For every 146 housing units in middle Indiana, one received a foreclosure filing in July of 2009. This is an increase in the Indiana Real Estate foreclosure rate which occurred in the middle cities of Indiana. The median sold price for houses for sale was $936 which is lower than the median price listing, which suggests that Indiana has inflated listing prices.
Known as a buyer's market, the low rates houses have declined to call for some creative measures that don't use up too much capital. For instance, instead of renovating the entire house, perhaps adding curb appeal by just the fa'ade on the house's exterior as well as maybe a new coat of paint in the living room and redoing the kitchen cabinets.
There is not much you can do to change the overall kitchen design but there is a lot you can do to the overall value of the house just by concentrating on the little detail of upgrading Indiana kitchen cabinets by perhaps changing the kitchen cabinet colors to a more modern shade.