Kokomo FORECLOSURE LISTINGS

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

Featured Foreclosure Listings in Kokomo, IN

Kokomo Home Foreclosure Listing ID: 2147427

Foreclosure

Kokomo, IN - 46901

2 Bd | 1 Ba | $12,600.00

Kokomo Home Foreclosure Listing ID: 2166585

Foreclosure

Kokomo, IN - 46901

3 Bd | 1.5 Ba | $13,000.00

Kokomo Home Foreclosure Listing ID: 2166635

Foreclosure

Kokomo, IN - 46901

3 Bd | 1 Ba | $15,700.00

Kokomo Home Foreclosure Listing ID: 2166564

Foreclosure

Kokomo, IN - 46902

3 Bd | 1.5 Ba | $19,400.00

Kokomo Home Foreclosure Listing ID: 896545

Foreclosure

Kokomo, IN - 46902

3 Bd | 2 Ba | $28,250.00

Total: 63
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
9 Photos
E 306 S Kokomo IN 46902 Foreclosures 3 1.5 $19,400.00 Details
2
15 Photos
W MULBERRY ST Kokomo IN 46901 Foreclosures 2 1 $55,000.00 Details
3
7 Photos
COLUMBUS BLVD Kokomo IN 46901 Foreclosures 3 1 $14,900.00 Details
4
1 Photo
BRENTWOOD DR Kokomo IN 46901 Foreclosures 2 1 $13,900.00 Details
5
13 Photos
WILLIAMSBURG DR Kokomo IN 46902 Foreclosures 3 2 $110,000.00 Details
6
1 Photo
N ARMSTRONG ST Kokomo IN 46901 Foreclosures 3 1 $14,900.00 Details
7
7 Photos
W STATE ST Kokomo IN 46902 Foreclosures 4 2 $9,200.00 Details
8
4 Photos
MORROW DR Kokomo IN 46902 Foreclosures 3 2.1 $90,000.00 Details
9
17 Photos
W NORTH ST Kokomo IN 46901 Foreclosures 2 1 $8,000.00 Details
10
11 Photos
SPRINGWATER RD Kokomo IN 46902 Foreclosures 3 2 $66,600.00 Details
11
1 Photo
N DELPHOS ST Kokomo IN 46901 Foreclosures 2 1 $18,900.00 Details
12
4 Photos
BRADFORD AVE Kokomo IN 46902 Foreclosures 4 3 $31,900.00 Details
13
14 Photos
CHIPPEWA LN Kokomo IN 46902 Foreclosures 4 1 $44,500.00 Details
14
22 Photos
WILDWOOD DR Kokomo IN 46901 Foreclosures 3 1 $24,000.00 Details
15
6 Photos
E JACKSON ST Kokomo IN 46901 Foreclosures 2 1 $12,600.00 Details
16
6 Photos
N LAFOUNTAIN ST Kokomo IN 46901 Foreclosures 3 1.5 $13,000.00 Details
17
11 Photos
N LEEDS ST Kokomo IN 46901 Foreclosures 2 1 $29,900.00 Details
18
10 Photos
SHERMAN DR Kokomo IN 46902 Foreclosures 4 2 $64,900.00 Details
19
18 Photos
KYLEDAVID WAY Kokomo IN 46901 Foreclosures 3 2 $65,000.00 Details
20
8 Photos
S DIAMOND ST Kokomo IN 46901 Foreclosures 3 1 $15,700.00 Details
About our Listings

How to Buy Kokomo Foreclosures

How to buy foreclosures

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

>> See more info about how to Buy foreclosures

How to Invest in Kokomo Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Kokomo Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Kokomo Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Kokomo Pre-Foreclosures

Foreclosure

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

Kokomo Foreclosure Auctions

Foreclosure Auction

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

>> See more info about foreclosure auctions

Top Zip Codes in Kokomo, Indiana

Find Home Foreclosure Listings in Kokomo, IN

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

Our Kokomo Foreclosure Lists

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

You can also search Russiaville foreclosure listings and Greentown foreclosure listings for more properties in the neighboring area.



Kokomo, IN

As of 2011, Kokomo's population is 44,290 people. Since 2000, it has had a population growth of -4. 03 percent. The median home cost in Kokomo is $84,500. Home appreciation the last year has been 3. 82 percent. Compared to the rest of the country, Kokomo's cost of living is 13. 20% Lower than the U. S. average. Kokomo public schools spend $5,413 per student. The average school expenditure in the U. S. is $5,678. There are about 15 students per teacher in Kokomo. The unemployment rate in Kokomo is 11. 30 percent(U. S. avg. is 9. 10%). Recent job growth is Positive. Kokomo jobs have Increased by 1. 37 percent. Average Commute time is 20 minutes. The National Average is 28 minutes.

Peoplekokomo, inUS
Population44,290307,829,557
Pop Density2,75087
Pop Change-4.03%9.34%
Median Age38.136.6
Households20,187116,329,167
Household Size2.162.58
Male Population47.82%49.31%
Female Population52.18%50.69%
Married Population48.96%47.15%
Single Population51.04%52.85%
Estimated Households By Household Incomekokomo, inUS
Income Less Than 15k16.97%12.10%
Income Between 15k And 25k16.25%10.18%
Income Between 25k And 35k13.82%10.56%
Income Between 35k And 50k17.18%14.98%
Income Between 50k And 75k20.05%19.53%
Income Between 75k And 100k9.10%12.52%
Income Between 100k And 150k5.02%12.14%
Income Between 150k And 250k0.79%3.91%
Income Between 250k And 500k0.77%3.34%
Income Greater Than 500k0.04%0.75%
Economykokomo, inUS
Unemployment Rate11.30%9.10%
Recent Job Growth1.37%-0.12%
Future Job Growth31.44%31.25%
Sales Taxes6.00%6.80%
Income Taxes4.90%6.25%
Income Per Cap$21,176$27,067
Household Income$37,603$52,954
Housingkokomo, inUS
Median Home Age50.835.1
Median Home Cost$84,500$175,100
Home Appreciation3.82%-3.15%
Homes Owned52.50%59.90%
Housing Vacant10.64%10.37%
Homes Rented36.87%29.73%
Property Tax Rate$9.00$11.20
Owner Occupied Housing Units By Valuekokomo, inUS
Less Than 20k3.60%2.65%
20k To 399995.45%3.76%
40k To 5999916.22%4.99%
60k To 7999924.02%6.01%
80k To 9999920.11%7.27%
100k To 14999920.55%19.24%
150k To 1999996.70%14.67%
200k To 2999992.32%18.09%
300k To 3999990.57%9.14%
400k To 4999990.25%4.94%
500k To 7499990.08%5.42%
750k To 9999990.07%2.03%
1kk Or More0.05%1.77%
Educationkokomo, inUS
School Expend$5,413$5,678
Pupil Teacher Ratio1514.9
Students Per Librarian363803
Students Per Counselor565513
2 Yr College Grad4.69%7.47%
4 Yr College Grad10.56%17.42%
Graduate Degrees6.71%10.12%
High School Grads81.74%84.72%
Crimekokomo, inUS
Violent Crime64
Property Crime74
Housing Units By Year Structure Builtkokomo, inUS
1999 To 20058.25%13.71%
1995 To 19984.26%8.54%
1990 To 19945.29%5.77%
1980 To 19896.83%13.87%
1970 To 197910.20%16.17%
1960 To 196913.71%11.70%
1950 To 195915.52%11.08%
1940 To 19498.70%6.02%
1939 Or Earlier27.25%13.15%

Table Information