28 S Dearborn St

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Baths
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Sq. Ft.
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per Sq. Ft.

Description

Welcome home to 28 S. Dearborn! This nicely renovated duplex presents a fantastic opportunity for homeowners and investors alike. Choose to occupy one unit while generating rental income from the other or add a turnkey property to your investment portfolio by renting both units. Conveniently located just minutes from downtown Indianapolis, each unit boasts updated flooring, stylish kitchens with modern cabinetry and countertops, new lighting, and select stainless-steel appliances. Recent improvements...Welcome home to 28 S. Dearborn! This nicely renovated duplex presents a fantastic opportunity for homeowners and investors alike. Choose to occupy one unit while generating rental income from the other or add a turnkey property to your investment portfolio by renting both units. Conveniently located just minutes from downtown Indianapolis, each unit boasts updated flooring, stylish kitchens with modern cabinetry and countertops, new lighting, and select stainless-steel appliances. Recent improvements also include new windows throughout, updated bathroom vanities, a new HVAC system, a new roof, central air and more. Unit A 2 bed /1.5 bath, Unit B 3 Bed/1 Bath. Completely move-in ready-just bring your belongings. Don't miss out; schedule your showing today!
  1. Listed by Jocelyn Young • BLK Key Realty
  2. Listed by Tracy Young

Property Details for 28 South Dearborn Street

Subdivision Name
Englewood
Township
Center
LISTING UPDATED: 02/18/2026 11:39 AM

Property Details for 28 South Dearborn Street

StatusActive
MLS #22081394
Days on Market28
Taxes$1,447 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1890
Lot Size0.12 AC / 5,227 SF
CountyMarion County

Location

Listing Courtesy of BLK Key Realty
Add your commute

Building Information for 28 South Dearborn Street

Stories-Residences2Year Built1890Building Size-Lot Size0.12 AC / 5,227 SF

Payment Calculator

$1,552 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,311

Property Taxes

$241

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 28 South Dearborn Street

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46201
  • Postal Code Plus4: 4202
  • Road Access: Access Rd
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 491005119059000101
  • Semi Annual Property Tax Amt: 1447
  • Tax Exemption: Homestead Tax Exemption
  • Tax Year: 2024
  • TaxLot: 491005119059000101
School Information
  • School District: Indianapolis Public Schools
Owner
  • Owner Pays: All Utilities
Property
Lot Information
  • Acreage: <1/4 Acre
  • Current Use: Vacant
  • Lot Size Square Feet: 5009.0
  • Lot Size Acres: 0.12
  • New Construction: False
  • Possible Use: Residential
  • Year Built Numeric: 1890
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Conversion: No
  • DPRYN: Yes
  • Legal Subdivision: Englewood L43
  • Photos Count: 25
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Transaction Type: Sale
Utilities
  • Solid Waste: No
Interior and Exterior Features
Interior Features
  • Basement YN: Yes
  • Levels: Two
Multi Family
Multi-Family Information
  • Total Units: 2
Income & Expenses
  • Expenses: 400
  • Gross Income: $.00
Unit 1
  • Unit Kitchen: 13x14
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
  • Unit Type Type: 2 Bedroom
Unit 2
  • Unit Kitchen: 12x11
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
  • Unit Type Type: 3 Bedroom

Property History for 28 South Dearborn Street

DateEvent & SourcePriceAppreciation
Feb 18, 2026

Price Change

MIBORMLS #22081394

$269,000—
Jan 23, 2026

Listed (Active)

MIBORMLS #22081394

$275,000—
May 17, 2024

Sold

MIBORMLS #21982639

$247,160—
May 16, 2024

Sold (Public Record)

Public Record #1534794234

$247,160

+2.4% / yr

Apr 21, 2024

Listed (Active)

MIBORMLS #21982639

$250,000—
Feb 10, 2023

Sold (Public Record)

Public Record #1508807813

$239,900

+116.9% / yr

Feb 10, 2023

Sold

MIBORMLS #21890394

$239,900—
Jan 25, 2023

Pending

MIBORMLS #21890394

—
Oct 27, 2022

Listed (Active)

MIBORMLS #21890394

$239,900—
Mar 10, 2022

Expired

MIBORMLS #21834702

—
Mar 9, 2022

Withdrawn

MIBORMLS #21834702

—
Jan 20, 2022

Listed (Active)

MIBORMLS #21834702

$115,000—
Nov 30, 2021

Sold (Public Record)

Public Record #1504972984

$95,000—
Nov 30, 2021

Sold (Public Record)

Public Record #1504972985

$95,000

+86.0% / yr

Nov 30, 2021

Sold

MIBORMLS #21818500

$95,000—
Nov 2, 2021

Pending

MIBORMLS #21818500

—
Oct 11, 2021

Price Change

MIBORMLS #21818500

$99,900—
Oct 11, 2021

Listed (Active)

MIBORMLS #21818500

$47,900—
Oct 31, 2018

Sold

MIBORMLS #21585178

$14,000—
Oct 30, 2018

Sold (Public Record)

Public Record #634554007

$14,000

+10.5% / yr

Oct 16, 2018

Pending

MIBORMLS #21585178

—
Aug 1, 2018

Listed (Active)

MIBORMLS #21585178

$20,000—
Jun 11, 2010

Sold

MIBORMLS #21010886

$6,050—
Jun 7, 2010

Sold (Public Record)

Public Record #293835839

$6,050—
May 14, 2010

Pending

MIBORMLS #21010886

—
Mar 2, 2010

Listed (Active)

MIBORMLS #21010886

$12,900—
Mar 10, 2002

Expired

MIBORMLS #2154679

—
Mar 10, 2002

Expired

MIBORMLS #2154724

—
Dec 10, 2001

Listed (Active)

MIBORMLS #2154679

$48,900—
Dec 10, 2001

Listed (Active)

MIBORMLS #2154724

$48,900—
Jun 15, 2001

Expired

MIBORMLS #2105291

—
Jun 15, 2001

Expired

MIBORMLS #2048676

—
Dec 14, 2000

Listed (Active)

MIBORMLS #2105291

$52,900—
Dec 14, 2000

Listed (Active)

MIBORMLS #2048676

$58,900—
DateEvent & SourcePrice
02/18/2026

Price Change

MIBORMLS #22081394

$269,000
01/23/2026

Listed (Active)

MIBORMLS #22081394

$275,000
05/17/2024

Sold

MIBORMLS #21982639

$247,160
05/16/2024

Sold (Public Record)

Public Record #1534794234

$247,160

+2.4% / yr

04/21/2024

Listed (Active)

MIBORMLS #21982639

$250,000
02/10/2023

Sold (Public Record)

Public Record #1508807813

$239,900

+116.9% / yr

02/10/2023

Sold

MIBORMLS #21890394

$239,900
01/25/2023

Pending

MIBORMLS #21890394

—
10/27/2022

Listed (Active)

MIBORMLS #21890394

$239,900
03/10/2022

Expired

MIBORMLS #21834702

—
03/09/2022

Withdrawn

MIBORMLS #21834702

—
01/20/2022

Listed (Active)

MIBORMLS #21834702

$115,000
11/30/2021

Sold (Public Record)

Public Record #1504972984

$95,000
11/30/2021

Sold (Public Record)

Public Record #1504972985

$95,000

+86.0% / yr

11/30/2021

Sold

MIBORMLS #21818500

$95,000
11/02/2021

Pending

MIBORMLS #21818500

—
10/11/2021

Price Change

MIBORMLS #21818500

$99,900
10/11/2021

Listed (Active)

MIBORMLS #21818500

$47,900
10/31/2018

Sold

MIBORMLS #21585178

$14,000
10/30/2018

Sold (Public Record)

Public Record #634554007

$14,000

+10.5% / yr

10/16/2018

Pending

MIBORMLS #21585178

—
08/01/2018

Listed (Active)

MIBORMLS #21585178

$20,000
06/11/2010

Sold

MIBORMLS #21010886

$6,050
06/07/2010

Sold (Public Record)

Public Record #293835839

$6,050
05/14/2010

Pending

MIBORMLS #21010886

—
03/02/2010

Listed (Active)

MIBORMLS #21010886

$12,900
03/10/2002

Expired

MIBORMLS #2154679

—
03/10/2002

Expired

MIBORMLS #2154724

—
12/10/2001

Listed (Active)

MIBORMLS #2154679

$48,900
12/10/2001

Listed (Active)

MIBORMLS #2154724

$48,900
06/15/2001

Expired

MIBORMLS #2105291

—
06/15/2001

Expired

MIBORMLS #2048676

—
12/14/2000

Listed (Active)

MIBORMLS #2105291

$52,900
12/14/2000

Listed (Active)

MIBORMLS #2048676

$58,900

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

Public Records for 28 South Dearborn Street

Taxable ValueLand$4,100Additions$239,600Total$243,700
Tax Record2024$2,893 ($241 / month)
Home Facts
Total Finished SqFt2,332 SqFtAbove Grade Finished SqFt2,332 SqFtStories2Lot Size5,009 SqFtStyleTriplexYear Built1890Year Renovated2010ZoningZO01CountyMARIONAPN49-10-05-119-059.000-101

Schools near 28 South 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
William McKinley School 39
PublicPK to 6

Christian Park School 82
PublicPK to 6

Eleanor Skillen Elementary School 34
PublicPK to 6

Ralph Waldo Emerson School 58
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

28 South Dearborn Street is a multi-family home for sale in Indianapolis, IN 46201. This property was listed for sale on January 23, 2026 by BLK Key Realty, it's currently listed at $269,000. It has been on the market for a total of 28 days and was last sold on May 17, 2024. This listing's school district is Indianapolis Public Schools. Nearby schools include William McKinley School 39, Christian Park School 82 and Eleanor Skillen Elementary School 34. 28 South Dearborn Street is a 0-bed, 0-bath, multi-family home built in 1890.

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 BLK Key Realty

Based on information submitted to the MLS GRID as of 02/18/2026 11:39 AM. 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.