2742 N Dearborn St Indianapolis, IN 46218
Martindale-Brightwood NeighborhoodEstimated payment $840/month
Highlights
- Hot Property
- Mature Trees
- Corner Lot
- Updated Kitchen
- Traditional Architecture
- No HOA
About This Home
Fully Rebuilt Home --- Originally built in 1954 and taken down to the foundation and completely rebuilt in 2019, offering the feel and efficiency of a newer construction with modern finishes throughout. The interior is clean, well-maintained, and features durable luxury vinyl plank flooring, neutral tones, and a functional layout designed for comfortable living. --- The property sits on a generous lot with a spacious backyard, ideal for outdoor enjoyment, pets, or future enhancements. --- Currently tenant-occupied on a month-to-month lease at $1,100 per month, providing immediate income with flexibility for investors or future owner-occupants. Mini-barn storage excluded from sale but available for purchase. --- Conveniently located near the Indiana State Fairgrounds with easy access to major roads, this home is just a 15-minute commute to downtown Indianapolis. The surrounding area continues to see growth and revitalization, making this a solid long-term investment option. --- Whether you're looking to add to your rental portfolio or secure a move-in-ready home in a central location, this rebuilt property offers modern construction, steady income, and excellent proximity to the city.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $606
Year Built
- Built in 1954
Lot Details
- 5,053 Sq Ft Lot
- Corner Lot
- Mature Trees
Home Design
- Traditional Architecture
- Block Foundation
- Vinyl Siding
Interior Spaces
- 1,080 Sq Ft Home
- 1-Story Property
- Combination Kitchen and Dining Room
- Storage
- Laundry on main level
- Laminate Flooring
- Fire and Smoke Detector
Kitchen
- Updated Kitchen
- Eat-In Kitchen
- Electric Oven
- Electric Cooktop
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Shed
- Storage Shed
Schools
- James Russell Lowell School 51 Elementary School
- H L Harshman Middle School
- Arsenal Technical High School
Utilities
- Central Air
- Heating Available
- Electric Water Heater
Community Details
- No Home Owners Association
- Rosedale Subdivision
Listing and Financial Details
- Legal Lot and Block 38 / 1
- Assessor Parcel Number 490729159106000101
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 | $636 | $25,500 | $8,500 | $17,000 |
| 2023 | $636 | $23,900 | $8,500 | $15,400 |
| 2022 | $619 | $23,900 | $8,500 | $15,400 |
| 2021 | $0 | $0 | $0 | $0 |
| 2020 | $0 | $0 | $0 | $0 |
| 2019 | $0 | $0 | $0 | $0 |
| 2018 | $294 | $11,000 | $2,700 | $8,300 |
| 2017 | $1,794 | $11,700 | $2,700 | $9,000 |
| 2016 | $3,054 | $11,700 | $2,700 | $9,000 |
| 2014 | $238 | $11,000 | $2,700 | $8,300 |
| 2013 | $229 | $11,000 | $2,700 | $8,300 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/09/2025 12/09/25 | For Sale | $150,000 | +1124.5% | $139 / Sq Ft | |
| 01/25/2021 01/25/21 | Sold | $12,250 | 0.0% | $11 / Sq Ft | View Prior Sale |
| 09/29/2020 09/29/20 | Pending | -- | -- | -- | |
| 05/08/2020 05/08/20 | Price Changed | $12,250 | -9.3% | $11 / Sq Ft | |
| 10/07/2019 10/07/19 | For Sale | $13,500 | -- | $13 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available |
About the Listing Agent
With over 15 years of success in real estate, Jeff Cloyd brings a unique blend of market insight, financial leadership, and corporate strategy to every client interaction. As a full-time Realtor with RE/MAX Advanced Realty and a life-long resident of the Indianapolis Metro Area, Jeff specializes in residential real estate throughout Hamilton County and surrounding communities. He has personally closed over $50 million in lifetime sales and has earned the trust and praise of his clients,
Jeff's Other Listings
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22076210
APN: 49-07-29-159-106.000-101
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