Indianapolis Real Estate Appreciation
I found this cool calculator just sitting on my desktop and thought I would share it with you. It’s a simple tool for calculating appreciation or equity growth.
Since it is not specific to a neighborhood or area of town, the results may actually be different for your home. Historically, Indianapolis real estate is a slow, steady market with modest appreciation of approximately 3%.
Although, the numbers haven’t held true the last few years, real estate is cyclical.
Click on the graph to compute your estimated appreciation. Insert the number of years the property is owned in place of loan length.