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113 N Arch St, New Carlisle, IN

Fannie MaeReal EstateπŸ“New Carlisle, IN

List Price

$180,000

Availability

For sale

Price history

since Jun 9

$239,900βˆ’$59,900 (βˆ’25%)$180,000
Pre-bid checklist3/9

The property

From the seller's description. Not a guarantee of condition.

Market demand: Real Estate in Indiana sell about 3% of the time. Based on 130 completed sales over the last year.

Appraised valueFixed price
$180,000
Fannie Mae lists this HomePath home at an appraised market value, not an auction starting bid.
  • β€’This is the asking price set from that appraisal, not a below-market auction bid - a fair price for the home, not a guaranteed bargain.
  • β€’The real edge of a government REO is a clean sale: clear, insurable title with any past-due property taxes settled at closing.
  • β€’Sold as-is with no seller repairs, so budget an inspection and repairs on top of the price.

The appraisal reflects the home's condition when it was inspected; values change over time. Not an independent valuation or investment advice - always inspect and confirm the numbers before you make an offer.

Title and tax regime in IndianaClear title
This is a government REO sale, not a tax sale. The two convey title very differently.
  • β€’This listing: conveys with clear, insurable title. Past-due property taxes are settled at closing by the seller, there is no redemption period, and no former owner can reclaim it.
  • β€’County tax sales in Indiana: Indiana is a tax lien state. The county sells the unpaid tax debt, not the house. You buy a certificate that earns interest, and you only get the property if the owner never repays. The former owner then has 1 year to reclaim the property. Title here usually needs a quiet-title action before it is insurable or resellable. None of that applies to this listing.

We do not estimate what a specific property owes. Lien and back-tax amounts live in county records and only a title search returns the real number, so any figure produced without one is a guess you should not bid against. Compare all 51 state tax-sale regimes. State-level rules, not legal advice.

Seller

Fannie Mae

Condition: REO / sold as-is

Full Description

Fannie Mae HomePath REO property at 113 N Arch St, IN 46552. Single Family, 4 bed, 2 bath, 1,816 sqft, built 1860. Sold as-is by Fannie Mae.

Pickup information

New Carlisle, IN 46552

Fannie Mae

Appraised valueFixed price
$180,000
Fannie Mae lists this HomePath home at an appraised market value, not an auction starting bid.
  • β€’This is the asking price set from that appraisal, not a below-market auction bid - a fair price for the home, not a guaranteed bargain.
  • β€’The real edge of a government REO is a clean sale: clear, insurable title with any past-due property taxes settled at closing.
  • β€’Sold as-is with no seller repairs, so budget an inspection and repairs on top of the price.

The appraisal reflects the home's condition when it was inspected; values change over time. Not an independent valuation or investment advice - always inspect and confirm the numbers before you make an offer.

Title and tax regime in IndianaClear title
This is a government REO sale, not a tax sale. The two convey title very differently.
  • β€’This listing: conveys with clear, insurable title. Past-due property taxes are settled at closing by the seller, there is no redemption period, and no former owner can reclaim it.
  • β€’County tax sales in Indiana: Indiana is a tax lien state. The county sells the unpaid tax debt, not the house. You buy a certificate that earns interest, and you only get the property if the owner never repays. The former owner then has 1 year to reclaim the property. Title here usually needs a quiet-title action before it is insurable or resellable. None of that applies to this listing.

We do not estimate what a specific property owes. Lien and back-tax amounts live in county records and only a title search returns the real number, so any figure produced without one is a guess you should not bid against. Compare all 51 state tax-sale regimes. State-level rules, not legal advice.

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