Presidential Estates

2855 Windridge Dr, Madison, IN 47250

Waiting List Forecast: Likely Long or Closed

check_circleVerified for 2023 by Colleen Carter
Rent Beds Baths SqFt
Call for Rents 1 - 3 Beds 1 - 1.5 Bath 586 - 1,211 Sq Ft
check_circle  Project-Based Rental Assistance

Waitlist Forecast

Since this property may have a Section 8 Property Based Rental Assistance contract with rental assistance available to its residents, it is likely the property has a waiting list. Sometimes these waiting lists can be months or years long and may or may not be accepting new applicants. You should contact the property to verify.

Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.

At Presidential Estates, you'll discover your comfort is our number one priority thanks to our dependable maintenance and friendly staff. Presidential Estates is located just minutes from shopping and restaurants and just up the hill from historic Madison and beautiful Clifty Falls State Park!

Dave's Thoughts On Presidential Estates

This property participates in the Section 8 Project-Based Rental Assistance program meaning the rent for many, if not all, units is based on a tenant's income. You would not pay more than 30% of your income for rent. To qualify, you must earn 50% or less of the Area Median Income (AMI), which you can find on this page’s income chart. Also, project-based Section 8 properties tend to have longer waiting lists, with some with waiting lists going out for years. This property was also financed through a HUD-insured private mortgage meaning the owner has oversight from both a private bank and HUD. This usually means Presidential Estates is kept in good condition. Since this property has a project-based Section 8 contract, you won't need a Section 8 voucher to live here. If you have a voucher, you may have to give it up to live here.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Presidential Estates Amenities

  • Playground
  • Community Room
  • Washer and Dryer Hookup
  • Laundry Facilities

Units at Presidential Estates

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) 586ft2 Rent is Based On Your Income
1 Bedroom (1/1) 596ft2 Rent is Based On Your Income
2 Bedroom (2/1) 746ft2 Rent is Based On Your Income
2 Bedroom (2/1) 749ft2 Rent is Based On Your Income
2 Bedroom (2/1.5) 961ft2 Rent is Based On Your Income
3 Bedroom (3/1.5) 1211ft2 Rent is Based On Your Income

Income Qualification for Presidential Estates

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI* 1 person 2 people 3 people 4 people 5 people 6 people
30% AMI for PBRA Units $16,600 / year $19,720 / year $24,860 / year $30,000 / year $35,140 / year $40,280 / year
50% AMI for LIHTC Units $27,650 / year $31,600 / year $35,550 / year $39,450 / year $42,650 / year $45,800 / year
50% AMI for PBRA Units $27,650 / year $31,600 / year $35,550 / year $39,450 / year $42,650 / year $45,800 / year
80% AMI for PBRA Units $44,200 / year $50,500 / year $56,800 / year $63,100 / year $68,150 / year $73,200 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Presidential Estates

Does Presidential Estates have a waiting list?

Presidential Estates probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.

Are rents subsidized at Presidential Estates?

We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.

What property management company manges Presidential Estates?

Presidential Estates is managed by Dominion Realty Inc headquartered in Indianapolis, Indiana.

In addition to Presidential Estates, how many other affordable housing properties (and units) are there in Madison?

In addition to Presidential Estates, we list 8 other affordable properties in Madison. Learn about these properties here. Our data research shows that there are a total of 418 affordable units in Madison.

When was the Presidential Estates listing last updated?

Presidential Estates listing on Affordable Housing Online was last updated on 02/17/2023 by Colleen Carter. Remember, a property's status can change so you should contact the property to confirm.

Listings Near Presidential Estates

Windridge Apartments

2855 Windridge Drive, Madison, Indiana 47250

bed 1-4

Madison Heritage Apartments

101 W 2nd Street, Madison, Indiana 47250

bed Studio-1
payment Subsidized
elderly Senior

Rivertrace Apartments

150 Broadway St, Madison, Indiana 47250

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible

Willowview Apartments

3100 Bevcher Dr, Madison, Indiana 47250

payment Subsidized
accessibility Accessible
accessible_forward Disability

Valley Court Apartments

559 Ovo Dr, Madison, Indiana 47250

switch_access_shortcut Short Wait
accessibility Accessible

Riverside Tower Lofts

1001 W. 2nd Street , Madison, Indiana 47250

bed 1-2
switch_access_shortcut Short Wait
accessibility Accessible
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

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