Overview

  • Updated On:
  • 07/06/2026
  • 120104
  • Property ID
  • 2
  • Bedrooms
  • 1
  • Bathrooms
  • 840 ft2
  • Property Size

2-Bedroom Townhouse for Rent in Indianapolis, IN 46201 – $1100/mo | 1 Baths | Updated 2025

$ 1,100
227 S Dearborn St, Indianapolis

Description

This is a newly updated 2 bedroom / 1 bath duplex home located in Center Township. The home features a brand new refrigerator and stove/oven for your convenience.

Enjoy the huge front porch for relaxing evenings and a spacious side yard perfect for pets or outdoor activities. Pets are welcome, making this a great home for the whole family.

Located just minutes from downtown, restaurants, shopping, and entertainment, this home offers both comfort and convenience.

Please note: This home does not accept Section 8. All properties prohibit smoking/vaping.

LEASE TERMS: 12 months.

UTILITIES: All Electric.

TENANT PAYS: All Utilities except water/sewer.

CENTRAL AIR: No.

Pet Deposit/Pet Policy: A maximum of 2 pets per property will be allowed with a non-refundable pet fee of $300. There will be a $30 per pet per month charge for pet rent. The following breeds are restricted: Pit Bull and Rottweiler.

By applying for eligible properties, Resident understands and agrees to auto-enrollment in the Asset Protect Renters Insurance Policy for $16.00/month without demand, payable with rent as outlined. This includes the mandatory $100,000 liability policy as well as $10,000 in personal property protection for the resident, OR Tenant must provide a copy of their Renters Insurance policy with CityPlace PM as Additional Interest PRIOR to moving in.

Address: 227 S Dearborn St
State/County:
Zip: 46201
Country: United States

Property Id: 120104
Price: $ 1,100
Property Size: 840 ft2
Bedrooms: 2
Bathrooms: 1

Energy Class: A+
Energy class A+
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AvailableMax Intelligence

Neighborhood & Market Insights

List price $1,100 Current property price
Price per sq ft $1.31 840 sq ft listed
Area median $1,425 32 comparables
Internal estimate $908 - $1,024 Based on area price per sq ft
School district 1 school Provider ready
Walkability & Transit Ready for data
Walk Score Connect location Uses the existing Walk Score setup
Transit Score Pending Shown when Walk Score returns transit coverage
Location signal Indianapolis 227 S Dearborn St, 46201, Indianapolis, Indiana
Open Walk Score
Neighborhood Market Strong sample
Median list price $1,425
Median price per sq ft $1.15
Trend lens Current active inventory
Valuation source Internal market model
This property $1,100
Area median $1,425
Estimate lens $966

This property is 22.8% below the current neighborhood median.

Price History Listing timeline
12/13/2025 Listed $1,100
07/06/2026 Last updated $1,100
Schools & District Provider ready
Schools Indianapolis Ready for school data provider mapping.

The schools block is active and ready for district, ratings, and assigned-school provider data.

Estimated Value History Trend ready
12/13/2025 Listing baseline $1,100
07/06/2026 AvailableMax estimate range $908 - $1,024

-12.2% modeled change across available points

Indianapolis Indiana 46201
Data sources
Walk Score setup AvailableMax active listings AvailableMax market model School metadata Listing and valuation history

$ 7.53
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 6.15

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

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Important Listing Information

Property ID: 120104

Property Address: 227 S Dearborn St, Indianapolis, Indiana, 46201

Property details, pricing, availability, photos, dimensions, neighborhood information, and energy-related data may be provided by the property owner, listing agent, user submissions, or third-party data sources. Information may change without notice and should be independently verified before making any real estate, financial, or legal decision.

AvailableMax is a U.S.-based real estate technology platform that enables listing visibility and direct connections between users. AvailableMax does not represent buyers, sellers, landlords, or tenants in real estate transactions, and does not provide brokerage, legal, lending, or closing services unless expressly stated otherwise.

Photos, media, and listing content may be uploaded by users or supplied by third-party sources. Availability, accuracy, completeness, ownership, and usage rights of submitted materials are the responsibility of the submitting source.

Energy-related metrics and similar property attributes may be estimate-based or source-provided and may not reflect official governmental or certified assessments.

Data last updated: July 6, 2026 — 4:08 AM

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