$500,000

beds

baths

3,306

square ft

5012 Graceland Avenue

Indianapolis, Indiana 46208

Closed / MLS #22056440 / Single Family / Butler-Tarkington

Listing information updated 10/10/2025 at 4:06pm

Fall in LOVE with this adorable Cape Cod home in the heart of Butler-Tarkington, located on a quiet street with neighborhood charm, just steps away from Butler University. Featuring 4 bedrooms, 2 full baths, a 2-car detached garage, and a partially finished basement, which includes extra basement space for storage, hobbies, or future finishing! Upon entry you'll notice hardwood flooring throughout, great room with recessed LED lighting, built-in shelving, and a wood-burning fireplace. You'll love cooking and entertaining in your renovated kitchen offering granite counters, tile backsplash, ample storage, soft-close drawers, a floor-to-ceiling pantry, gas range cooking, and SS appliances. Enjoy relaxing and entertaining in your landscaped backyard with a stamped concrete patio and desirable mature trees offering generous shade on sunny days.Recent updates include: water heater (2022), HVAC (2023), kitchen fridge (2023), and basement carpeting (2022). The 4th bedroom provides a perfect flex space to utilize as a home office, workout space, or creative studio. You're minutes from local restaurants, coffee shops, retail, parks, and so much more. Come see how easily this home could become the backdrop to your best memories; schedule your private showing today!

Full Features

Architecture Style:

Cape Cod

Exterior Type:

Brick,Wood Siding

Basement:

Full,Partially Finished

Beds Above Grade:

Cooling System:

Central Air

Heating System:

Forced Air, Natural Gas

Appliances:

Dishwasher, Disposal, Gas Water Heater, Gas Oven, Refrigerator

Main Level Primary Bedroom:

Yes

Fireplace:

Yes

Pool:

Age:

74 Years

Parking Spaces:

Garage:

Garage - 2 Car(s)

Room Count:

Square Feet:

3,306

Lot Size:

0.16 Acres

Acreage:

0.16

Internal Features:

Attic Access, Built-in Features, Hardwood Floors, Wood Work Painted, Paddle Fan, Entrance Foyer, Hi-Speed Internet Availbl

External Features:

Patio/Porch

Room Information

Dining Room:

14x8 - Main

Kitchen:

14x9 - Main

Primary Bedroom:

17x15 - Upper

2nd Bedroom:

17x14 - Upper

3rd Bedroom:

12x10 - Main

4th Bedroom:

12x10 - Main

Great Room:

17x12 - Main

Play Room:

27x20 - Basement

Laundry:

14x13 - Basement

Taxes & Assessments

Tax Amount:

N/A

Tax Year:

2024

Location

Zip Code:

46208

City:

Indianapolis

County:

Marion

Schools

School District(s):

Indianapolis Public Schools

Elementary School:

Center For Inquiry School 84

Middle School:

N/A

High School:

N/A

Architecture Style:

Cape Cod

Exterior Type:

Brick,Wood Siding

Basement:

Full,Partially Finished

Beds Above Grade:

Cooling System:

Central Air

Heating System:

Forced Air, Natural Gas

Appliances:

Dishwasher, Disposal, Gas Water Heater, Gas Oven, Refrigerator

Main Level Primary Bedroom:

Yes

Fireplace:

Yes

Pool:

Age:

74 Years

Parking Spaces:

Garage:

Garage - 2 Car(s)

Room Count:

Square Feet:

3,306

Lot Size:

0.16 Acres

Acreage:

0.16

Internal Features:

Attic Access, Built-in Features, Hardwood Floors, Wood Work Painted, Paddle Fan, Entrance Foyer, Hi-Speed Internet Availbl

External Features:

Patio/Porch

Dining Room:

14x8 - Main

Kitchen:

14x9 - Main

Primary Bedroom:

17x15 - Upper

2nd Bedroom:

17x14 - Upper

3rd Bedroom:

12x10 - Main

4th Bedroom:

12x10 - Main

Great Room:

17x12 - Main

Play Room:

27x20 - Basement

Laundry:

14x13 - Basement

Tax Amount:

N/A

Tax Year:

2024

Zip Code:

46208

City:

Indianapolis

County:

Marion

School District(s):

Indianapolis Public Schools

Elementary School:

Center For Inquiry School 84

Middle School:

N/A

High School:

N/A

Listing Office: Compass Indiana, LLC

Listing Office Phone: 317.563.5051

Disclaimer: The data relating to real estate for sale on this website comes courtesy of MIBOR REALTOR® Association as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 10/10/2025 at 4:06pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.