7418 W Old State Road 252, Edinburgh, IN 46124
5 beds · 4 baths · 3,697 sqft
Step into luxury country living with this custom-built Modern Farmhouse on 4.37 sprawling acres! Designed for those who crave space, style, and serenity, this 5-bedroom, 3.5-bath estate is packed with high-end features and unmatched charm. Inside, you'll find two cozy fireplaces, elegant shiplap walls, and oversized double-pane windows flooding the home with natural light. All new high-end LVP flooring throughout main level. The gourmet kitchen is a chef's dream, featuring quartz countertops, a stunning custom island, and premium stainless steel appliances. The master suite is a true retreat, featuring a spa-like bath with a custom tiled shower, freestanding tub, walk-in linen closet, and an unbelievable 27'x8' master closet. Plus, enjoy a bonus room perfect for a home office, nursery, or personal gym! The fully finished walkout basement provides even more living space, while the oversized heated and cooled 3-car garage includes a built-in dog kennel for your furry friends. Outside, the features keep coming! Relax on the expansive wraparound porch, entertain on the deck with a gazebo overlooking the heated pool, or shoot hoops on your private basketball court. With quick access to I-65 (just 1 mile away), you can get downtown Indy in 30 minutes and downtown Columbus in 15 minutes. Garage is wired for an electric vehicle charger. This home is the perfect blend of luxury and practicality. Don't miss this one-of-a-kind dream home with low property taxes-schedule your private showing today!
Source: MIBOR #22027253
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: MIBOR #22027253
To qualify, you must meet the current FHA or VA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50%. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Save search” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 620, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.