445 North Dearborn Street

Indianapolis, IN 46201

$225,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Investors - this one's for you! Instantly cashflow on this income generating, fully leased duplex with hardwood floors throughout. 2 bed/1 bath on one side and 1 bed/1bath w/ office on the other - each unit features a spacious layout with large living rooms and dining rooms. The kitchen has updated finishes, all new cabinets, newer appliances, and space to entertain. Off street parking, AC throughout, and a privacy fence in the backyard make this duplex even more appealing. Located close to downtown...Investors - this one's for you! Instantly cashflow on this income generating, fully leased duplex with hardwood floors throughout. 2 bed/1 bath on one side and 1 bed/1bath w/ office on the other - each unit features a spacious layout with large living rooms and dining rooms. The kitchen has updated finishes, all new cabinets, newer appliances, and space to entertain. Off street parking, AC throughout, and a privacy fence in the backyard make this duplex even more appealing. Located close to downtown in the Near Eastside neighborhood, this duplex offers much upward potential. Don't let this savvy investment slip you by.

Property Details for 445 North Dearborn Street

Subdivision Name
Rhodes E Ohio St
Township
Center

Location

Listing Courtesy of @properties
Add your commute
LISTING UPDATED: 05/01/2024 11:01 AM

Property Details for 445 North Dearborn Street

StatusActive
MLS #21975438
Days on Market25
Taxes$1,205 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1938
Lot Size0.10 AC / 4,356 SF
CountyMarion County

Location

Listing Courtesy of @properties
Add your commute

Building Information for 445 North Dearborn Street

Stories-Residences2Year Built1938Building Size-Lot Size0.10 AC / 4,356 SF

Payment Calculator

$1,429 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,228

Property Taxes

$201

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 445 North Dearborn Street

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46201
  • Postal Code Plus4: 3309
  • Road Access: Not Applic
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 491005203057000101
  • Semi Annual Property Tax Amt: 1205
  • Tax Year: 2023
  • TaxLot: 57
School Information
  • School District: Indianapolis Public Schools
Property
Lot Information
  • Acreage: <1/4 Acre
  • Current Use: Residential
  • Lot Description: Access, Curbs, Sidewalks
  • Lot Size Square Feet: 4312.0
  • Lot Size Acres: 0.1
  • New Construction: False
  • Structure Type: Duplex
  • Year Built Numeric: 1938
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Conversion: No
  • Legal Subdivision: S S Rhodes E Ohio St Add L57
  • Photos Count: 10
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Transaction Type: Sale
Green Features
  • Green Certification: No
Utilities
  • Solid Waste: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl With Brick
Interior Features
  • Basement YN: Yes
  • Levels: One
  • Laundry Features: Connections Some
Multi Family
Multi-Family Information
  • Total Units: 2
  • Garage Parking: 1 Car Space
Income & Expenses
  • Expenses: 0
  • Gross Income: $21,600.00
Unit 1
  • Unit Kitchen: 10x12
  • Unit Levels: 1
  • Unit Miscellaneous: Eat In Kitchen,Lndry Conn
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Cl None,Fuel Gas,Heat Forced,Hot Wtr Gas
Unit 2
  • Unit Kitchen: 10x12
  • Unit Levels: 1
  • Unit Miscellaneous: Eat In Kitchen,Lndry Conn
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Cl None,Heat Forced,Hot Wtr Gas

Property History for 445 North Dearborn Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 445 North Dearborn Street

Taxable ValueLand$6,600Additions$91,600Total$98,200
Tax Record2023$2,329 ($194 / month)
Home Facts
Beds1Total Finished SqFt700 SqFtAbove Grade Finished SqFt700 SqFtStories1Lot Size4,312 SqFtStyleCondominiumYear Built1938CountyMARIONAPN49-10-05-203-057.000-101

Schools near 445 North Dearborn Street

This home is within Indianapolis Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Thomas D. Gregg School 15
PublicPK to 6

Arlington Community Middle School
Public7 to 8

Arsenal Technical High School
Public9 to 12

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.

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445 North Dearborn Street is a multi-family home for sale in Indianapolis, IN 46201. This property was listed for sale on April 30, 2024 by @properties, it's currently listed at $225,000. It has been on the market for a total of 25 days and was last sold on October 16, 2020. This listing's school district is Indianapolis Public Schools. Nearby schools include Thomas D. Gregg School 15, Arlington Community Middle School and George Washington Community High School (9-12). 445 North Dearborn Street is a 0-bed, 0-bath, multi-family home built in 1938.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of @properties

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.