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2128 N Delaware Street

Indianapolis, IN 46202

PendingListed Jul 17, 2026 · 75 days on market

Key facts

Beds
4
Baths
3 full · 1 half
Living area
1,998 sqft
Lot
0.07 acres
Year built
2026
Type
Residential · Single Family Residence
Stories
Two
MLS #
22114948
County
Marion
Subdivision
Morton Place
New construction
Yes

About this home

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.

Description provided by the listing brokerage.

Interior

Appliances
DishwasherDisposalMicrowaveElectric OvenRefrigerator
Interior features
Breakfast Bar
Basement
Finished
Rooms
12
Condition
New Construction

Exterior

Construction
Cement Siding
Foundation
Concrete Perimeter
Style
Traditional

Systems

Heating
Forced Air
Cooling
Central Air
Water
Public

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$11,418 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$2,191per month, estimated
Principal and interest $1,159Property tax $952Insurance $80
20% · $46,000
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$230,000
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