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- Description
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$235,000
Monthly Est:$1,170
4 Beds
- 2 Baths
2 full baths
1,860sqft
554 N Oakland Ave, Indianapolis, IN 46201
$235,000
$1,170/moEst:
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Single Family Residence
Built in 1920
$-- HOA
4,922 sqft lot
$126/sq.ft
Description
$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!!
- Houzeo last checked: 4 minutes ago
- Listing updated: October 30, 2026 at 5:06 am
- Listing Provided by: Jim Abner (317) 716-5044 | eXp Realty, LLC (888) 611-3912
- Source: Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN as distributed by MLS GRID | MLS#: 22094651

Property Details
Status
Active
Type
Single Family Residence
No. of Stories
-
County
City
Neighborhood
Year Built
1920
HOA Fees
-
Finished Area
1,860 sqft
Lot Size
4,922 sqft lot
Basement Area
- sqft
MLS Name
Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS
MLS Number
22094651
MLS Status
Active
Days on Market
212
Cumulative Days on Market
196

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 2
Kitchen
Level: Main
Area: 150.00 Square Feet
Dimensions: 15x10
Living Room
Level: Main
Area: 351.00 Square Feet
Dimensions: 27x13
Master Bedroom
Level: Main
Area: 143.00 Square Feet
Dimensions: 11x13
Bedroom 3
Level: Upper
Area: 156.00 Square Feet
Dimensions: 13x12
Bedroom 2
Level: Main
Area: 121.00 Square Feet
Dimensions: 11x11
Dining Room
Level: Main
Area: 182.00 Square Feet
Dimensions: 14x13
Bedroom 4
Level: Upper
Area: 182.00 Square Feet
Dimensions: 14x13
Laundry
Level: Main
Area: 42.00 Square Feet
Dimensions: 7x6
Interior
Exterior Features
Fire Pit, Storage Shed
Appliances
Dishwasher, Electric Water Heater, Micro Hood, Microwave, Electric Oven, Refrigerator
Interior Features
Walk In Closet(s)
Cooling
Central Air
Heating
Forced Air, Electric
Window Features
Vinyl Windows
Construction
Year Built
Year Built: 1920
Home type
Single Family Residence
Property Condition
Updated/remodeled
Architectural Style
Traditional
Construction Materials
Vinyl Siding
Foundation Details
Block
Utilities & Energy
Utilities
Natural Gas Available
Electric
200+ Amp Service
Laundry Features
Laundry Room, Main Level
Fireplace Features
Living Room, Masonry, Non Functional
Parking Features
Alley Access, Gravel, Gated, Guest
Basement
Partial, Storage Space, Unfinished
Water Source
Public
Security Features
Smoke Detector(s)
Other Features
Subdivision Name
Phelans Sub Langs E Mich
Lot Features
Curbs, Sidewalks, Mature Trees
Patio And Porch Features
Covered
Price History
| Date | Event | Price |
|---|---|---|
10/30/2026 Source: | Listed for Sale | $235,000 $126/sqft |
10/02/2026 Source: | Listing Removed | $235,000 -1.88% $126/sqft |
09/22/2026 Source: | Price Decreased | $239,500 -1.03% $129/sqft |
09/04/2026 Source: | Price Decreased | $242,000 -2.22% $130/sqft |
08/20/2026 Source: | Price Decreased | $247,500 -0.80% $133/sqft |
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Based on information from MIBOR REALTOR® Association through Nov 08, 2026, 07:30AM as submitted to and distributed by MLS GRID. The Broker Listing Cooperative® listing service's Listing information is deemed reliable but is not guaranteed accurate by the Broker Listing Cooperative® listing service. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. All Rights Reserved. © 2026 MIBOR REALTOR® Association.
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