Real Estate Appreciation for Anderson, Indiana: + 3.19%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Anderson, Indiana MSA appreciated + 3.19% (+ 0.80% yearly) between 2003 and the end of 2006.
The state of IN had + 12.40% total appreciation (+ 3.10% yearly).
The state average for Indiana was higher than the real estate appreciation in the Anderson, Indiana MSA. This means the conditions in the MSA for real estate investment were worse than the state as a whole. The state appreaciated +288.06% faster than this MSA.
Anderson-IN
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2003 | 2 | 145.2 | - 0.46% | - 1.84% |
| 2003 | 3 | 146.79 | + 1.10% | + 4.38% |
| 2003 | 4 | 145.62 | - 0.80% | - 3.19% |
| 2004 | 1 | 147.46 | + 1.26% | + 5.05% |
| 2004 | 2 | 144.27 | - 2.16% | - 8.65% |
| 2004 | 3 | 148.62 | + 3.02% | + 12.06% |
| 2004 | 4 | 151.4 | + 1.87% | + 7.48% |
| 2005 | 1 | 149.44 | - 1.29% | - 5.18% |
| 2005 | 2 | 149.43 | - 0.01% | - 0.03% |
| 2005 | 3 | 153.96 | + 3.03% | + 12.13% |
| 2005 | 4 | 153.4 | - 0.36% | - 1.45% |
| 2006 | 1 | 149.08 | - 2.82% | - 11.26% |
| 2006 | 2 | 145.03 | - 2.72% | - 10.87% |
| 2006 | 3 | 141.2 | - 2.64% | - 10.56% |
| 2006 | 4 | 150.53 | + 6.61% | + 26.43% |
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 Anderson, Indiana Refinance, or Anderson, Indiana Reverse Mortgages, you could estimate your home value.
If you knew your Anderson, Indiana home was worth $109,000.00 in 2003, you could multiply by + 3.19%, add the gain and see the home should be worth $112,482.14 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Anderson-IN from 2003 to 2006:
+ 0.80%
Appreciation Comparisons
The top 5 performing MSAs from 2003 to 2006 were Bakersfield-CA, Visalia-Porterville-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Naples-Marco-Island-FL .
- Bakersfield-CA increased +110.89% from 2003 to the end of 2006
- Visalia-Porterville-CA increased +101.32% from 2003 to the end of 2006
- Madera-CA increased +100.36% from 2003 to the end of 2006
- Riverside-San-Bernardino-Ontario-CA increased +100.03% from 2003 to the end of 2006
- Naples-Marco-Island-FL increased + 99.23% from 2003 to the end of 2006
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