514 Dorman St, Indianapolis, IN, 46202
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!
Getting Around
Very Walkable
Some Transit
Very BikeableSchools
Construction
Condition
- Year built: 1886
Materials
- Foundation: Block
- Construction materials: Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Disposal,Microwave,Electric Oven,Refrigerator,Washer,Water Softener Owned
- Laundry features: Main Level
Basement
- Has basement: Yes
- Basement: Unfinished
Bedroom2
- Level: Upper
- Area: 143
- Dimensions: 13x11
Bedroom3
- Level: Upper
- Area: 63
- Dimensions: 9x7
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
Dining Room
- Level: Main
- Area: 169
- Dimensions: 13x13
Features
- Breakfast Bar,High Ceilings,Hardwood Floors
- Flooring: Hardwood
- Number of fireplaces: 1
- Fireplace features: Living Room,Non Functional
- Fireplace: Yes
- Finished area below ground: 0
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 1,497
- Total interior livable area: 1,497 sqft
Kitchen
- Features: Tile-Ceramic
- Level: Main
- Area: 126
- Dimensions: 9x14
Living Room
- Level: Main
- Area: 196
- Dimensions: 14x14
Master Bedroom
- Level: Upper
- Area: 143
- Dimensions: 13x11
Office
- Level: Main
- Area: 100
- Dimensions: 10x10
Property
Details
- Parcel number: 491006133017000101
- Horse amenities: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck,Covered
- Fencing: Fenced,Full
Lot
- Lot size: 5,227 sqft
- Features: Sidewalks,Storm Sewer,Street Lights,Mature Trees
Parking
- Parking features: None
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,642 | $19,704 |
| Home Insurance * | $154 | $1,848 |
| Property Taxes | $324 | $3,888 |
| Electricity | $184 | $2,212 |
| Total | $2,304 | $27,648 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
Wildfire
Hail
WindHow Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-01 | Listed for sale | $349,900 |
| 2025-09-17 | Listing removed | $338,900 |
| 2025-08-15 | Price change | $338,900 |
| 2025-07-25 | Price change | $339,900 |
| 2025-07-03 | Listed for sale | $349,900 |
| 2025-06-09 | Pending sale | $349,900 |
| 2025-05-31 | Listed for sale | $349,900 |
| 2017-06-16 | Sold | $215,000 |
| 2015-08-20 | Listing removed | $184,900 |
| 2015-06-17 | Listed for sale | $184,900 |
| 2010-12-17 | Listing removed | $175,000 |
| 2010-07-21 | Listed for sale | $175,000 |
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