2309 N Dearborn St

1,638 Sq. Ft.
$101 / Sq. Ft.
1,638
Sq. Ft.
$101
per Sq. Ft.

Description

Attention investors! 3-Bed, 2-Bath Rental Near Downtown Indianapolis. This updated 3-bedroom, 2-bathroom rental property is a fantastic addition to your portfolio, offering tenants already in place and steady rental income from day one. Located just minutes from downtown Indianapolis, this home provides easy access to I-70, public transportation, and all the amenities of city living. Recent updates ensure low-maintenance ownership, while the spacious layout makes it an attractive option for long-term...Attention investors! 3-Bed, 2-Bath Rental Near Downtown Indianapolis. This updated 3-bedroom, 2-bathroom rental property is a fantastic addition to your portfolio, offering tenants already in place and steady rental income from day one. Located just minutes from downtown Indianapolis, this home provides easy access to I-70, public transportation, and all the amenities of city living. Recent updates ensure low-maintenance ownership, while the spacious layout makes it an attractive option for long-term tenants. Whether you're an experienced investor or just getting started, this turnkey opportunity delivers immediate cash flow and strong potential for appreciation. Don't miss your chance to own a performing asset in a rapidly growing area-schedule your showing today!
  1. Listed by Allyson Brooks • Mark Dietel Realty, LLC

Property Details for 2309 North Dearborn Street

Architectural Style
A-Frame
Subdivision Name
E T Fletchers
Township
Center
Waterfront
No
LISTING UPDATED: 01/29/2026 04:04 PM

Property Details for 2309 North Dearborn Street

StatusActive
MLS #22064901
Days on Market132
Taxes$617 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1955
Lot Size0.15 AC / 6,534 SF
CountyMarion County

Location

Listing Courtesy of Mark Dietel Realty, LLC
Add your commute

Building Information for 2309 North Dearborn Street

Stories-Year Built1955Building Size-Lot Size0.15 AC / 6,534 SF

Payment Calculator

$907 per month

30 year fixed, 6.15% Interest

Principal and Interest

$804

Property Taxes

$103

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2309 North Dearborn Street

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46218
  • Postal Code Plus4: 3746
  • State Or Province: IN
  • View: Neighborhood
  • View: Yes
Taxes and HOA Information
  • Attic YN: No
  • Parcel Number: 490729155075000101
  • Semi Annual Property Tax Amt: 617
  • Tax Exemption: None
  • Tax Year: 2024
  • TaxLot: 0
School Information
  • School District: Indianapolis Public Schools
Parking
  • Garage YN: No
  • Garage SqFt: 600
Virtual Tour
Property
Lot Information
  • Acreage: <1/4 Acre
  • Lot Description: Other
  • Lot Size Square Feet: 6403.0
  • Lot Size Acres: 0.15
  • Main Level SqFt: 1092
  • New Construction: False
  • Living SqFt: 0.0
  • Sqft Total: 1092.0
  • Sq Ft Total: 1638.0
  • Year Built Numeric: 1955
  • Below Grade Finished Area: 0.0
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • DPRYN: Yes
  • Inspection Warranties: Not Applicable
  • Legal Subdivision: E T Fletchers 2nd Add Brightwood L27
  • Photos Count: 13
  • Property Attached: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Transaction Type: Sale
  • Web Link: markdietel.com
Utilities
  • Electric: 200+ Amp Service
  • Solid Waste: No
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Other
  • Exterior Features: Not Applicable
  • Foundation Details: Block
  • Pool Private: No
  • Horse Amenities: None
Interior Features
  • Accessibility Features: No
  • Appliances: Electric Cooktop, Refrigerator, Water Heater
  • Areas Interior: Laundry in Unit
  • Basement YN: Yes
  • Cooling: Central Air
  • Eating Area: Other Eating Area
  • Heating: Forced Air, Natural Gas
  • Interior Features: Eat-in Kitchen
  • Levels: One
  • Kitchen Features: Kitchen Updated
  • Room List: Living Room, Kitchen, Primary Bedroom, Bedroom 2, Bedroom 3
  • Room and Features: Living Room-Main, Kitchen-Main, Primary Bedroom-Main, Bedroom 2-Main, Bedroom 3-Main
  • Spa: No
  • Main Level Bedrooms: 3
  • Laundry Features: Connections All
  • Num Bedrooms Upper: 0
  • Num Bedrooms Basement: 0
  • Rooms Basement: 0
Room Information
Room Information
  • Rooms MU: 5
  • Rooms Total MU: 5
  • Total Rooms: 5
Room 1
  • Room Level: Main
  • Room Dimensions: 15x12
  • Room Type: Living Room
Room 2
  • Room Level: Main
  • Room Dimensions: 10x12
  • Room Type: Kitchen
Room 3
  • Room Level: Main
  • Room Dimensions: 10x10
  • Room Type: Primary Bedroom
Room 4
  • Room Level: Main
  • Room Dimensions: 10x10
  • Room Type: Bedroom 2
Room 5
  • Room Level: Main
  • Room Dimensions: 10x10
  • Room Type: Bedroom 3
Bathrooms
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total Count: 2
  • Full Baths Basement: 0
  • Full Baths Main: 2
  • Full Baths MU: 2
  • Full Baths Upper: 0
  • Half Baths Basement: 0
  • Half Baths Main: 0
  • Half Baths MU: 0
  • Half Baths Upper: 0
Bedrooms
  • Beds MU: 3
  • Bedrooms MU: 3
  • Bedrooms Total: 3

Property History for 2309 North Dearborn Street

DateEvent & SourcePriceAppreciation
Oct 7, 2025

Price Change

MIBORMLS #22064901

$165,000—
Sep 26, 2025

Listed (Active)

MIBORMLS #22064901

$175,000—
Aug 15, 2025

Expired

MIBORMLS #22022562

—
Feb 18, 2025

Listed (Active)

MIBORMLS #22022562

$180,000—
Jun 21, 2023

Sold

MIBORMLS #21913259

$50,000—
May 26, 2023

Pending

MIBORMLS #21913259

—
Mar 31, 2023

Listed (Active)

MIBORMLS #21913259

$70,000—
Mar 3, 2023

Sold (Public Record)

Public Record #1508807316

$25,000—
Sep 30, 2011

Expired

MIBORMLS #21116098

—
Apr 11, 2011

Listed (Active)

MIBORMLS #21116098

$55,000—
DateEvent & SourcePrice
10/07/2025

Price Change

MIBORMLS #22064901

$165,000
09/26/2025

Listed (Active)

MIBORMLS #22064901

$175,000
08/15/2025

Expired

MIBORMLS #22022562

—
02/18/2025

Listed (Active)

MIBORMLS #22022562

$180,000
06/21/2023

Sold

MIBORMLS #21913259

$50,000
05/26/2023

Pending

MIBORMLS #21913259

—
03/31/2023

Listed (Active)

MIBORMLS #21913259

$70,000
03/03/2023

Sold (Public Record)

Public Record #1508807316

$25,000
09/30/2011

Expired

MIBORMLS #21116098

—
04/11/2011

Listed (Active)

MIBORMLS #21116098

$55,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2309 North Dearborn Street

Taxable ValueLand$4,500Additions$47,500Total$52,000
Tax Record2024$1,234 ($103 / month)
Home Facts
Beds2Total Finished SqFt1,092 SqFtAbove Grade Finished SqFt1,092 SqFtStories1Lot Size6,403 SqFtStyleSingle Family ResidenceYear Built1955CountyMARIONAPN49-07-29-155-075.000-101

Schools near 2309 North Dearborn Street

This home is within Indianapolis Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - PK to 6
Public - PK to 6
Public - PK to 6
Rating
School
Distance
Thomas D. Gregg School 15
PublicPK to 6

Brookside School 54
PublicPK to 6

James Russell Lowell School 51
PublicPK to 6

Anna Brochhausen School 88
PublicPK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

2309 North Dearborn Street is a single family home for sale in Indianapolis, IN 46218. This property was listed for sale on September 26, 2025 by Mark Dietel Realty, LLC, it's currently listed at $165,000. It has been on the market for a total of 132 days and was last sold on June 21, 2023. This listing's school district is Indianapolis Public Schools. Nearby schools include Thomas D. Gregg School 15, Brookside School 54 and James Russell Lowell School 51. 2309 North Dearborn Street is a 3-bed, 2-bath, 1,638 sqft single family home built in 1955.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Mark Dietel Realty, LLC

Based on information submitted to the MLS GRID as of 01/29/2026 04:04 PM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.