Craftsman / Bungalow home in Indianapolis, IN
This Craftsman multifamily home is located in Indianapolis, IN. The Craftsman styling carries through the home's design.
| Price | $620,000 |
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| Architectural style | Craftsman / Bungalow (37% match) |
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| Address | 1521 S East Street, Indianapolis, IN 46225 |
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Why buy this home
- Confirmed Craftsman / Bungalow architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Estately.
Is this a good buy?
Priced above comparable homes.
- At $620K, this home is 176% above 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 $4,060/month with 20% down at a 7.28% 30-year fixed rate. You would need about $174,008 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $3,394/mo |
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| Property tax (new-buyer reassessed rate) | $434/mo |
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| Homeowners insurance | $233/mo |
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| Total monthly | $4,060/mo |
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| Down payment (20%) | $124,000 |
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| Income needed | $174,008/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 A+ (97 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 | A+ (97/100) |
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| Beats renting in | 93% of modeled paths |
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| Modeled 5-yr equity (median) | $570,054 |
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| Range (10th to 90th pct) | $410,109 to $758,618 |
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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 Estately