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Foreclosure Homes in New Chicago, IN

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S-california-st-New-chicago-IN-46342
Preforeclosure

S California St
New Chicago, IN 46342

3 Bed | 1.5 Bath | 2,704 Sq. Ft.

Mckinley-ave-New-chicago-IN-46342
Preforeclosure

Mckinley Ave
New Chicago, IN 46342

2 Bed | 1 Bath | 828 Sq. Ft.

3 Michigan-st-New-chicago-IN-46342
As-Is Deal
$199,900 List Price

Michigan St
New Chicago, IN 46342

Dekalb-st-New-chicago-IN-46342
Tax Lien

Dekalb St
New Chicago, IN 46342

Michigan-st-New-chicago-IN-46342
Tax Lien

Michigan St
New Chicago, IN 46342

Van-buren-ave-New-chicago-IN-46342
Tax Lien

Van Buren Ave
New Chicago, IN 46342

3 Bed | 1 Bath | 793 Sq. Ft.

Michigan-st-New-chicago-IN-46342
Tax Lien

Michigan St
New Chicago, IN 46342

E-29th-ave-New-chicago-IN-46342
Tax Lien

E 29th Ave
New Chicago, IN 46342

Liverpool-rd-New-chicago-IN-46342
Tax Lien

Liverpool Rd
New Chicago, IN 46342

4 Bed | 1 Bath | 1,752 Sq. Ft.

N-wisconsin-st-New-chicago-IN-46342
Tax Lien

N Wisconsin St
New Chicago, IN 46342

3 Bed | 1 Bath | 1,876 Sq. Ft.

Displaying 1 - 10 of 14

Foreclosure Homes in New Chicago, IN

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


Top Reasons To Live In New Chicago, IN In 2021

New Chicago is located in Lake, Indiana, with an estimated municipal population of 1,940 residents. All of the best foreclosed homes for sale in New Chicago are located in the following zip code areas on Foreclosure.com: 46342 46405. The estimated population per square kilometer (.62 miles) in New Chicago is 1,111.


Cost Of Living In New Chicago, IN

So, about how much do homes cost in New Chicago? The most recent median value of resident-owned homes in New Chicago is 79,882. An estimated 63.6 percent of households in New Chicago own their homes, with an average family size of 3.21. The median household income in New Chicago is 40,046, with15 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in New Chicago, the median commute time of resident workers (in minutes) is 25.7. And last, but certainly not least, are you looking for homes to rent in New Chicago? If so, the average rent price paid by renters in New Chicago is 920, according to recent statistics.


Diversity And Demographics In New Chicago, Indiana

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 New Chicago, 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 New Chicago is 37.1, split between 52.8 percent male versus 47.2 female. The percentage of residents who report being married in New Chicago is 32.3, with an average family size of 3.21.

The percentage of residents who report their race in New Chicago is as follows:

White 78.5%
Black / African American 3.7%
Asian 0.7%
American Indian / Alaskan Native 0.4%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3.1%
Other 13.6%

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

The percentage of residents who report their age in New Chicago is as follows:

Under 10 11.8%
Aged 10-19 15%
20s 12.7%
30s 15.7%
40s 14.8%
50s 10.1%
60s 12.7%
70s 5.1%
80+ 2%

Best Schools In New Chicago, Indiana

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 New Chicago with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in New Chicago.


Pros And Cons Of Living In New Chicago, Indiana

How do you know that living in -- or moving to -- New Chicago is right where you need to be? Perhaps you grew up in New Chicago or already live nearby; therefore, the decision to buy a home in New Chicago is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to New Chicago 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 New Chicago:

  • 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 New Chicago.


Reasons To Move To New Chicago, Indiana, In 2021

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

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Listing types in New Chicago, IN

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