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Bloomington
Restorations, Inc.
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Historic Properties for Sale:
Affordable Housing Program
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A listing of
historic properties offered by Bloomington Restorations, Inc. for purchase
through our Affordable Housing Program.
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8130 N. Medley St., Stinesville
Price $79,000
***SOLD***
A new house with an old look, this is one of three
new-construction houses BRI is building in the historic district of
Stinesville. Just as you would expect in an old house, there is a front
porch and lots of big windows. Inside are spaces that are designed to meet
contemporary needs and tastes, but there's still window and door trim and
woodwork like in old houses. The house is so well insulated and energy
efficient that it's rated an Energy Star home. Call 336-0909 for more
details.
Click here for detailed
drawings of this house.
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Main & Market
streets, Stinesville
Price to be determined
This two-bedroom house is to be built across the street from
the Stinesville Merchantile. It's a Katrina cottage with 936 square feet of
space. A full front porch provides outdoor space. Just as you would expect
in an old house, there are higher ceilings and lots of big windows. Inside,
though, are spaces that are designed to meet contemporary needs and tastes.
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8160 N. Medley St., Stinesville
Estimated price $79,000
One of three new house designs created for BRI, this old-style
house is being built in the historic district of Stinesville. Just as you
would expect in an old house, there is a front porch and lots of big
windows. Inside are spaces that are designed to meet contemporary needs and
tastes, but there's still window and door trim and woodwork like in old
houses. The house will be so well insulated and energy efficient that it
will be rated an Energy Star home.
The house at 8160 N. Medley is a mirror image (reversed layout) of the house
at 8130 N. Medley. Click here for detailed
drawings of the house at 8130 N. Medley.
Call 336-0909 for more details.
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Notes:
All BRI properties
are sold with protective covenants requiring BRI approval of any exterior
alteration of existing structures or new construction.
Buyers of houses
in the Affordable Housing Program must make less than 80 percent of the
county's median income. Those annual income limits, by household size, are:
one person, $35,350; two people, $40,400; three people, $45,450 and four
people, $50,500. The houses are sold with affordability deed restrictions
that require that the house remain affordable for 10 years after the initial
sale. The new owner must live in the house for 10 years or sell to another
buyer who meets the income restrictions.
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