Sequoia

For

$309,990

Est. Payment

$1,770 /mo

Own a home at Palermo Gardens
Temporary Interest Rate Buydown Subsidy Available.
Year 1: Payment of $1,770, based on a 3.25% Interest Rate, 6.684% APR
Year 2: Payment of $1,942, based on a 4.25% Interest Rate
Year 3: Payment of $2,125, based on a 5.25% Interest Rate
Year 4-30: Payment of $2,318, based on a 6.25% Interest Rate

Principal & Interest

$1,321

Property Tax

$258

Hazard Insurance

$52

Mortgage Insurance

$139

Total estimated monthly payment

$1,770

Financing example based on a FHA 30 year fixed loan product with a 3-2-1 buydown. Based on a sales price of $309,990, a loan amount of $303,531 and a 3.5% down payment. Principal and interest payment of $1,321/month with a rate of 3.25% for year one, $1,493/month with a rate of 4.25% for year two, $1,676/month with a rate of 5.25% for year three, $1,869/month with a rate of 6.25% for year four and an APR of 6.684%. Rates come at a cost of 1.125% of the loan amount. Real estate taxes are estimated at $258 per month, mortgage insurance is estimated at $139 per month and hazard insurance is estimated at $52 per month for a total monthly payment of $1,770 for year one, $1,942 for year two, $2,125 for year three and $2,318 four years 4-30. Interest rate is based on a 30 day rate lock. Rates and APR on loan programs may vary based on credit criteria, final amount of down payment and are subject to current market pricing. Maximum product permissible Interested Party Contribution Limits and QM points/fee limits apply. Certain restrictions may apply. Prices, offers and financing are subject to change without notice. Financing is available through NVR Mortgage Finance, Inc. NMLS ID# 1127.

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Get in touch with us to learn more about this home.

Located in Palermo Gardens

4 Bedroom

1,749 Sq.Ft.

2 Full Bath

1 Half Bath

2 Car Garage

Floor Plan

Virtual Tour

About the Home

Available Now

Move into your new home this spring at Palermo Gardens, the lowest-priced new single-family homes in Franklin Township.

Upgrade to a new home with all the inclusions you want and the space you need. Ideally situated on a homesite backing to open space, you'll enjoy included features like:
• 4 beds, 2.5 baths
• Rear covered patio
• Sit-at kitchen island
• 2nd floor loft
• Dual vanities in primary en-suite
• Upgraded white cabinetry
• Luxury Vinyl Plank flooring

Schedule your visit to tour this move-in ready home and learn more!

Located in the

Palermo Gardens Community

4123 PALERMO DRIVE
Indianapolis, IN 46239

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