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About This Home

This 3-bedroom, 2-bathroom single family at 544 N Dearborn Street in Indianapolis, IN is listed for $215,000 ($130 per sqft). Built in 1913, the home offers 1,660 sqft of living space on a 0.10 acres lot.

Agent Description

Whether you're searching for your first home or your next investment property, 544 N Dearborn offers a rare combination of move-in-ready condition, proven rental history, and long-term upside in one of Indianapolis' rapidly evolving Near Eastside neighborhoods.

Previously rented for $1,650/month with consistent occupancy over the past five years, this property presents an attractive opportunity for investors seeking immediate income potential. For owner-occupants, the home's flexible layout and updated finishes provide the perfect foundation to move in today and add personal touches over time.

Inside, you'll find an open-concept living space filled with natural light, an updated kitchen with a large center island, three spacious bedrooms, and a private upstairs primary suite complete with a walk-in closet and en-suite bath. The fully fenced backyard, large deck, and off-street parking add functionality that's increasingly hard to find at this price point.

Located just minutes from downtown Indianapolis, Bottleworks District, Mass Ave, and major employment centers, this home sits in an area that continues to see strong investment and redevelopment activity. With comparable renovated homes selling throughout the surrounding neighborhood and a motivated seller ready to make a deal, this is an opportunity buyers won't want to miss. Ideal as a first home, long-term rental, or portfolio addition.

Key Features

  • Built in 1913
  • 0.10 acre lot
  • 2 stories

Property Details

2 stories
2 full
1913

Amenities

A/C

Monthly Cost Estimate

$1,150/mo

20% down · 6.5% · 30 years

Principal$155
Interest$932
Insurance$63

Estimates only. Actual payments may vary.

Location

544 N Dearborn Street

Indianapolis, IN 46201

Hoffmans E Mich St

Features & Amenities

Interior Features

Kitchen IslandPaddle FanHardwood FloorsWalk-In Closet(s)

Property Details

Construction

Vinyl With Brick

Pool Features

Deck

Heating

Electric (Heating)Natural GasForced Air

Cooling

Central Air

Appliances

Electric CooktopDishwasherElectric Water HeaterMicrowave

Questions & Answers

This 3-bedroom, 2-bathroom single family at 544 N Dearborn Street is listed at $215,000 ($130/sqft). The estimated monthly payment is $932 based on 20% down at 6.5% interest.

Key features include: Built in 1913, 0.10 acre lot, 2 stories. Interior Features: Kitchen Island, Paddle Fan, Hardwood Floors.

This property is listed by Robbin Edwards and can be reached at (317) 660-4444 or robbin.edwards@encoresir.com.

RE

Robbin Edwards

Agent at Encore Sotheby's International

(317) 660-4444

Listed by Encore Sotheby's International · View on Broker Site

MLS# 22078687· Source: listhub· Updated 169 days ago

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544 N Dearborn Street, Indianapolis, IN 46201

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