406 S Dearborn Street

Indianapolis, IN
$ 392,000 Beds 3 Baths 3 Sq 2,840 Virtual Tour
Monthly Estimate* How much can I afford?

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.

Active

  • Price
  • $ 392,000
  • City
  • Indianapolis
  • Bedrooms
  • 3
  • Full Bathrooms
  • 3
  • County
  • MARION
  • Half Bathrooms
  • 0
  • Area
  • Center
  • Lot Size
  • 0.13 Acres
  • Zip
  • 46201
  • Sqr Footage
  • 2,840
  • Year Built
  • 1911
  • Taxes
  • $ 1556
  • Style
  • Traditional
  • MLS#
  • 21969394
Listed By: Jerome Gordon III with F.C. Tucker Company;
Data Source: MIBOR Broker Listing Cooperative

Features

General

Heating Forced Air,High Efficiency (90%+ AFUE ),Natural Gas
Cooling Central Air
Utilities Cable Available
Possession Closing
Appliances Dishwasher,Dryer,Electric Water Heater,Disposal,MicroHood,Gas Oven,Refrigerator,Washer,Water Softener Owned
Garage Spaces 2
Patio/Porch Features Covered,Deck
Architectural Style Traditional
Construction Materials Cement Siding
Year Built 1911
Township Center
Levels Three Or More
Property Subtype Single Family Residence
Tax Year 2023
County Marion
New Construction No
Property Type Residential
HOA No
Subdivision Name Moores Forest Park
Facing Direction East
Garage Y/N Yes
Total Rooms 9
Full Baths 3
Status Active
Directions GPS Friendly
City Indianapolis
High School District Indianapolis Public Schools
MLS Area 4910 - Marion - Center
Lot Size Square Feet 5489
Property Attached Y/N No
Current Financing Conventional,FHA,VA
Property Condition Updated/Remodeled
Standard Status Active
Tax Lot 40
Legal Description Moores Forest Add L40

Interior Features

Interior Amenities Bath Sinks Double Main,High Ceilings,Vaulted Ceiling(s),Kitchen Island,Entrance Foyer,Paddle Fan,Hi-Speed Internet Availbl,Eat-in Kitchen,Walk-In Closet(s)
Basement Unfinished
Basement (Y/N) Yes
Laundry Features Main Level
Total Bedrooms 3
Main Level Bedrooms 1
LivingAreaSource Assessor
Total Baths 3

Exterior Features

Fencing Full,Privacy
Parking Features Detached,Gravel,Garage Faces Rear
Lot Features Sidewalks,Mature Trees
Water Source Public
Foundation Details Block
Spa No
Building Area Total 2840
Lot Size Acres 0.13
Waterfront Y/N No
Other Equipment Smoke Alarm,Sump Pump
Horse Amenities None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Greenwood, IN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
Agent Photo

Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

3/28/2025 Listed $409,900
10/31/2025 5% - $392,000

Property vs Zip Code Average in 46201

Price
AVG $230K
$390K
Taxes
AVG $2,830
$1,556
Year Built
AVG 1932
1911
Visits
AVG 89
457
Data Provided by Inside Real Estate®

406 S Dearborn Street Indianapolis, IN is a Single Family Home for sale at $392000 with 2840 sqft and a lot size of 0.13 Acres Acre(s). 406 S Dearborn Street Indianapolis has 3 bedrooms, 3 baths and was built in 1911. The property's zip code is 46201 which is in Indianapolis, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.