5321 N Illinois Street, Indianapolis, IN 46208

$800,000
3
BD
5
BA
4,036
SqFt

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List Price
$800,000
MLS#
22115750
Property Type
Residential
Bedrooms
3
Bathrooms
5
Sqft. of Residence
4,036
Year Built
1951
Days on Market
1
Status
ACTIVE

Property Description

Welcome to 5321 N Illinois Street- A unique mid-century reverse tri-level home, offering nearly 4,000 square feet of living space across four distinct levels in the heart of historic Butler-Tarkington. A circular drive, leads to where the home is set at the center of an extraordinary park-like setting, sprawling over .68 acres of private property. More than 40 species of trees, flowers and plant life - include a tricolor beech, yellow magnolias, dogwoods, lilacs, peonies & daffodils just to name a few - have been lovingly cultivated, and creates an ever-changing landscape that's almost always in bloom. Inside, restored hardwood floors on every level and beautifully preserved wood trim pair with enormous kitchen skylights, abundant windows and a massive front picture window, fill the home with natural light that will warm your heart. The main-level circular floor plan adds function and flow, while two additional expansive spaces await upstairs-including a fully wood-paneled fourth level with an entire wall of windows overlooking the private backyard. Spend your evenings unwinding on the glass-enclosed sun porch listening to the sounds of nature. The walkout lower level provides even more flexible living space, while the oversized two-car garage is conveniently tucked beneath the home. The front steps were also completely rebuilt in 2025. Every detail feels thoughtful and lovingly chosen-from tiles handcrafted by a local artist to reflect the flowers and plant life growing throughout the property, to the original materials so carefully preserved. The vibrant community surrounding it, with kids biking to the Riviera Club, neighbors walking everywhere, from Butler University, to the Canal Towpath and the shops at 56th and Illinois that's just moments away. It's more than a location; it's a lifestyle-with the best of both worlds, a private, park-like retreat that still places you right in the mix of this wonderful Indianapolis neighborhood.

Additional Information

Basement
Ceiling - 9+ feet, Exterior Entry, Finished Ceiling, Finished Walls, Full, Interior Entry, Partially Finished, Roughed In, Storage Space, Walk-Out Access
Foundation
Block, Crawl Space, Partial
Number of Fireplaces
2
Fireplace Description
Basement, Gas Log, Great Room, Recreation Room
Stories
Three Or More
Architecture
Mid-Century Modern, Split Level, Traditional
Equipment
Security System Owned, Smoke Alarm
Interior
Attic Access, Bath Sinks Double Main, Built-in Features, Entrance Foyer, Hardwood Floors, Eat-in Kitchen, Wood Work Stained
Exterior Amenities
Gutter Guards, Lighting
Acres
0.68
Heat
Zoned, Forced Air, Natural Gas
Cooling
Central Air
Financing
Conventional, FHA, VA
Appliances
Dishwasher, Disposal, Microwave, Electric Oven, Gas Oven, Range Hood, Gas Water Heater
Semi-Annual Taxes
$2,663
Garage
Yes
Garage Parking
Garage Door Opener
Region
Washington
Areas
Bedroom Other on Main, Family Room 2nd Story, Laundry in Unit, Living Room - 2 Story, Living Room Formal, Utility Room
Eating Areas
Dining Combo/Kitchen, Formal Dining Room

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Berkshire Hathaway Home.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative