new homes for an even lower price!

Martindale on the Monon is currently offering a new way to purchase a quality new home at an affordable price. Thanks to grant funding and low mortgage rates from our sponsors, we have seven homes with monthly payments as low as $590 per month for qualified buyers! These 2 and 3 bedroom homes are next to Douglas Park and are perfect for families. Stop throwing your money away on rent and come see us today. A new home is now within your reach!

To qualify for these homes, buyers must have a household income below 80% of Area Median Income (For example, a family of three earning no more than $46,900 can qualify for assistance). For $14,999 in down payment assistance, buyers must agree to live in the home for five years. For $19,999 in down payment assistance, buyers must agree to live in the home for ten years. Please contact Martindale on the Monon to see whether you qualify.

Step One: Choose Your Lot

The following lots are available with this special pricing:

• 2412 N Arsenal Ave
• 2416 N Arsenal Ave
• 2453 N Arsenal Ave
• 2457 N Arsenal Ave
• 1501 E 25th St
• 2320 Dr Andrew J Brown Ave
• 2331 Dr Andrew J Brown Ave

Step Two: Choose Your Home

The Adams
3 Bedrooms, 2 Bathrooms
The Adams
Sales Price  
With a Five Year Grant $118,350
Monthly Payment $672
With a Ten Year Grant $113,350
Monthly Payment $644
The Cynthia
3 Bedrooms, 1.5 Bathrooms
The Cynthia
Sales Price  
Five Year Grant $117,800
Monthly Payment $669
Ten Year Grant $112,800
Monthly Payment $640
The Delaware
2 Bedrooms, 1 Bathroom
The Delaware
Sales Price  
Five Year Grant $109,340
Monthly Payment $621
Ten Year Grant $104,340
Monthly Payment $592

(Monthly payment is principle and interest only and assumes a rate of 5.5%)

Martindale on the Monon
1236 E 16th Street Indianapolis, IN 46202
(317) 923-1650
Equal Housing Opportunity