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Down payment assistance

Buying a home in Alexandria, IN

1 county program and 8 statewide.

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What’s local to Alexandria

No program run for Alexandria alone is listed. A home in Alexandria can use Madison County’s programs below, plus the Indiana statewide and federal ones.

The closest city that runs its own program is Muncie, about 16 miles away. City programs usually require the home to be inside that city’s limits.

Anywhere in Madison

1 county program

The Alexandria market

Kinds of homes here

  • 58.2% single-family
  • 1.7% townhouse
  • 20.5% 2–4 units
  • 11.9% 5+ units
  • 7.7% mobile & other

About condos. Alexandria’s one local program does not list condos as eligible. Habitat for Humanity of Madison County Homeownership Program lists single family.

U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Table B25024.

74.4%

of Alexandria homes were built before 1980. Pre-1978 homes come with a federal lead-paint disclosure.

U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Table B25034.

$83,400
County area median income, 4 people (HUD)
$64,317
Alexandria median household income

See the published limits for Madison County

Free help nearby

Free help from a HUD-approved housing counselor

Alexandria’s program asks for a homebuyer class first. Create a free account to see who’s near you and pick one.

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Across Indiana and nationwide

70 statewide & federal programs

Alexandria questions

Does Alexandria have its own down payment program?

No program run for Alexandria alone is listed. A home in Alexandria can use the 1 program that cover Madison County and the 8 statewide programs. Each program’s own site has the current terms.

Can I use assistance on a condo in Alexandria?

Alexandria’s one local program does not list condos as eligible. Habitat for Humanity of Madison County Homeownership Program lists single family. Each program’s page lists the kinds of homes it accepts, and the agency confirms it for the home you choose.

What is the income limit in Madison County?

Each program sets its own. 13 of the programs here set theirs as a share of HUD’s area median income for Madison County, adjusted for household size. HUD publishes the median each year; the 2026 figure is shown above and on the published limits page.

Where can I take a homebuyer class near Alexandria?

HUD-approved housing counseling agencies teach homebuyer classes. Create a free account and take the 90-second match to see the ones near you.

ZIP codes

46001

Sources: agency sites (June–July 2026), Census ACS 2024 5-year, HUD FY2026, HUD counseling list. Hey Prescott is not a lender.