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Indianapolis is passing through a growing moment in foreclosure market. Nowadays, we have 347 foreclosures available in the city. And compared to last month things got easier for those who want to invest, with more foreclosures in the market and more chances of deals. Indianapolis started September with 312 foreclosures available. October registered a fall to 312 homes, or 0.00%. The city had another down in November: 0.00%, leaving 312 properties in the market. Things got worse in December with a drop to 312 homes in foreclosure available (0.00%). Opportunities went abundant for buyers last month, with a rise, when Indianapolis registered 336 foreclosures, a 7.69% increase comparing to December.
As for the cost, Indianapolis has a huge difference in prices comparing to all US. Nowadays, investors can buy foreclosure homes in Indianapolis for $107,399, a value 37.11% below the US average price ($170,764), and a 100.00% decrease compared to the prices of January in the city.