Here is how Trulia and other sites like it get their data:
When an owner misses a payment on their mortgage, the lender files a notice of default at the courthouse. Trulia and other sites see these notices and post the home on their site as if it is for sale for the amount on that loan. Usually these amounts are extremely low. Typically that it because they are only reporting the balance of a 2nd mortgage or equity line. Yes, the owner of this property may have missed a payment on their 2nd mortgage that currently has a balance of roughly $68,000. However, it is likely that they have another loan (a 1st mortgage) for a much greater amount. Regardless of what loans the owner has, they may not have been foreclosed on yet and even if they have, the lender will list the home for sale based on what comparable properties have sold for, not what the balance is on the loan.
For this particular property, comparable properties would tell the bank to list this home for atleast $350,000+++.
There are no active listings on Worthington that match this property. I also looked up tax records and there are no bank owned homes that match either (these would be homes that have been foreclosured but not yet listed in the MLS).
If you are looking for current listings (even foreclosures), I highly recommend getting in contact with a knowledable real estate agent. An agent will give you access to accurate information, real listings, and access to see all homes for sale.
Hope this helps! Feel free to contact me if you want more assistance in finding the right home for you!
Allen Tate Realtors
If you are looking for a foreclosure I would suggest you hook up with an agent that can help you find homes that are really on the market... Realty Trac pulls info from tax records and other public records but they are often wrong.
You can check out our link of foreclosure and short sales.