Sheldon Barnes
For Sale — 544 N Dearborn Street, Indianapolis, IN 46201544 N Dearborn Street
Indianapolis, Indiana 46201
Hoffmans E Mich St
3
Beds
2
Baths
1,660
Sq Ft
1913
Year Built
0.1
Acres
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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 544 N Dearborn Street in Hoffmans E Mich St, ask any question about this home, or talk through what you should know about buying in Indianapolis.
ABOUT THIS HOME
Step into this charming bungalow located in the heart of 46201! This single-family residence presents an attractive property in a desirable location. This home blends updated luxury with timeless charm, offering flexibility, functionality, and fantastic investment potential. Inside, the open-concept floor plan creates an inviting atmosphere, ideal for both relaxed living and entertaining filled with natural light. The kitchen features shaker cabinets with a stylish backsplash and a large kitchen island perfect for meal preparation or casual dining. The Main floor includes 2 bedrooms and a full bathroom equipped with brand new vanity and hardware. Upstairs you will find the primary suite that includes a large sitting area, walk-in closet and a spa-like bathroom featuring a tiled walk-in shower and a double vanity. The fully fenced backyard provides a private outdoor retreat, complemented by a large deck and privacy gate and parking pad with 2 parking spaces. Enjoy quick access to downtown events and attractions while being part of a community on the rise. Whether you're looking for along term buy-and-hold investment or a place to call home, this home is perfect for you!
Key things to know
- Primary suite on upper floor with large sitting area and spa-like tiled shower
- Open-concept layout with kitchen island and shaker cabinets
- Hardwood floors throughout
- Fully fenced backyard with deck and parking pad for 2 cars
- Two bedrooms on main floor
Browse by room
9 rooms · 33 photos
Monthly payment
Estimate · $220,000
$1,519/mo
≈ $1,171 principal & interest · $348 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $44,000 on a loan of $176,000.
Price history
- Price reduced$239,000 → $220,000
Feb 20, 2026
- Listedat $239,000
Jan 8, 2026
Recent comparable sales
$405,000
1409 E New York Street
3bd · 2ba · 1,856 sqft
Sold May 2026
$260,000
964 Tecumseh Street
3bd · 2ba · 1,512 sqft
Sold May 2026
$205,000
914 N Ewing Street
3bd · 2ba · 1,560 sqft
Sold May 2026
$295,000
629 N Keystone Avenue
3bd · 2ba · 1,540 sqft
Sold May 2026
$250,000
1315 N Grant Avenue N
3bd · 3ba · 1,404 sqft
Sold May 2026
Comparative value
5 comps in this range
This home is 15% 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
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$239,000Listed· Jan 8, 2026
$220,000Reduced
↓ $19,000 (7.9% off original)
51 days on market
Layout
Schools
Indianapolis Public Schools
Neighborhood
- Downtown Indianapolis2.6 mi
- Monon Trail (Carmel)12.6 mi
- IU Health North Hospital13.0 mi
- Carmel High School13.3 mi
- Carmel Central Park13.4 mi
- Carmel Arts & Design District14.0 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
1,660 sq ft
Year Built
1913
Stories
Two
Subdivision
Hoffmans E Mich St
Bedrooms
3
Bathrooms
2 full
School District
Indianapolis Public Schools