5101 Graceland Avenue, Indianapolis, IN 46208

$630,000
3
BD
3
BA
3,313
SqFt

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Sold Price
$630,000
List Price
$614,900
Closing Date
May 08, 2026
MLS#
22091886
Property Type
Residential
Bedrooms
3
Bathrooms
3
Sqft. of Residence
3,313
Year Built
1940
Days on Market
31
Status
SOLD

Property Description

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.

Additional Information

Basement
Daylight, Finished, Interior Entry
Foundation
Block
Number of Fireplaces
1
Fireplace Description
Living Room
Stories
Two
Architecture
Cape Cod
Interior
Attic Access, Built-in Features, Ceiling Vaulted, Paddle Fan, Walk-In Closet(s), Wet Bar, Wood Work Stained
Exterior Amenities
Gutter Guards, Lighting, Fire Pit
Acres
0.17
Heat
Forced Air, Natural Gas
Cooling
Central Air
Financing
Conventional, FHA, VA
Appliances
Gas Cooktop, Dishwasher, Dryer, Disposal, Gas Water Heater, Oven, Double Oven, Refrigerator, Bar Fridge, Washer, Water Heater, Water Purifier, Water Softener Owned
Semi-Annual Taxes
$2,197
Garage
Yes
Region
Washington
Areas
Living Room Formal, Utility Room
Eating Areas
Dining Combo/Kitchen

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of F.C. Tucker Company. Selling Office: Good Living Indy, LLC.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative