3/20/2010 12:49:31 PM

Hanover

Indianapolis, IN

Hanover Community

School District: Franklin Township

Contact: (317) 862-4492
(317) 250-1382

Location: (Directions | Map It)

Hours: Selling from Moeller Estates Model Home

FIRST TIME HOME BUYERS DON'T MISS OUT ON THE $8000 TAX CREDIT!
FREE MORNING ROOM ON ALL PLANS, EXCLUDING THE PISA!
1 Point Towards Closing Costs at NVR Mortgage! ‡



A balanced and rewarding daily life – that’s at the heart of the Hanover community located in Franklin Township. Here you are close to everything that will make life for you and your family both convenient and deeply enriching. Hanover is close to the area’s major interstates (I-74, I-465, and I-65) and other commuter routes (Southeastern Ave., Franklin Road and more). Thus giving you more free time at home instead of sitting in your car. The community is also close to shopping, restaurants and daily needs, so that you can save time and gasoline as you run errands. Hanover’s children attend the highly-rated Franklin Township School System, for a life that’s as enriching for them as it is for you! Come and see why Hanover is one of Indianapolis's best new home communities.

• Single-family homes with up to 5 bedrooms and up to 3 1/2 baths
• Ranch and 2-story plans available
• 2-car garages
• Every home is Energy Star Certified
• Just 15 Minutes south of Indianapolis
• Live here and enjoy quick drives to see Indianapolis finest sports teams, the Indianapolis Colts and Indianapolis Pacers
• Short drive to the Indianapolis International Airport
• Close to shopping, dining, entertainment and local malls
• 4 Star Rated Franklin Township School System
• Enjoy sidewalks, community park and stocked fishing ponds

Directions:

* No Model Home! For Directions and More Information Visit Us at Moeller Estates

To Visit the Hanover Community ~
From the North:
Head E/S on I-465
Take exit 49A for I-74 E/Southeastern Ave.
Take an immediate and the first left onto Southeastern Ave.
At stop sign turn left onto Southeastern Ave.
Travel on Southeastern Ave. for 2 miles
Turn Left at Brandenburg Blvd.
No Model in this Community

From the South:
Take I-465 S/I-74E toward Exit 49
Take Exit 49 – I-74 E Exit toward Cincinnati/Southeastern Ave.
Veer to the Left on Southeastern Ave.
Left onto E Southeastern Ave.
Travel on Southeastern Ave. for 2 miles
Turn Left at Brandenburg Blvd.
No Model in this Community


‡ This is a limited time offer and available only on new contracts when financing through NVR Mortgage. Please consult our sales representative for details.

Models Available

Starting from the Upper $90's

**Limited time only. Financing based on a 30 Year FHA loan, with an interest rate of 4.75%, an APR not to exceed 5.44%, and 3.5% down payment. Monthly payment assumes the base sales price of the community which includes principal, interest, estimated taxes, insurance, up front mortgage insurance premium and estimated tax savings based on a 28% income tax rate. We recommend that you consult a Certified Public Accountant regarding your specific tax situation and details. Monthly payment does not include homeowner's association dues. The borrower is paying 0 discount point(s). A 1% origination fee is paid by the buyer. Mortgage insurance is included in these examples because the LTV is 96.5%. Qualifying and rates on loan programs may vary based on credit criteria, final amount of down payment, and are subject to current market pricing. APR may vary depending on rate and final loan program. Certain restrictions may apply. Rates effective 3/19/2010 and subject to change without notice. Prices, offers and financing are subject to change without notice. See sales representative for details.

Product: 30 Year FHA
Sales Price: $99,990
Interest Rate: 4.75%
Downpayment: 3.5%
Property Tax Rate: 1%
Origination Fee: 1%
Discount Points: 0%
Hazard Insurance: 0.2%
PMI: 0.55%
Up Front MI: 1.75%
Downpayment Estimate: $3,500
Loan amount: $98,179
Up front mortgage insurance amount: $1,689

  $124  (Principal)
+ $389  (Interest)
+ $83  (Property Tax Estimate)
+ $17  (Hazard Insurance Estimate)
+ $45  (PMI Estimate)
+ $00  (Condo Fees)
- $108  (1st Year Tax Savings Estimate)
-------------------
$549 : Estimated Monthly Payment



Federal tax credit up to $8,000 for first-time buyers and $6,500 for move-up buyers available on homes under contract as primary residences by 4/30/2010 and settled by 6/30/2010. $8,000 tax credit is for first-time buyers or those who have not owned a primary residence in 3 years. The $6,500 credit is Available to Move-Up Buyers who have maintained the same principal residence for any 5-consecutive year period during the 8-year period ending on the date of the settlement. Income limitations and other restrictions apply. We suggest you consult a Certified Public Accountant and IRS.gov for tax advice and official requirements. Prices, financing and other offers subject to change without notice. See sales representative for details.