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Street View
$425,000
Monthly Est:$2,115
4 Beds
- 2 Baths
2 full baths
2,514sqft
5047 Graceland Ave, Indianapolis, IN 46208
$425,000
$2,115/moEst:
Get Pre-Approved
Single Family Residence
Built in 1950
$-- HOA
6,882 sqft lot
$169/sq.ft
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.
- Houzeo last checked: 8 minutes ago
- Listing updated: October 29, 2026 at 3:56 pm
- Listing Provided by: Michael Johnson | Encore Sotheby's International (317) 660-4444
- Source: Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN as distributed by MLS GRID | MLS#: 22116275

Property Details
Status
Pending
Type
Single Family Residence
No. of Stories
-
County
City
Neighborhood
Year Built
1950
HOA Fees
-
Finished Area
2,514 sqft
Lot Size
6,882 sqft lot
Basement Area
- sqft
MLS Name
Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS
MLS Number
22116275
MLS Status
Pending
Days on Market
97
Cumulative Days on Market
94

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 2
Dining Room
Level: Main
Area: 120.00 Square Feet
Dimensions: 12x10
Kitchen
Level: Main
Area: 130.00 Square Feet
Dimensions: 13x10
Master Bedroom
Level: Main
Area: 165.00 Square Feet
Dimensions: 15x11
Bedroom 2
Level: Main
Area: 165.00 Square Feet
Dimensions: 15x11
Bedroom 3
Level: Upper
Area: 154.00 Square Feet
Dimensions: 14x11
Bedroom 4
Level: Upper
Area: 143.00 Square Feet
Dimensions: 13x11
Living Room
Level: Main
Area: 192.00 Square Feet
Dimensions: 16x12
Interior
Cooling
Central Air
Heating
Forced Air
Flooring
Hardwood
Appliances
Dishwasher, Disposal, Microwave, Electric Oven, Refrigerator
Window Features
Wood Frames
Construction
Year Built
Year Built: 1950
Home type
Single Family Residence
Architectural Style
Traditional
Foundation Details
Block
Construction Materials
Brick
Utilities & Energy
Fireplace Features
Living Room
Parking Features
Detached
Basement
Unfinished
Water Source
Public
Utilities
Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Laundry Features
In Basement
Other Features
Lot Features
City Lot, Not In Subdivision, Storm Sewer, Mature Trees
Patio And Porch Features
Screened
Subdivision Name
Butler Tarkington
Price History
| Date | Event | Price |
|---|---|---|
10/29/2026 Source: | Pending | $425,000 $169/sqft |
10/09/2026 Source: | Price Decreased | $425,000 -6.59% $169/sqft |
08/19/2026 Source: | Price Decreased | $455,000 -4.19% $181/sqft |
07/28/2026 Source: | Listed for Sale | $474,900 $189/sqft |
Butler-Tarkington/Rocky Ripple Ranks #15 in Indianapolis, IN
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Based on information from MIBOR REALTOR® Association through Nov 01, 2026, 06:00AM. The Broker Listing Cooperative® listing service's Listing information is deemed reliable but is not guaranteed accurate by the Broker Listing Cooperative® listing service. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.. All Rights Reserved. © 2026 MIBOR REALTOR® Association.
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