Connect with us

Indiana

Indiana led U.S. in February foreclosure rates, Indy among worst metros

Published

on

Indiana led U.S. in February foreclosure rates, Indy among worst metros


play

Advertisement
  • Indiana’s foreclosure filing rate was worst in the nation last month, with two of the state’s metros struggling most.
  • Rising property taxes and insurance costs have inflated monthly payments.
  • Gov. Mike Braun and top Republicans say reforms to property taxes and housing will help.

At a time when “affordability” is the watchword in politics nationwide, recent data shows that Hoosiers faced more risk of losing their homes last month than residents in any other state.

Indiana reported the nation’s highest foreclosure filing rate in February, according to real estate data company ATTOM. What’s more, the Indianapolis region ranked among the worst-performing major metro areas.

The findings contradict the view of Indiana and the Indianapolis region as affordable havens where residents can more easily own homes. Experts say that home prices remain low compared with other states but have risen steeply since 2020, increasing property taxes. Upticks in other expenses like homeowners’ insurance and utilities, along with stagnant wage growth, have put an increasing number of Hoosiers at risk of losing their homes.

“This is a bad look for us in general, and it does indicate that our affordability problem is kind of reaching a crisis,” said Sara Coers, associate director of the Indiana University Center for Real Estate Studies. “We have a lower natural ceiling on what we can afford because of the wages that we receive here.”

What Indiana foreclosure data shows

Last month, about one in every 1,600 housing units in Indiana had a foreclosure filing, which means lenders took legal action against a homeowner who failed to keep up with their monthly mortgage payments. That foreclosure filing rate was the worst in the nation and more than twice as high as the average U.S. rate, the data shows.

The situation is even worse in the Indianapolis metropolitan area, which landed at No. 3 among metros with over 200,000 people with the worst foreclosure filing rates.

Advertisement

In the Indianapolis region, roughly one in every 1,250 housing units had a foreclosure filing — about three times worse than the national average. Evansville was the only other Indiana metro to make the list, right behind Indy at No. 4.

The problem isn’t new, but it’s growing worse. After falling between 2020 and 2021 thanks to pandemic relief programs, Indiana’s foreclosure filing rates have since rebounded. Throughout 2025, Indiana consistently ranked among the 10 worst states, according to the Fair Housing Center of Central Indiana.

What’s behind the affordability crisis

Experts like Coers and FHCCI Executive Director Amy Nelson say the recent spike in foreclosure filings is in part due to rising escrow amounts — monthly payments for property expenses like taxes and homeowners’ insurance.

Advertisement

From 2019 to 2025, Indiana’s average escrow payment rose more than 50%, according to data analytics company Cotality. Today, about one-third of the money that Hoosier homeowners send to lenders each month goes toward those escrow costs, rather than paying down the home loan itself.

Beyond those property costs, residents are consistently spending more money on electricity bills, groceries and now gasoline, because of the war in Iran.

Higher costs especially strain residents in Indiana, a state where wage growth has lagged further behind the U.S. average in recent years, IU’s Indiana Business Research Center reports. More Hoosiers work lower-wage jobs in manufacturing or transportation than the national average, Coers said, and therefore they struggle to weather economic crises.

“Credit card usage is way up, savings rates are way down, and people just don’t have anything to back them up if things don’t go perfectly,” Coers said. “And if your expenses keep rising, but your wages are not keeping pace, it’s just really hard to stay abreast of your own household expenses.”

Households can often avoid foreclosure proceedings by being upfront about their financial struggles with lenders and finding alternate payment plans, said Trevor Meeks, chief consumer solutions officer for the Indianapolis Neighborhood Housing Partnership. Instead of losing the home through foreclosure, they might be able to sell it to help cover housing costs while they recover.

Advertisement

He said he’s worked with local families who found themselves in financial crises after losing jobs or working reduced hours. He mentioned one single-parent household that was forced to choose between paying for their child’s college tuition and paying the mortgage.

“Our mortgage borrower made the very difficult decision to cover the cost of tuition themselves and jeopardized their ability to make the mortgage payment on time,” Meeks said.

How Indiana leaders are responding

Indiana lawmakers in both political parties have increasingly called affordability a top concern, including Republican Indiana Gov. Mike Braun.

In a March 19 interview with IndyStar, Braun noted that Hoosier homeowners will soon get some relief as his sweeping property tax reform law, Senate Enrolled Act 1, takes effect this year. Two-thirds of homeowners are projected to see a lower property tax bill in 2026 than last year, mainly through tax credits that will save households up to $300.

Advertisement

With policies like this year’s House Enrolled Act 1001, Republicans also took steps to reduce the cost and regulatory burden on homebuilders so they can build more housing to help ease prices, Braun said.

To tackle the other side of the issue and boost wages, the governor said he’s pushing the Indiana Economic Development Corp. to create 100,000 more high-wage jobs in agricultural and life sciences in Indiana over the next decade. He said the state will commit $1 billion to that goal.

Braun’s property tax reforms have been criticized for offering meager savings to homeowners while sapping revenue from local governments, likely forcing leaders to make cuts to services like education and infrastructure unless they impose higher income taxes.

But Braun said Indiana’s staggering foreclosure filing rate shows that households need relief and local governments need to make do with less.

“I think if local governments are complaining about revenues being too slim, well, that obviously would be something that’d be hard to square with the fact that property tax payers, specifically as it relates to homes, are having trouble making ends meet,” Braun said. “So that means something’s got to give in the middle.”

Advertisement

Email Indianapolis City Hall Reporter Jordan Smith at JTSmith@indystar.com. Follow him on X @jordantsmith09 and Bluesky @jordanaccidentally.bsky.social.





Source link

Indiana

Sixers beat Pacers, ensuring Indiana’s season ends as second-worst in league

Published

on

Sixers beat Pacers, ensuring Indiana’s season ends as second-worst in league


INDIANAPOLIS (AP) — Tyrese Maxey scored 32 points, Paul George had 21 and the Philadelphia 76ers beat the Indiana Pacers 105-94 on Friday night to snap a three-game skid.

VJ Edgecombe scored 16 points, Kelly Oubre Jr. had 15 and Andre Drummond had 16 rebounds and 10 points for the Sixers (44-37), who maintained their eighth-place position in the Eastern Conference with one game remaining.

A year after they made it to Game 7 of the NBA Finals, Pacers (19-62) ensured they will finish with the second-worst record in the league.

Jarace Walker led Indiana with 17 points, followed by Quenton Jackson with 16 and Ethan Thompson with 15. Micah Potter had 13 points and 10 rebounds.

Advertisement

The Pacers went 14 of 50 from 3-point range, while the Sixers were 5 of 29. Indiana had 21 turnovers while the Sixers had just eight.

Philadelphia finished with a 64-28 advantage in points in the paint.

The Sixers led 58-51 at halftime. Indiana tied it twice in the third quarter, the last time at 64-all, before Philadelphia closed the quarter with a 25-13 stretch to take an 89-77 lead.

Philadelphia big man Joel Embiid, who averages 27 points, had an appendectomy on Thursday in Houston and was released from the hospital Friday. Coach Nick Nurse said the surgery went well, but there is no timetable for Embiid’s return.

Indiana was without coach Rick Carlisle, who missed his second consecutive game to attend his daughter’s sorority spring parents formal at the University of Virginia. He will return for Sunday’s season finale.

Advertisement

Up next

Sixers: Host Milwaukee on Sunday.

Pacers: Host Detroit on Sunday.



Source link

Advertisement
Continue Reading

Indiana

White House tried to push a Republican candidate out of an Indiana state Senate race

Published

on

White House tried to push a Republican candidate out of an Indiana state Senate race


White House officials offered an Indiana Senate candidate potential government jobs and appointments in exchange for dropping out of the Republican primary election next month, according to recorded phone calls and text messages released Friday.

Alexandra Wilson is running to unseat state Sen. Greg Goode (R-Terre Haute) in Indiana Senate District 38. The other challenger, Vigo County Council member Brenda Wilson, has the endorsement of President Donald Trump.

Trump has backed candidates against Goode and other Indiana senators who voted against his call to redraw the state’s congressional maps mid-decade during the legislative session last year.

Alexandra Wilson released a collection of screenshots, voicemail transcriptions and recorded calls to reporters Friday. NBC News was the first to report on the files.

Advertisement

“Instead of considering the merits of my candidacy, the White House and Indiana leaders have spent countless hours trying to push me aside, including offers of potential employment in taxpayer-funded roles in exchange for my leaving the race,” Wilson said in a written statement. “They crossed a line, and Hoosiers deserve to know that.”

The files shared by Wilson show contact from Lt. Gov. Micah Beckwith, Gov. Mike Braun’s chief of staff Joshua Kelley, White House political director Matt Brasseaux and White House deputy chief of staff James Blair.

The calls and text messages appear to begin in early February, just after Wilson filed to run in the primary. Wilson shared call logs with WFYI but it’s not exactly clear what day each call was taken on.

When Brasseaux spoke with Wilson, he asked her to tell him about why she was running.

“I do not believe that Brenda is a good candidate,” she told Brasseaux on a call. “I don’t think she’s a good choice. I don’t, you know, I don’t think she’d be making quality choices for the local folks here.”

Advertisement

But Brasseaux then offered to contact what he described as the White House’s hiring office to find her a “landing spot.”

“Is that something that would be interesting to you? As far as employment?” Brasseaux asked.

Alexandra Wilson told him it would not.

In a statement sent to WFYI, White House press secretary Karoline Leavitt said “this is what the political team does.”

“They talk to candidates across the country. And it’s not, you know, again, it’s not coming from a place of malice. It is coming from a place of doing their jobs to report back to the president about what’s going on in these races.”

Advertisement

WFYI reached out to Lt. Gov. Micah Beckwith and Gov. Mike Braun’s office for comment, but did not immediately hear back.

In another call with White House deputy chief of staff James Blair, he raised concerns about there being two candidates with the last name Wilson in the race, noting that it could give the edge to incumbent Goode.

Blair also told Wilson that it would be difficult for Trump to “change streams” and endorse her after first endorsing Brenda Wilson.

“If we go the three way and there is no change,” Blair said. “I think this is going to be a really nasty race.”

Blair then asked Wilson where she stood on redistricting and whether he could get her to stand down from the race. Wilson again said she would not step down.

Advertisement

Blair then brought up Wilson’s arrest and asked how she would explain herself to voters.

At 19, Wilson was charged with resisting arrest by vehicle, Wilson’s attorney has said, which means she did not immediately pull over for officers.

Blair warned her that it “will for sure come up” with both Greg Goode and Senate President Pro Tem Rodric Bray “playing for keeps.”

Before ending the call Blair asked her how much in donations she could raise and whether she had a campaign team.

“I’ve got the support of the GOP chairman,” Wilson said.

Advertisement

That call was made in early February. By the end of that month, James Bopp, an attorney who says he supports Brenda Wilson, would be in front of the Indiana Election Commission challenging Alexandra Wilson’s right to appear on the ballot.

Bopp challenged Alexandra Wilson’s eligibility to appear on the ballot on the grounds that she was charged with a felony. The issue has twice deadlocked the Indiana Election Commission even though Alexandra Wilson says she never pleaded to a felony, and her attorney said the charge was pleaded down to a misdemeanor.

Alexandra Wilson has since had that case expunged from her record, but that hasn’t stopped James Bopp from repeatedly asserting she is a felon, something Wilson’s attorney has warned amounts to “defamation per se.”

The primary election is May 5.

Contact Government Reporter Benjamin Thorp at bthorp@wfyi.org

Advertisement





Source link

Continue Reading

Indiana

Indiana expands emergency advisories for high water on northern lakes

Published

on

Indiana expands emergency advisories for high water on northern lakes


WOLCOTTVILLE, Ind. (WISH) — The Indiana Department of Natural Resources on Thursday issued a second emergency advisory to restrict watercraft due to high water on lakes in the northern part of the state.

As WISHTV.com previously reported, the first emergency advisory, issued Tuesday, affected lakes in Kosciusko County. On the Barbee Lakes Chain, the operation of all motorized watercraft is restricted. The Barbee Lakes Chain consists of Kuhn, Big Barbee, Little Barbee, Irish, Sechrist, Sawmill and Banning Lakes.

Also in Kosciusko County, an idle speed restriction has been placed on motorized watercraft on the Tippecanoe Lake Chain and Lake Wawasee; the Tippecanoe Lake Chain includes Lake Tippecanoe, Oswego and James Lakes.

The second emergency advisory, issued Thursday, placing an idle-speed restriction on motorized watercraft on the Indian Lakes Chain in southern LaGrange County. The goal is to prevent boat wakes from causing water to enter homes. The emergency advisory specifically impacts Witmer, Westler, Dallas, Hackenberg and Messick lakes, which comprise the Indian Lakes Chain.

Advertisement

Natural Resources lists its advisories on its website.

The lakes provide tourists and residents with year-round recreation including swimming, fishing, skiing, boating, kayaking and canoeing.



Source link

Advertisement
Continue Reading

Trending