7 months on rocket

406 S Dearborn St, Indianapolis, IN, 46201

$409,900

Home List Price

$4,868*

Closing Credit

3 Bedrooms
3 Full Baths
2,840 SqFt
$144/SqFt
House

Location

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406 S Dearborn St, Indianapolis$409,900

Buyer Closing Credits

$4,868*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1911
HeatingForced Air, Furnace, Natural Gas
CoolingCentral Air
BasementYes
MLS #21969394
Lot Size0.13 Acres
StatusActive

About 406 S Dearborn St

Jump at this Rare Opportunity to own TOTALLY CUSTOM home in heart of the vibrant Twin Aire Neighborhood NOW! EVERYTHING IS BRAND NEW! Greeted by Stunning upgrades: Sophisticated Covered Porch, Elegant Flooring & Siding, Jeldwin Windows, Expansive yard with Complete Privacy Fence, 2-Car garage + addl parking & massive Deck. Vaulted ceilings & Open Concept tailored for ALL! Top of the Line Gourmet Kitchen: Sleek Soft Close cabs, Premium SS Apps, Quartz Island, Subway Tile backsplash, Chic High End Fixtures, & Main Lvl Master. Comfort Height Vanities + Custom Tile Shower w/Exquisite Niche. Ideal for WFH & E-learning. Seamless flow between the living spaces, perfect for both entertaining and everyday living. This area has upcoming $500M+ Community Justice Campus, Village Center, Streets & Restaurants, while being only minutes from Downtown Indy, Irvington and Fountain Square. This meticulously remodeled home offers a perfect blend of modern luxury and classic charm, providing an unparalleled living experience. Every inch has been carefully selected to create an inviting atmosphere. Situated in a thriving community known for its convenience and proximity to amenities, this property promises a lifestyle of comfort and convenience.

Property Details

Property Features

Property Information:

  • Architectural Style: TraditonalAmerican
  • Year Built: 1911
  • Living Area: 2,840 SqFt

Listing Office:

  • Office Name: F.C. Tucker Company
  • Office Email: jag@talktotucker.com
  • Listing Agent: Jerome Gordon III

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Disposal, Microwave Hood, Gas Oven, Refrigerator, Washer, Water Softener
  • Basement: Yes
  • Interior: Bath Sinks Double Main, Raised Ceiling(s), Vaulted Ceiling(s), Center Island, Entrance Foyer, Paddle Fan, Hi-Speed Internet Availbl, Eat-in Kitchen, Skylight(s), Walk-in Closet(s), Windows Vinyl

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Virtual/3D Tour

  • Virtual Tour: 406 S Dearborn St
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Furnace, Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: GPS Friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $409,900
  • Price Per SqFt: $144/SqFt

Tax Information:

  • Annual Amount: $1,002
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Indianapolis, IN.

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Indianapolis, IN

City

Med. Sold Price

$245.5K

Med. Price/SqFt

$139

Avg. Days On Market

31

# of Sold Homes

946

406 S Dearborn St vs Indianapolis

227 DAYS ON ROCKET

+196 Days

$409,900

+$164.3K More

$144/SqFt

+$5 More

KEY TAKEAWAY

This property is $164.3K more than the Median Sold Price and $5/SqFt more than other homes in Indianapolis, IN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MIBOR
  • MLS Number: #21969394

Listing Office:

  • Office Name: F.C. Tucker Company
  • Office Email: jag@talktotucker.com
  • Listing Agent: Jerome Gordon III

IDX Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by 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.

Copyright ©2024 MIBOR REALTOR® Association. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. 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.

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The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/24/2024, 6:16:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,002$50,500
2019$1,345$41,600
2018$1,135$37,000
2017$833$36,200

History based on county public records data.

Payment Calculator

$2,113

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,295

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1206779
6
/10

  • William McKinley Elementary School 39

  • 1733 Spann Ave

  • 1.03 miles

  • Public District Grades PK-6

school-card-donut-1206780
3
/10

  • Christian Park Elementary School 82

  • 4700 English Ave

  • 1.13 miles

  • Public District Grades KG-6

school-card-donut-1206781
4
/10

  • Thomas D. Gregg Elementary School 15

  • 2302 E Michigan St

  • 1.15 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,515. Residents of Indianapolis, IN typically earn less than $35k each year. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 406 S Dearborn St

What is the listing price of this property?

The listing price of 406 S Dearborn St property is $409,900.

What type of property is this?

The property 406 S Dearborn St is a house located in Indianapolis, Indiana, 46201.

Is this property for sale now?

Active Listing: 406 S Dearborn St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,002 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 406 S Dearborn St has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 406 S Dearborn St is 2,840 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 406 S Dearborn St is 1911.

Rocket Homes›Indiana›Marion County›Indianapolis›46201›406 S Dearborn St

This home is located at 406 S Dearborn St in Indianapolis, IN and zip code 46201 in the Christian Park neighborhood. This 2,840 square foot home, which was built in 1911, sits on a 0.13 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 11, 2024 and is currently priced at $409,900.

In October 2024, from all listings sold in Indianapolis, IN there were more than 170 sold above asking price, over 519 sold below and more than 256 were sold right at the asked price. The number of listings in Indianapolis, IN increased by 3.7% between September 2024 and October 2024. The median list price of listings available in October 2024 was $245,515, while the average time on the real estate market was 31 days.

From Rocket Homes Real Estate and based on county public records data.

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