Welcome to 1938 N Dearborn-a charming Traditional American home tucked away on a peaceful street in the heart of North Brookside Park. This 2-bedroom, 1.5-bath property offers 1,162 square feet of main-level living space and a full basement, just waiting for your personal touch. Built in 1920, the home blends vintage character with functional layout. Inside, you'll find a bright and spacious 21x11 living room, a cozy eat-in kitchen, and a flexible bonus room perfect for a home office, playroom, or potential guest space. The main-level laundry adds everyday convenience not always found in homes of this era. Both bedrooms are well-sized with great natural light. The covered front porch enhances curb appeal and is perfect for morning coffee or winding down in the evening. The full basement offers excellent storage or expansion potential, and the detached 1-car garage adds additional value. The home sits on a low-maintenance 0.12-acre lot with small trees and a fenced-in yard option. With some cosmetic updates, this home could easily shine-and it's priced well below nearby comps to account for that work, making it a smart investment for first-time buyers or savvy investors. Located near local parks, coffee shops, and just minutes from downtown Indianapolis, this is your chance to create a beautiful home in a growing area at an unbeatable value. Come see the potential for yourself and bring your vision to life!
Active
Price cut: $5.1K (7/1)
$119,900
1938 N Dearborn St, Indianapolis, IN 46218
2beds
2,026sqft
Est.:
Residential, Single Family Residence
Built in 1920
5,227.2 Square Feet Lot
$-- Zestimate®
$59/sqft
$-- HOA
What's special
Peaceful streetFull basementFenced-in yard optionCovered front porchFlexible bonus roomMain-level laundryCozy eat-in kitchen
- 47 days
- on Zillow |
- 395 |
- 45 |
Zillow last checked: 7 hours ago
Listing updated: July 10, 2025 at 11:34am
Listing Provided by:
Charlene Gaard 317-440-2149,
No Limit Real Estate, LLC,
Robert Gaard
Source: MIBOR as distributed by MLS GRID,MLS#: 22043774

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 2
Primary bedroom
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12X10
Bedroom 2
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12X10
Bonus room
- Level: Main
- Area: 70 Square Feet
- Dimensions: 10X07
Kitchen
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10X10
Living room
- Level: Main
- Area: 231 Square Feet
- Dimensions: 21X11
Heating
- None, Natural Gas
Cooling
- None
Appliances
- Included: None
- Laundry: Connections All
Features
- Attic Access, Eat-in Kitchen
- Has basement: Yes
- Attic: Access Only
Interior area
- Total structure area: 2,026
- Total interior livable area: 2,026 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Detached
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
Lot
- Size: 5,227.2 Square Feet
- Features: Trees-Small (Under 20 Ft)
Details
- Parcel number: 490732194281000101
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Vinyl Siding
- Foundation: Block
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: North Brookside Park
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $59/sqft
- Tax assessed value: $80,200
- Annual tax amount: $1,698
- Date on market: 6/18/2025
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