Sheldon Barnes
For Sale — 514 Dorman Street, Indianapolis, IN 46202514 Dorman Street
Indianapolis, Indiana 46202
Davidsons 2nd
$349,900
Schedule a Showing3
Beds
2
Baths
1,304
Sq Ft
1886
Year Built
0.12
Acres
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Sheldon Barnes can help you tour 514 Dorman Street
Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Indianapolis, Indiana and the rest of Hamilton County. Book a private tour of 514 Dorman Street in Davidsons 2nd, ask any question about this home, or talk through what you should know about buying in Indianapolis.
ABOUT THIS HOME
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. An additional room 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. More recent updates include a NEW ROOF and gutters, an upstairs Mini Split, buried downspouts and additional vapor barrier in 2026. 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!
Key things to know
- Hardwood floors throughout and high ceilings
- Open kitchen with stainless appliances and breakfast bar
- Main floor laundry and in-home office/library potential
- New roof, gutters, dual fuel heat pump (2022-2026 updates)
- Fenced backyard with mature tree and new deck
Monthly payment
Estimate · $349,900
$2,146/mo
≈ $1,862 principal & interest · $284 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $69,980 on a loan of $279,920.
Price history
- Listedat $349,900
May 1, 2026
Recent comparable sales
$250,000
1901 Carrollton Avenue
3bd · 1ba · 1,472 sqft
Sold May 2026
$378,900
1718 Alvord Street
2bd · 3ba · 1,591 sqft
Sold May 2026
$375,500
1204 Polk Street
3bd · 3ba · 1,410 sqft
Sold May 2026
$460,000
2054 Ruckle Street
4bd · 3ba · 1,629 sqft
Sold May 2026
$355,000
1806 Alvord Street
2bd · 3ba · 1,344 sqft
Sold May 2026
Comparative value
5 comps in this range
This home is 6.8% below median for similar nearby sales.
Want to know anything specific? Ask about updates, finishes, the basement, the yard — I read the listing's photos, MLS data, and remarks and cite what I find.
FEATURES & AMENITIES
Interior
Exterior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$349,900Listed· May 1, 2026
11 days on market
Layout
Schools
Indianapolis Public Schools
Neighborhood
- Downtown Indianapolis1.1 mi
- Monon Trail (Carmel)12.8 mi
- Carmel Central Park13.3 mi
- Carmel High School13.5 mi
- IU Health North Hospital13.5 mi
- Carmel Arts & Design District14.1 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
1,304 sq ft
Year Built
1886
Stories
Two
Subdivision
Davidsons 2nd
Bedrooms
3
Bathrooms
2 full
School District
Indianapolis Public Schools