Real Estate Appreciation for Anderson, Indiana: + 25.29%
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 + 25.29% (+ 6.32% yearly).
All of the property in IN averaged + 18.77% change in value (+ 4.69% yearly).
Anderson-IN
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 1997 | 1 | 115.81 | + 3.31% | + 13.24% |
| 1997 | 2 | 114.04 | - 1.53% | - 6.11% |
| 1997 | 3 | 117.18 | + 2.75% | + 11.01% |
| 1997 | 4 | 118.66 | + 1.26% | + 5.05% |
| 1998 | 1 | 121.82 | + 2.66% | + 10.65% |
| 1998 | 2 | 123.44 | + 1.33% | + 5.32% |
| 1998 | 3 | 124.01 | + 0.46% | + 1.85% |
| 1998 | 4 | 125.29 | + 1.03% | + 4.13% |
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 Anderson, Indiana Refinance, or Anderson, Indiana Reverse Mortgages, you could estimate your home value.
If you knew your Anderson, Indiana home was worth $93,000.00 in 1995, you could multiply by + 25.29%, add the gain and see the home should be worth $116,519.70 in 1998. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Anderson-IN from 1995 to 1998:
+ 6.32%
Appreciation Comparisons
For a 4 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .
- Bakersfield-CA increased +116.36% from 2002 thru 2005
- Fresno-CA increased +116.09% from 2002 thru 2005
- Madera-CA increased +114.32% from 2002 thru 2005
- Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
- Bakersfield-CA increased +110.89% from 2003 thru 2006
Zip Code in MSA: 46012 - ANDERSON, IN
MSA Pop: 131121Zip Pop: 20986
Avg Value: 85200
County: MADISON
Elev: 874
Region: Midwest
Lat: 40.1396
Long: -85.6271