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Luxury Keys
1221 Vandeman Street, Indianapolis, IN 46203
- $155,000
- 3
- BD
- 2
- BA
- 1,352
- SqFt
- Sold Price
- $155,000
- List Price
- $155,000
- Closing Date
- Jul 23, 2026
- MLS#
- 22102197
- Property Type
- Residential
- Bedrooms
- 3
- Bathrooms
- 2
- Sqft. of Residence
- 1,352
- Year Built
- 2026
- Days on Market
- 64
- Status
- SOLD
Property Description
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: $62,000, Household of 2: $70,850, Household of 3: $79,700, Household of 4: $88,550, Household of 5: $95,650, Household of 6: $102,750. All buyers must apply at SEND (Southeast Neighborhood Development) and qualify before an offer will be accepted. Sale of home to buyer is contingent upon SEND's determination that buyer's household income is at or below the HUD required 80% AMI and housing cost does not account for more than 30% of total monthly income. SEND will require a recapture agreement for the portion of the development gap / subsidy amount utilized to ensure affordability.
Additional Information
- New Construction
- Yes
- Construction Stage
- Drywall, Foundation In, Framed, Permit on File, Trim Stage, Under Roof
- Est. Completion Date
- 2026
- Foundation
- Slab
- Stories
- One
- Architecture
- Traditional
- Acres
- 0.15
- Heat
- Forced Air, Natural Gas
- Cooling
- Central Air
- Appliances
- Electric Water Heater, Electric Oven, Refrigerator
- Region
- Center
- Eating Areas
- Dining Combo/Family Room
Listing courtesy of Daniel McNeal. @properties
Selling Office: Compass Indiana, LLC.How much is your home worth?
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Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID. 
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.