City:
Springport, IN
Springport is a city in the state of indiana with a population of roughly 1,206. It is in Henry County, Indiana the New Castle, IN core-based statistical areas (CBSA), and the Indianapolis-Carmel-Muncie, IN combined statistical area (CSA).Its Zip codes include 47386 .
The Rise and Fall of Springport's Home Prices
Real estate in Springport, Indiana is a hot commodity. The city has a population of just over 10,000 people and is located in Hancock County. The city is home to several businesses and industries, including agriculture, manufacturing, and healthcare.
The real estate market in Springport is strong due to the city's location and the many businesses that are based here. There are plenty of homes for sale in the city as well as rental properties. The median price for a home in Springport was $137,500 in 2017.
The most popular type of real estate in Springport is single-family homes. There are plenty of options for buyers when it comes to finding a home in the city. Prices for single-family homes range from $130,000 to $350,000+. There are also plenty of townhomes and condos available for purchase or rent in Springport.
When it comes to buying a home, buyers should be aware that there are some restrictions on how much money they can borrow when purchasing a home in Springport. The maximum loan amount that you can borrow when purchasing a home in the city is $287,500+. Buyers who want to purchase a property with more than one acre should also be aware that they will need to get permission from the City Council before making an offer on the property.
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