Ranch home in Indianapolis, IN
Set in Indianapolis, IN, this Ranch manufactured home provides 3 bedrooms and 2 bathrooms across 1,056 square feet. Its Ranch character defines the property's look.
| Price | $50,700 |
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| Beds | 3 |
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| Baths | 2 |
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| Sqft | 1056 |
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| Architectural style | Ranch (48% match) |
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| Address | 9027 Rushmore So #1103, Indianapolis, IN 46234 |
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Why buy this home
- Confirmed Ranch architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Trulia.
Is this a good buy?
Priced below comparable homes.
- At $51K, this home is 80% below the $250K median for 866 similar Ranch homes in Indianapolis, IN.
- That works out to $48 per square foot, 71% below the $164 comparable rate.
- New to market (5 days), so expect competition.
| This home | $50,700 |
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| Ranch median in Indianapolis, IN | $250,000 (866 homes) |
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| Price per sq ft | $48 vs. $164 comps median |
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It is well below comparable homes, which can mean condition issues, a smaller lot or living area, a leasehold, or a data quirk. Check the source listing before getting excited. 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 $332/month with 20% down at a 7.28% 30-year fixed rate. You would need about $14,229 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $278/mo |
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| Property tax (new-buyer reassessed rate) | $35/mo |
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| Homeowners insurance | $19/mo |
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| Total monthly | $332/mo |
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| Down payment (20%) | $10,140 |
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| Income needed | $14,229/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home C+ (65 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 | C+ (65/100) |
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| Beats renting in | 19% of modeled paths |
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| Modeled 5-yr equity (median) | $24,553 |
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| Range (10th to 90th pct) | $14,706 to $36,396 |
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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