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5506 N Illinois Street, Indianapolis, IN 46208

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For Sale

$525,000

3 beds2 baths1 half baths2,316 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • Newly Listed
    Time on Century 21

  • $226.68
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Beautifully updated Cape Cod in the heart of Butler-Tarkington, just steps from the charm of 56th & Illinois. Meticulously maintained and extensively improved to blend historic character with modern upgrades, including a full kitchen renovation in 2024 featuring custom white oak cabinetry, quartz counters, and stainless appliances. Original leaded-glass windows, a restored fireplace, arches, and timeless hardwood floors reflect the home's classic charm. Benefit from structural and mechanical updates which provide peace of mind such as newer roof, decking, and gutters in 2023. The exterior was painted in 2024 and features Hardie Plank siding. The brick facade has undergone tuckpointing to restore the appearance and stability of the brickwork. The chimney was rebuilt in 2020, and marble tile was added to the hearth in 2023 and combined with the gas logs, creates the perfect focal point for the living room. Updated light fixtures, built-in bookshelves, and window seats add to the charm and livability. The finished basement offers flexible living space, a laundry room with a sink and a laundry chute, plus a large room for extra storage and multiple closets. Upstairs, the windows have been rebuilt to match the original aesthetic. The powder room on the main level was fully updated in 2024 and the sinks and upstairs tub were reglazed in 2025. Outdoor living shines with a stamped concrete patio, beautiful landscaping, and a deck with a pergola overlooking the serene and fully fenced backyard. French doors from the living room to the deck add to the ease of entertaining. The solid two-car garage includes new openers and the driveway has been replaced. Located near Butler University, neighborhood cafes, and tree-lined streets full of character, this home is truly move-in ready for you to benefit from all of the thoughtful improvements.
MLS# 22074792

Courtesy Of Keller Williams Indianapolis Metro North

(317) 846-6300

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Dishwasher, Dryer, Garbage Disposer, Microwave, Oven - Convection, Oven - Gas, Refrigerator, Washer, Water - Purifier
  • Architecture Style
    Cape Cod
  • Exterior Type
    Brick
  • Fireplace
    Fireplace
  • Heating System
    Forced Air
  • Lot Size
    0.16 Acres
  • Rooms
    Basement, Bonus Room, Dining Room, Family Room, Kitchen, Living Room

Home seller CENTURY 21 Scheetz

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

Mortgage Calculator

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Monthly Payment Breakdown

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