1938 N Dearborn St Indianapolis, IN 46218
Near Eastside NeighborhoodEstimated payment $765/month
Highlights
- Updated Kitchen
- 1 Car Detached Garage
- Landscaped with Trees
- No HOA
- Eat-In Kitchen
- 1-Story Property
About This Home
Welcome to 1938 N Dearborn-a charming Traditional American home tucked away on a peaceful street in the heart of North Brookside Park. This 2-bedroom, 1.5-bath property offers 1,162 square feet of main-level living space and a full basement, just waiting for your personal touch. Built in 1920, the home blends vintage character with functional layout. Inside, you'll find a bright and spacious 21x11 living room, a cozy eat-in kitchen, and a flexible bonus room perfect for a home office, playroom, or potential guest space. The main-level laundry adds everyday convenience not always found in homes of this era. Both bedrooms are well-sized with great natural light. The covered front porch enhances curb appeal and is perfect for morning coffee or winding down in the evening. The full basement offers excellent storage or expansion potential, and the detached 1-car garage adds additional value. The home sits on a low-maintenance 0.12-acre lot with small trees and a fenced-in yard option. With some cosmetic updates, this home could easily shine-and it's priced well below nearby comps to account for that work, making it a smart investment for first-time buyers or savvy investors. Located near local parks, coffee shops, and just minutes from downtown Indianapolis, this is your chance to create a beautiful home in a growing area at an unbeatable value. Come see the potential for yourself and bring your vision to life!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,698
Year Built
- Built in 1920
Lot Details
- 5,401 Sq Ft Lot
- Landscaped with Trees
Parking
- 1 Car Detached Garage
Home Design
- Block Foundation
- Vinyl Siding
Interior Spaces
- 1,162 Sq Ft Home
- 1-Story Property
- Combination Kitchen and Dining Room
- Attic Access Panel
- Washer and Dryer Hookup
- Basement
Kitchen
- Updated Kitchen
- Eat-In Kitchen
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
Utilities
- Forced Air Heating System
Community Details
- No Home Owners Association
- North Brookside Park Subdivision
Listing and Financial Details
- Tax Lot 490732194281000101
- Assessor Parcel Number 490732194281000101
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,838 | $80,200 | $6,500 | $73,700 |
| 2023 | $1,838 | $73,800 | $6,500 | $67,300 |
| 2022 | $1,784 | $71,900 | $6,500 | $65,400 |
| 2021 | $1,344 | $54,600 | $6,500 | $48,100 |
| 2020 | $1,067 | $42,500 | $2,600 | $39,900 |
| 2019 | $1,049 | $41,000 | $2,600 | $38,400 |
| 2018 | $886 | $33,900 | $2,600 | $31,300 |
| 2017 | $773 | $32,800 | $2,600 | $30,200 |
| 2016 | $748 | $32,400 | $2,600 | $29,800 |
| 2014 | $389 | $33,800 | $2,600 | $31,200 |
| 2013 | $749 | $33,800 | $2,600 | $31,200 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/19/2025 09/19/25 | Price Changed | $117,500 | -2.0% | $101 / Sq Ft |
| 07/01/2025 07/01/25 | Price Changed | $119,900 | -4.1% | $103 / Sq Ft |
| 06/18/2025 06/18/25 | For Sale | $125,000 | +1150.0% | $108 / Sq Ft |
| 10/04/2012 10/04/12 | Sold | $10,000 | 0.0% | $5 / Sq Ft |
| 09/18/2012 09/18/12 | Pending | -- | -- | -- |
| 08/15/2012 08/15/12 | For Sale | $10,000 | -- | $5 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $43,800 | -- | |
| Deed | $43,750 | Paramount Title Agency | |
| Deed | $30,000 | -- | |
| Deed | $26,500 | -- | |
| Warranty Deed | $30,000 | Paramount Title Agency | |
| Warranty Deed | $30,000 | Paramount Title Agency | |
| Warranty Deed | -- | Mtc | |
| Special Warranty Deed | -- | None Available | |
| Sheriffs Deed | $50,288 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $28,900 | Purchase Money Mortgage |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22043774
APN: 49-07-32-194-281.000-101
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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. Some IDX listings have been excluded from this website.
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