Real Estate Appreciation for Anderson, Indiana: + 50.53%
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 + 50.53% (+ 4.21% yearly).
All of the property in IN averaged + 53.96% change in value (+ 4.50% yearly).
Anderson-IN
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2003-2006 Quarterly Detailed Appreciation
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
Lets look at Elwood, Indiana, a city located in Anderson, Indiana MSA.
Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans 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 $101,000.00 in 1995, you could multiply by + 50.53%, add the gain and see the home should be worth $152,035.30 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Anderson-IN from 1995 to 2006:
+ 4.21%
Appreciation Comparisons
For a 12 year period, the top 5 performing MSAs of all time are Oxnard-Thousand-Oaks-Ventura-CA, Bridgeport-Stamford-Norwalk-CT, San-Jose-Sunnyvale-Santa-Clara-CA, Providence-New-Bedford-Fall-River-RI-MA, and San-Jose-Sunnyvale-Santa-Clara-CA .
- Oxnard-Thousand-Oaks-Ventura-CA increased +288.32% from 1977 thru 1988
- Bridgeport-Stamford-Norwalk-CT increased +284.24% from 1977 thru 1988
- San-Jose-Sunnyvale-Santa-Clara-CA increased +270.45% from 1977 thru 1988
- Providence-New-Bedford-Fall-River-RI-MA increased +269.41% from 1977 thru 1988
- San-Jose-Sunnyvale-Santa-Clara-CA increased +267.22% from 1978 thru 1989
The worst perfoming MSAs ever for a 12 year period, were Midland-TX, Midland-TX, Midland-TX, Odessa-TX, and Lafayette-LA .
- Midland-TX lost - 29.95% from 1982 to 1993
- Midland-TX lost - 27.35% from 1983 thru 1994
- Midland-TX lost - 18.42% from 1984 thru 1995
- Odessa-TX lost - 17.39% from 1984 thru 1995
- Lafayette-LA lost - 14.77% from 1982 thru 1993
Zip Code in MSA: 46036 - ELWOOD, IN
MSA Pop: 131121Zip Pop: 13029
Avg Value: 68100
County: MADISON
Elev: 874
Region: Midwest
Lat: 40.27548
Long: -85.83846