216 Trowbridge Street, Indianapolis, IN 46201

$160,000
3
BD
2
BA
1,480
SqFt

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List Price
$160,000
MLS#
22102248
Property Type
Residential
Bedrooms
3
Bathrooms
2
Sqft. of Residence
1,480
Year Built
2026
Days on Market
68
Status
ACTIVE

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.

Additional Information

New Construction
Yes
Construction Stage
Drywall, Foundation In, Framed, Permit on File, Trim Stage, Under Roof
Est. Completion Date
2026
Foundation
Slab
Stories
One
Architecture
Traditional
Acres
0.15
Heat
Electric, Forced Air
Cooling
Central Air
Appliances
Electric Water Heater, Electric Oven, Refrigerator
Region
Center
Eating Areas
Dining Combo/Family Room

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