Incredible opportunity awaits in coveted Cottage Home! Nestled on the best block of Downtown Indy's most darling neighborhood, this home is ready for your creative vision to take wing. Roll up your sleeves, because this one is perfectly primed for an owner-occupied sweat equity project. Vault the ceilings upstairs, build an addition above the back 180, refinish the beautiful old hardwoods, let your imagination run wild. Right around the corner from the Monon Trail, and within walking distance of the Bottleworks District, Mass Ave, Sidedoor Bagel, King Dough, Natural State Provisions, and all of the great things Downtown Indy offers, this one is a rare gem. Location, location, location!
Property Details
Property Features
Property Information:
Architectural Style: TraditonalAmerican
Year Built: 1890
Living Area: 1,494 SqFt
Listing Office:
Office Name: CENTURY 21 Scheetz
Office Email: dylan@c21scheetz.com
Listing Agent: Dylan Hostetter
Interior Features
Interior Information:
Appliances: None
Basement: Yes
Interior: Hardwood Floors, Windows Wood
Bedroom and Bathroom Information:
Full Bathrooms: 1
Total Bedroom Count: 3
Lot Features
Lot Information:
Lot Size: 0.12 Acres
Utilities
Utilities Information:
Heating: Hot Water
Cooling: None
Other
Directions Information:
Directions: GPS Friendly
Price Information
Listing Price Info
Price Summary:
List Price: $275,000
Price Per SqFt: $184/SqFt
Tax Information:
Annual Amount: $160
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Indianapolis, IN.
This property is $29.4K more than the Median Sold Price and $45/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: #21973160
Listing Office:
Office Name: CENTURY 21 Scheetz
Office Email: dylan@c21scheetz.com
Listing Agent: Dylan Hostetter
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.
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.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to helpdesk@miborsupport.com and DMCAnotice@MLSGrid.com.
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: 11/21/2024, 8:16:48 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
YEAR
PROP. TAX
ASSESSMENT
2020
$160
$101,700
2019
$220
$97,200
2018
$216
$91,600
2017
$212
$87,200
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,440
Per Month
Principal & Interest
$1,373
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$891
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Paramount Cottage Home
1203 E Saint Clair St
Distance between this listing and this school0.11 miles
Public Charter Grades KG-4
4
/10
Theodore Potter Magnet Elementary School 74
1601 E 10th St
Distance between this listing and this school0.46 miles
Public District Grades KG-6
4
/10
Thomas D. Gregg Elementary School 15
2302 E Michigan St
Distance between this listing and this school0.91 miles
Public District Grades PK-6
Nearby Schools
2
/10
H. L. Harshman Magnet Middle School
1501 E 10th St
Distance between this listing and this school0.41 miles
Public District Grades 7-8
5
/10
Center For Inquiry School 2
725 N New Jersey St
Distance between this listing and this school0.60 miles
Public Magnet Grades KG-8
2
/10
URBAN ACT Academy School 14
1250 E Market St
Distance between this listing and this school0.60 miles
Public Charter Grades PK-8
Nearby Schools
3
/10
Arsenal Technical High School
1500 E Michigan St
Distance between this listing and this school0.22 miles
Public District Grades 9-12
8
/10
Herron High School
110 E 16th St
Distance between this listing and this school1.19 miles
Public Charter Grades 9-12
6
/10
Kipp Indy Legacy High School
2255 Ralston Ave
Distance between this listing and this school1.51 miles
The neighbors living near this home have an average income of $41,276. Most Indianapolis, IN residents have annual incomes less than $35k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 726 Dorman St
What is the listing price of this property?
The listing price of 726 Dorman St property is $275,000.
What type of property is this?
The property 726 Dorman St is a house located in Indianapolis, Indiana, 46202.
Is this property for sale now?
Active Listing: 726 Dorman 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 $160 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 726 Dorman St has 3 bedrooms and 1 bathroom.
What is the square footage of this property?
The property 726 Dorman St is 1,494 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 726 Dorman St is 1890.
This home is located at 726 Dorman St in Indianapolis, IN and zip code 46202 in the Cottage Home neighborhood. This 1,494 square foot home, which was built in 1890, sits on a 0.12 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 10, 2024 and is currently priced at $275,000.
Over 170 listings were sold over their listed price in October 2024 in Indianapolis, IN. In the same period over 519 listings were sold below the listed price and 256 listings were sold for the listed price. The inventory of homes for sale in Indianapolis, IN between September 2024 and October 2024 increased by 3.7%. In October 2024, listings were on the market for 31 days. During the same period, the median list price in this real estate market was $245,515.
From Rocket Homes Real Estate and based on county public records data.