Martinsville FORECLOSURE LISTINGS

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

Featured Foreclosure Listings in Martinsville, IN

Martinsville Home Foreclosure Listing ID: 1998949

Foreclosure

Martinsville, IN - 46151

2 Bd | 1 Ba | $32,000.00

Martinsville Home Foreclosure Listing ID: 2105739

Foreclosure

Martinsville, IN - 46151

3 Bd | 1 Ba | $34,900.00

Martinsville Home Foreclosure Listing ID: 2147205

Foreclosure

Martinsville, IN - 46151

3 Bd | 1.5 Ba | $46,000.00

Martinsville Home Foreclosure Listing ID: 2147288

Foreclosure

Martinsville, IN - 46151

4 Bd | 3 Ba | $62,100.00

Martinsville Home Foreclosure Listing ID: 2128616

Foreclosure

Martinsville, IN - 46151

4 Bd | 3 Ba | $252,777.00

Total: 14
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
7 Photos
CEDAR RUN DR Martinsville IN 46151 Foreclosures 4 3 $252,777.00 Details
2
18 Photos
S ST CLAIR ST Martinsville IN 46151 Foreclosures 2 1 $32,000.00 Details
3
10 Photos
N RHODES RD Martinsville IN 46151 Foreclosures 4 3 $62,100.00 Details
4
13 Photos
CHERRY DR Martinsville IN 46151 Foreclosures 3 1.5 $46,000.00 Details
5
3 Photos
PERRY RD Martinsville IN 46151 Foreclosures 3 1 $34,900.00 Details
6
5 Photos
VALLEY DR Martinsville IN 46151 Foreclosures 4 3 $65,900.00 Details
7
2 Photos
S HARRIET ST Martinsville IN 46151 Foreclosures 3 1.5 - Details
8
12 Photos
RIVERVIEW DR Martinsville IN 46151 Foreclosures 3 2 $103,000.00 Details
9
9 Photos
MOUNT OLIVE LN Martinsville IN 46151 Foreclosures 3 2 $138,000.00 Details
10
18 Photos
WHITEHORSE LN Martinsville IN 46151 Foreclosures 3 2 $193,000.00 Details
11
2 Photos
CASH RD Martinsville IN 46151 Auctions 2 1 $71,000.00 Details
12
9 Photos
HENDERSON FORD RD Martinsville IN 46151 Foreclosures 3 1 $51,900.00 Details
13
8 Photos
S MULBERRY ST Martinsville IN 46151 Foreclosures 2 1 $55,000.00 Details
14 -
0 Photo
BYRAM BLVD Martinsville IN 46151 Foreclosures 3 2 - Details
About our Listings

How to Buy Martinsville Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Martinsville, IN starts with finding listings. By browsing Martinsville 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 Martinsville, IN.

>> See more info about how to Buy foreclosures

How to Invest in Martinsville Foreclosures

How to invest foreclosure

Martinsville 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 Martinsville real estate investing bargains, you'll have to assess several properties and decide which has the most potential for Martinsville 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 Martinsville 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 Martinsville

Foreclosure home

Foreclosures happen on all kinds of real estate, so a list of foreclosed homes in Martinsville 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 Martinsville, IN. There are even chances to buy land, farms, and ranches, sites for mobile homes, and Martinsville 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.

Martinsville Banks Foreclosures

Bank Foreclosure

Martinsville bank owned homes can be a great way for buyers to find cheap properties. When bank foreclosures in Martinsville, 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 Martinsville bank owned foreclosures. These offers are either accepted or rejected. For this reason, many people find buying bank owned homes for sale in Martinsville Indiana to be similar to buying from an agent. Check our Martinsville bank foreclosure listings and find discount properties.

>> See more info about bank foreclosures

Martinsville Government Foreclosures

Government Foreclosure

Martinsville 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 Martinsville IN are another popular type of foreclosure, as are VA foreclosures in Martinsville, which are available from the Veterans Affairs Department for especially great deals. Check our Martinsville government foreclosure listings.

>> See more info about govermment foreclosures

Martinsville Pre-Foreclosures

Foreclosure

PreForeclosures in Martinsville are properties that are in default, but have not yet gone to foreclosure sale. The foreclosure period begins when the homeowner is issued a Martinsville 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

Martinsville Foreclosure Auctions

Foreclosure Auction

Most Martinsville 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 Martinsville, 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 Martinsville, IN. We offer a comprehensive Martinsville foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Martinsville, Indiana

Find Home Foreclosure Listings in Martinsville, IN

Martinsville 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 Martinsville, 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 Martinsville Indiana, best affordable foreclosure condo in Martinsville, cheap apartments for sale, bargain foreclosed homes for sale in Martinsville, IN and earn huge savings on the homes YOU want to buy!

Our Martinsville Foreclosure Lists

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

You can also search Camby foreclosure listings and Monrovia foreclosure listings for more properties in the neighboring area.



Martinsville, IN

As of 2011, Martinsville's population is 11,782 people. Since 2000, it has had a population growth of 0. 68 percent. The median home cost in Martinsville is $101,000. Home appreciation the last year has been -1. 43 percent. Compared to the rest of the country, Martinsville's cost of living is 13. 10% Lower than the U. S. average. Martinsville public schools spend $4,369 per student. The average school expenditure in the U. S. is $5,678. There are about 18 students per teacher in Martinsville. The unemployment rate in Martinsville is 9. 10 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Martinsville jobs have Decreased by 1. 73 percent. Average Commute time is 29 minutes. The National Average is 28 minutes.

Peoplemartinsville, inUS
Population11,782307,829,557
Pop Density2,56687
Pop Change0.68%9.34%
Median Age37.136.6
Households4,631116,329,167
Household Size2.462.58
Male Population49.51%49.31%
Female Population50.49%50.69%
Married Population48.26%47.15%
Single Population51.74%52.85%
Estimated Households By Household Incomemartinsville, inUS
Income Less Than 15k16.92%12.10%
Income Between 15k And 25k15.58%10.18%
Income Between 25k And 35k14.04%10.56%
Income Between 35k And 50k17.35%14.98%
Income Between 50k And 75k20.42%19.53%
Income Between 75k And 100k8.28%12.52%
Income Between 100k And 150k4.79%12.14%
Income Between 150k And 250k0.92%3.91%
Income Between 250k And 500k1.59%3.34%
Income Greater Than 500k0.11%0.75%
Economymartinsville, inUS
Unemployment Rate9.10%9.10%
Recent Job Growth-1.73%-0.12%
Future Job Growth27.44%31.25%
Sales Taxes6.00%6.80%
Income Taxes3.40%6.25%
Income Per Cap$19,625$27,067
Household Income$38,164$52,954
Housingmartinsville, inUS
Median Home Age46.435.1
Median Home Cost$101,000$175,100
Home Appreciation-1.43%-3.15%
Homes Owned58.55%59.90%
Housing Vacant7.66%10.37%
Homes Rented33.78%29.73%
Property Tax Rate$7.39$11.20
Owner Occupied Housing Units By Valuemartinsville, inUS
Less Than 20k6.54%2.65%
20k To 399993.73%3.76%
40k To 599995.42%4.99%
60k To 7999914.61%6.01%
80k To 9999922.78%7.27%
100k To 14999928.95%19.24%
150k To 19999910.54%14.67%
200k To 2999993.59%18.09%
300k To 3999992.10%9.14%
400k To 4999990.75%4.94%
500k To 7499990.24%5.42%
750k To 9999990.24%2.03%
1kk Or More0.51%1.77%
Educationmartinsville, inUS
School Expend$4,369$5,678
Pupil Teacher Ratio1814.9
Students Per Librarian355803
Students Per Counselor631513
2 Yr College Grad5.37%7.47%
4 Yr College Grad6.90%17.42%
Graduate Degrees5.51%10.12%
High School Grads74.69%84.72%
Crimemartinsville, inUS
Violent Crime54
Property Crime104
Housing Units By Year Structure Builtmartinsville, inUS
1999 To 20056.89%13.71%
1995 To 19986.59%8.54%
1990 To 19946.57%5.77%
1980 To 19898.30%13.87%
1970 To 197914.75%16.17%
1960 To 196911.39%11.70%
1950 To 195911.93%11.08%
1940 To 19498.26%6.02%
1939 Or Earlier25.33%13.15%

Table Information