Victorian / Queen Anne home in Indianapolis, IN
Set in Indianapolis, IN, this Victorian home provides 5 bedrooms and 2 bathrooms across 4,004 square feet. Standout details include deck / patio, fireplace, and hardwood floors. The Victorian styling carries through the home's design.
| Price | $699,900 |
|---|
| Beds | 5 |
|---|
| Baths | 2 |
|---|
| Sqft | 4004 |
|---|
| Architectural style | Victorian / Queen Anne (90% match) |
|---|
| Address | 1319 N Alabama, Indianapolis, IN 46202 |
|---|
Why buy this home
- Confirmed Victorian / Queen Anne architecture, matched from the listing photos by Enzo's vision model.
- Features: deck / patio, fireplace, hardwood floors.
- Links directly to the original source listing on Estately.
Is this a good buy?
Priced a little under the area.
- At $700K, this home is 137% above the $295K median for 45 similar Victorian / Queen Anne homes in Indianapolis, IN.
- That works out to $175 per square foot, 30% above the $135 comparable rate.
| This home | $699,900 |
|---|
| Victorian / Queen Anne median in Indianapolis, IN | $295,000 (45 homes) |
|---|
| Price per sq ft | $175 vs. $135 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 $4,583/month with 20% down at a 7.28% 30-year fixed rate. You would need about $196,433 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $3,831/mo |
|---|
| Property tax (new-buyer reassessed rate) | $490/mo |
|---|
| Homeowners insurance | $262/mo |
|---|
| Total monthly | $4,583/mo |
|---|
| Down payment (20%) | $139,980 |
|---|
| Income needed | $196,433/yr |
|---|
A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home B- (70 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- (70/100) |
|---|
| Beats renting in | 25% of modeled paths |
|---|
| Modeled 5-yr equity (median) | $376,521 |
|---|
| Range (10th to 90th pct) | $235,299 to $551,867 |
|---|
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