Ranch home in Indianapolis, IN
Set in Indianapolis, IN, this Ranch home provides 3 bedrooms and 2 bathrooms across 1,625 square feet. The Ranch styling carries through the home's design.
| Price | $229,900 |
|---|
| Beds | 3 |
|---|
| Baths | 2 |
|---|
| Sqft | 1625 |
|---|
| Architectural style | Ranch (51% match) |
|---|
| Address | 2120 Debello Ct, Indianapolis, IN 46214 |
|---|
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 a little under the area.
- At $230K, this home is 8% below the $250K median for 866 similar Ranch homes in Indianapolis, IN.
- That works out to $141 per square foot, 14% below the $164 comparable rate.
| This home | $229,900 |
|---|
| Ranch median in Indianapolis, IN | $250,000 (866 homes) |
|---|
| Price per sq ft | $141 vs. $164 comps median |
|---|
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 $1,506/month with 20% down at a 7.28% 30-year fixed rate. You would need about $64,523 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $1,258/mo |
|---|
| Property tax (new-buyer reassessed rate) | $161/mo |
|---|
| Homeowners insurance | $86/mo |
|---|
| Total monthly | $1,506/mo |
|---|
| Down payment (20%) | $45,980 |
|---|
| Income needed | $64,523/yr |
|---|
A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home B- (67 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- (67/100) |
|---|
| Beats renting in | 22% of modeled paths |
|---|
| Modeled 5-yr equity (median) | $118,525 |
|---|
| Range (10th to 90th pct) | $72,334 to $174,002 |
|---|
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