1125 N 12th St Noblesville, IN 46060
Your savings
About this home
Extraordinary find in the HEART of NOBLESVILLE! 5 bdrm/4 bth home w/over 4,000 sq ft! This completely remodeled modern farmhouse offers elegant design and modern features throughout! Hard to find: owners' suite on the main! Welcomed by towering trees as the backdrop of this sprawling farmhouse, its curb appeal is on-point! Most stunning home on the block! Open the door to traditional design only improved to meet the needs of today's buyers. LVP flooring flowing seamlessly through the foyer and rest of the first floor. Home office w/blt-ins or possible 2nd bedroom on the main tucked off the foyer. Also flanking the foyer: Greatroom that's drenched in natural light, stately fireplace becoming the focal point of the room! Step off of the greatroom into a sunroom, a cozy place to curl up with your favorite book! Kitchen that's been redesigned and it's just GORGEOUS! NEW custom cabinets floor to ceiling, subway tile backsplash, Quartz counters, breakfast bar/expansive island. Complete w/SS appliances! A sizable dining room tucked off the kitchen completes this space. Mudroom/Laundry room and Bonus room make up the space off the family friendly foyer! So many possibilities! Owners' Suite on the main tucked off the rear of the home for privacy. Ftrs a vaulted ceiling, BRAND NEW ensuite bath w/luxury tile shower, dual sink furniture vanity and WIC! Upstairs: 4 additional bedrooms, 2 Full baths, built-ins and spacious closets for plenty of storage! Check out the basement with a family room complete with 2nd cozy fireplace and built-ins! Workshop and plenty of unfinished space for a home gym! Step out the backdoor to your backyard that's complete with a new deck for grilling and entertaining this Fall! Towering trees line the backyard offering shade and privacy. Above the second garage is an additional finished space, not included in the square footage! Picture a retreat away from the main house, a playhouse for the kids, tons of possibilities! This home is such a hard find!
Source: MIBOR #22060566
Neighborhood
45-day close guarantee
Close stress-free in 45 days, handled start to finish by Roam.
Roam Price Match
If you find a better price on any home, we’ll match it.
FAQs
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Save search” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.