Appreciation for MSAs:.

Before we disect the appreciation within the MSA for this period, lets consider how Anderson, Indiana did compared to the state as a whole.

The Anderson, Indiana MSA property value change was + 12.10% (+ 6.05% yearly).

All of the property in IN averaged + 9.13% change in value (+ 4.57% yearly).

Anderson-IN

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1995 2 103.31 + 3.31% + 13.24%
1995 3 104.43 + 1.08% + 4.34%
1995 4 106.17 + 1.67% + 6.66%
1996 1 109.22 + 2.87% + 11.49%
1996 2 109.63 + 0.38% + 1.50%
1996 3 112.18 + 2.33% + 9.30%
1996 4 112.1 - 0.07% - 0.29%


Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.

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

If you knew your Alexandria, Indiana home was worth $91,000.00 in 1995, you could multiply by + 12.10%, add the gain and see the home should be worth $102,011.00 in 1996. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Anderson-IN from 1995 to 1996:
+ 6.05%

Appreciation Comparisons

Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.

  1. Lafayette-LA lost - 25.36% from 1986 thru 1987
  2. Anchorage-AK lost - 24.89% from 1986 thru 1987

Zip Code in MSA: 46001 - ALEXANDRIA, IN

MSA Pop: 131121
Zip Pop: 12346
Avg Value: 79600
County: MADISON
Elev: 874
Region: Midwest
Lat: 40.2539
Long: -85.6621