5047 Graceland Avenue, Indianapolis, IN 46208

• 4 beds |
• 2 baths |
• 2,514 sqft

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.

Listing Status:

Active

Data Last Updated:

August 24, 2026 at 2:17AM

Listing Office:

Encore Sotheby's International : 317-590-3454

Listing Agent:

Michael Johnson : 317-590-3454

MLS ID:

22116275

Interior

• General: Hardwood Floors
• Appliances: DishwasherDisposalMicrowaveElectric OvenRefrigerator
• Laundry: In Basement
• Basement: Unfinished
• A/C: Central Air
• Heating: Forced Air
• Fireplace: Living RoomFireplaces: 1

Exterior

• Style: Traditional
• Other Structures: Screened
• Parking: Detached

Construction

• General: TwoBlock

Location

• Originating MLS: mibor
• School District: Indianapolis Public Schools
• County: Marion

Lot

• Zoning: Wheelers Illinois Heights L48 & 7.5' E & Adj490611124039000801
• Fencing: Partial

Utilities

• Utilities: Cable AvailableElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
• Water: Public

Financial

• Source: mibor