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1234 N Dearborn Street

Indianapolis, IN 46201

4 beds
2 baths
1,972 sqft
6,360 sqft lot
$126 per sqft
1911 build

Welcome to 1234 Dearborn St, Indianapolis, a fully renovated 4-bedroom, 2-bathroom home offering nearly 2,000 square feet of modern living space in the up-and-coming Brookside Park neighborhood. Located just a short walk to the park and only 5 minutes from downtown, this area is seeing rapid growth with new construction and beautifully remodeled homes popping up all around. This spacious home has been completely redone inside and out, featuring all-new flooring, paint, lighting, kitchen, bathrooms, siding, roof, windows, and more! The open floorplan and durable LVP flooring is perfect for today's living, with a main level bedroom and full bath for added flexibility. A partial unfinished basement offers storage and houses the mechanicals, while a detached garage and carport provide ample off-street parking and additional space. Whether you're an owner-occupant looking for a move-in-ready home or an investor seeking cash flow, this property checks all the boxes. It's turnkey and ready to go. Investors can exceed the 1% rule by renting to Section 8 tenants, with 4-bedroom voucher rates up to $2,551/month, or explore mid-term and short-term rental options thanks to the home's condition and location. Don't miss this opportunity to own a beautiful, fully updated home in a rapidly appreciating neighborhood. Schedule your showing today! No seller financing.

Listing courtesy of MIBOR / Keller Williams Indpls Metro N

Last checked: Checking… • Last updated May 6, 2025 •

MLS# 22036075 —

The Building

Year Built:

1911
New Construction:

false
Construction Materials:

Vinyl Siding
Architectural Style:

TraditonalAmerican
Levels:

One and One Half
Basement:

true
Basement:

Partial, Unfinished
Foundation Details:

Block
Patio And Porch Features:

Covered Porch
Accessibility Features:

No
Green Certification:

No
Upper SqFt:

896
Building Area Total:

2412

Interior

Rooms:

8
Rooms Total:

8
Rooms Total:

8
Interior Features:

Eat-in Kitchen
Eating Area:

Dining Combo/Kitchen
Laundry Features:

Connections All

Room Dimensions

SqFt:

1972
Main Level SqFt:

1076
Living Area:

1972

Location

Directions:

GPS Friendly
Latitude:

39.78453
Longitude:

-86.111281

The Property

View:

true
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Attached:

false
Parcel Number:

490732103338000101
Acres:

<1/4 Acre
Lot Features:

Mature Trees
Lot Size Acres:

0.15
Lot Size SqFt:

6,360 Sqft
Price Per Acre:

1666667
Additional Parcels:

false
View:

false
Waterfront:

false
Fencing:

Partial
Horse Amenities:

None
Fence:

Yes

Listing Agent

Contact info:

Taxes

Tax Lot:

18
Tax Year:

2024
Tax Exemptions:

None
Semi Annual Property Tax Amt:

1393

Beds

Beds:

4
Bedrooms:

4
Bedrooms Total:

4
Main Level Bedrooms:

1
# of Bedrooms Upper:

3

Baths

Baths:

2
Full Baths:

2
Full Baths:

2
Full Baths Main:

1
Full Baths Upper:

1

The Listing

Virtual Tour Branded:

Virtual Tour
Virtual Tour Unbranded:

Virtual Tour

Heating & Cooling

Heating:

Forced Air, Natural Gas
Cooling:

None

Utilities

Water Source:

Municipal/City
Solid Waste:

Yes

Appliances

Appliances:

Electric Oven, Range Hood, Refrigerator

Schools

High School District:

Indianapolis Public Schools

The Community

Subdivision Name:

Fletcher South Brookside
Spa:

false
Pool Private:

false
Association:

false

Parking

Parking Features:

Carport, Detached
Garage:

true
Garage Spaces:

1
Garage SqFt:

252

Monthly cost estimate

Asking price

$250,000

Expense	Monthly cost
Mortgage	$1,338
Taxes	$232
Insurance	$68
Utilities	$180 See report
Total	$1,818/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
5/6/25 May 6, 2025	Listed / Active	MIBOR	$250,000	117.4% (61.3% / YR)
6/7/23 Jun 7, 2023		MIBOR	$115,000	-3.4%
5/11/23 May 11, 2023		MIBOR	$119,000

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This house located in East Side, Indianapolis, IN 46201 is currently for sale for $250,000. 1234 N Dearborn Street is a 1,972 square foot house with 4 beds and 2 baths. 1234 N Dearborn Street is in the East Side neighborhood of Indianapolis and has a WalkScore® of 56, making it somewhat walkable. This house is in the attendance area of Brookside School 54, Arsenal Technical High School, George Washington Community High School, Arlington Middle School, and Riverside High School.

Listing Courtesy of: MIBOR and Keller Williams Indpls Metro N.

IDX information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data is deemed reliable but is not guaranteed accurate by the Broker Listing Cooperative® listing service