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1221 Vandeman Street

Indianapolis IN 46203

3
2
1352 sq. ft.
6316 sq. ft.
Single-Family
Currently for sale - view listing

Overview

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: $62,000, Household of 2: $70,850, Household of 3: $79,700, Household of 4: $88,550, Household of 5: $95,650, Household of 6: $102,750. All buyers must apply at SEND (Southeast Neighborhood Development) and qualify before an offer will be accepted. Sale of home to buyer is contingent upon SEND'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. SEND will require a recapture agreement for the portion of the development gap / subsidy amount utilized to ensure affordability.

Features

3 bedrooms
2 bathrooms
1352 sq. ft. floor area
6316 sq. ft. lot size
Single-Family

Happy sellers in Indianapolis

<50%
Less than 50% of sellers in Indianapolis reported that their sale price either exceeded or met their price expectations.

Indianapolis stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Indianapolis over the last 12 months.

Local market activity for 3 bedroom single-family properties in Indianapolis

In the last 12 months, 340 three-bedroom single-family properties similar to 1221 Vandeman Street, have been sold.

This represents a 19% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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