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$269,500 -

554 N Oakland Avenue Indianapolis IN 46201

4
Bedrooms
2
Baths
N/A
SQ. Feet
(Above Ground)
0.11
Acres

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 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 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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Property Details

Price: $269,500 Previously: $269,500 Originally: $269,500 Bedrooms: 4 Bathrooms: 2.00 MLS #: 22094651 Year Built: 1920 Township: Center Sq. Ft Total: 2,476 Type: Residential Zip Code: 46201 City: Indianapolis Subdivision: Phelans Sub Langs E Mich County: Marion School District: Indianapolis Public Schools Elementary School: Thomas D Gregg School 15

Interior Features

Interior Features:
  • Appliances: Dishwasher, Electric Water Heater, MicroHood, Microwave, Electric Oven, Refrigerator
  • Cooling: Central Air
  • Heating: Forced Air, Electric

Exterior Features

Exterior Features:
  • Features: Fire Pit, Storage Shed
  • Setting / Lot Description: Curbs, Sidewalks, Mature Trees
  • Porch: Covered
  • # Acres: 0.11

Listing Office: Exp Realty, Llc

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All information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All Information believed to be reliable but not guaranteed and should be independently verified. © 2026 MIBOR Broker Listing Cooperative®. All rights reserved.

Listing information last updated on April 12th, 2026 at 10:43am EDT.

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