17364 Prairie Baptist Rd Noblesville, IN 46060
Your savings
About this home
A Modern Farmhouse with Heart and History - One Acre of Peaceful Country Living in Hamilton County Step into a piece of history with this beautifully updated early-1900s farmhouse, perfectly blending timeless character with modern comfort. Nestled on one spacious, private acre surrounded by open farm fields, this three-bedroom, two-bath home offers the best of both worlds - serenity and a top-rated Hamilton Southeastern school district. No HOA. No close neighbors. Just space to breathe, grow, and live freely. Every detail has been thoughtfully upgraded for comfort and peace of mind, including a new roof, new gutters, Hardie siding, new furnace, new AC, and a new hot water heater. The home's charm endures, but the hard work is done - a perfect combination of history and modern reliability. Outside, enjoy an organic paradise: raised garden beds ready for planting, established non-GMO fruit trees (peach, apple, plum, and cherry), and thriving blackberries and raspberries. A healthy red wiggler compost keeps the soil rich, and the yard - untouched by chemicals or sprays for over eight years - offers a safe haven for kids, pets, and pollinators alike. The small round-roof barn is ready for chickens or small animals, completing your homestead dream. With a 250-ft private well providing clean, delicious water and a spacious yard for campfires, gardens, and barefoot tire-swing afternoons, this is a place where memories are made. They don't build homes like this anymore - full of soul, surrounded by peace, and ready for the next family to love.
Source: MIBOR #22067849
Loan details
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.