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Short Sale Listings in Indian River, MI

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Foreclosure Homes in Indian River, MI

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Indian River, MI area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Indian River, MI and much more. Save thousands at closing with home foreclosure listings in Indian River, MI — up to 75% off market value!


Top Reasons To Live In Indian River, MI In 2022

Indian River is located in Cheboygan, Michigan, with an estimated municipal population of 1,883 residents. All of the best foreclosed homes for sale in Indian River are located in the following zip code areas on Foreclosure.com: 49749. The estimated population per square kilometer (.62 miles) in Indian River is 56.


Cost Of Living In Indian River, MI

So, about how much do homes cost in Indian River? The most recent median value of resident-owned homes in Indian River is 166,992. An estimated 70.3 percent of households in Indian River own their homes, with an average family size of 2.35. The median household income in Indian River is 42,989, with13.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Indian River, the median commute time of resident workers (in minutes) is 25.4. And last, but certainly not least, are you looking for homes to rent in Indian River? If so, the average rent price paid by renters in Indian River is 646, according to recent statistics.


Diversity And Demographics In Indian River, Michigan

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Indian River, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Indian River is 56.5, split between 52.2 percent male versus 47.8 female. The percentage of residents who report being married in Indian River is 51.9, with an average family size of 2.35.

The percentage of residents who report their race in Indian River is as follows:

White 97.3%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.3%
Other 1.4%

Looking for family-friendly neighborhoods in and/or near Indian River? Or maybe you are searching for 55+ active adult communities in and/or near Indian River?

The percentage of residents who report their age in Indian River is as follows:

Under 10 3.8%
Aged 10-19 8.2%
20s 8.4%
30s 4%
40s 14.8%
50s 17.4%
60s 22.6%
70s 12.8%
80+ 7.9%

Best Schools In Indian River, Michigan

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Indian River with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Indian River.


Pros And Cons Of Living In Indian River, Michigan

How do you know that living in -- or moving to -- Indian River is right where you need to be? Perhaps you grew up in Indian River or already live nearby; therefore, the decision to buy a home in Indian River is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Indian River for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Indian River:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Indian River.


Reasons To Move To Indian River, Michigan, In 2022

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Indian River can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Indian River, meanwhile, can field multiple offers from more qualified buyers.

Indian River, MI Short Sale Listings


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