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Down payment assistance

Buying a home in Bourbon, IN

8 statewide.

Find my programs

What’s local to Bourbon

No program run for Bourbon or for Marshall County alone is listed. A home in Bourbon can use the Indiana statewide and federal programs below.

The closest city that runs its own program is Mishawaka, about 25 miles away. City programs usually require the home to be inside that city’s limits.

The Bourbon market

Kinds of homes here

  • 82.3% single-family
  • 0.4% townhouse
  • 10.4% 2–4 units
  • 5% 5+ units
  • 1.9% mobile & other

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

78.4%

of Bourbon 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.

$93,300
County area median income, 4 people (HUD)
$73,510
Bourbon median household income

See the published limits for Marshall County

Free help nearby

Free help from a HUD-approved housing counselor

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Across Indiana and nationwide

70 statewide & federal programs

Bourbon questions

Does Bourbon have its own down payment program?

No program run for Bourbon alone is listed. A home in Bourbon can use the 8 statewide programs. Each program’s own site has the current terms.

Can I use assistance on a condo in Bourbon?

Each program sets which kinds of homes it accepts. Where the agency publishes them, the program’s page lists them; the agency confirms it for the home you choose.

What is the income limit in Marshall County?

Each program sets its own. 12 of the programs here set theirs as a share of HUD’s area median income for Marshall 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 Bourbon?

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

46504

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