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$119,900

1938 N Dearborn St Indianapolis, IN 46218

2 beds
1 full, 1 partial
2,026 sqft
0.1 acres
$59 / sqft
House

Property details

About 1938 N Dearborn St

Welcome to 1938 N Dearborn-a charming Traditional American home tucked away on a peaceful street in the heart of North Brookside Park. This 2-bedroom, 1.5-bath property offers 1,162 square feet of main-level living space and a full basement, just waiting for your personal touch. Built in 1920, the home blends vintage character with functional layout. Inside, you'll find a bright and spacious 21x11 living room, a cozy eat-in kitchen, and a flexible bonus room perfect for a home office, playroom, or potential guest space. The main-level laundry adds everyday convenience not always found in homes of this era. Both bedrooms are well-sized with great natural light. The covered front porch enhances curb appeal and is perfect for morning coffee or winding down in the evening. The full basement offers excellent storage or expansion potential, and the detached 1-car garage adds additional value. The home sits on a low-maintenance 0.12-acre lot with small trees and a fenced-in yard option. With some cosmetic updates, this home could easily shine-and it's priced well below nearby comps to account for that work, making it a smart investment for first-time buyers or savvy investors. Located near local parks, coffee shops, and just minutes from downtown Indianapolis, this is your chance to create a beautiful home in a growing area at an unbeatable value. Come see the potential for yourself and bring your vision to life!

Highlights

Home typeSingle Family Residence
HeatingNone, Natural Gas
StatusActive
Size2,026 sqft
BasementYes
Lot size0.12 Acres
Year built1920
MLS #22043774

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Appliances: None
  • Basement: Yes
  • Interior: Attic Access, Eat-in Kitchen
  • Total Bedroom Count: 2
  • Architectural Style: Traditional
  • Heating: None, Natural Gas
  • Cooling: None
  • List Price: $119,900
  • Price/SqFt: $59
  • Annual Tax Amount: $1,750
  • Tax Year: 2023
  • Directions: GPS Friendly
  • Year Built: 1920
  • Living Area: 2,026 SqFt
  • Lot Size: 0.12 Acres
  • MLS Number: 22043774
  • MLS Name: MIBOR
  • Office Name: No Limit Real Estate, LLC
  • Listing Agent: Charlene Gaard

IDX Listings courtesy of MIBOR Broker Listing Cooperative® 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. Properties displayed may be listed or sold by various participants in the MLS.

DMCA Notice

Copyright ©2025 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: 7/14/2025, 11:46:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Aug 29, 2017
Home Sold
$30,000
Aug 29, 2017
Home Sold
$26,500
Oct 15, 2015
Home Sold
$15,000

Tax history

YearAssessmentProperty Tax
2023$73,800$1,750
2022$71,900$1,697
2021$54,600$984
2020$42,500$1,048
2019$41,000$886
2018$33,900$773
2017$32,800$748

History based on county public records data.

Nearby schools

3

James Russell Lowell Elementary School 51

Public District PK-6

0.6 mi

3426 Roosevelt Ave

3

Brookside Elementary School 54

Public District KG-6

0.8 mi

3150 E 10th St

4

Thomas D. Gregg Elementary School 15

Public District PK-6

1.3 mi

2302 E Michigan St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $16,731. Typical income of Indianapolis, IN residents is less than $<35k annually. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

77%
<35k
22%
35k-100k
1%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

53%
Single, No Kids
26%
Single, with Kids
10%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

20%
<11 yrs old
9%
12-17 yrs old
24%
18-34 yrs old
38%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • Pro BoxingPro Boxing
  • NHRA Drag RacingNHRA Drag Racing

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • BurlingtonBurlington
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • Burger KingBurger King
  • PopeyesPopeyes
  • Golden CorralGolden Corral

What do the neighbors drive?

  • BuickBuick
  • DodgeDodge
  • KiaKia

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Adult StandardsAdult Standards
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1938 N Dearborn St

The listing price of 1938 N Dearborn St property is $119,900.

The property 1938 N Dearborn St is a house located in Indianapolis, Indiana, 46218.

Active Listing: 1938 N Dearborn St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1938 N Dearborn St are: James Russell Lowell Elementary School 51 (GreatSchools Rating 3/10), Brookside Elementary School 54 (GreatSchools Rating 3/10), Thomas D. Gregg Elementary School 15 (GreatSchools Rating 4/10), Paramount Brookside (GreatSchools Rating 9/10), H. L. Harshman Magnet Middle School (GreatSchools Rating 3/10), Francis Parker Montessori School 56 (GreatSchools Rating 3/10), Arsenal Technical High School (GreatSchools Rating 1/10), Herron High School (GreatSchools Rating 9/10), Charles a Tindley Accelerated School (GreatSchools Rating 4/10).

According to the records, the last property tax for 2023 is $1,750 (source: MLS/based on county public records data).

The last sale was on August 29, 2017 for $30,000 (source: MLS/tax record).

The property at 1938 N Dearborn St has 2 bedrooms and 1 full and 1 half bathrooms.

The property 1938 N Dearborn St is 2,026 SqFt (source: MLS/tax record).

The year of construction for 1938 N Dearborn St is 1920.

This home is located at 1938 N Dearborn St in Indianapolis, IN and zip code 46218 in the North Brookside Park neighborhood. This 2,026 square foot home, which was built in 1920, sits on a 0.12 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 18, 2025 and is currently priced at $119,900.

In June 2025, from all listings sold in Indianapolis, IN there were more than 266 sold above asking price, over 527 sold below and more than 276 were sold right at the asked price. Between May and June 2025, Indianapolis, IN real estate market has seen decrease in the number of listings by 0.2%. Listings spent 31 days on the market in June 2025, and had a median list price of $251,183 during the same period.

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

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