About This Property
Round Barn Manor comprises 112 units in Greencastle, Indiana, with 49 designated as low-income housing. The community includes 32 one-bedroom and 32 two-bedroom units and has been in service since 1989. The property was developed using tax-exempt bond financing.
Property Details
HUD Inspection Score
HUD inspects properties on a 0-100 scale. Scores above 60 are considered passing.
Fair Market Rent - Putnam County, IN
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $827 |
| 1 Bedroom | $855 |
| 2 Bedroom | $1,124 |
| 3 Bedroom | $1,503 |
| 4 Bedroom | $1,729 |
Income Limits - Putnam County, IN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,200
- Very Low (50%)
- $25,300
- Low (80%)
- $40,450
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,900
- Low (80%)
- $46,200
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $32,500
- Low (80%)
- $52,000
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $36,100
- Low (80%)
- $57,750
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $39,000
- Low (80%)
- $62,400
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $41,900
- Low (80%)
- $67,000
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $44,800
- Low (80%)
- $71,650
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $47,700
- Low (80%)
- $76,250
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,200 | $25,300 | $40,450 |
| 2 Persons | $17,420 | $28,900 | $46,200 |
| 3 Persons | $21,960 | $32,500 | $52,000 |
| 4 Persons | $26,500 | $36,100 | $57,750 |
| 5 Persons | $31,040 | $39,000 | $62,400 |
| 6 Persons | $35,580 | $41,900 | $67,000 |
| 7 Persons | $40,120 | $44,800 | $71,650 |
| 8 Persons | $44,660 | $47,700 | $76,250 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Greencastle, IN?+
The Fair Market Rent (FMR) for Putnam County, IN is: $827 (Studio), $855 (1BR), $1124 (2BR), $1503 (3BR), $1729 (4BR). Actual rent at subsidized properties like Round Barn Manor is typically 30% of household income or less.
What size apartments are available at Round Barn Manor?+
Round Barn Manor offers the following unit types: 32 One-Bedroom, 32 Two-Bedroom units, for a total of 112 units.
What is the HUD inspection score for Round Barn Manor?+
Round Barn Manor has a HUD inspection score of 92 out of 100, which is considered excellent. HUD inspects subsidized housing properties to ensure they meet minimum health and safety standards. Scores of 60 or above are considered passing.
What are the income limits for affordable housing in Putnam County, IN?+
For a 4-person household in Putnam County, IN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $36,100, Low Income (80% AMI): $57,750. These limits are set by HUD and updated annually.
What is the price range for apartments in Greencastle, IN?+
Based on Fair Market Rent for Putnam County, the estimated price range is: 1-bedroom: $855, 2-bedroom: $1124. Actual rent at Round Barn Manor may be lower for income-eligible households.
Who manages Round Barn Manor?+
Round Barn Manor is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Round Barn Manor?+
Round Barn Manor is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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