5047 Graceland Avenue, Indianapolis, IN 46208

Local realty services provided by:CENTURY 21 Scheetz
5047 Graceland Avenue,Indianapolis, IN 46208
$474,900
  • 4 Beds
  • 2 Baths
  • 2,514 sq. ft.
  • Single family
  • Active
Listed by: michael johnson
Office: encore sotheby's international
MLS#:22116275
Source:IN_MIBOR

Price summary

  • Price:$474,900
  • Price per sq. ft.:$125.93

About this home

CENTURY 21 Fine Homes & Estates
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...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an independent agent affiliated with the CENTURY 21®  brand to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an independent agent affiliated with the CENTURY 21®  brand is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ).
 I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1950
  • Listing ID #:22116275
  • Added:1 day(s) ago
  • Updated:July 28, 2026 at 10:37 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:Hardwood Floors
  • Dining Description:Formal Dining Room
  • Kitchen Description:Dishwasher, Disposal, Electric Oven, Microwave, Refrigerator
  • Basement:Yes
  • Basement Description:Basement, Unfinished
  • Living area:2,514 sq. ft.

Heating and cooling

  • Cooling:Central Electric
  • Heating:Forced Air
  • Central air:Yes

Structure and exterior

  • Year built:1950
  • Building area:2,514 sq. ft.
  • Lot area:0.16 Acres
  • Lot Features:Mature Trees, Not In Subdivision, Storm Sewer
  • Construction Materials:Brick
  • Foundation Description:Block

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$474,900
  • Price per sq. ft.:$125.93

Features and amenities

  • Appliances:Microwave, Refrigerator
  • Amenities:Generator

Parking

  • Garage:Yes
  • Garage spaces:2
Copyright 2026 Metropolitan Indianapolis Board of Realtors. All rights reserved. Listings courtesy of Metropolitan Indianapolis Board of Realtors as distributed by MLS GRID. Metropolitan Indianapolis Board of Realtors provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. Metropolitan Indianapolis Board of Realtors will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of Metropolitan Indianapolis Board of Realtors.