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$409,900

406 S Dearborn Street Indianapolis, IN  46201

  • 3 Beds
  • 3 Baths
  • 2,840 sq. Ft

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Property Description for 406 S Dearborn Street Indianapolis, IN 46201

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.

Address:406 S Dearborn Street Indianapolis IN 46201
Status:Active
on site: 224 days
Price:$409,900
Bedrooms:3 Beds
Bathrooms:3 Full Baths
Sq. Feet:2,840
Year Built:1911
Lot Size:0.13
County: Marion
Township: Center SE
MLS #:21969394
Property Type:Single Family Residence

Lot Dimensions:5489
Lot Features:Sidewalks, Mature Trees
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :870
Upper Level Sq. Ft. :1,790
Total Sq. Ft. :2,840
Basement:Yes

Loan Price
$2,439
Price And Interest $2,138/month
Property Tax $130/month
MTG INS $0/month
HOME INS $171/month
Price
$409,900
Down Payment %
0 %
Down Payment
$0
Property Taxes
$130/month
Home Owner Insurance
$2,052 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Primary Bedroom 12x12 Main
Kitchen 12x10 Main
Great Room 14x12 Main
Bedroom 2 11x10 Upper
Bedroom 3 11x10 Upper
Bonus Room 11x11 Upper
Breakfast Room 12x10 Main
Utility Room 18x10 Basement
Play Room 27x11 Upper

Semi-Annual Property Tax:$778
Tax Year:2023
Other Disclosures:Sales Disclosure On File
Mandatory HOA Fee:$

Area: 4913 - Marion - Center Se
City:Indianapolis
Subdivision: Moores Forest Park
Zip Code:46201

Total Sq. Ft.:2,840
Interior Features: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
Interior Area(s):Laundry in Unit
Eating Area(s):Breakfast Room, Dining Combo/Kitchen
Appliances:Dishwasher, Dryer, Electric Water Heater, Disposal, MicroHood, Gas Oven, Refrigerator, Washer, Water Softener Owned
Equipment:Smoke Alarm, Sump Pump
Exterior Type:Cement Siding
Cool:Central Electric
Heat:Forced Air, High Efficiency (90%+ AFUE ), Gas
Water Heater:Dishwasher, Dryer, Electric Water Heater, Disposal, MicroHood, Gas Oven, Refrigerator, Washer, Water Softener Owned
Total Rooms:9
Jerry Gordon, REALTOR®/Broker, F. C. Tucker Company
Jerry Gordon
Phone (317) 997-9945
Additional Phone (317) 849-5050
F.C. Tucker Company
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Listing provided courtesy of Jerome Gordon III with F.C. Tucker Company from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 04/10/2024 12:00 AM. 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.





Indianapolis Market Report

109
Avg. DOM
$187.92
Avg. $ / Sq.Ft.
$ 389,000
Med. List Price

The house prices in Indianapolis are indeed dropping at the moment. There has been a decrease in price of $20,825.47. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Indianapolis are going Down. The average house price is $269,000.00 and the average price per square feet is $156.25 per square feet. At the moment, the amount of homes listed is exactly 13891 houses, with 2412 with active status, 1216 with pending status and 10263 sold in Indianapolis .

The most popular place to buy a home in Indianapolis is 4903 - Marion - Washington. 4903 - Marion - Washington is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Indianapolis .

The average amount of property taxes you would have to pay for a home in Indianapolis is $3,194.02. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Indianapolis are staying listed for an average of 68 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Indianapolis was 1451 minutes ago.

At the moment we have 105 open houses that you can visit.

The cost of the most expensive home in Indianapolis is $7,750,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Indianapolis is $45,900.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Indianapolis in year 1827 and the newest built house is in year 2025.

The average size of properties in Indianapolis is 2112.74 sq.ft. , the biggest one being 13549 sq.ft. and the smaller being 252 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.

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