SOLD – 849 JEFFERSON
SOLD – 851 JEFFERSON
This 1870’s-era double, long-abandoned, is arguably the most distinguished-looking house in St. Clair Place. It’s tall, all-brick structure and flat roof make it stand out among all others.
We are in the process of restoring this strong structure into two compelling town homes that will be sold separately.
The two town homes will each have 2 spacious bedrooms and 1.5 baths. The interior walls are unfinished exposed brick with exposed spiral duct work. The first floor is open concept. Each town home has a 3/4 basement. Each town home includes a detached one-vehicle garage. House and garage include alarms. The restoration will meet the critical design standards of the St. Clair Place Pattern Book.
849 and 851 N. Jefferson Avenue are planned to be complete in May 2015.
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.