Craftsman / Bungalow home in 3229 N Tacoma Ave Indianapolis, IN
This 1,488-square-foot Craftsman home in Indianapolis, IN includes 3 bedrooms and 2 bathrooms. Its Craftsman character defines the property's look.
| Price | $239,000 |
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| Beds | 3 |
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| Baths | 2 |
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| Sqft | 1488 |
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| Architectural style | Craftsman / Bungalow (73% match) |
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| Address | 3229 N Tacoma Ave Indianapolis, IN 46218 |
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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 Movoto.
Is this a good buy?
Priced a little above the area.
- At $239K, this home is 6% above the $225K median for 255 similar Craftsman / Bungalow homes in Indianapolis, IN.
- That works out to $161 per square foot, 24% above the $130 comparable rate.
- On the market 15 days.
| This home | $239,000 |
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| Craftsman / Bungalow median in Indianapolis, IN | $225,000 (255 homes) |
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| Price per sq ft | $161 vs. $130 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 $1,565/month with 20% down at a 7.28% 30-year fixed rate. You would need about $67,077 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $1,308/mo |
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| Property tax (new-buyer reassessed rate) | $167/mo |
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| Homeowners insurance | $90/mo |
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| Total monthly | $1,565/mo |
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| Down payment (20%) | $47,800 |
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| Income needed | $67,077/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+ (96 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+ (96/100) |
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| Beats renting in | 90% of modeled paths |
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| Modeled 5-yr equity (median) | $209,145 |
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| Range (10th to 90th pct) | $146,571 to $277,522 |
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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 Movoto