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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.
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
Amenities
Monthly Cost Estimate
$1,150/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
544 N Dearborn Street
Indianapolis, IN 46201
Hoffmans E Mich St
Features & Amenities
Interior Features
Property Details
Construction
Pool Features
Heating
Cooling
Appliances
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.








