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.
Active
$800,000
5321 N Illinois St, Indianapolis, IN 46208
3beds
4,036sqft
Residential, Single Family Residence
Built in 1951
0.68 Acres Lot
$-- Zestimate®
$198/sqft
$-- HOA
What's special
Extraordinary park-like settingGlass-enclosed sun porchFour distinct levelsPrivate park-like retreatAbundant windowsEnormous kitchen skylightsMassive front picture window
- 1 day |
- 1,084 |
- 73 |
Zillow last checked:
Listing updated:
Listed by:
Jennifer Melind 317-418-4064,
Berkshire Hathaway Home
Source: MIBOR as distributed by MLS GRID,MLS#: 22115750
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 5
- Full bathrooms: 2
- 1/2 bathrooms: 3
- Main level bathrooms: 3
- Main level bedrooms: 3
Primary bedroom
- Level: Main
- Area: 168 Square Feet
- Dimensions: 14X12
Bedroom 2
- Level: Main
- Area: 168 Square Feet
- Dimensions: 14X12
Bedroom 3
- Level: Main
- Area: 165 Square Feet
- Dimensions: 15X11
Bonus room
- Level: Upper
- Area: 560 Square Feet
- Dimensions: 28X20
Bonus room
- Level: Basement
- Area: 221 Square Feet
- Dimensions: 17X13
Breakfast room
- Features: Tile-Ceramic
- Level: Main
- Area: 70 Square Feet
- Dimensions: 10X07
Dining room
- Level: Main
- Area: 196 Square Feet
- Dimensions: 14X14
Family room
- Level: Upper
- Area: 377 Square Feet
- Dimensions: 29X13
Kitchen
- Features: Tile-Ceramic
- Level: Main
- Area: 117 Square Feet
- Dimensions: 13X09
Laundry
- Features: Other
- Level: Basement
- Area: 228 Square Feet
- Dimensions: 19X12
Living room
- Level: Main
- Area: 312 Square Feet
- Dimensions: 24X13
Utility room
- Features: Other
- Level: Basement
- Area: 120 Square Feet
- Dimensions: 10x12
Heating
- Zoned, Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Microwave, Electric Oven, Gas Oven, Range Hood, Gas Water Heater
- Laundry: Laundry Room, In Basement, Sink
Features
- Attic Access, Double Vanity, Built-in Features, Entrance Foyer, Hardwood Floors, Eat-in Kitchen
- Flooring: Hardwood
- Windows: Wood Work Stained
- Basement: Ceiling - 9+ feet,Exterior Entry,Finished Ceiling,Finished Walls,Full,Interior Entry,Partially Finished,Roughed In,Storage Space,Walk-Out Access
- Attic: Access Only
- Number of fireplaces: 2
- Fireplace features: Basement, Gas Log, Great Room, Recreation Room
Interior area
- Total structure area: 4,036
- Total interior livable area: 4,036 sqft
- Finished area below ground: 1,020
Property
Parking
- Total spaces: 2
- Parking features: Attached, Asphalt, Garage Door Opener
- Attached garage spaces: 2
- Details: Garage Parking Other(Garage Door Opener)
Features
- Levels: Three Or More
- Patio & porch: Glass Enclosed, Patio
- Exterior features: Gutter Guards, Lighting
- Fencing: Fenced,Full
Lot
- Size: 0.68 Acres
- Features: Not In Subdivision, Storm Sewer, Street Lights, Mature Trees, Wooded
Details
- Parcel number: 490612126002000801
- Special conditions: As Is
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Mid-Century Modern,Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Brick, Cedar
- Foundation: Block, Crawl Space, Partial
Condition
- New construction: No
- Year built: 1951
Utilities & green energy
- Electric: 200+ Amp Service
- Water: Public
Community & HOA
Community
- Security: Secured Garage/Parking, Security Lights, Security System Owned
- Subdivision: Madge Ann Williams
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $198/sqft
- Tax assessed value: $454,600
- Annual tax amount: $5,326
- Date on market: 8/13/2026
- Cumulative days on market: 3 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/13/2026 | Listed for sale | $800,000+147.7%$198/sqft |
Source:  MIBOR as distributed by MLS GRID #22115750 Report a problem | ||
| 6/15/2001 | Sold | $323,000$80/sqft |
Source: MIBOR as distributed by MLS GRID #2116507 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,538 +0.7% | $454,600 -0.8% |
| 2024 | $5,498 -2.9% | $458,200 |
| 2023 | $5,662 +9.7% | $458,200 -2.1% |
| 2022 | $5,162 +3.2% | $468,000 +6.7% |
| 2021 | $5,000 -2.1% | $438,600 +3.6% |
| 2020 | $5,109 +1.8% | $423,300 |
| 2019 | $5,018 +15.7% | $423,300 +2.8% |
| 2018 | $4,336 +6.3% | $411,800 +2.4% |
| 2017 | $4,078 -1.9% | $402,200 +6.4% |
| 2016 | $4,158 +3.3% | $377,900 +2.1% |
| 2014 | $4,026 +1.1% | $370,100 |
| 2013 | $3,984 | $370,100 +5% |
| 2012 | $3,984 | $352,400 +1.6% |
| 2011 | -- | $346,800 |
| 2010 | $3,613 -4.8% | $346,800 -2.6% |
| 2009 | $3,795 | $355,900 -2.5% |
| 2007 | -- | $365,100 +13.4% |
| 2006 | -- | $321,900 +37.6% |
| 2005 | -- | $234,000 |
| 2004 | -- | $234,000 |
| 2003 | -- | $234,000 +167.7% |
| 2002 | -- | $87,400 +200% |
| 2001 | -- | $29,130 |
| 2000 | -- | $29,130 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Butler-Tarkington
Nearby schools
GreatSchools rating
- 8/10Center for Inquiry School 84Grades: K-5Distance: 0.7 mi
- NABroad Ripple Middle School - An IB World SchoolGrades: 6-8Distance: 1.7 mi
- 2/10Shortridge High SchoolGrades: 9-12Distance: 2.2 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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