$400,000

beds

baths

2,160

square ft

5501 Indianola Avenue

Indianapolis, Indiana 46220

Closed / MLS #22064792 / Single Family / Canterbury-Chatard - Indianapolis

Listing information updated 11/5/2025 at 1:06pm

Located just a few blocks from the Monon Trail and the vibrant shops and restaurants on 54th Street, this 4-bedroom, 2-bathroom Broad Ripple beauty blends classic charm with modern functionality. Situated on a spacious corner lot, the home features original hardwood floors, a limestone-wrapped fireplace, glass doorknobs, and a built-in dining room hutch that speaks to its timeless character. The main floor offers two bedrooms, a full bathroom, and a bright living room that leads to the dining room and kitchen. The finished basement adds incredible versatility with two additional bedrooms-each with egress windows-a second full bathroom, and a bonus room perfect for a home office, gym, or media space. A breezeway connects the home to the 2 car attached garage, providing covered access and extra storage. Out back, enjoy a large paver patio and fully fenced in-ideal for outdoor entertaining, pets, or simply relaxing in your own private retreat. This is Broad Ripple living at its best: walkable, charming, and move-in ready.

Full Features

Architecture Style:

Bungalow

Exterior Type:

Vinyl Siding

Basement:

Egress Window(s),Partially Finished

Beds Above Grade:

Cooling System:

Central Air

Heating System:

Forced Air, Natural Gas

Appliances:

Dishwasher, Dryer, Disposal, Gas Water Heater, MicroHood, Microwave, Electric Oven, Refrigerator, Washer, Water Softener Owned

Main Level Primary Bedroom:

Yes

Fireplace:

Yes

Pool:

Age:

84 Years

Parking Type:

Garage Door Opener

Parking Spaces:

Garage:

Garage - 2 Car(s)

Room Count:

Square Feet:

2,160

Lot Size:

0.21 Acres

Acreage:

0.21

Internal Features:

Hardwood Floors

External Features:

Patio/Porch

Room Information

Living Room:

22x14 - Main

Dining Room:

12x11 - Main

Kitchen:

12x9 - Main

Family Room:

13x10 - Basement

Primary Bedroom:

13x10 - Main

2nd Bedroom:

12x10 - Main

3rd Bedroom:

12x11 - Basement

4th Bedroom:

16x10 - Basement

Sun Room:

12x9 - Main

Taxes & Assessments

Tax Amount:

N/A

Tax Year:

2024

Location

Zip Code:

46220

City:

Indianapolis

County:

Marion

Schools

School District(s):

Indianapolis Public Schools

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Architecture Style:

Bungalow

Exterior Type:

Vinyl Siding

Basement:

Egress Window(s),Partially Finished

Beds Above Grade:

Cooling System:

Central Air

Heating System:

Forced Air, Natural Gas

Appliances:

Dishwasher, Dryer, Disposal, Gas Water Heater, MicroHood, Microwave, Electric Oven, Refrigerator, Washer, Water Softener Owned

Main Level Primary Bedroom:

Yes

Fireplace:

Yes

Pool:

Age:

84 Years

Parking Type:

Garage Door Opener

Parking Spaces:

Garage:

Garage - 2 Car(s)

Room Count:

Square Feet:

2,160

Lot Size:

0.21 Acres

Acreage:

0.21

Internal Features:

Hardwood Floors

External Features:

Patio/Porch

Living Room:

22x14 - Main

Dining Room:

12x11 - Main

Kitchen:

12x9 - Main

Family Room:

13x10 - Basement

Primary Bedroom:

13x10 - Main

2nd Bedroom:

12x10 - Main

3rd Bedroom:

12x11 - Basement

4th Bedroom:

16x10 - Basement

Sun Room:

12x9 - Main

Tax Amount:

N/A

Tax Year:

2024

Zip Code:

46220

City:

Indianapolis

County:

Marion

School District(s):

Indianapolis Public Schools

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Listing Office: @properties

Listing Office Phone: 317.489.3441

Disclaimer: The data relating to real estate for sale on this website comes courtesy of MIBOR REALTOR® Association as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 11/5/2025 at 1:06pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.