318 N Kealing AVE Indianapolis, IN 46201 New

UPDATED: 12/06/2025 10:58 PM ON MARKET: 2 days on market

$130,000

2 Beds1 Bath1,113 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,113 sqft

Price per Sqft $116

Subdivision Hartmans Add Robison & Voorhees

MLS Listing ID 22075759

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 2025

Tax Year 2024

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type Single Family Residence

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.