1203 Madeira St Indianapolis IN 46203 MLS 21984656

Home Description: 1203 Madeira St

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.