2422 N Capitol Ave Indianapolis, IN 46208

Welcome to this newly constructed 1,408 sqft single-family home with 3 bedrooms and 2.5 bathrooms and a two car parking pad in the rear alley. The home features a stylish kitchen with stainless steel appliances, tile backsplash, stone countertops, and classic brown shaker-style cabinetry, perfect for both everyday living and entertaining. The main living area includes a cozy electric fireplace, adding warmth and character to the space. Appliances are included, along with a one-year builder warranty. Located on the Near Northside, just behind Fall Creek River and the Fall Creek Greenway Trail, and adjacent to Ivy Tech Community College, this home provides easy access with a straight drive to the IU Health District and is only minutes to Downtown Indianapolis. Property must be owner-occupied for a minimum of five (5) years. Per HOME/Federal regulations, this home must be sold to buyers at or below 80% of HUD Area Median Income (AMI). INCOME RESTRICTIONS APPLY WITHOUT EXCEPTION. HUD income limits for household members age 18+ are as follows: 1 person: $62,000; 2 persons: $70,850; 3 persons: $79,700; 4 persons: $88,550; 5 persons: $95,650; 6 persons: $102,750. Property taxes reflect nonprofit tax exemption and pre-construction assessment.