4050 N Illinois Street

Indianapolis, IN
$ 299,900 Beds 2 Baths 2 Sq 2,067
Monthly Estimate* How much can I afford?

Charming Storybook Tudor Revival on One of Indy's Most Prestigious Streets ~ Nestled four blocks from the Governor's Mansion on Illinois Street ~ a tree-lined address that carries the same prestige as Washington Blvd., Pennsylvania Avenue, or Meridian Street ~ this 1920 Tudor Revival cottage offers timeless character in an unbeatable location. ~ Set back beneath a canopy of century old trees, this home is framed by a fenced yard, small garden path, wood deck and an attached garage, blending curb appeal with everyday conveniences. Step through the graceful arched front entry into a home that has preserved its original architectural soul: hand-crafted hardwood floors, textured stucco walls & ceilings, iron handrails, a classic wood burning fireplace, original interior doors, and charming arched doorways carry the character of the 1920's throughout. The windows, kitchen and bathrooms have been thoughtfully updated for modern living, striking the perfect balance between vintage charm and everyday comfort. Outside, a private deck overlooking a secluded yard is perfect for entertaining, and the open patio with pathway provides the perfect space for your herb garden. Location is second to none, walkable to neighborhood parks, next to elementary school and walkable to Butler University, plus a bus ride to downtown Indy just moments away. This is Butler Tarkington living at its finest: historic character, an unmatched address and true walkable convenience.

Active

  • Price
  • $ 299,900
  • City
  • Indianapolis
  • Bedrooms
  • 2
  • Full Bathrooms
  • 2
  • County
  • MARION
  • Half Bathrooms
  • 0
  • Area
  • Washington
  • Lot Size
  • 0.11 Acres
  • Zip
  • 46208
  • Sqr Footage
  • 2,067
  • Year Built
  • 1926
  • Taxes
  • $ 2430
  • Style
  • Tudor
  • MLS#
  • 22118583
Listed By: Tracey Nix with Nix Real Estate Group;
Data Source: MIBOR Broker Listing Cooperative

Features

General

Heating Forced Air,Natural Gas
Cooling Central Air
Utilities Cable Available,Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
Possession Closing
Appliances Dishwasher,Dryer,Electric Water Heater,Disposal,MicroHood,Gas Oven,Refrigerator,Washer
Garage Spaces 1
Patio/Porch Features Deck,Patio
Architectural Style Tudor
Security Features Security System Owned,Smoke Detector(s)
Construction Materials Stucco
Year Built 1926
Electric 100 Amp Service
Township Washington
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
County Marion
New Construction No
Property Type Residential
HOA No
Subdivision Name Butler Tarkington
Garage Y/N Yes
Total Rooms 8
Full Baths 2
Status Active
Directions GPS Friendly
City Indianapolis
High School District Indianapolis Public Schools
MLS Area 4903 - Marion - Washington
Lot Size Square Feet 4617
Property Attached Y/N No
Property Condition Updated/Remodeled
Additional Parcels Y/N No
Standard Status Active
Tax Lot 6
Legal Description Illinois Terrace L6

Interior Features

Interior Amenities Hi-Speed Internet Availbl,Smart Thermostat,Walk-In Closet(s)
Basement Daylight
Total Fireplaces 1
Fireplace Features Family Room,Wood Burning
Basement (Y/N) Yes
Laundry Features In Basement
Total Bedrooms 2
LivingAreaSource Assessor
Total Baths 2

Exterior Features

Parking Features Attached
Lot Features Sidewalks,Street Lights,Mature Trees,Wooded
Water Source Public
Foundation Details Block
Building Area Total 2067
Lot Size Acres 0.11
Other Equipment Radon System,Security System Owned,Smoke Alarm,Sump Pump
Horse Amenities None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Columbus, IN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/8/2026 Listed $325,000
8/12/2026 8% - $300,000
8/27/2026 1% - $299,900

Property vs Zip Code Average in 46208

Price
AVG $240K
$300K
Taxes
AVG $3,085
$2,430
Year Built
AVG 1937
1926
Visits
AVG 80
37
Data Provided by Inside Real Estate®

4050 N Illinois Street Indianapolis, IN is a Single Family Home for sale at $299900 with 2067 sqft and a lot size of 0.11 Acres Acre(s). 4050 N Illinois Street Indianapolis has 2 bedrooms, 2 baths and was built in 1926. The property's zip code is 46208 which is in Indianapolis, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.