520 N Gray Street, IN 46201

$180,000
3
BD
3
BA
2,536
SqFt

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List Price
$180,000
Status
ACTIVE
Days on Market
18
MLS#
22114789
Subtype
Residential
Year Built
1915
Bedrooms
3
Bathrooms
3
Full Baths
2
Half Baths
1
Living Area
2,536
Acres
0.12
Subdivision
Langes E Michigan St
MLS Area Major
Center

Property Description

This home must be sold to income-eligible buyers as their primary residence and purchased through the Indianapolis Neighborhood Housing Partnership (INHP). A buyer's income cannot exceed 80% of the area median income, and the buyer must be pre-approved for a mortgage loan through INHP or one of its lender partners. See attached income chart in supplemental attachments. Eligible buyers will be offered a "Fair Market Value Reduction" (subsidy) that will reduce their loan amount, and effectively, the purchase price of the home when sold.

Additional Information

Interior Features
Attic Access, Breakfast Bar
Taxes
$1,041
Appliances
Dishwasher, Disposal, Microwave, Electric Oven, Refrigerator
Air Conditioning
Central Air
Stories
Two
Foundation
Block

Listing courtesy of Berkshire Hathaway Home.

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