$349,900

514 Dorman St Indianapolis, IN 46202

$4,155
Closing credit¹
3 beds
2 full
1,497 sqft
0.1 acres
$234 / sqft
House

Property details

About 514 Dorman St

Nestled in the heart of the Cottage Home Historic District, this darling 3-bedroom, 2-bath home perfectly blends historic charm with a modern floorplan and amenities. Spacious and inviting, the home boasts hardwood floors throughout, high ceilings, and large windows that flood the rooms with natural light. Kitchen is open to the dining and living areas with ample cabinets, a bar top and stainless appliances. A bonus space on the main level would make a great in-home office or library. Upstairs is your place to retreat, with two sizable bedrooms and a third quirky bedroom loft/office space. Two full baths and a main floor laundry also lend to the modern design of this older home. Situated on a quiet cul-de-sac, the property features a large fenced-in backyard. The shade from the mature tree and the new 13x15 stained deck make for such a nice place to enjoy the outdoors. Additional improvements made include installing a water softener in 2023, a new water heater in 2021 and a new dual fuel heat pump/furnace in 2022. You're only minutes away (walking!) from the hustle and bustle of College and Mass Ave, Bottleworks, and several East Side hot spots. For the value, this is an incredible location and opportunity to move downtown!

Highlights

Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
Size1,497 sqft
BasementYes
Lot size0.12 Acres
Year built1886
MLS #22039982
FireplaceLiving Room, Non Functional

Summary

  • Full Bathrooms: 2
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Electric Oven, Refrigerator, Washer, Water Softener
  • Basement: Yes
  • Interior: Breakfast Bar, Raised Ceiling(s), Hardwood Floors, Screens Some, Windows Vinyl
  • Fireplace: Living Room, Non Functional
  • Total Bedroom Count: 3
  • Exterior: Barn Mini
  • Architectural Style: TraditonalAmerican
  • Heating: Forced Air, Natural Gas
  • List Price: $349,900
  • Price/SqFt: $233
  • Annual Tax Amount: $3,501
  • Tax Year: 2023
  • Directions: GPS Friendly
  • Year Built: 1886
  • Living Area: 1,497 SqFt
  • Lot Size: 0.12 Acres
  • MLS Number: 22039982
  • MLS Name: MIBOR
  • Office Name: F.C. Tucker Company
  • Office Email: Christi@callcoffey.com
  • Listing Agent: Christi Coffey

IDX Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.

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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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Last updated on: 6/4/2025, 11:46:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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514 Dorman St, Indianapolis, IN 46202 - view of front of house

$349,900

514 Dorman St

$4,155

closing credit¹

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$295,000$3,501
2022$295,000$3,525
2021$255,700$2,928
2020$251,400$2,888
2019$238,200$2,712
2018$222,100$1,838
2017$168,200$1,712

History based on county public records data.

Nearby schools

9

Paramount Cottage Home

Public Charter KG-4

0.2 mi

1203 E Saint Clair St

3

Theodore Potter Magnet Elementary School 74

Public District KG-6

0.6 mi

1601 E 10th St

4

Thomas D. Gregg Elementary School 15

Public District PK-6

0.9 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 $41,276. Typical income of Indianapolis, IN residents is less than $<35k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

44%
<35k
38%
35k-100k
18%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

67%
Single, No Kids
12%
Single, with Kids
12%
Married, No Kids
9%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
5%
12-17 yrs old
32%
18-34 yrs old
42%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Continuing Education CoursesContinuing Education Courses
  • SoccerSoccer
  • NBA/WNBANBA/WNBA

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • Forever 21Forever 21
  • H&MH&M

Where do the neighbors go to eat?

  • QdobaQdoba
  • Dominos PizzaDominos Pizza
  • StarbucksStarbucks

What do the neighbors drive?

  • VolkswagenVolkswagen
  • MazdaMazda
  • PontiacPontiac

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • AlternativeAlternative
All data provided by Home Junction and Claritas

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Frequently asked questions

About 514 Dorman St

The listing price of 514 Dorman St property is $349,900.

The property 514 Dorman St is a house located in Indianapolis, Indiana, 46202.

Active Listing: 514 Dorman St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 514 Dorman St are: Paramount Cottage Home (GreatSchools Rating 9/10), Theodore Potter Magnet Elementary School 74 (GreatSchools Rating 3/10), Thomas D. Gregg Elementary School 15 (GreatSchools Rating 4/10), URBAN ACT Academy School 14 (GreatSchools Rating 2/10), H. L. Harshman Magnet Middle School (GreatSchools Rating 3/10), Center For Inquiry School 2 (GreatSchools Rating 5/10), Arsenal Technical High School (GreatSchools Rating 1/10), Herron High School (GreatSchools Rating 9/10), Purdue Polytechnic High School (GreatSchools Rating 2/10).

According to the records, the last property tax for 2023 is $3,501 (source: MLS/based on county public records data).

The property at 514 Dorman St has 3 bedrooms and 2 bathrooms.

The property 514 Dorman St is 1,497 SqFt (source: MLS/tax record).

The year of construction for 514 Dorman St is 1886.

This home is located at 514 Dorman St in Indianapolis, IN and zip code 46202 in the Cottage Home neighborhood. This 1,497 square foot home, which was built in 1886, sits on a 0.12 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 31, 2025 and is currently priced at $349,900.

While more than 300 listings in Indianapolis, IN in May 2025 were sold above asking price, there were more than 315 listings sold at asking price, and more than 544 were sold below. The number of homes for sale in Indianapolis, IN increased by 3.7% between April and May 2025. While the average time on the market in May 2025 was 34 days, the median list price was $250,180.

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

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