12027 Sellerton Dr, Fishers, IN 46037
4 beds · 3 baths · 3,011 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome to 12027 Sellerton Drive - a beautifully updated home offering incredible value in the desirable Meadow Brook Village neighborhood of Fishers! Step inside to a bright two-story entry that sets the tone for this spacious and stylish 4-bedroom home. You'll love the freshly refinished hardwood floors, brand new carpet throughout, and fresh paint that make this home truly move-in ready. Natural light pours into the formal living and dining rooms, while the eat-in kitchen opens seamlessly to the cozy family room with a fireplace and custom built-ins - perfect for everyday living and entertaining. Upstairs, you'll find four generous bedrooms, including a spacious primary suite featuring a soaking tub, walk-in shower, and ample closet space. The finished basement offers even more room to spread out, with a dedicated theater area, playroom, and bar/appliance space perfect for movie nights. Enjoy the peaceful, tree-lined backyard from your new composite deck (2020), and appreciate the oversized garage for added storage. Major updates include a new roof (2020), A/C (2022) and furnace (2024). Just a short walk from amazing neighborhood amenities including a pool, playground, basketball and tennis courts. Don't miss this incredible opportunity for comfort, style, and community!
Source: MIBOR #22032872
Source: MIBOR #22032872
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 and Equal Opportunity Act.