Story Cottage
Luxury Senior Living & Memory Care · Indianapolis, IN

Story Cottage

Luxury Senior Living & Memory Care · Indianapolis, Indiana

Overview of Story Cottage

Story Cottage is a specialized memory care community at 413 E 86th St in the Meridian Hills/Williams Creek neighborhood of Indianapolis, Indiana 46240, serving individuals with Alzheimer’s disease, dementia, and related memory disorders. The community is structured around small cottages, each housing 8–10 residents in a 2-story building designed for intimate, home-like care. Story Cottage is not CMS-certified; families using Indiana Medicaid programs should verify participation and billing directly.

The cottage model is marketed as emphasizing personalization and comfort, with intentionally designed living spaces and built-in safety features. Personalized monitoring systems are installed. Staff receive dementia care training. The facility claims staffing ratios exceeding other Indianapolis memory care communities, though specific staffing numbers (RNs, LPNs, CNAs, activity therapists, care coordinators) are not publicly reported. Activities and cognitive stimulation programming are offered for residents with cognitive impairment, but specific programming details are not disclosed.

Location is suburban with low walkability (Walk Score 25). Most errands require transportation. Downtown Indianapolis is 10.2 miles away. Ascension St. Vincent Hospital is 2.39 miles away.

Administrator, owner, operator, and organizational leadership are not identified. Total facility size (number of cottages, total resident capacity), occupancy, specific amenities, and operating hours are not disclosed. Indiana Department of Health licensing status, license number, license expiration, and regulatory oversight are not publicly available. Inspection history and compliance records are not disclosed. Financial assistance programs accepted and specific pricing are not stated.

Families should verify administrator and owner identity, facility capacity, occupancy, staffing composition (RN/LPN/CNA ratios), dementia care training, background screening, emergency response protocols, therapeutic programming, and licensing, regulatory compliance.

(317) 449-5696

Types of Care at Story Cottage

Memory Care
Walk Score
Walk Score: 25 / 100 Rank #360 / 588Walk Score — State benchmarkedThis home is ranked 360th out of 588 homes in Indiana. Shows how walkable this facility's neighborhood is compared to the average Walk Score across Indiana SNFs. Higher scores benefit residents, families, and staff.Click the rank badge to see the full State ranking.Click here to see the full State ranking.
Somewhat walkable. A few nearby services may be reachable on foot, but most trips require transportation.

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What does this home offer?

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Building Type: 2-story

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Fitness and Recreation

Places of interest near Story Cottage

Address 10.2 miles from city center Info Estimated distance in miles from Indianapolis's city center to Story Cottage's address, calculated via Google Maps. — 2.39 miles to nearest hospital (Ascension St. Vincent Hospital - Indianapolis)

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Financial Assistance for
Luxury Senior Living in Indiana

Story Cottage is located in Indianapolis, Indiana.
Here are the financial assistance programs available to residents in Indiana.

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Aged and Disabled Waiver

Indiana Medicaid A&D Waiver

Age 65+ or disabled
General Indiana resident, Medicaid-eligible, nursing home-level care need.
Income Limits (2025) ~$2,829/month 300% FBR, individual
Asset Limits $2,000 (individual), $3,000 (couple).
IN

Requires level-of-care determination.

Benefits
Personal care (5-7 hours/day) Respite (240 hours/year) Adult day care (~$60/day) Home health services

CHOICE Program

Indiana CHOICE

Age 60+
General Indiana resident, at risk of nursing home.
Income Limits ~$2,000/month varies
Asset Limits $10,000 individual
IN

Limited funding; regional variation.

Benefits
In-home care (3-5 hours/week) Respite (up to 10 days/year) Transportation (~5 trips/month)

Residential Care Assistance Program (RCAP)

Indiana Residential Care Assistance Program

Age 65+
General or blind, or disabled, Indiana resident, in approved facility, low-income or SSI recipient.
Income Limits (2025) ~$1,004/month including SSI
Asset Limits $2,000 (individual), $3,000 (couple).
IN

~50 facilities statewide; per diem rate set by FSSA.

Benefits
Room/board Laundry Minimal care coordination (~$20-$50/day subsidy)

Medicare Savings Program (MSP)

Indiana Medicare Savings Program

Age 65+ or disabled
General Indiana resident, Medicare Part A/B.
Income Limits (2025) ~$2,510/month (QMB), ~$3,380/month (SLMB), ~$3,598/month (QI)—individual.
Asset Limits $9,430 (individual), $14,130 (couple).
IN

Three tiers; no waitlist.

Benefits
Covers Part B premiums ($174.70/month) Deductibles ($240/year) Copays (~20%)

National Family Caregiver Support Program (NFCSP) Respite

Indiana NFCSP Respite Care

Age
General Caregivers of 60+ needing care or 55+ caregivers of others; Indiana resident; functional needs (2+ ADLs).
Income Limits (2025) Prioritizes ~$24,980/year (individual); no strict cap.
Asset Limits Not assessed; need-based.
IN

16 AAAs; prioritizes low-income, rural caregivers.

Benefits
Respite (4-6 hours/week or 5 days/year) Adult day care ($60/day) Caregiver training

VA Aid and Attendance (A&A) and Housebound Benefits

Indiana VA Aid and Attendance/Housebound

Age 65+ or disabled veteran/spouse
General Indiana resident, wartime service, need for ADL help (A&A) or homebound.
Income Limits (2025) Net income < ~$1,984/month (veteran with dependent, A&A); pension offsets income.
Asset Limits ~$155,356 net worth limit
IN

High veteran demand statewide.

Benefits
Cash (~$1,433-$2,642/month veteran, ~$951-$1,318 spouse) for care costs (e.g., in-home, assisted living)

Frequently Asked Questions about Story Cottage

What neighborhood is Story Cottage in?

Story Cottage is in the Meridian Hills/Williams Creek neighborhood.

Is Story Cottage in a walkable area?

Story Cottage has a walk score of 25. Somewhat walkable. A few nearby services may be reachable on foot, but most trips require transportation.

What is the phone number of Story Cottage?

(317) 449-5696 will put you in contact with the team at Story Cottage.

Is Story Cottage Medicare or Medicaid certified?

Story Cottage is not currently listed as a CMS-certified provider of Medicare or Medicaid.

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