Appreciation for MSAs:.

Let's start by comparing Anderson, Indiana to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.

We have appreciattion of + 71.20% (+ 5.93% yearly) for the Anderson, Indiana MSA.

The entire state of IN had + 57.58% appreciation (+ 4.80% yearly). The Anderson, Indiana MSA beat out the state. by + 23.65% appreciation.

Anderson-IN

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation


There are a lot of ways to use the appreciation data for Anderson, Indiana .

Lets look at Elwood, Indiana, a city located in Anderson, Indiana MSA.

Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Elwood, Indiana check out Spec-Loan.com

If you were going to do a Elwood, Indiana Refinance, or Elwood, Indiana Reverse Mortgages, you could estimate your home value.

If you knew your Elwood, Indiana home was worth $95,000.00 in 1992, you could multiply by + 71.20%, add the gain and see the home should be worth $162,636.96 in 2003. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Anderson-IN from 1992 to 2003:
+ 5.93%

Appreciation Comparisons

The top 5 performing MSAs from 1992 to 2003 were Boulder-CO, Barnstable-Town-MA, Denver-Aurora-CO, Fort-Collins-Loveland-CO, and Missoula-MT .

  1. Boulder-CO increased +151.44% from 1992 to the end of 2003
  2. Barnstable-Town-MA increased +140.79% from 1992 to the end of 2003
  3. Denver-Aurora-CO increased +139.63% from 1992 to the end of 2003
  4. Fort-Collins-Loveland-CO increased +136.43% from 1992 to the end of 2003
  5. Missoula-MT increased +131.03% from 1992 to the end of 2003

In contrast, the worst 5 MSAs from 1992 to 2003 were Binghamton-NY, Honolulu-HI, Utica-Rome-NY, Syracuse-NY, and Rochester-NY .

  1. Binghamton-NY only increased + 11.17% between 1992 and 2003
  2. Honolulu-HI only increased + 15.65% between 1992 and 2003
  3. Utica-Rome-NY only increased + 20.57% between 1992 and 2003
  4. Syracuse-NY only increased + 20.68% between 1992 and 2003
  5. Rochester-NY only increased + 21.10% between 1992 and 2003

Zip Code in MSA: 46036 - ELWOOD, IN

MSA Pop: 131121
Zip Pop: 13029
Avg Value: 68100
County: MADISON
Elev: 874
Region: Midwest
Lat: 40.27548
Long: -85.83846