1216 Madeira Street Indianapolis, IN $ 160,000
1216 Madeira Street
$ 160,000
Recently Listed New Construction
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1216 Madeira Street

Indianapolis, IN, 46203
$ 160,000
Bedrooms3 Baths2.0 Sq 1,480

Monthly Estimate*

$ 1,118

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Single Family Home for sale in Indianapolis, IN

for $160,000 with 3 bedrooms and 2 full baths. This 1,480 square foot home was built in 2024 on a lot size of 0.1.

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: $54,150, Household of 2: $61,900, Household of 3: $69,650, Household of 4: $77,350, Household of 5: $88,500, Household of 6: $89,750. All buyers must apply at SEND (Southeast Neighborhood Development) website and qualify before an offer will be accepted. Buyer's monthly housing cost cannot exceed 30% of total monthly income, as determined by the "Affordability Analysis" located in supplements. Buyer's lender should complete affordability analysis before agent submits an offer.

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Single Family Active

Price

$ 160,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 0

Style

Ranch

Lot Size

0.1

Year Built

2024

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

21975361

Features
General
Interior Features Attic Access Center Island Windows Vinyl
Heating Forced Air Gas
Cooling Central Electric
Possession Closing
Appliances Dishwasher Dryer Electric Water Heater Disposal Microwave Electric Oven Refrigerator Washer
Architectural Style Ranch
Construction Materials Vinyl Siding
Year Built 2024
Electric 200+ Amp Service
Township Center SE
Levels One
Property SubType Single Family Residence
Tax Year 2023
County Marion
New Construction Y
Property Type Residential
HOA / Comm Assn N
Subdivision Name Hosbrooks Prospect
Garage Y/N N
Total Rooms 6
Status Active
Directions GPS Friendly
City Indianapolis
Buyer Agent Compensation 2.5
High School District Indianapolis Public Schools
MLS Area 4913 - Marion - Center Se
Lot Size Square Feet 4200
Street Name Madeira
Property Attached Y/N N
Property Condition New Construction
Virtual Tour https://youtu.be/WQThWmv4_hw
Days on Market 8
Standard Status Active
Tax Lot 120
Buyer Agent Compensation Type %
Legal Description Hasbrooks Prospect St ADD L120
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Exterior
Water Source Municipal/City
Foundation Details Slab
Building Area Total 1480
Lot Size Acres 0.1
Horse Amenities None
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Interior
Basement (Y/N) N
Full Baths 2
Half Baths 0
Street Suffix Street
Laundry Features Laundry Room
Total Bedrooms 3
Main Level Bedrooms 3
Total Baths 2
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* Excluded Features
List By
@Properties

Broker

dan@atpropertiesind.com

Email

Affordability Calculator

$1,118
Per Month
100%
0%
0%
Monthly Principal & Interest
$1,118
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4044905 Elementary School
4044909 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/7/2024$160,000 Listed Price

Map


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1216 Madeira Street, Indianapolis, IN, 46203 is a Single Family Home for sale at $160,000 with 1,480 sqft and a lot size of 0.1. 1216 Madeira Street has 3 bedrooms, 2.0 baths, and was built in 2024. The property's zip code is 46203 which is in Indianapolis, IN