9321 E 82nd St Indianapolis, IN 46256
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About this home
Charming 4-Bedroom 2.5 bath Single Family Home with Spacious Outdoor Living. Welcome to your new home! This inviting 4-bedroom, 2.5-bath residence offers comfortable living combined with thoughtful updates and outdoor amenities. The large, fenced backyard provides a perfect space for outdoor activities, gardening, or relaxing in privacy. Enjoy outdoor gatherings on the screened-in porch or the covered patio-ideal spots for entertaining year-round. The well-maintained kitchen features updated appliances (Double oven/range, Refrigerator, Dishwasher and Microwave) in 2019, making meal prep for your home chief a breeze. Brand new garbage disposal this week! Inside, you'll find numerous upgrades for comfort and efficiency: an updated furnace and AC unit with Aero-Sealed ductwork installed in 2020. The old wooden windows have been updated to vinyl in 2016, the water heater was replaced in 2021. The roof was replaced in 2012, complemented by new gutters, soffit, and fascia in 2018. The property includes a versatile shed (also installed in 2018) for extra storage for lawn and garden equipment or hobbies. The laundry area comes complete with a washer and dryer included for convenience. For outdoor watering/irrigation, a new well pump (2019) supplies irrigation water for outdoor spigots, while the home is connected to city water for interior use. Don't miss this wonderful opportunity to own a beautifully updated home with fantastic outdoor spaces. Schedule your showing today!
Source: MIBOR #22053068
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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.