This is a large three-bedroom, two-bath, two-story, four-square style house with great bones that was built in the early 1900’s. We’re pumped about the restoration work that has begun on it.
It’s in the Springdale neighborhood and just two blocks from Spades Park, the South Drive of Brookside Parkway, and the developing Pogue’s Run Biking/Hiking Trail (2015). It’s near both Paramount School of Excellence and The Oaks Academy Brookside–two excellent schools.
The house is being restored according to the critical design standards of the St. Clair Place Pattern Book. Like all NEAR houses, it will include a security/alarm system.
This house is planned to be complete by the end of May 2015. It is listed for sale with realtor Jay Pearl.
Do you qualify for this home?
This home is one of 12 houses being restored or newly constructed as part of NEAR’s ‘Welcome HOME’ Project. This initiative is supported by HUD’s HOME program, which makes quality homeownership accessible and affordable to low to moderate-income households. These houses are available for homeownership to households with total incomes at or less than 80% of Area Median Income (AMI).
The 2015 Indianapolis 80% AMI limits are:
- Household of 1: $38,150
- Household of 2: $43,600
- Household of 3: $49,050
- Household of 4: $54,500
- Household of 5: $58,900
- Household of 6: $63,250
- Household of 7: $67,600
- Household of 8: $71,950
It is possible to purchase a ‘Welcome HOME’ house before it is completed.
Please let us know of your interest in this address, our ‘Welcome HOME’ Project, or NEAR’s other homeownership possibilities.