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1161 Canterbury Court
Indianapolis, IN 46260
$175,000
Conventional
Property
Bedroom
2
Bathroom
2
Property Type
Conventional
Square ft
1274
Property Description
Rarely does an opportunity present itself to acquire the most enviable one-story ranch home in popular Canterbury Condominiums. There are only two like it, out of 160 condos in Canterbury. Custom-built (luxurious brick construction) Canterbury is nestled in among many prestigious high-end neighborhoods in Washington Township. Without a doubt, Canterbury residents enjoy a very unique location with all the benefits that come with it. There is no better real estate investment! This central location is paramount, as it provides easy access to major traffic arteries to major employers, shopping, entertainment and recreational centers. Downtown Indianapolis via Meridian Street is just 18 minutes, while, Carmel Market District and IU Health North Hospital via Spring Mill Road is just 13 minutes. Comparatively speaking, you'll get more space in a one level vs a townhouse, as a staircase can be wasted space, plus, they are more energy efficient. This layout designed for easy living and entertaining features a large, treed privacy fenced patio area for year-round delight and a very unique covered front porch that overlooks a beautiful courtyard. Other convenient unique design features include an additional exterior side door that leads to two deeded carports (carport #39 and carport #40), one common wall construction that opens this home for abundant natural light, two full bathrooms, and a truly "separate laundry room." Additionally, you'll find generously proportioned kitchen, welcoming living and dining rooms with built-ins and two spacious bedrooms. The master bedroom suite includes an ensuite bathroom and a walk-in closet. And just when you don't think it can get any better - you'll be amazed at the low utility cost and property taxes! You will pay for gas and electric here; water and sewer charges are included in your monthly maintenance fee.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1965
MLS Number
21951752
Location
Address
1161 Canterbury Court
City
Indianapolis
State
IN
Zip Code
46260
County
MARION (NORTHWEST)
Listing
Provider
Kincaid Realtors, LLC, original listing
Name
Kincaid Realtors, LLC
Phone
(317) 848-1118
Office Name
Kincaid REALTORS, LLC
Office Phone
(317) 848-1118
Agent Name
Robert Kincaid

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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USHUD.com is a website that simplifies the process of finding foreclosures and HUD properties. Everyone thinks they are a real estate web surfing pro until they search for foreclosure homes and stumble upon a numerous sites that want to charge a fee to see their listings. With USHUD.com that’s not the case. When searching for HUD properties or a home finding website for foreclosure it is important to know what you are looking for. It is important to use a niche company that specializes in foreclosures like USHUD.com. We have put together 2 tools that have made the real estate search process of our website much easier to navigate. The Homesearch online tool is filled with foreclosure lists and free listings of hud homes for sale. Most of our users start with a broad search with the homesearch online tool to see the most HUD properties and foreclosure lists in your area and narrow their search down with the Homefinder online tool. The homefinder online tool is a custom filter system that we breakdown the area based upon filters such as convention and foreclosure listings. This give you the option to filter out conventional listings and focus on just the foreclosures in the market. We thank you for making us Americas top home finding website for foreclosure and Hud properties. Free listings of hud homes for sale are hard to come by but should always be free and that’s the way things are going to stay on our website.

Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.