Elkhart County Foreclosures for January 09

Just this week, Elkhart County Indiana reported a 15.3% unemployment rate which is the highest recorded for Elkhart County since the Great Depression. So, very unfortunately, these numbers may be going up even higher in the months to come.

For the month of January, Elkhart County had 141 homes scheduled for the Sheriff's auction. Out of those 141, 52 were cancelled before the sale date, which left 89 that were taken back by the banks. Of those 89, 4 were less than $50,000 with 3 coming from Elkhart and 1 in Bristol. There were 7 that were over $200,000 with 1 of them being over $500,000-which was in Goshen. The remaining 6 over $200,000 had 3 from Elkhart, 2 from Goshen and 1 from the Elkhart County side of Granger.

The 89 homes that were taken back broke down by city:
Elkhart: 53
Goshen: 20
Bristol: 6
Nappanee: 4
Millersburg: 2
New Paris: 2
Osceola: 1
Granger: 1