Pending
HotHot
Sale Pending at 5047 Graceland Ave, Indianapolis, IN 46208 | MLS# 22116275 | Listing updated on 2026-10-29
Photo 1 of Sale Pending at 5047 Graceland Ave, Indianapolis, IN 46208 | MLS# 22116275 | Listing updated on 2026-10-29
Photo 2 of Sale Pending at 5047 Graceland Ave, Indianapolis, IN 46208 | MLS# 22116275 | Listing updated on 2026-10-29
Photo 3 of Sale Pending at 5047 Graceland Ave, Indianapolis, IN 46208 | MLS# 22116275 | Listing updated on 2026-10-29
Photo 4 of Sale Pending at 5047 Graceland Ave, Indianapolis, IN 46208 | MLS# 22116275 | Listing updated on 2026-10-29
17+
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Street View

$425,000

Monthly Est:$2,115

  • Beds Icon4 Beds
  • Beds Icon
    2 Baths
  • Beds Icon2,514sqft

5047 Graceland Ave, Indianapolis, IN 46208

$2,115/moEst:

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  • 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 Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN as distributed by MLS GRID

Property Details

  • Status

    Pending

  • Type

    Single Family Residence

  • No. of Stories

    -

  • County

    Marion County

  • City

    Indianapolis

  • Neighborhood

    Butler Tarkington Rocky Ripple

  • 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

DateEventPrice

10/29/2026

Source: mls_logoMetropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN as distributed by MLS GRID #MBR22116275

Pending

$425,000

$169/sqft

10/09/2026

Source: mls_logoMetropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN #MBR22116275

Price Decreased

$425,000 -6.59%

$169/sqft

08/19/2026

Source: mls_logoMetropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN #MBR22116275

Price Decreased

$455,000 -4.19%

$181/sqft

07/28/2026

Source: mls_logoMetropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN #MBR22116275

Listed for Sale

$474,900

$189/sqft

Butler-Tarkington/Rocky Ripple Ranks #15 in Indianapolis, IN

Homes for sale
61

Homes

Rental prices
$1,906

Rental Prices

Median Home Price
$465K

Median Home Price

Butler-Tarkington/Rocky Ripple, Indianapolis, IN neighborhood guide

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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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