I would for sure think so. IMO he is the 3rd best player in the draft behind Young and Brown. Yes I think he is better than Burrow, obviously if he's healthy.
I would love to be in position to draft him
These are two different questions. As they are currently constructed no they can’t. That team couldn’t even have a winning record let alone win a Super Bowl.
Now if you add a couple of key players as the OP suggested of course they can if they are the right guys and things break the Colts way. That’s true for the vast majority of NFL teams.