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 + 8.19% (+ 4.09% yearly).

All of the property in IN averaged + 8.04% change in value (+ 4.02% yearly).

Anderson-IN

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
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%


Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Anderson-IN here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in Indiana, you can do some research at Spec-Loan.com.

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 $95,000.00 in 1997, you could multiply by + 8.19%, add the gain and see the home should be worth $102,776.53 in 1998. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Anderson-IN from 1997 to 1998:
+ 4.09%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 1997 to 1998 were Honolulu-HI, Williamsport-PA, Ithaca-NY, Utica-Rome-NY, and Pittsfield-MA .

  1. Honolulu-HI decreased by - 3.48% between 1997 and 1998
  2. Williamsport-PA decreased by - 0.05% between 1997 and 1998
  3. Ithaca-NY only increased + 1.04% between 1997 and 1998
  4. Utica-Rome-NY only increased + 1.56% between 1997 and 1998
  5. Pittsfield-MA only increased + 2.16% between 1997 and 1998

The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .

  1. Honolulu-HI lost - 49.13% from 1980 to 1981
  2. Casper-WY lost - 27.70% from 1986 thru 1987
  3. Grand-Junction-CO lost - 26.25% from 1984 thru 1985
  4. Lafayette-LA lost - 25.36% from 1986 thru 1987
  5. 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