554 N Oakland Avenue, Indianapolis, IN 46201
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
Listed by: jim abner
Office: exp realty, llc.
MLS#:22094651
Source:IN_MIBOR | Licensed in Indiana
Price summary
- Price:$239,500
- Price per sq. ft.:$96.73
About this home
$5,000 Grant available!! - 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 the 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 biking and the 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 steel 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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Home facts
- Year built:1920
- Subdivision & Development:Phelans Sub Langs E Mich
- Listing ID #:22094651
- Added:169 day(s) ago
- Updated:September 26, 2026 at 03:26 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Dining Description:Formal Dining Room
- Kitchen Description:Dishwasher, Electric Oven, Microwave, Microwave Hood, Refrigerator
- Basement:Yes
- Basement Description:Basement, Partial, Storage Space, Unfinished
- Living area:1,860 sq. ft.
Heating and cooling
- Cooling:Central Electric
- Heating:Electric, Forced Air
- Central air:Yes
Structure and exterior
- Year built:1920
- Building area:1,860 sq. ft.
- Lot area:0.11 Acres
- Lot Features:Curbs, Mature Trees, Sidewalks
- Construction Materials:Vinyl Siding
- Exterior Features:Fire Pit, Storage Shed
- Foundation Description:Block
Schools
- Elementary school:Thomas D Gregg School 15
Utilities
- Water:Public Water
Finances and disclosures
- Price:$239,500
- Price per sq. ft.:$96.73
Features and amenities
- Appliances:Microwave, Refrigerator, Smoke Alarm
- Amenities:Sump Pump
Parking
- Parking description:Guest Street Parking
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