$225,000
Bedrooms
2
Baths
3
Sq. Feet
1200
Year Built
2023
Days on Market
24
$/SqFt
$188
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Home Description: 2417 N Rural N Ave
Luxury Living at affordable pricing. This townhome has 2 bedrooms and 2.5 bathrooms, granite countertops, and stainless-steel appliances. This is an affordable housing build developed by Martindale Brightwood Community Development Corporation (MBCDC). Buyer's income must qualify under current HUD Income Limits. The property must be owner-occupied for a minimum of 10 years. 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 for income approval to MBCDC. Room Sizes are not accurate.Interested buyers should be preapproved through their lender for a minimum amount of $175,000. The $50,000 difference will be listed as a second mortgage held by the City of Indianapolis as a grant which will fall off after 10 years. Please note: if the homeowner sells before 10 years, then the "grant" MUST be repaid back to the City before the seller receives any profit and must be sold to another owner-occupied buyer who earns 80% AMI.
Available now at $225,000
Approximate Room Sizes / Descriptions
Neighborhood
The average asking price of a 2 bedroom Indianapolis home in this zip code is $127,962 (43.1% less than this home).
This home is priced at $188/sqft, which is 43.5% less than similar homes in the 46218 zip code.
Map Map | Street Street | Birds Eye Birds Eye
2417 N Rural N Ave Indianapolis IN 46218
Similar to: 2417 N Rural N Ave
For Sale Near: 2417 N Rural N Ave
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Area Stats
These statistics are updated daily from the Metropolitan Indianapolis Board of REALTORS® Multiple Listing Service. For further analysis or to obtain statistics not shown below please call Highgarden Real Estate at (317) 698-8872 and speak with one of our real estate consultants.
Listing Courtesy of Carpenter, REALTORS®. For information or to schedule a viewing of this property (MLS# 21984865) located at 2417 N Rural N Ave Indianapolis IN 46218, call: 317-698-8872
2417 N Rural N Ave, Indianapolis IN is a single family home of 1200 sqft and is currently priced at $225,000 . This single family home has 2 bedrooms. A comparable home for sale at 3012 N Temple Ave in Indianapolis is listed at $104,900. This home on 2417 N Rural N Ave has not had a price change. In addition to single family homes, Highgarden also makes it easy to find Homes, Condos, New Homes and Foreclosures in Indianapolis, IN. New Ralston Estates, Puritan Realty and Edwards Northwestern Park are nearby neighborhoods. MLS 21984865 has been posted on this site since 6/14/2024 (today).
Same day showings available 7 days / week8am - 9pm
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