See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

43 E Cragmont Dr, Indianapolis, IN, 46227

3beds
2baths
1,586sqft
$260,000
$164price/sqft
$1,911/moest. monthly cost
$76,440/yrincome needed

About This Home

Located in a quiet neighborhood in southside of Indianapolis, this beautiful ranch home features 3 bedroom with a bonus room and a sunroom. Close to I-465, downtown of Indianapolis is just 15 minutes away. Bonus room may be turned into a bedroom. Recent updates include new interior paint and cabinets. Come check it out.

Getting Around

15
WalkingCar-Dependent
20
TransitMinimal Transit
34
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 1959

Materials

  • Foundation: Block
  • Construction materials: Stone

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Electric Oven,Refrigerator,Washer

Bedroom2

  • Level: Main
  • Area: 121
  • Dimensions: 11x11

Bedroom3

  • Level: Main
  • Area: 100
  • Dimensions: 10x10

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1
  • Main level bathrooms: 2
  • Main level bedrooms: 3

Bonus Room

  • Level: Main
  • Area: 187
  • Dimensions: 17x11

Family Room

  • Level: Main
  • Area: 253
  • Dimensions: 23x11

Features

  • Attic Access
  • Number of fireplaces: 1
  • Fireplace features: Family Room
  • Fireplace: Yes
  • Attic: Access Only

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,586
  • Total interior livable area: 1,586 sqft

Kitchen

  • Level: Main
  • Area: 77
  • Dimensions: 11x7

Living Room

  • Level: Main
  • Area: 198
  • Dimensions: 18x11

Master Bedroom

  • Level: Main
  • Area: 132
  • Dimensions: 12x11

Sun Room

  • Features: Other
  • Level: Main
  • Area: 198
  • Dimensions: 18x11

Property

Details

  • Parcel number: 491412120015000500
  • Horse amenities: None

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 0.50 Acres

Parking

  • Total spaces: 2
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Tornado
Cold Wave
Heat Wave
Lightning
Strong Wind
Winter Weather

FEMA Declared Disasters Across Indiana Counties

Flood
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,314$15,768
Home Insurance *$170$2,040
Property Taxes $243$2,916
Electricity $184$2,212
Total$1,911$22,932
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$65,520/yr
40% on housing$57,330/yr
45% on housing$50,960/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.6%
10.6%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 2.3%
2.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$164This listing

vs Other Active Listings

Avg $/sqft

ZIP 46227$104
Marion County$125

vs Homes Sold Last Month

Median $/sqft

ZIP 46227$138
Marion County$131

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-07Listed for sale$273,000
2022-01-05Sold$225,000

For Sale by Agent

AgentRi Khuma
BrokerageHighgarden Real Estate

Similar Homes