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2755 N Dearborn Street

Indianapolis, IN 46218

ActiveListed Jul 6, 2026 · 96 days on market

Key facts

Beds
3
Baths
1 full · 1 half
Living area
1,596 sqft
Lot
0.11 acres
Year built
1920
Type
Residential · Single Family Residence
Stories
Two, one and one half
MLS #
22111638
County
Marion
Subdivision
Lenox Place
Total building area
1,856 sqft

About this home

Welcome to this charming 3-bedroom, 1.5-bathroom single-family home, offering an excellent opportunity for investors looking for an income-producing property. The home is currently tenant occupied with a lease in place through September 30, 2027, generating $1,550 per month in rental income. Inside, the home features tall ceilings and oversized windows that bring in plenty of natural light, creating a bright and inviting atmosphere. The spacious layout includes a large eat-in kitchen, a separate formal dining room, and generous living space throughout. The home also offers washer and dryer hookups, gravel parking located behind the property, and several updated vinyl windows. Additional highlights include oversized walk-in closets and ample storage throughout the home. Previous updates include fresh paint and new carpet, adding to the property's appeal and functionality. With a solid tenant already in place and established rental income, this property offers the opportunity to add a cash-flowing single-family home to your portfolio without the immediate need to lease the property. Appliances are not included.

Description provided by the listing brokerage.

Interior

Appliances
Electric Water HeaterWater HeaterRange Hood
Interior features
Attic AccessEat-in KitchenWalk-In Closet(s)
Basement
Unfinished
Laundry
Laundry Room
Windows
ScreensVinyl WindowsWood Frames
Security
Smoke Detector(s)
Rooms
6
Main-level bedrooms
1

Exterior

Patio and porch
Covered
Construction
Vinyl With BrickBrick
Foundation
Block
Style
Traditional
Parking and garage
Gravel
Other equipment
Smoke AlarmSump Pump

Systems

Heating
Forced AirGas
Water
Public

Lot and HOA

Lot features
Corner LotMature Trees

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$1,448 / yearTwice the semi-annual installment the listing reports.
Tax year
2024

Estimate your monthly payment

$900per month, estimated
Principal and interest $728Property tax $121Insurance $51
20% · $28,900
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$144,500
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