Ranch home in Indianapolis, IN
This Ranch home in Indianapolis, IN offers 4 bedrooms and 1.5 bathrooms across 3,060 square feet. Standout details include deck / patio, fireplace, and hardwood floors.
| Price | $315,000 |
|---|
| Beds | 4 |
|---|
| Baths | 1.5 |
|---|
| Sqft | 3060 |
|---|
| Architectural style | Ranch (87% match) |
|---|
| Address | 3409 McLaughlin St, Indianapolis, IN 46227 |
|---|
Why buy this home
- Confirmed Ranch architecture, matched from the listing photos by Enzo's vision model.
- Features: deck / patio, fireplace, hardwood floors.
- Links directly to the original source listing on Trulia.
Is this a good buy?
Priced a little under the area.
- At $315K, this home is 26% above the $250K median for 866 similar Ranch homes in Indianapolis, IN.
- That works out to $103 per square foot, 37% below the $164 comparable rate.
| This home | $315,000 |
|---|
| Ranch median in Indianapolis, IN | $250,000 (866 homes) |
|---|
| Price per sq ft | $103 vs. $164 comps median |
|---|
Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $2,063/month with 20% down at a 7.28% 30-year fixed rate. You would need about $88,407 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $1,724/mo |
|---|
| Property tax (new-buyer reassessed rate) | $221/mo |
|---|
| Homeowners insurance | $118/mo |
|---|
| Total monthly | $2,063/mo |
|---|
| Down payment (20%) | $63,000 |
|---|
| Income needed | $88,407/yr |
|---|
A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home B- (68 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | B- (68/100) |
|---|
| Beats renting in | 23% of modeled paths |
|---|
| Modeled 5-yr equity (median) | $163,768 |
|---|
| Range (10th to 90th pct) | $101,111 to $239,974 |
|---|
A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Indianapolis, IN where local data is thin.
Local home values
Typical home values in Indianapolis, IN have risen about 23% over the past 5 years (+1% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Trulia