Story Cottage at Meridian Hills

Our beautiful Indianapolis memory care home is located just north of the picturesque Meridian Hills 

At our Story Cottage at Meridian Hills you’ll have peace of mind knowing your loved one resides in a comforting home with premium safety features, surrounded by peers and a nurturing staff.

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413 East 86th Street – Indianapolis, IN 46240

(On the corner of 86th & Washington)

Story Cottage Indianapolis, IN

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If you have a loved one with memory loss, you are not alone.

Are you exploring memory care options in the Indianapolis area? You probably have a lot of questions! 

Fortunately, as one of Indianapolis’ leading memory care providers, we have a lot of answers. That’s why we’re breaking down the most frequently asked questions we encounter when new patients and their families are exploring care options. 

Read on for an insider’s perspective on memory care benefits, costs, styles, and more. 

Memory Care Indianapolis

What Is Memory Care?

Memory care is a specialized version of elder healthcare that aims to provide the support and care individuals need to lead secure, enriching, and fulfilling lives while navigating ongoing memory struggles.

Memory care typically includes services like: 

  • Medication Management
  • 24-hour Staff Supervision
  • Memory-Enriching Activities
  • Nutrition and Meal Support
  • Physical and Cognitive Therapy
  • Assistance with Personal Grooming
  • Housekeeping and Laundry Services 
  • Social Events, Opportunities, and Arrangements

Is Memory Care the Same as Alzheimer’s?

The benefits of memory care can be a great solution for individuals experiencing the early stages of Alzheimer’s disease. At later stages, a dementia care facility may be better equipped to provide the intensive support, care, and supervision necessary to ensure those suffering from severe memory loss enjoy the highest quality of life possible.

What Does It Mean to Be in Memory Care?

Being in memory care means you or your loved one will finally have access to the mental, physical, and social support they need to lead a fulfilling life in the face of ongoing memory challenges. 

It also means the burden of care will be passed from friends and family to licensed professionals trained to provide top-notch care for individuals experiencing memory degradation. Memory care homes are built from the ground up to provide comprehensive care solutions that empower patients to live happier, healthier lives without infringing on their independence or dignity.

How Much Does Memory Care Cost?

The average memory care facility cost per month across the U.S. is roughly $5,705 per month. However, it’s important to note this varies widely depending on location and required scope of care.

The highest average cost of memory care in the U.S. can be found in Washington D.C., where memory care facilities charge $11,490 per month. The lowest average monthly costs are in Georgia, where residents can expect to spend about $4,000 monthly. 

How Much Does Dementia Care Cost in Indiana?

The average cost of care in Indiana is slightly cheaper than the national average, at $5,600 per month. 

Costs can vary significantly depending on location, care needs, and local providers. For the most accurate cost estimates, we recommend searching for “memory care facilities near me” to locate local dementia care specialists for more information. The average cost of memory care in Indianapolis skews a bit higher than the state average, at roughly $6,500 per month.

How to Pay for Memory Care?

Paying for memory care is one of the most common concerns expressed by those suffering from memory loss and their families. Fortunately, there are many payment options for individuals interested in transitioning into memory care. Popular choices include:

  • Savings & Retirement Accounts
  • Long-Term Healthcare Insurance
  • Home Equity or Proceeds from Sale
  • Veterans’ Benefits
  • Medicaid Waivers and Programs

Does Medicaid Pay for Memory Care in Indiana?

Unfortunately, Medicaid does not pay for residential memory care in Indiana. 

However, there are waivers and specialized programs that, if qualified, can help individuals cover the costs of memory care. Exploring eligibility requirements for programs like  Indiana’s Aged & Disabled Waiver can significantly lighten the financial impact of memory care.

How to Tell Your Parent They Are Going to Memory Care?

Telling your parent they are going to a memory care facility can be nerve-wracking. To make the experience as smooth as possible, we recommend the following:

  • Choosing the Right Time and Place 
  • Being Empathetic and Respectful
  • Using Clear, Straightforward Language
  • Involving Them in the Process
  • Calling In Professional Support if Needed

What Is the Difference Between a Care Facility and a Nursing Home?

Memory care facilities are designed for individuals suffering from memory loss and degradation. 

What Is the Difference Between a Care Facility and a Nursing Home

While many nursing homes offer similar benefits, like 24/7 access to healthcare professionals, comfortable accommodations, and socialization opportunities with patients’ peers, they often fall short when it comes to providing the level of security, supervision, and specialized support those suffering from memory loss need to pursue healthy, happy, and engaging lives. 


For more information on memory care vs. nursing homes, reach out to our team of memory care experts today.

How Story Cottage Can Help

Story Cottage proudly supports the health and happiness of our local communities by providing the finest memory care facilities in Indiana. Our clean, comfortable, and secure memory care homes are staffed by highly-trained healthcare professionals hand-selected for their medical skills and compassionate nature. 


We ensure Story Cottage is navigating the challenges of memory loss continues to lead the fulfilling, multi-faceted lives they deserve by providing specialized mental, physical, and social care with a smile.


To learn more about memory care in Indianapolis, contact us today.

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