5047 Graceland Avenue, Indianapolis, IN 46208

$425,000
4
BD
2
BA
3,771
SqFt

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List Price
$425,000
Price Change
▼ $30,000 1791573838
MLS#
22116275
Property Type
Residential
Bedrooms
4
Bathrooms
2
Sqft. of Residence
3,771
Year Built
1950
Days on Market
74
Status
ACTIVE

Property Description

Located in the heart of Indianapolis's historic Butler-Tarkington neighborhood, this four-bedroom brick cottage perfectly blends classic architectural character with modern convenience. A paneled foyer opens into an inviting living room, where a paneled fireplace wall serves as a cozy focal point. The main floor features an ideal layout for entertaining, flowing seamlessly into a formal dining room perfect for dinner parties or family meals, as well as a partially updated kitchen. Two main-floor bedrooms and a full bath round out the lower level. Upstairs, you'll find two additional spacious bedrooms alongside a second full bath that was completely renovated within the past five years. The screened patio is ideal for outdoor dining. A full unfinished basement provides excellent storage or a clean canvas for future living space. Beautiful hardwood floors throughout. 2 car detached garage. All of this within walking distance to Butler University, neighborhood shops and restaurants.

Additional Information

Basement
Unfinished
Foundation
Block
Number of Fireplaces
1
Fireplace Description
Living Room
Stories
Two
Architecture
Traditional
Equipment
Generator
Acres
0.16
Heat
Forced Air
Cooling
Central Air
Financing
Conventional
Appliances
Dishwasher, Disposal, Microwave, Electric Oven, Refrigerator
Semi-Annual Taxes
$2,312
Garage
Yes
Region
Washington
Areas
Bedroom Other on Main
Eating Areas
Formal Dining Room

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Calculator source: Real Geeks

Listing courtesy of Encore Sotheby's International.

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