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Indianapolis Mortgage Quotes And Real Estate


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Indianapolis Mortgage and Real Estate Facts

Overview

Indianapolis contains a total of 320,215 houses, condominiums, and apartments. Of the housing in the city, approximately 59% is occupied by their owners.

Indianapolis Mortgage

In 2000, 77% of owner-occupied housing units in Indianapolis had a mortgage. Roughly 19% of housing units have a home equity loan or second mortgage in the city.

Mortgage and interest rate quotes for the Indianapolis area (or anywhere else you choose in the US) are available, without obligation or credit checks:

Indianapolis Mortgage Statistics

CategoryValue
Homes With No Mortgage23%
With A Mortgage77%
First Mortgage Only57%
Second Mortgage or Home Equity Loan19%
Second Mortgage Only10%
Home Equity Loan Only9%

Indianapolis Housing Expenses

CategoryValue
Owner Costs as % of Income18.1%
Median Real Estate Taxes (2000)$1,024

Indianapolis Household Size

CategoryValue
Total Occupied320,215
1-Person Households32%
2-Person Households32%
3-Person Households16%
4-Person Households12%
5-Person Households6%
6-Person Households2%
7+-Person Households1%

Indianapolis Housing Stock

CategoryValue
Median Year Built1966
Median Year Built (Owner Occupied)1963
Median Year Built (Renter Occupied)1970

Indianapolis Home Heating

CategoryValue
Using Utility Co. Gas Heat78%
Using Bottled/Tank Gas Heat1%
Using Electric Heat20%
Using Oil Heat1%
Using Coal0%
Using Wood Heating0%
Using Solar Heat0%
Other Heating0%
No Heating0%

Indianapolis Housing Size

CategoryValue
No Bedrooms0%
1 Bedroom2%
2 Bedrooms23%
3 Bedrooms52%
4 Bedrooms19%
5+ Bedrooms3%

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