5501 Indianola Avenue, Indianapolis, IN 46220
- $400,000
- 4
- BD
- 2
- BA
- 2,160
- SqFt
- Sold Price
- $400,000
- List Price
- $400,000
- Closing Date
- Nov 05, 2025
- MLS#
- 22064792
- Property Type
- Residential
- Bedrooms
- 4
- Bathrooms
- 2
- Sqft. of Residence
- 2,160
- Year Built
- 1941
- Days on Market
- 41
- Status
- SOLD
Property Description
Located just a few blocks from the Monon Trail and the vibrant shops and restaurants on 54th Street, this 4-bedroom, 2-bathroom Broad Ripple beauty blends classic charm with modern functionality. Situated on a spacious corner lot, the home features original hardwood floors, a limestone-wrapped fireplace, glass doorknobs, and a built-in dining room hutch that speaks to its timeless character. The main floor offers two bedrooms, a full bathroom, and a bright living room that leads to the dining room and kitchen. The finished basement adds incredible versatility with two additional bedrooms-each with egress windows-a second full bathroom, and a bonus room perfect for a home office, gym, or media space. A breezeway connects the home to the 2 car attached garage, providing covered access and extra storage. Out back, enjoy a large paver patio and fully fenced in-ideal for outdoor entertaining, pets, or simply relaxing in your own private retreat. This is Broad Ripple living at its best: walkable, charming, and move-in ready.
Additional Information
- Basement
- Egress Window(s), Partially Finished
- Foundation
- Block
- Number of Fireplaces
- 1
- Fireplace Description
- Living Room
- Stories
- One
- Architecture
- Bungalow
- Equipment
- Sump Pump
- Interior
- Hardwood Floors
- Acres
- 0.21
- Heat
- Forced Air, Natural Gas
- Cooling
- Central Air
- Appliances
- Dishwasher, Dryer, Disposal, Gas Water Heater, MicroHood, Microwave, Electric Oven, Refrigerator, Washer, Water Softener Owned
- Semi-Annual Taxes
- $2,785
- Garage
- Yes
- Garage Parking
- Garage Door Opener
- Region
- Washington
- Eating Areas
- Formal Dining Room
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Listing courtesy of @properties. Selling Office: Encore Sotheby's International.
Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative