Bank Owned Homes Indianapolis

Monday, February 23, 2009 by Patty Bender
Indianapolis Foreclosures
Even though Indianapolis has been named the most afforable city for the 14th consecutive quarter in a row, there are still plenty of Indianapolis foreclosures. Actually, more than 20,000 homes, representing nearly 3% of the city, received a foreclosure filing of some kind in 2008, making Indianapolis the 26th highest rate in the nation. Ouch! 
 
Here's a really quick link to search for all the foreclosed homes in the city. Just put in your search criteria, then click the Foreclosure button.








Interesting Numbers:
Property with Foreclosure Filing in January 2009:
Hamilton County:   192 -     1 in every 517 Housing Units.
Marion County :     1564 -   1 in every 267 Housing Units.
Johnson County:   125 -      1 in every 443 Housing Units.
Hendricks County: 2 -         1 in every 27361 Housing Units.
Boone County:      31 -       1 in every 701 Housing Units.
Madison County:   179 -     1 in every 331 Housing Units.
Hancock County:   40 -       1 in every 686 Housing Units.
(information provided by realty trac)

WHAT DOES THIS MEAN FOR YOU?  This means AFFORDABILITY!  Check out al the Indianapolis foreclosures here -
BUT, remember, click on the FORECLOSURE button.

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