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$614,900 -

5101 Graceland Avenue Indianapolis IN 46208

3
Bedrooms
3
Baths
N/A
SQ. Feet
(Above Ground)
0.17
Acres

Timeless character meets modern confidence in this beautifully updated 1940 Cape Cod. With over 3,000 finished square feet, 3 bedrooms, and 3 full baths, this home delivers the perfect blend of original charm and smart, high-impact upgrades. From the moment you step inside, you'll notice the details that make this home special-original hardwood floors, vintage hardware, and a classic copper mail slot-all thoughtfully preserved. Behind the scenes, major improvements including updated plumbing, electrical, rebuilt windows, and an RO water system offer true peace of mind. The kitchen is designed to impress, featuring a Sub-Zero refrigerator, stainless KitchenAid appliances, and clean, modern finishes that elevate the space. The main living area invites you to unwind with a wood-burning fireplace, custom built-ins, and a warm, welcoming feel throughout. Downstairs, the finished basement expands your living space with a wet bar, surround sound theater setup, and plenty of room to host game nights, gatherings, or quiet evenings in. Step outside and discover your own private retreat-complete with mature landscaping, ambient lighting, a fire pit, screened-in porch, and hot tub. The heated, EV-ready garage adds everyday convenience year-round. Located on a quiet, tree-lined street just moments from Butler University and Hinkle Fieldhouse, this home offers a rare opportunity to own a piece of history without sacrificing modern comfort.

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Property Details

Price: $614,900 Previously: $614,900 Originally: $614,900 Bedrooms: 3 Bathrooms: 3.00 MLS #: 22091886 Year Built: 1940 Township: Washington Sq. Ft Total: 3,313 Type: Residential Zip Code: 46208 City: Indianapolis Subdivision: Cedar Crest County: Marion School District: Indianapolis Public Schools

Interior Features

Interior Features:
  • Appliances: Gas Cooktop, Dishwasher, Dryer, Disposal, Gas Water Heater, Oven, Double Oven, Refrigerator, Bar Fridge, Washer, Water Heater, Water Purifier, Water Softener Owned
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas

Exterior Features

Exterior Features:
  • Features: Gutter Guards, Lighting, Fire Pit
  • Setting / Lot Description: Mature Trees
  • Porch: Covered, Patio, Screened
  • # Acres: 0.17

Listing Office: F.c. Tucker Company

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All information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All Information believed to be reliable but not guaranteed and should be independently verified. © 2026 MIBOR Broker Listing Cooperative®. All rights reserved.

Listing information last updated on April 8th, 2026 at 4:58am EDT.

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