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1486 N Illinois Street #1

Indianapolis, IN 46202

ActiveListed Aug 24, 2026 · 3 days on market

Key facts

Beds
2
Baths
2 full
Living area
1,322 sqft
Year built
1890
Type
Residential · Condominium
Stories
Two
Garage
2 spaces
MLS #
22122097
County
Marion
Subdivision
Olga & Vera Hpr
Total building area
1,560 sqft

About this home

Great end-unit condo just out of the heart of downtown! Listed in the National Historic Registry! This historic, brick row house features two bedrooms plus a basement bonus room, living room, large dining room and an updated kitchen. All appliances are included. Kitchen flows into a dining area that could even be split into an eat-in area and an office. Mounted tv in living room stays. Fireplace is just decorative. Two nice sized bedrooms upstairs with a 2nd bathroom and stack washer/dryer. Basement room could be converted into more living space, flex space or workout area. TWO designated parking bays in underground garage with electronic code. Accessible by a nice new concrete drive. There's a door on the lower basement level that goes right into the garage. Making this a great parking location for all weather conditions. Convenient location with easy access to interstates and public transportation and is adjacent to the new multi-billion dollar IU Health Methodist Hospital expansion. Close to the Stutz Center and Downtown Canal Walk. Work or play at Lucas Oil Stadium or Gainbridge Fieldhouse? This is your place! Many other opportunities are also a short walk or bike ride. Bike lines are accessible on Illinois Street. Urban professionals will love this location as would roommates to the many downtown medical facilities or schools. Two miles from the Children's Museum.

Description provided by the listing brokerage.

Interior

Appliances
DishwasherDryerDisposalMicrowaveElectric OvenRefrigeratorWasherElectric Water Heater
Interior features
Hi-Speed Internet AvailblEat-in KitchenSmart ThermostatWalk-In Closet(s)Wood Work Painted
Kitchen
Kitchen Updated
Other rooms and areas
Living Room Formal
Basement
Finished CeilingPartialWalk-Out AccessFinished Walls
Fireplaces
1
Fireplace type
Living RoomNon Functional
Laundry
Upper Level
Windows
Bay Window(s)
Rooms
6

Exterior

Patio and porch
Covered
Construction
Brick
Foundation
Block
Style
Traditional
Parking and garage
AssignedAttachedGarage Door Opener
Fencing
Fence Complete
Other equipment
Smoke Alarm

Systems

Heating
Forced AirHeat PumpElectric
Cooling
Central Air
Water
Public

Lot and HOA

HOA fee
$215 / monthly
Lot features
Corner LotGated CommunitySidewalks
HOA fee includes
Entrance CommonLawncareMaintenance GroundsMaintenance StructureMaintenance

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$2,266 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,536per month, estimated
Principal and interest $1,059Property tax $189Insurance $74HOA $215
20% · $42,000
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$210,000
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