5506 N Illinois Street, Indianapolis, IN 46208

$600,000
3
BD
3
BA
2,673
SqFt

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Sold Price
$600,000
List Price
$525,000
Closing Date
Apr 24, 2026
MLS#
22074792
Property Type
Residential
Bedrooms
3
Bathrooms
3
Sqft. of Residence
2,673
Year Built
1938
Days on Market
143
Status
SOLD

Property Description

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.

Additional Information

Basement
Daylight, Finished Ceiling, Finished Walls, Full
Foundation
Block, Full
Number of Fireplaces
1
Fireplace Description
Gas Log, Living Room, Masonry
Stories
Two
Architecture
Cape Cod
Equipment
Smoke Alarm
Interior
Breakfast Bar, Built-in Features, Entrance Foyer, Hardwood Floors, Smart Thermostat, Wood Work Painted
Acres
0.16
Heat
Forced Air, Natural Gas
Cooling
Central Air
Financing
Conventional, FHA, VA
Appliances
Dishwasher, Dryer, Electric Water Heater, ENERGY STAR Qualified Appliances, Disposal, Gas Water Heater, MicroHood, Microwave, Convection Oven, Gas Oven, Refrigerator, Washer, Water Purifier, Other
Semi-Annual Taxes
$1,852
Garage
Yes
Garage Parking
Garage Door Opener, Keyless Entry
Region
Washington
Areas
Living Room Formal
Eating Areas
Formal Dining Room, Separate Room, Other Eating Area

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Indpls Metro N. Selling Office: Crownmark Realty LLC.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative