Foreclosure for Sale on S Illinois St, Indianapolis, IN 46225

Foreclosures โ€บ Indiana โ€บ Marion โ€บ Indianapolis โ€บ S Illinois St
Pre-foreclosure property at S Illinois St, Indianapolis, IN 46225. 4 bed 1 bath 528 sq ft Marion County foreclosure listing.
Pre-foreclosure Active 1 days on market
S Illinois St, Indianapolis, IN 46225
Price TBD
Marion County ยท Indiana
4
Bedrooms
1
Bathrooms
528
Sq ft
1900
Year built
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Property details
Listing type Preforeclosure
Property type MultiFamily
Bedrooms 4
Bathrooms 1
Living area 528 sq ft
Year built 1900
County Marion County
State Indiana
ZIP 46225
Days on Market 1 days
Listing ID 66228052
About this property

This home in Indianapolis, IN is in preforeclosure, which means the homeowner is in default (missed payments). Therefore, there could be an opportunity to strike a great deal with the owner and the bank.

๐Ÿ“Š Marion County Market ยท Updated daily
Active Listings
2,782
Avg. Est. Value
$164,975
Bank-Owned (REO)
328
Pre-Foreclosures
2,454

2,736 active foreclosure listings in Indianapolis, IN.

Browse all Marion County foreclosures โ†’
โ“ Frequently Asked Questions
This is a pre-foreclosure property. The homeowner is behind on mortgage payments but the property has not yet been auctioned. Buyers can negotiate directly with the owner, arrange financing, and conduct a full inspection โ€” often at a price below market value.
Click "View full listing & bid" above to access complete auction details, contact information, and bidding tools through our foreclosure.com partner. You can also work with a licensed real estate attorney or broker familiar with Marion County foreclosures for additional guidance on the purchase process.
There are currently 2,736 active foreclosure listings in Indianapolis, IN. Land.net updates foreclosure data daily across all 50 states.
Before buying any foreclosure, research: (1) title history and any liens that may survive the sale, (2) property condition โ€” most foreclosures sell as-is with no repairs, (3) delinquent property taxes which are a senior lien, (4) HOA fees and any delinquent assessments, (5) flood zone status using FEMA maps, and (6) occupancy status โ€” eviction may be required if the property is occupied.
๐ŸŒŠ Flood Zone ยท FEMA NFHL

Check the official FEMA flood map for this property's flood zone designation and risk level.

Check FEMA Flood Map โ†’
๐Ÿฆ Mortgage estimate
Est. monthly payment (P&I + tax + insurance)
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๐Ÿ“ Location Map ยท Indianapolis, IN Open in Google Maps โ†’
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๐Ÿ˜๏ธ Neighborhood Profile ยท ZIP 46225 ยท U.S. Census ACS
Population
5,416
Median Age
32.2 yrs
Households
2,214
Median Household Income
$44,961
Median Home Value
$108,800
Median Rent
$946/mo
Owner-Occupied
52% of homes
Vacancy Rate
30% of units
Unemployment Rate
10.2%

~19% of residents hold a bachelor’s degree or higher.

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2022)
๐Ÿซ Schools ยท NCES 2024โ€“25
Schools in ZIP 46225
๐ŸŽ“ High
Christel House DORS Charter
Grades 9โ€“12ยทIndianapolis ZIP 46225
Christel House Watanabe Manual High School Charter
Grades 9โ€“12ยทIndianapolis ZIP 46225

Source: NCES CCD 2024โ€“25 ยท nces.ed.gov

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