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3554 N Illinois St, Indianapolis, IN, 46208

2beds
2baths
2,026sqft
$198,000
$98price/sqft
$1,460/moest. monthly cost
$58,400/yrincome needed

About This Home

Set your eyes on this 1955 traditional home in the heart of Avondale - just minutes from downtown Indianapolis, the Children's Museum, Butler University, and scenic Riverside Park. Boasting 2 spacious bedrooms, 2 well-appointed baths, and over 2,000 sq. ft. of flexible living space, this home blends original character with thoughtful recent updates. A brand-new roof, HVAC system, flooring, windows, and fresh paint set the stage for comfortable living. Sunlight pours through large windows into a generous living room and spacious bedrooms. Featuring beautifully charming hardwood floors and - perfect for both quiet evenings and lively gatherings. Enjoy memorable meals in the formal dining room or cozy mornings under the covered front porch. Both bedrooms offer generous proportions and charm, and a full bath on each level with your convenience in mind. Outside, a covered front porch invites you to relax with a morning coffee, and the private backyard offers endless possibilities - from gardening to entertaining under the open sky. Downstairs, the full unfinished basement presents an exciting opportunity: imagine a workshop, storage haven, or additional recreational space tailored to your vision. Whether you're a homeowner seeking your next creative canvas, an investor ready to unlock value, or someone yearning for proximity to vibrant city life, 3554 N Illinois St delivers unmatched potential.

Getting Around

67
WalkingSomewhat Walkable
46
TransitSome Transit
60
BikeBikeable

Schools

2/10
Shortridge High SchoolGrades 9-120.3 mi
3/10

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1955

Materials

  • Foundation: Block
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Gas Water Heater
  • Laundry features: In Basement

Basement

  • Has basement: Yes
  • Basement: Egress Window(s),Exterior Entry,Interior Entry,Unfinished

Bedroom2

  • Level: Upper
  • Area: 156
  • Dimensions: 13x12

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 1

Dining Room

  • Level: Main
  • Area: 182
  • Dimensions: 14x13

Features

  • High Ceilings,Hardwood Floors,Walk-In Closet(s)
  • Flooring: Hardwood
  • Number of fireplaces: 1
  • Fireplace features: Non Functional
  • Fireplace: Yes
  • Finished area below ground: 0

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,026
  • Total interior livable area: 2,026 sqft

Kitchen

  • Level: Main
  • Area: 150
  • Dimensions: 15x10

Living Room

  • Level: Main
  • Area: 240
  • Dimensions: 20x12

Master Bedroom

  • Level: Upper
  • Area: 156
  • Dimensions: 13x12

Property

Details

  • Parcel number: 490623130121000101
  • Horse amenities: None

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered,Glass Enclosed

Lot

  • Lot size: 4,356 sqft
  • Features: Sidewalks,Mature Trees

Parking

  • Parking features: Alley Access

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Inland Flooding
Tornado

FEMA Declared Disasters Across Indiana Counties

Flood
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,001$12,012
Home Insurance *$151$1,812
Property Taxes $123$1,476
Electricity $185$2,228
Total$1,460$17,520
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$50,057/yr
40% on housing$43,800/yr
45% on housing$38,933/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.6%
10.6%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 2.3%
2.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$98This listing

vs Other Active Listings

Avg $/sqft

ZIP 46208$117
Marion County$125

vs Homes Sold Last Month

Median $/sqft

ZIP 46208$118
Marion County$131

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-23Price change$200,000
2026-01-15Listed for sale$207,000
2026-01-10Listing removed$209,000
2025-10-01Price change$209,000
2025-09-02Price change$214,000
2025-07-09Listed for sale$219,999
2024-10-17Sold$100,000
2024-10-16Pending sale$144,500
2024-08-20Listing removed$144,500
2024-07-29Price change$147,500
2024-07-06Price change$151,500
2024-05-20Price change$154,000
2024-04-16Price change$158,000
2024-03-22Listed for sale$165,000
2015-01-12Listing removed$465
2014-12-18Price change$465
2014-11-18Price change$495
2014-10-14Listed for rent$525

For Sale by Agent

AgentSonia Khan
BrokerageF.C. Tucker Company

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