ZIP Code Report · 2026-10-24
ZIP 46901 Foreclosure & Distressed-Property Data
Property-related court filings in ZIP 46901 (Kokomo), Indiana, in Howard County. Foreclosure, probate, divorce, and partition cases. These are the early-stage filings that precede MLS listings by months or years.
Based on public court filings, analyzed by Keystone. As of October 2026.
- 17.9% absentee owners: the share of filings in ZIP 46901 where the owner mailing address differs from property.
- $107,634 median property value in court-filed properties in this ZIP.
- 42.9% Foreclosure, the dominant filing category in ZIP 46901.
Filing type breakdown
| Lead type | Share |
|---|---|
| Foreclosure | 42.9% |
| Divorce | 31.4% |
| Probate / Estate | 25.7% |
Property values in ZIP 46901
Based on estimated property values from public property records.
Related areas
ZIP 46901 (Kokomo) falls within Howard County, Indiana. Full county-level analysis: Howard County Intelligence Report · Howard County subscription page.
Nearby ZIPs in Indiana: 46902 · 46845 · 46835 · 46970 · 46975.
How foreclosure works in Indiana
Indiana is strictly a judicial foreclosure state. Every residential mortgage foreclosure must go through the circuit or superior court in the county where the property is located. There is no non-judicial (power of sale) option.
From first missed payment to sheriff sale: approximately 7 to 12 months. Uncontested cases in lower-volume counties can run 5 to 7 months. Contested cases or courts with heavy dockets (Marion, Lake) can reach 12 to 18 months.
- Default (Day 0): Borrower misses mortgage payments, typically 60–90 days delinquent before the lender acts.
- Demand letter (Day 60–90): Lender sends a demand/acceleration letter to the borrower. No court involvement yet.
- Complaint filed (Day 120+): Lender files a Verified Complaint on Note and Mortgage Foreclosure with the county court. This is the first public court record.
- Service of process (Day 130–150): Borrower is formally served with the lawsuit. They have 20 days to respond.
- Answer period expires (Day 150–170): If the borrower does not answer, the lender can move for default judgment.
- Summary or default judgment (Day 170–240): Court enters a judgment of foreclosure, either by default (no answer) or after motion for summary judgment.
- Sheriff sale scheduled (Day 200–270): A minimum of 30 days after judgment, the sheriff sale is scheduled under IC 32-29-7-3.
- Sheriff sale (Day 270–360): Public auction conducted by the county sheriff. Winning bidder must bring certified funds.
- Confirmation and deed (Day 280–380): Court confirms the sale. Sheriff’s deed is issued to the winning bidder.
- Eviction (Day 290–400): If the homeowner remains, a separate eviction action is filed after the deed is issued.
Redemption: Indiana eliminated the post-sale redemption right for mortgage foreclosures in 2004 (IC 32-29-7-7). There is no statutory right of redemption after the sheriff sale. The sale is final upon court confirmation.
Deficiency judgments: Yes. Under IC 32-29-8-2, the lender can pursue a deficiency judgment for the difference between the debt and the fair market value of the property at time of sale.
Reinstatement: Borrowers can cure the default (pay arrears, fees, and costs) at any time before judgment is entered. After judgment, full payoff of the accelerated balance is required.
Mediation: Indiana has no mandatory mediation program for residential foreclosures.
Full guide: How foreclosure works in Indiana. Federal servicing rules: the CFPB 120-day pre-foreclosure rule (12 CFR 1024.41(f)).
Read more: Indiana foreclosure timeline and the foreclosure timeline by state.
Howard County at a glance (public statistics)
County seat: Kokomo.
| Measure | Value | Source |
|---|---|---|
| Population | 83,610 | Census |
| Housing units | 39,795 | Census |
| Homes that are owner-occupied | 72% | Census |
| Median home value | $152K | Census |
| Housing units that are vacant (U.S.: 10%) | 12% | Census |
| Homes that are single-family detached (U.S.: 61%) | 76% | Census |
| Homes built before 1940 (U.S.: 12%) | 18% | Census |
| Residents aged 65 or older (U.S.: 17%) | 20% | Census |
| Owner-occupied homes with no mortgage (owned free and clear) (U.S.: 39%) | 36% | Census |
| Median age of residents (U.S.: 38.9) | 41.0 | Census |
| HUD Fair Market Rent, 2-bedroom, monthly (Kokomo, IN) | $1,123 | HUD |
| HUD Fair Market Rent, 3-bedroom, monthly (Kokomo, IN) | $1,388 | HUD |
| New housing units permitted in 2025 | 106 | Census |
| Change in units permitted, 2024 to 2025 | -45% | Census |
Sources: U.S. Census Bureau American Community Survey and Building Permits Survey; HUD Fair Market Rents.
Related guides
Frequently asked questions
What court filings does Keystone Court Data cover in ZIP code 46901?+
Keystone Court Data covers property-related court filings in ZIP code 46901 in Kokomo, Indiana (Howard County), including: Foreclosure, Divorce, Probate / Estate. New filings are added as they are recorded.
What types of court cases are most common in ZIP 46901?+
In ZIP 46901, the filing breakdown is: Foreclosure (42.9%); Divorce (31.4%); Probate / Estate (25.7%).
What is the typical property value of court-filed properties in ZIP 46901?+
The median estimated property value for court-filed properties in ZIP 46901 is $107,634, based on public property records. The middle 50% of properties range from $70,548 to $140,681 in estimated property value. Values are sourced from public property records.
What share of court-filed properties in ZIP 46901 have absentee owners?+
17.9% of court-filed properties in ZIP 46901 have an owner whose mailing address differs from the property address. Absentee or out-of-state owners may face additional pressure to sell when a court filing is filed against the property.
New court records for ZIP 46901
Subscribe to Howard County on Keystone Court Data to receive new property-related Indiana court filings, including filings in ZIP 46901. Delivered from the day of filing. 7-day free trial.
View Howard County availabilityCite: Keystone Court Data, "ZIP 46901 Foreclosure & Distressed-Property Data," 2026-10-24, https://keystonecourtdata.com/reports/46901-foreclosure-data