Craftsman / Bungalow home in Indianapolis, IN
This Craftsman home in Indianapolis, IN offers 4 bedrooms and 2 bathrooms. Notable features include a deck / patio. The Craftsman styling carries through the home's design.
| Price | $205,000 |
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| Beds | 4 |
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| Baths | 2 |
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| Architectural style | Craftsman / Bungalow (50% match) |
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| Address | 1329 Kappes St, Indianapolis, IN 46221 |
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Why buy this home
- Confirmed Craftsman / Bungalow architecture, matched from the listing photos by Enzo's vision model.
- Features: deck / patio.
- Links directly to the original source listing on Trulia.
Is this a good buy?
Priced a little under the area.
- At $205K, this home is 9% below the $225K median for 255 similar Craftsman / Bungalow homes in Indianapolis, IN.
No square footage is listed, so the per-square-foot comparison is not available. 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 $1,342/month with 20% down at a 7.28% 30-year fixed rate. You would need about $57,535 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $1,122/mo |
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| Property tax (new-buyer reassessed rate) | $144/mo |
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| Homeowners insurance | $77/mo |
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| Total monthly | $1,342/mo |
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| Down payment (20%) | $41,000 |
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| Income needed | $57,535/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 B+ (76 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+ (76/100) |
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| Beats renting in | 39% of modeled paths |
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| Modeled 5-yr equity (median) | $123,215 |
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| Range (10th to 90th pct) | $76,816 to $174,018 |
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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