What Is HUD’s Dollar Home Program?

What Is HUD’s Dollar Home Program?

Have you ever heard about the HUD Dollar Home Program? The United States Department of Housing and Urban Development is a Cabinet department in the Executive branch of the US government. HUD sponsors many programs. One of them is the Dollar Home Program. FHA homes that have been foreclosed upon and failed to sell after six months on the market are offered to local governments for just $1. This program lets communities choose ways to revitalize neighborhoods. The improved single family homes are then resold to low-to-moderate income families within the community. The availability of houses changes all of the time due to the nature of the program. You can check the HUD website to see if there are any Dollar Home Program properties in Dubois County.

This program helps local governments foster chances for families on a tight budget to become homeowners. The $1 pricetag to the local governments makes it possible for the local government to fix up a distressed house. After making repairs, these homes are sold at a generous discount. In all, it also helps out the community by eliminating empty homes, attracting new residents, attracting new businesses and fostering growth in the neighborhood. When homes are repaired, the value of the homes in the whole neighborhood increases, the community becomes safer and everyone benefits over having the home sit empty.

Are You Ready to Move to the Area?

If you’re interested in moving to a community near Jasper, Indiana, check out our listings. Become familiar with the area. Before you start shopping for a home in Indiana, it’s a good idea to explore areas you might like to live in — that way you can get a feel for what properties are available and how much you’ll need to spend. We’ll help you find homes for sale in the most beautiful parts of Indiana.

Let us know if you want us to be on the lookout for Evansville or Dubois County homes with solar arrays, geothermal systems or other green upgrades too!

Are You Thinking of Buying a Home in Dubois County?

Use our site to search homes for sale in Jasper, Dubois, Spencer, Martin and Davis counties and all of our surrounding areas. Unlike the “big name” sites out there, at Sell 4 Free Welsh Realty our site is directly connected to our local MLS and is updated with new homes every hour. By signing up for New Listing alerts you can stay on top of the newest homes for sale and get price change alerts so you can stay ahead of other buyers and beat them to the hottest deals!

Start your Home Search now

Popular Jasper Indiana Home Searches:

Newest Homes for Sale in Dubois County

View the newest homes listed in Dubois County in the last 10 days:

Rare opportunity to customize and make your own! This massive 4-bedroom, 4-full bath residence offers over 4,200 square feet of spacious, versatile living space, perfect for families of all sizes. Nestled in a serene location, edging a golf course and close to restaurants and shopping, this property boasts a unique blend of character and comfort, while presenting an incredible opportunity for customization and enhancement as a fixer upper. As you step inside, you'll find an enclosed porch with numerous windows, creating a bright and airy space ideal for relaxing, reading, or enjoying the outdoors without leaving the comfort of your home. Next, you’ll be greeted by the living, dining, and kitchen areas. The kitchen offers plenty of room and light along with dining space. Just off the kitchen is a dining room, or if preferred, could be used as your home office. The living room features large picture windows with a cozy fireplace. Throughout the home, you'll find beautiful original hardwood floors that add warmth and character to each room. The four generously sized bedrooms provide ample space for relaxation and privacy. The master bedroom is complemented with an en suite containing a closet which offers the convenience of main level laundry. One of the standout features of this home is the walkout deck on the upper level, offering a gorgeous view. Whether you're enjoying your morning coffee or hosting an evening gathering, this outdoor space is perfect for soaking in the beauty of the surrounding landscape.  The home is also equipped with two HVAC units, ensuring optimal comfort and climate control year-round, no matter the season. Additionally, the 2-car garage offers not only parking but also additional storage space. The garage includes a walkout basement, providing endless possibilities for customization – think of it as a blank canvas for your workshop, home gym, or additional storage area. For added convenience, the home features two laundry hook-ups, allowing you the flexibility to choose either the main level or the basement for your laundry needs. Both the main and basement levels are enhanced by cozy fireplaces, perfect for creating a warm and inviting atmosphere. The house also boasts numerous built-in storage solutions and an abundance of closet space, ensuring that all your belongings have a place. Don't miss out on this exceptional fixer-upper – it's a rare find in today's market and an opportunity you won't want to pass up. Sold "As Is" $232,500 Active

1804 Newton Street Jasper, Indiana

4 Beds 4 Baths 4,281 SqFt 0.490 Acres

Listing courtesy of Jesse Peters from eXp Realty, LLC.

Introducing this charming all-brick home featuring a desirable split floor plan with three bedrooms and  two and half baths.  Enjoy ample natural light in the cozy sun porch, perfect for relaxation or entertaining.  This home offers a blend of comfort and functionality with its open floor plan.  Dining room has a sliding door leading out to the secluded patio.  Half bath also serves as the laundry room with a stackable washer and dryer which is included and only 2 years old.  The overhead garage doors and microwave are 2 years old.  Dishwasher is 6 months new. Driveway has an extra parking pad. $282,000 Pending

1659 White Oak Drive Jasper, Indiana

3 Beds 3 Baths 1,449 SqFt 0.350 Acres

Listing courtesy of Brenda Krempp from RE/MAX Local.

Welcome to your worry-free dream home! This immaculate real estate listing boasts a myriad of recent upgrades, ensuring you can move in without the stress of potential breakdowns. From a recently replaced roof and a brand new HVAC unit, bathroom fixtures, kitchen cabinets, windows, blinds, landscaping, and kitchen appliances, every aspect of this property has been carefully refurbished for your comfort and convenience.   Additionally, you’ll find a new washer and dryer, garbage disposal, and flooring, completing the picture of a truly move-in ready residence. With immediate possession available, you can start enjoying your new home without delay. To further ease your mind, the seller has provided a home inspection for your convenience, giving you peace of mind about the quality and condition of your new abode. Don't miss this opportunity to step into a home that's not just beautiful but also worry-free and ready for you to make it your own. $215,000 Active

415 Giesler Road Jasper, Indiana

3 Beds 2 Baths 1,296 SqFt 0.280 Acres

Listing courtesy of Ryan Craig from RE/MAX Local.