Farmhouse / Modern Farmhouse home in Indianapolis, IN
This Farmhouse home in Indianapolis, IN offers 5 bedrooms and 3 bathrooms across 3,597 square feet. Its Farmhouse character defines the property's look.
| Price | $545,000 |
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| Beds | 5 |
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| Baths | 3 |
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| Sqft | 3597 |
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| Architectural style | Farmhouse / Modern Farmhouse (50% match) |
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| Address | 7020 Eastwick Lane, Indianapolis, IN 46256 |
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Why buy this home
- Confirmed Farmhouse / Modern Farmhouse 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 $545K, this home is 50% above the $363K median for 17 similar Farmhouse / Modern Farmhouse homes in Indianapolis, IN.
- That works out to $152 per square foot, 3% above the $147 comparable rate.
| This home | $545,000 |
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| Farmhouse / Modern Farmhouse median in Indianapolis, IN | $362,900 (17 homes) |
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| Price per sq ft | $152 vs. $147 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 $3,569/month with 20% down at a 7.28% 30-year fixed rate. You would need about $152,959 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $2,983/mo |
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| Property tax (new-buyer reassessed rate) | $382/mo |
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| Homeowners insurance | $204/mo |
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| Total monthly | $3,569/mo |
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| Down payment (20%) | $109,000 |
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| Income needed | $152,959/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 (60 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 (60/100) |
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| Beats renting in | 12% of modeled paths |
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| Modeled 5-yr equity (median) | $247,853 |
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| Range (10th to 90th pct) | $140,424 to $373,381 |
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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