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554 N Oakland Avenue

Indianapolis, IN 46201
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Bed 4

Bed

Bath 2

Bath

SqFt2,476

Sqft

Acres0.11

Acre(Lot)

554 N Oakland Ave, Indianapolis, IN 46201 - This 1,844 sq ft traditional home delivers the flexibility, smart updates, and location that growing families and savvy investors have been waiting for. With 4 bedrooms (2 on each floor) and a full bath on both levels, the layout works beautifully for multigenerational living, work-from-home setups, or short-term rental income - AirBnB potential is real here. An additional 661 sq ft of dry, unfinished basement adds serious storage and utility space. Major systems have all been updated within the last 6 years, including the roof, HVAC, and water heater, so you can move in with confidence and no surprise expenses. Thoughtful energy upgrades set this home apart: foam insulation fills every wall cavity and the basement, with blown-in insulation in th e attic - all contributing to an impressively low electric bill averaging just about $260/month for an ALL electric home! New vinyl plank flooring runs throughout the first floor, giving the main level a clean, updated feel from the moment you walk in. Step outside to a fenced front yard and a covered front porch, perfect for morning coffee, then head to the backyard retreat, enclosed by a privacy fence, featuring a low-maintenance patio and fire pit, ideal for entertaining without the upkeep. Two secure, gated-off-street parking spots, plus a storage shed, round out the package. Location is a standout: just 2 miles from downtown Indianapolis, 23 minutes from the airport, and steps from the Monon, Pogue's Run, and Pennsy trails for the biking and outdoor lifestyle. Brookside, Ellenberger, Christian Park, and Whitewater State Park are all nearby, along with Irvington, Fountain Square, Mass Ave, the State Fairgrounds, the Indianapolis Zoo, and major sports venues. Stainless kitchen appliances - refrigerator, dishwasher, electric range, and microwave hood are all included. Space, systems, savings, and one of Indianapolis's most connected eastside locations. This one checks every box!

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Detail Ic Property Details

Property Type : Residential

Price : $255,000

AD Id : 76958862

MLS Id : MBR22094651

Beds : 4

Lot Size : 0.11 Acre

Living Area Size : 2,476

Year Built : 1920

County : Marion

Subdivision: Phelans Sub Langs E Mich

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Feature Features

  • Bedroom Information

    Total Bedroom: 4

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Room Information

    Rooms Total: 9 Has Basement: Yes

    Interior Features

    Walk-In Closet(s) Appliances: Dishwasher, Electric Water Heater, MicroHood, Microwave, Electric Oven, Refrigerator Laundry Features: Laundry Room, Main Level
  • Flooring Information

    Construction Materials: Vinyl Siding
  • Heating & Cooling

    Heating: Forced Air, Electric Cooling: Central Air WaterSource: Public

  • Building Information

    Year Built: 1920
  • Exterior Features

    Fire Pit, Storage Shed Construction Materials: Vinyl Siding Foundation Details: Block

  • Lot Information

    Lot Description: Curbs, Sidewalks, Mature Trees Lot Square Feet: 4922 Lot Acres: 0.11

    Property Information

    Property Type: Residential Sub Type: Single Family Residence Style: Traditional

  • Listing Price Information

    Original List Price:$269500

  • Tax Information

    Tax Lot: 2 Tax Legal Description: Phelan Sub Langs E Mich St Add L2 Tax Year: 2024 Parcel Number: 491005147010000101 Tax Exemption: Homestead Tax Exemption

  • Parking Information

    Alley Access, Gravel, Gated, Guest

    Garage Information

    Garage SQFT: Guest Street Parking

  • School Information

    Elementary School: Thomas D Gregg School 15
  • Utility Information

    Natural Gas Available Water Source: Public
  • Location Information

    Subdivision: Phelans Sub Langs E Mich City: Indianapolis Direction: GPS Friendly
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444 N Bancroft Street, Indianapolis, IN, 46201 $210,000 2 1 1,138 1,138 SqFt
321 N Riley Avenue, Indianapolis, IN, 46201 $250,000 3 2 1,800 1,800 SqFt
110 N Riley Avenue, Indianapolis, IN, 46201 $195,000 3 2 2,090 2,090 SqFt
5030 Elliott Avenue, Indianapolis, IN, 46201 $249,900 3 2 1,736 1,736 SqFt
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ByOwner last updated this listing 06/21/2026 @ 06:20

MLS: MIBOR #22094651 LISTED BY: Jim Abner, eXp Realty, LLC 317-969-5044 SOURCE: MIBOR REALTOR® Association (Listings courtesy of MIBOR REALTOR® Association as distributed by MLS GRID)

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