS

The market is booming! Find an affordable home through our foreclosure listings in Marion, Indiana.

Featured Foreclosure Listings in Marion, IN

Marion Home Foreclosure Listing ID: 1980511

Foreclosure

Marion, IN - 46952

5 Bd | 2.5 Ba | $19,000.00

Marion Home Foreclosure Listing ID: 2021515

Foreclosure

Marion, IN - 46952

2 Bd | 1 Ba | $28,899.00

Marion Home Foreclosure Listing ID: 1933342

Foreclosure

Marion, IN - 46953

3 Bd | 1 Ba | $29,900.00

Marion Home Foreclosure Listing ID: 1936222

Foreclosure

Marion, IN - 46953

3 Bd | 1 Ba | $65,000.00

Marion Home Foreclosure Listing ID: 2013051

Foreclosure

Marion, IN - 46953

3 Bd | 2 Ba | $89,900.00

Total: 15
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
3 Photos
S KOLDYKE DR Marion IN 46953 Foreclosures 3 1 $65,000.00 Details
2
4 Photos
W 6TH ST Marion IN 46953 Foreclosures 2 1 $14,900.00 Details
3
6 Photos
W 2ND ST Marion IN 46952 Foreclosures 5 2.5 $19,000.00 Details
4
6 Photos
W 3RD ST Marion IN 46952 Foreclosures 2 1 $28,899.00 Details
5
2 Photos
W 12TH ST Marion IN 46953 Foreclosures 3 1 $29,900.00 Details
6
1 Photo
S CLARK DR Marion IN 46953 Foreclosures 3 2 $89,900.00 Details
7
19 Photos
N 500 W Marion IN 46952 Foreclosures 3 1 $58,000.00 Details
8
1 Photo
S PENNSYLVANIA ST Marion IN 46952 Foreclosures - - $169,900.00 Details
9
2 Photos
S GALLATIN ST Marion IN 46952 Foreclosures 3 2 - Details
10
7 Photos
E 34TH ST Marion IN 46953 Auctions 3 1 - Details
11
1 Photo
S HOME AVE Marion IN 46953 Foreclosures 3 1 $24,900.00 Details
12 -
0 Photo
W WHARTON DR Marion IN 46952 Foreclosures 3 1.5 $73,900.00 Details
13 -
0 Photo
E 350 N Marion IN 46952 Foreclosures 2 1 $24,900.00 Details
14
1 Photo
S SELBY ST Marion IN 46953 Foreclosures 4 2 $52,500.00 Details
15 -
0 Photo
E BROOK DR Marion IN 46952 Foreclosures - 1 $68,900.00 Details
About our Listings

How to Buy Marion Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Marion, IN starts with finding listings. By browsing Marion foreclosure lists, you can find all kinds of properties either scheduled for sale at public foreclosure auctions or available directly from banks (known as bank-owned or REO homes). The foreclosure process moves quickly, but as long as you give yourself time to research the home that interests you, you can find fantastic deals when you buy foreclosures in Marion, IN.

>> See more info about how to Buy foreclosures

How to Invest in Marion Foreclosures

How to invest foreclosure

Marion foreclosure homes are perfect for property investors because they can be purchased for below their actual market value right off the bat. To find the best Marion real estate investing bargains, you'll have to assess several properties and decide which has the most potential for Marion foreclosure investment value. Remember, real estate investing isn't just about getting the lowest price, it's about buying desirable home in locations with the potential for future value. Don't buy the first thing you see at Marion foreclosure short sales, wait for the right property at the right price.

>> See more info about how to invest in foreclosures

Types of Foreclosures in Marion

Foreclosure home

Foreclosures happen on all kinds of real estate, so a list of foreclosed homes in Marion will have all kinds of opportunities. In addition to single family homes, you'll find lots of duplex, triplex, and multi family homes, which are great for investing. You'll find upscale townhouse and lofts, and all kinds of houses and condo foreclosures in Marion, IN. There are even chances to buy land, farms, and ranches, sites for mobile homes, and Marion apartments for sale at great discounts ll over the city. Whether you're looking for commercial or residential property, the possibilities are endless.

>> Learn more about foreclosures

Indiana Foreclosure Laws

Foreclosure law

In the state of Indiana, real estate foreclosures are judicial foreclosures, meaning that distressed properties in Indiana are handled by the legal system in the state. Typically, cases involving foreclosure houses must be approved by a court - sometimes a special foreclosure court - before they can be handled by real estate brokers and sold. The lender will file a complaint along with a Lis Pendens notice; the court will then decide if the complaint is valid. If it is, the court will issue a writ for a public auction for the property. If these properties do not sell, the lender regains possession of the home, and they become Indiana REO properties.

Marion Banks Foreclosures

Bank Foreclosure

Marion bank owned homes can be a great way for buyers to find cheap properties. When bank foreclosures in Marion, IN are not sold through a foreclosure auction, they become REO homes that are under the bank's control. Buyers must then approach banks and make offers on Marion bank owned foreclosures. These offers are either accepted or rejected. For this reason, many people find buying bank owned homes for sale in Marion Indiana to be similar to buying from an agent. Check our Marion bank foreclosure listings and find discount properties.

>> See more info about bank foreclosures

Marion Government Foreclosures

Government Foreclosure

Marion Government homes are usually foreclosures with government-sponsored mortgages, but they can also be the result of a repossession due to a government tax lien. Most commonly you'll find homes from agencies like Freddie Mac, Fannie Mae, and the USDA, which are federal homes mortgage sponsors. Like like all lenders, they offer foreclosures for sale to the public. HUD homes in Marion IN are another popular type of foreclosure, as are VA foreclosures in Marion, which are available from the Veterans Affairs Department for especially great deals. Check our Marion government foreclosure listings.

>> See more info about govermment foreclosures

Marion Pre-Foreclosures

Foreclosure

PreForeclosures in Marion are properties that are in default, but have not yet gone to foreclosure sale. The foreclosure period begins when the homeowner is issued a Marion Lis Pendens, or Notice of Default. In some cases, the homeowner may attempt to pay off their debt during this time, but bankruptcies are also often declared. Law requires that bankruptcy homes and pre foreclosures must be in the pre foreclosure stage for at least 60 days before a foreclosure auction can be scheduled, but it can still takes weeks or months for a sale to occur.

>> See more info about pre-foreclosures

Marion Foreclosure Auctions

Foreclosure Auction

Most Marion foreclosed homes are sold through Sheriff auctions. These auctions are fantastic ways to find cheap houses for sale, often at up to 50% off market value. Anyone can bid at foreclosure auctions in Marion, and the auction is overseen by the Sheriff's office or a trustee. Be sure to secure financing before you attend an auction, because a down payment on the winning bid will be required after the sale ends. Auctions are the most common and sought after way to buy repo homes in Marion, IN. We offer a comprehensive Marion foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Marion, Indiana

Find Home Foreclosure Listings in Marion, IN

Marion foreclosure listings are your ticket to the lowest prices on real estate in the city, and there's no better source for them than ForeclosureListingsNationwide.com. With our constantly updated database of foreclosure listings in Marion, IN and easy-to-use search tools, finding the properties you want is fast and effective. Spend more time comparing Los Angeles apartment foreclosures, houses for sale or investment foreclosure properties and let us take care of the hard work! Use ForeclosureListingsNationwide.com to find bankruptcy houses for sale in Marion Indiana, best affordable foreclosure condo in Marion, cheap apartments for sale, bargain foreclosed homes for sale in Marion, IN and earn huge savings on the homes YOU want to buy!

Our Marion Foreclosure Lists

You can find Marion foreclosure homes for sale which you can buy for living or investment. Simply click through our Marion foreclosure home listings to find government foreclosures and bank owned homes in Marion area. If you're searching for a deep discount or low prices on real estate then searching our Marion foreclosure lists for homes foreclosure for sale or short sale listing in Marion is your answer. Our up-to-date Marion short sale listings provide the latest investing opportunities on affordable Marion bank owned property listings, government pre foreclosure lists, Marion banrkuptcy homes and Marion HUD repossessed homes for sale which can be found at below market value. With our massive foreclosure list in Marion, you should have little trouble finding the cheapest deal on a foreclosed home in Marion, Indiana.

You can also search Jonesboro foreclosure listings and Van Buren foreclosure listings for more properties in the neighboring area.



Marion, IN

As of 2011, Marion's population is 28,525 people. Since 2000, it has had a population growth of -8. 87 percent. The median home cost in Marion is $63,400. Home appreciation the last year has been -0. 78 percent. Compared to the rest of the country, Marion's cost of living is 21. 00% Lower than the U. S. average. Marion public schools spend $5,048 per student. The average school expenditure in the U. S. is $5,678. There are about 16. 3 students per teacher in Marion. The unemployment rate in Marion is 10. 70 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Marion jobs have Decreased by 1. 38 percent. Average Commute time is 19 minutes. The National Average is 28 minutes.

Peoplemarion, inUS
Population28,525307,829,557
Pop Density2,12887
Pop Change-8.87%9.34%
Median Age3836.6
Households11,415116,329,167
Household Size2.232.58
Male Population47.03%49.31%
Female Population52.97%50.69%
Married Population39.47%47.15%
Single Population60.53%52.85%
Estimated Households By Household Incomemarion, inUS
Income Less Than 15k21.92%12.10%
Income Between 15k And 25k17.22%10.18%
Income Between 25k And 35k15.41%10.56%
Income Between 35k And 50k17.49%14.98%
Income Between 50k And 75k14.96%19.53%
Income Between 75k And 100k6.47%12.52%
Income Between 100k And 150k4.84%12.14%
Income Between 150k And 250k0.60%3.91%
Income Between 250k And 500k0.86%3.34%
Income Greater Than 500k0.23%0.75%
Economymarion, inUS
Unemployment Rate10.70%9.10%
Recent Job Growth-1.38%-0.12%
Future Job Growth26.54%31.25%
Sales Taxes6.00%6.80%
Income Taxes4.40%6.25%
Income Per Cap$17,771$27,067
Household Income$32,049$52,954
Housingmarion, inUS
Median Home Age53.635.1
Median Home Cost$63,400$175,100
Home Appreciation-0.78%-3.15%
Homes Owned48.12%59.90%
Housing Vacant17.69%10.37%
Homes Rented34.19%29.73%
Property Tax Rate$10.03$11.20
Owner Occupied Housing Units By Valuemarion, inUS
Less Than 20k7.04%2.65%
20k To 3999915.36%3.76%
40k To 5999926.16%4.99%
60k To 7999924.18%6.01%
80k To 9999911.92%7.27%
100k To 1499999.85%19.24%
150k To 1999992.58%14.67%
200k To 2999992.37%18.09%
300k To 3999990.31%9.14%
400k To 4999990.15%4.94%
500k To 7499990.04%5.42%
750k To 9999990.03%2.03%
1kk Or More0.00%1.77%
Educationmarion, inUS
School Expend$5,048$5,678
Pupil Teacher Ratio16.314.9
Students Per Librarian782803
Students Per Counselor639513
2 Yr College Grad6.45%7.47%
4 Yr College Grad9.46%17.42%
Graduate Degrees6.71%10.12%
High School Grads77.62%84.72%
Crimemarion, inUS
Violent Crime54
Property Crime74
Housing Units By Year Structure Builtmarion, inUS
1999 To 20056.76%13.71%
1995 To 19983.61%8.54%
1990 To 19942.38%5.77%
1980 To 19897.27%13.87%
1970 To 197911.27%16.17%
1960 To 196911.01%11.70%
1950 To 195918.37%11.08%
1940 To 19499.11%6.02%
1939 Or Earlier30.22%13.15%

Table Information