1205 Madeira ST Pending

Indianapolis,IN 46203

$ 155000

3 Beds

2 Baths

1480 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Pending

Purchase Type For Sale

Square Footage 1,480 sqft

Price per Sqft $104

Subdivision Hosbrooks Prospect

MLS Listing ID 22008949

Bedrooms 3

Full Baths 2

Year Built 2024

Tax Year 2023

Lot Size 4,356 Sqft

Property Description

This is an affordable housing build developed by Southeast Neighborhood Development (SEND). Buyer's income must qualify under current HUD Income Limits. Property must be owner-occupied. INCOME RESTRICTIONS APPLY WITHOUT EXCEPTION! HUD HOME Program Income Limits - total combined household income of all members 18+ cannot exceed the following income thresholds: Household of 1: $57,650, Household of 2: $65,850, Household of 3: $74,100, Household of 4: $82,300, Household of 5: $88,900, Household of 6: $95,500. All buyers must apply at SEND (Southeast Neighborhood Development) website https://www.sendcdc.org/home-ownership and qualify before an offer will be accepted. Sale of home to buyer is contingent upon City of Indianapolis Department of Metropolitan Development's determination that buyer's household income is at or below the HUD required 80% AMI and housing cost does not account for more than 30% of total monthly income.

Location

State IN

County Marion

Interior

Heating Forced Air,Gas

Cooling Central Electric

Exterior

Exterior Feature Storage Shed

Building

Story One

Foundation Slab

Water Municipal/City

Structure Type Vinyl Siding

New Construction true

Schools

School District Indianapolis Public Schools

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