Cottage / Storybook home in Indianapolis, IN
Set in Indianapolis, IN, this Cottage home provides 3 bedrooms and 2 bathrooms across 2,322 square feet. The Cottage styling carries through the home's design.
| Price | $365,000 |
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| Beds | 3 |
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| Baths | 2 |
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| Sqft | 2322 |
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| Architectural style | Cottage / Storybook (49% match) |
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| Address | 5706 Indianola Ave, Indianapolis, IN 46220 |
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Why buy this home
- Confirmed Cottage / Storybook architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Zillow.
Is this a good buy?
Priced above comparable homes.
- At $365K, this home is 46% above the $250K median for 138 similar Cottage / Storybook homes in Indianapolis, IN.
- That works out to $157 per square foot, 2% above the $154 comparable rate.
- On the market 15 days.
| This home | $365,000 |
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| Cottage / Storybook median in Indianapolis, IN | $250,000 (138 homes) |
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| Price per sq ft | $157 vs. $154 comps median |
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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 $2,390/month with 20% down at a 7.28% 30-year fixed rate. You would need about $102,440 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $1,998/mo |
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| Property tax (new-buyer reassessed rate) | $256/mo |
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| Homeowners insurance | $137/mo |
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| Total monthly | $2,390/mo |
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| Down payment (20%) | $73,000 |
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| Income needed | $102,440/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 (59 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 (59/100) |
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| Beats renting in | 10% of modeled paths |
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| Modeled 5-yr equity (median) | $162,567 |
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| Range (10th to 90th pct) | $93,335 to $243,848 |
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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 Zillow