5506 N Illinois Street Indianapolis, IN 46208

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Mike Thomas Associates
9601 Coldwater Road
Fort Wayne, IN 46825
(260) 489-2000
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Cape Cod • 87Y Old

$525,000

5506 N Illinois Street

3 Bedrooms
3 Bathrooms 2 Full, 1 Half
2673 sqft
0.16 Acres
2 Car Garage Garage Door Opener,Keyless Entry
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.

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Amenities

Breakfast Bar, Built-in Features, Entrance Foyer, Hardwood Floors, Smart Thermostat, Wood Work Painted, Dishwasher, Dryer, Electric Water Heater, ENERGY STAR Qualified Appliances, Disposal, Gas Water Heater, MicroHood, Microwave, Convection Oven, Gas Oven, Refrigerator, Washer, Water Purifier, Other, Deck, Patio, Porch, Cable Connected, Natural Gas Connected

Map to 5506 N Illinois Street, Indianapolis, IN 46208

Property
MLS # 22074792
Date Listed 2025-12-03
Status Active
Property Type Residential
Property SubType Single Family Residence
Square Feet 2673 sqft
New Construction No
Style Cape Cod
Type Single Family Residence
Basement Daylight, Finished Ceiling, Finished Walls, Full
Bedrooms 3
Bathrooms 3 (2 Full, 1 Half)
Year Taxes Payable 2024
Year Built 1938
Days on Market 3
Additional
Design Cape Cod
Cooling Central Air
Heating Forced Air, Natural Gas
Garage Yes
External Features
Construction Single Family Residence
Exterior Deck, Patio, Porch
Lot Size 7,013 sq ft
Acreage 0.16 Acres
Sewer Municipal Sewer Connected
Water Public
Fence Full, Gate
Location
Area Marion
County Marion
Subdivision North Butler Terrace
Township Washington
City Indianapolis
State IN
Zip 46208
Schools
School District Indianapolis Public Schools
Financial
Assoc. Dues $0.00

MLS# 22074792
Listing Provided Courtesy of Roger Lundy
Keller Williams Indpls Metro N
roger@rogerlundy.com

Listing updated December 4, 2025 at 4:39 pm
Last checked 9 minutes ago

IDX information provided by the MIBOR REALTOR® Association. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

Learn More About 5506 N Illinois Street

Presented By
Mike Thomas Associates
9601 Coldwater Road
Fort Wayne, IN 46825
(260) 489-2000
Email
Agent to Contact

By clicking "Send Message", you agree to be contacted by Sarah Hubley about your request. Please see our Privacy Policy.