If you are in the market to add an investment property to an existing portfolio or purchase your first investment property do not pass this one up. The current monthly income is $2032 and both tenants have leases that do not end until 2027. The roof was replaced earlier in 2026 and the furnaces are about 6 years old. This property is conveniently located within minutes of shops, restaurants, and a grocery store. Occupants can easily get where they need to go including downtown Indianapolis after a short commute. The units feature hard surfaced flooring throughout making maintenance a breeze. The units are spacious enough for tenants to have plenty of room to relax or entertain guests but efficient enough to not be a maintenance burden. Pictures were taken prior to tenants occupying units. Tenants rights apply. Please do not disturb tenants if driving by.
Active
$155,000
850 N Dearborn St, Indianapolis, IN 46201
2beds
2baths
--sqft
Multi Family, Duplex
Built in 1915
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Hard surfaced flooring throughout
- 2 days
- 109
- 14
Zillow last checked:
Listing updated:
Listed by:
Evan Wilbrandt 317-600-1062,
Wilmoth Group
Source: MIBOR as distributed by MLS GRID,MLS#: 22122867
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Appliances
- Laundry: Other
Features
- Has basement: Yes
Property
Parking
- Details: Unit Parking(On Street)
Lot
- Size: 4,356 Square Feet
- Features: Sidewalks
Details
- Parcel number: 491005214036000101
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Materials
- Wood Siding
Condition
- New construction: No
- Year built: 1915
Community & HOA
Community
- Subdivision: E T Woods Oakland Park
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $144,800
- Annual tax amount: $3,546
- Date on market: 8/27/2026
- Cumulative days on market: 3 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/27/2026 | Listed for sale | $155,000+82.4% |
Source: | ||
| 11/18/2020 | Sold | $85,000+466.7% |
Source: Public Record Report a problem | ||
| 7/25/2020 | Listing removed | $625 |
Source: Indy Houses Plus Report a problem | ||
| 7/14/2020 | Price change | $625-0.8% |
Source: Indy Houses Plus Report a problem | ||
| 5/19/2020 | Listed for rent | $630 |
Source: Indy Houses Plus Report a problem | ||
| 10/15/2015 | Sold | $15,000-25% |
Source: Public Record Report a problem | ||
| 5/21/2015 | Listed for sale | $20,000-9.1% |
Source: Complete Real Estate Solutions #21354823 Report a problem | ||
| 2/3/2015 | Listing removed | $22,000 |
Source: Complete Real Estate Solutions LLC #21313171 Report a problem | ||
| 2/3/2015 | Listed for sale | $22,000 |
Source: Complete Real Estate Solutions LLC #21313171 Report a problem | ||
| 12/14/2014 | Pending sale | $22,000 |
Source: Complete Real Estate Solutions LLC #21313171 Report a problem | ||
| 9/4/2014 | Listed for sale | $22,000+125.6% |
Source: Complete Real Estate Solutions LLC #21313171 Report a problem | ||
| 3/21/2012 | Sold | $9,750-1.5% |
Source: | ||
| 1/21/2012 | Price change | $9,900-9.2% |
Source: CENTURY 21 Scheetz #21152813 Report a problem | ||
| 12/13/2011 | Listed for sale | $10,900 |
Source: CENTURY 21 Scheetz #21152813 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,734 +6.3% | $144,800 +25.7% |
| 2024 | $2,571 +4.3% | $115,200 +6.3% |
| 2023 | $2,465 +19% | $108,400 +3.8% |
| 2022 | $2,072 +17.7% | $104,400 +16.3% |
| 2021 | $1,760 +5.9% | $89,800 +18.2% |
| 2020 | $1,662 +26.8% | $76,000 +8% |
| 2019 | $1,310 +8.6% | $70,400 +28% |
| 2018 | $1,206 +12.7% | $55,000 +2.2% |
| 2017 | $1,070 +78.7% | $53,800 +80.5% |
| 2016 | $599 +15.4% | $29,800 +24.2% |
| 2014 | $519 -13.8% | $24,000 |
| 2013 | $602 | $24,000 -9.8% |
| 2012 | $602 | $26,600 +4.3% |
| 2011 | -- | $25,500 |
| 2010 | $535 -2.3% | $25,500 |
| 2009 | $548 | $25,500 +1.2% |
| 2007 | -- | $25,200 |
Find assessor info on the county website
Monthly payment
Est. payment





