Real Estate Appreciation for Columbus, Indiana: + 14.40%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Columbus, Indiana did compared to the state as a whole.
The Columbus, Indiana MSA property value change was + 14.40% (+ 3.60% yearly).
All of the property in IN averaged + 18.77% change in value (+ 4.69% yearly).
Columbus-IN
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1995 | 2 | 102.3 | + 2.30% | + 9.20% |
| 1995 | 3 | 105.17 | + 2.81% | + 11.22% |
| 1995 | 4 | 106.27 | + 1.05% | + 4.18% |
| 1996 | 1 | 106.1 | - 0.16% | - 0.64% |
| 1996 | 2 | 107.82 | + 1.62% | + 6.48% |
| 1996 | 3 | 109.19 | + 1.27% | + 5.08% |
| 1996 | 4 | 107.23 | - 1.80% | - 7.18% |
| 1997 | 1 | 107.97 | + 0.69% | + 2.76% |
| 1997 | 2 | 110.03 | + 1.91% | + 7.63% |
| 1997 | 3 | 111.09 | + 0.96% | + 3.85% |
| 1997 | 4 | 112.53 | + 1.30% | + 5.18% |
| 1998 | 1 | 112.86 | + 0.29% | + 1.17% |
| 1998 | 2 | 114.61 | + 1.55% | + 6.20% |
| 1998 | 3 | 113.85 | - 0.66% | - 2.65% |
| 1998 | 4 | 114.4 | + 0.48% | + 1.93% |
If you feel like property in this area is good for investment, you may want to consider looking at some fixer up properties to rehab. Rehabbing proeprty can help maximize your profits since you can usually buy a house that needs work at a reduced price. If you want information on a Hard Money Rehab Loan in Columbus, Indiana click on Spec-Loan.com. The right financing can make all the difference when rehabbing property. Not all lenders will allow you to purchase a home that needs work. Make sure you look at all of the appreciation data we have for Columbus, Indiana.
If you were going to do a Columbus, Indiana Refinance, or Columbus, Indiana Reverse Mortgages, you could estimate your home value.
If you knew your Columbus, Indiana home was worth $93,000.00 in 1995, you could multiply by + 14.40%, add the gain and see the home should be worth $106,392.00 in 1998. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Columbus-IN from 1995 to 1998:
+ 3.60%
Appreciation Comparisons
The top 5 performing MSAs from 1995 to 1998 were San-Jose-Sunnyvale-Santa-Clara-CA, Bay-City-MI, Jackson-MI, Battle-Creek-MI, and Ogden-Clearfield-UT .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 38.22% from 1995 to the end of 1998
- Bay-City-MI increased + 32.31% from 1995 to the end of 1998
- Jackson-MI increased + 31.57% from 1995 to the end of 1998
- Battle-Creek-MI increased + 30.77% from 1995 to the end of 1998
- Ogden-Clearfield-UT increased + 30.59% from 1995 to the end of 1998
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: 47203 - COLUMBUS, IN
MSA Pop: 72341Zip Pop: 23965
Avg Value: 116300
County: BARTHOLOMEW
Elev: 629
Region: Midwest
Lat: 39.231962
Long: -85.874317