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Listed by Daniel McNeal • @properties
$ 155,000
Est. payment /mo
New
1221 Vandeman ST Indianapolis, IN 46203
3 Beds
2 Baths
1,352 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,352 sqft
Price per Sqft $114
Subdivision Hosbrooks Prospect
MLS Listing ID 22102197
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 2026
Tax Year 2024
Lot Size 6,534 Sqft
Acres 0.15
Property Sub-Type Single Family Residence
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: $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.
Location
State IN
County Marion
Rooms
Main Level Bedrooms 3
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Fireplace N
Appliance Electric Water Heater, Electric Oven, Refrigerator
Building
Story One
Foundation Slab
Water Public
Architectural Style Traditional
Structure Type Vinyl Siding,Wood Siding
New Construction true
Schools
School District Indianapolis Public Schools
© 2026 All listing information is courtesy of MIBOR Broker Listing Cooperative(R) as distributed by MLS Grid. All rights reserved.
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