5047 Graceland Avenue, Indianapolis, IN 46208

$474,900
4
BD
2
BA
3,771
SqFt

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List Price
$474,900
MLS#
22116275
Property Type
Residential
Bedrooms
4
Bathrooms
2
Sqft. of Residence
3,771
Year Built
1950
Days on Market
1
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
Interior
Hardwood Floors
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