ZIP
47040
IN · County 18115 · pop 5,408 (population)
34.9
Opportunity Index
WATCHLISTNational rank #9841
Why This ZIP
ZIP 47040 ranks #9841 nationally with phase WATCHLIST. Primary driver: BANK_INSTITUTIONAL. Capital opportunity score is 39.4, signal coverage 7/10 (88% data coverage, HIGH confidence).
ZIP 47040 — Historical Price + Stress Trajectory
50 years FHFA HPI · 2.3 years quarterly stress signalsloading…
Overlay:
🟡 HPI Index (left axis) = FHFA House Price Index annual values from FHFA HPI-AT-BDL ZIP5 dataset · 1975–2025 · base 100. Overlay (right axis) = quarterly stress signal blended with annual HPI YoY where available. annual + quarterly data points loaded.
Parent County 18115 — ZIP 47040 highlighted
Opportunity Index 0-100 · As of — · Auto-refresh 60s
★ 0 sweet
0 buyers-market
0 ZIPs
Parent County 18115 — ZIP 47040 highlightedNational 5y🔥 top = HOT zips · ⊘ bottom = BAD · hover for values
ZIPs in Parent County 18115 — ZIP 47040 highlighted — ranked by opportunity
click any row to drill in · gold ★ = sweet spot| # | ZIP | Opp | Phase | Driver | Action | Bank Mv | Cap Rdy | Disc% | Vac% | Short | REO | Why |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No ZIPs for this county. | ||||||||||||
▲ Top 3 Bullish Signals
| Listings Discount | 50.1 |
| Property Stress | 11.0 |
| Foreclosure / Delinquency | 10.0 |
▼ Top 3 Risk Signals
| Bank Institutional | 64.2 |
| Construction Pressure | 61.5 |
⚠ Missing Data
Auction / REOFL Deep BonusHOA / Federal LiensInsurance Distress
Coverage: 88%
Confidence: HIGH
⇅ Rank
National rank#9841
PhaseWATCHLIST
Primary driverBANK_INSTITUTIONAL
Capital opp39.4
Pulse score31.9
Signal Breakdown — 10 Categories
Vacancy
4.0
Auction / REO
—
Construction Pressure
61.5
FL Deep Bonus
—
Property Stress
11.0
HOA / Federal Liens
—
Listings Discount
50.1
Bank Institutional
64.2
Insurance Distress
0.0
Foreclosure / Delinquency
10.0
Top-Line Metrics
Avg DOM (days)
78.0
Price Cut %
—%
Short-Sale Listings
1
Auction Events 90d
—
Vacancy %
4.0%
Bank Score
64.2
Insurance Score
0.0
Listings Discount
50.1
Benchmark vs County vs State vs National
| Tier | Pulse | FC | Ins | Disc |
|---|---|---|---|---|
| ZIP 47040 | 31.9 | 9.1 | 0.0 | 50.1 |
| County 18115 | 29.0 | 9.3 | 0.0 | 45.5 |
| IN state avg | 31.4 | 14.7 | 0.0 | 33.2 |
| National | 31.0 | 17.4 | 0.4 | 28.4 |
Related ZIPs — Same County (4)
| ZIP | Opp | Phase | Driver | Disc | Stress |
|---|---|---|---|---|---|
| 47011 | 35.0 | WATCHLIST | LISTINGS_DISCOUNT | 49 | 19 |
| 47001 | 32.0 | EARLY_SIGNAL | BANK_INSTITUTIONAL | 53 | 11 |
| 47017 | 29.4 | WEAK | VACANCY | — | 16 |
| 47018 | 26.8 | WEAK | BANK_INSTITUTIONAL | 22 | 12 |
DLRadar data · last update 10/20/2026, 9:32:01 AM
API: /api/economic-pulse/zip/47040
Methodology: the opportunity index blends the pulse reading with capital opportunity. Signals from methodology.