Merrillville FORECLOSURE LISTINGS

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

Featured Foreclosure Listings in Merrillville, IN

Merrillville Home Foreclosure Listing ID: 1906450

Foreclosure

Merrillville, IN - 46410

2 Bd | 1 Ba | $35,824.00

Merrillville Home Foreclosure Listing ID: 2029402

Foreclosure

Merrillville, IN - 46410

3 Bd | 1 Ba | $45,000.00

Merrillville Home Foreclosure Listing ID: 2041250

Foreclosure

Merrillville, IN - 46410

3 Bd | 1 Ba | $50,000.00

Merrillville Home Foreclosure Listing ID: 2041249

Foreclosure

Merrillville, IN - 46410

3 Bd | 1.1 Ba | $85,000.00

Merrillville Home Foreclosure Listing ID: 2041251

Foreclosure

Merrillville, IN - 46410

3 Bd | 1 Ba | $143,000.00

Total: 16
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
23 Photos
W 61ST AVE Merrillville IN 46410 Foreclosures 2 1 $35,824.00 Details
2
32 Photos
W 66TH AVE Merrillville IN 46410 Foreclosures 4 2 $104,900.00 Details
3
10 Photos
W 58TH AVE Merrillville IN 46410 Foreclosures 3 1 $50,000.00 Details
4
19 Photos
MEADOW LN Merrillville IN 46410 Foreclosures 3 2 $90,000.00 Details
5
13 Photos
W 74TH AVE Merrillville IN 46410 Foreclosures 3 1 $45,000.00 Details
6
16 Photos
W 54TH AVE Merrillville IN 46410 Foreclosures 3 1.1 $85,000.00 Details
7
17 Photos
FLORIDA ST Merrillville IN 46410 Foreclosures 3 1 $143,000.00 Details
8
17 Photos
W 57TH AVE Merrillville IN 46410 Foreclosures 3 1 $132,000.00 Details
9
1 Photo
E 60TH DR Merrillville IN 46410 Foreclosures 2 2 $40,000.00 Details
10
16 Photos
GRANT ST Merrillville IN 46410 Auctions 3 1 - Details
11
6 Photos
MARSHALL ST Merrillville IN 46410 Foreclosures 3 1 $64,900.00 Details
12 -
0 Photo
W 76TH AVE Merrillville IN 46410 Foreclosures 3 2 $122,900.00 Details
13
15 Photos
W 61ST PL Merrillville IN 46410 Foreclosures 3 1 $63,900.00 Details
14 -
0 Photo
JENNINGS PL Merrillville IN 46410 Foreclosures 3 1.5 $72,900.00 Details
15 -
0 Photo
CHASE ST Merrillville IN 46410 Foreclosures 3 1 $116,900.00 Details
16
5 Photos
W 86TH LN Merrillville IN 46410 Foreclosures 3 2 $122,500.00 Details
About our Listings

How to Buy Merrillville Foreclosures

How to buy foreclosures

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

>> See more info about how to Buy foreclosures

How to Invest in Merrillville Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Merrillville Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Merrillville Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Merrillville Pre-Foreclosures

Foreclosure

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

Merrillville Foreclosure Auctions

Foreclosure Auction

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

>> See more info about foreclosure auctions

Top Zip Codes in Merrillville, Indiana

Find Home Foreclosure Listings in Merrillville, IN

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

Our Merrillville Foreclosure Lists

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

You can also search Gary foreclosure listings and Cedar Lake foreclosure listings for more properties in the neighboring area.



Merrillville, IN

As of 2011, Merrillville's population is 34,553 people. Since 2000, it has had a population growth of 13. 04 percent. The median home cost in Merrillville is $129,000. Home appreciation the last year has been -0. 70 percent. Compared to the rest of the country, Merrillville's cost of living is 12. 00% Lower than the U. S. average. Merrillville public schools spend $4,195 per student. The average school expenditure in the U. S. is $5,678. There are about 21. 3 students per teacher in Merrillville. The unemployment rate in Merrillville is 9. 00 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Merrillville jobs have Decreased by 0. 23 percent. Average Commute time is 33 minutes. The National Average is 28 minutes.

Peoplemerrillville, inUS
Population34,553307,829,557
Pop Density99787
Pop Change13.04%9.34%
Median Age39.136.6
Households13,505116,329,167
Household Size2.512.58
Male Population47.81%49.31%
Female Population52.19%50.69%
Married Population46.94%47.15%
Single Population53.06%52.85%
Estimated Households By Household Incomemerrillville, inUS
Income Less Than 15k7.86%12.10%
Income Between 15k And 25k8.16%10.18%
Income Between 25k And 35k11.17%10.56%
Income Between 35k And 50k16.29%14.98%
Income Between 50k And 75k24.52%19.53%
Income Between 75k And 100k16.93%12.52%
Income Between 100k And 150k12.05%12.14%
Income Between 150k And 250k1.44%3.91%
Income Between 250k And 500k1.42%3.34%
Income Greater Than 500k0.16%0.75%
Economymerrillville, inUS
Unemployment Rate9.00%9.10%
Recent Job Growth-0.23%-0.12%
Future Job Growth30.54%31.25%
Sales Taxes6.00%6.80%
Income Taxes4.90%6.25%
Income Per Cap$25,792$27,067
Household Income$56,622$52,954
Housingmerrillville, inUS
Median Home Age35.135.1
Median Home Cost$129,000$175,100
Home Appreciation-0.70%-3.15%
Homes Owned64.77%59.90%
Housing Vacant7.52%10.37%
Homes Rented27.70%29.73%
Property Tax Rate$10.58$11.20
Owner Occupied Housing Units By Valuemerrillville, inUS
Less Than 20k0.34%2.65%
20k To 399990.18%3.76%
40k To 599991.81%4.99%
60k To 799996.78%6.01%
80k To 9999919.56%7.27%
100k To 14999950.67%19.24%
150k To 19999914.61%14.67%
200k To 2999995.34%18.09%
300k To 3999990.40%9.14%
400k To 4999990.20%4.94%
500k To 7499990.11%5.42%
750k To 9999990.02%2.03%
1kk Or More0.00%1.77%
Educationmerrillville, inUS
School Expend$4,195$5,678
Pupil Teacher Ratio21.314.9
Students Per Librarian717803
Students Per Counselor1196513
2 Yr College Grad8.12%7.47%
4 Yr College Grad15.92%17.42%
Graduate Degrees7.34%10.12%
High School Grads90.44%84.72%
Crimemerrillville, inUS
Violent Crime54
Property Crime54
Housing Units By Year Structure Builtmerrillville, inUS
1999 To 200517.60%13.71%
1995 To 19988.10%8.54%
1990 To 19945.46%5.77%
1980 To 19899.70%13.87%
1970 To 197918.32%16.17%
1960 To 196919.97%11.70%
1950 To 195912.28%11.08%
1940 To 19495.31%6.02%
1939 Or Earlier3.27%13.15%

Table Information