Find USDA Eligible Properties in Monroe County

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There are 549 USDA backed residential loans in Monroe county with an average loan balance of $120,729. Over 80% of the loans helped first time home buyers. Borrowers were an average age of 37 years old. The typical appraised home value was around $120,205. On average the rural home size purchased with this loan was approximately 1,322 SqFt. Monroe county applies the standard USDA income limits to determine loan eligibility. For a household of upto 4 people the income limit is $90,300. For a household of between 5 and 8 people the income limit is increased to $119,200.

The size of Monroe County is roughly 1,063 square kilometers. USDA defined regions of rural loan ineligibility in Monroe cover 138 square kilometers of the county. Approximately 13.0% of Monroe County is ineligible for traditional USDA home loans. The influence score for Monroe County is 2. Look below for the interactive county level map illustration below for more details.

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Start your search for USDA loan eligible properties in the cities of Monroe County, IN   Monroe QR code
* cities most likely to have USDA loan eligible properties for sale.

Bloomington   •   Broadview   •   Cascade   •   Chapel Hill   •   Clear Creek   •   Dolan   •   *Ellettsville   •   Elwren   •   Fleener   •   Forest Park Heights   •   Garden Acres   •   *Harrodsburg   •   Hindustan   •   Kirby   •   Kirksville   •   Knight Ridge   •   Lancaster Park   •   Leonard Springs   •   Marlin Hills   •   Modesto   •   Mount Tabor   •   *SmithvilleSanders   •   Stanford   •   *Stinesville   •   Sunny Slopes   •   Unionville   •   Van Buren Park   •   Victor   •   West Brook Downs   •   Woodville Hills   •   Yellowstone

A USDA loan is a mortgage option available to eligible homebuyers that is sponsored by the United States Department of Agriculture to promote homeownership in rural communities. USDA Loans, sometimes called "RD Loans," offer 100% financing options on eligible rural properties. USDAProperties can help you find USDA properties in Monroe County.

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View the detailed USDA boundaries and read about general conditions of
Monroe County, Indiana
USDA Boundary Details

Monroe County, located in the great state of Indiana, was established on January 14, 1818, and named after James Monroe, the fifth President of the United States who was serving during the time of the county's inception. The county seat, Bloomington, was founded in the same year and became a hub for education, technology, and culture in the state over time.

One of the most significant historical events in Monroe County was the establishment of Indiana University in Bloomington in 1820, just two years after the county's founding. This public research institution has played a vital role in shaping the educational and cultural landscape of Indiana and the nation.

During the 19th century, Monroe County was involved in limestone quarrying, which contributed to the growth of the local economy. The famous Indiana limestone, also known as Bedford limestone, was used in constructing several iconic buildings in the United States, such as the Empire State Building and the Pentagon.

A fun fact about Monroe County, Indiana, is that it's home to the Hoosier National Forest, a nearly 203,000-acre protected area known for its scenic beauty, hiking trails, and diverse wildlife. This picturesque forest attracts thousands of visitors every year who enjoy outdoor recreational activities such as camping, fishing, and horseback riding.

Featured Cities of Indiana
Lancaster_Park Sunny_Slopes
Featured Properties from USDA Loan Eligible Regions of Monroe County
8333 S Old State Road 37 Hwy
Bloomington, IN

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5311 S Southway Dr
Bloomington, IN

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700 E Dillman Rd
Bloomington, IN

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