Skip main navigation
Active
  • Price cut: $5K (5/29)
    $215,000

    544 N Dearborn St, Indianapolis, IN 46201

    3beds
    2,820sqft
    : 
    Loading
    Get pre-qualified
    Residential, Single Family Residence
    Built in 1913
    4,356 Square Feet Lot
    $-- Zestimate®
    $76/sqft
    $-- HOA

    What's special

    En-suite bathLarge deckOff-street parkingPrivate upstairs primary suiteThree spacious bedroomsFully fenced backyardWalk-in closet
    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.
    185 days
    |
    112
    |
    16
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Robbin Edwards 317-508-1806,

    Encore Sotheby's International,

    Jason Hughes 317-658-5892

    Source: MIBOR as distributed by MLS GRID,MLS#: 22078687MLS Logo

    Loading...

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      • Main level bathrooms: 1
      • Main level bedrooms: 2
      Primary bedroom
      • Level: Upper
      • Area: 200 Square Feet
      • Dimensions: 10X20
      Bedroom 2
      • Level: Main
      • Area: 100 Square Feet
      • Dimensions: 10X10
      Bedroom 3
      • Level: Main
      • Area: 100 Square Feet
      • Dimensions: 10X10
      Kitchen
      • Level: Upper
      • Area: 100 Square Feet
      • Dimensions: 10x10
      Living room
      • Level: Main
      • Area: 100 Square Feet
      • Dimensions: 10X10
      Heating
      • Electric, Forced Air, Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Electric Cooktop, Dishwasher, Electric Water Heater, Microwave
      Features
      • Kitchen Island, Ceiling Fan(s), Hardwood Floors, Walk-In Closet(s)
      • Flooring: Hardwood
      • Basement: Unfinished
      Interior area
      • Total structure area: 2,820
      • Total interior livable area: 2,820 sqft
      • Finished area below ground: 0

      Property

      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered, Deck
      • Fencing: Fenced,Full,Gate
      Lot
      • Size: 4,356 Square Feet
      Details
      • Parcel number: 491005159016000101
      • Horse amenities: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Bungalow
      • Property subtype: Residential, Single Family Residence
      Materials
      • Vinyl With Brick
      • Foundation: Block
      Condition
      • New construction: No
      • Year built: 1913

      Utilities & green energy

      • Water: Public

      Community & HOA

      Community
      • Subdivision: Hoffmans E Mich St
      HOA
      • Has HOA: No
      Location
      • Region: Indianapolis

      Financial & listing details

      • Price per square foot: $76/sqft
      • Tax assessed value: $196,800
      • Annual tax amount: $4,178
      • Date on market: 1/9/2026
      • Cumulative days on market: 188 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/29/2026Price change$215,000-2.3%$76/sqft
        Source: MIBOR as distributed by MLS GRID #22078687 Report a problem
        2/20/2026Price change$220,000-7.9%$78/sqft
        Source: MIBOR as distributed by MLS GRID #22078687 Report a problem
        1/9/2026Listed for sale$239,000+22.6%$85/sqft
        Source: MIBOR as distributed by MLS GRID #22078687 Report a problem
        9/17/2024Listing removed$1,680$1/sqft
        Source: Zillow Rentals Report a problem
        7/10/2024Price change$1,680+20%$1/sqft
        Source: Zillow Rentals Report a problem
        7/7/2022Listed for rent$1,400+3.7%
        Source: Zillow Rental Network Premium Report a problem
        3/27/2021Listing removed--
        Source: Zillow Rental Network Premium Report a problem
        3/23/2021Listed for rent$1,350
        Source: Zillow Rental Network Premium Report a problem
        3/16/2021Sold$195,000-7.1%$69/sqft
        Source: MIBOR as distributed by MLS GRID #21760604 Report a problem
        2/11/2021Pending sale$210,000$74/sqft
        Source: MIBOR as distributed by MLS GRID #21760604 Report a problem
        1/25/2021Price change$210,000-3.7%$74/sqft
        Source: MIBOR as distributed by MLS GRID #21760604 Report a problem
        1/15/2021Listed for sale$218,000+772%$77/sqft
        Source: MIBOR as distributed by MLS GRID #21760604 Report a problem
        2/20/2020Sold$25,000+29.9%$9/sqft
        Source: Public Record Report a problem
        7/15/2019Sold$19,250-28.4%$7/sqft
        Source: MIBOR as distributed by MLS GRID #21640641 Report a problem
        7/9/2019Pending sale$26,900$10/sqft
        Source: Wilmoth Group #21640641 Report a problem
        6/24/2019Price change$26,900-10%$10/sqft
        Source: Wilmoth Group #21640641 Report a problem
        5/14/2019Listed for sale$29,900+647.5%$11/sqft
        Source: Wilmoth Group #21640641 Report a problem
        10/6/2016Sold$4,000$1/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,179 -3.9%$196,800 +11.8%
        2024$4,348 -6.2%$176,100 -3.9%
        2023$4,635 +18%$183,300 -6.6%
        2022$3,929 +144.1%$196,300 +15.3%
        2021$1,609 +8.7%$170,300 +145%
        2020$1,480 +14%$69,500 +10.8%
        2019$1,298 +30.1%$62,700 +15%
        2018$998 +12.2%$54,500 +19.8%
        2017$890 +12.8%$45,500 +16.1%
        2016$788 -64.4%$39,200 +24.1%
        2014$2,213 +219.3%$31,600 -13.7%
        2013$693 $36,600 +18.4%
        2012$693 $30,900 -22%
        2011-- $39,600
        2010$823 -2.5%$39,600
        2009$844 $39,600
        2007-- $39,600 -16.8%
        2006-- $47,600 +21.4%
        2005-- $39,200
        2004-- $39,200
        2003-- $39,200 +192.5%
        2002-- $13,400 +200.4%
        2001-- $4,460
        2000-- $4,460
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Near Eastside

        Getting around

        47 / 100
        Car-Dependent
        42 / 100
        Some Transit
        64 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes