5101 Graceland AVE Indianapolis, IN 46208 Pending

UPDATED: 04/10/2026 09:00 PM ON MARKET: 17 days on market

$614,900

3 Beds3 Baths3,313 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Pending

Purchase Type For Sale

Square Footage 3,313 sqft

Price per Sqft $185

Subdivision Cedar Crest

MLS Listing ID 22091886

Bedrooms 3

Full Baths 3

HOA Y/N No

Year Built 1940

Tax Year 2024

Lot Size 7,405 Sqft

Acres 0.17

Property Sub-Type Single Family Residence

Location

State IN

County Marion

Rooms

Basement Daylight,Finished,Interior Entry

Main Level Bedrooms 2

Kitchen Kitchen Updated

Interior

Interior Features Attic Access,Built-in Features,Ceiling Vaulted,Paddle Fan,Walk-In Closet(s),Wet Bar,Wood Work Stained

Heating Forced Air,Natural Gas

Cooling Central Air

Fireplaces Number 1

Fireplaces Type Living Room

Fireplace Y

Appliance Gas Cooktop,Dishwasher,Dryer,Disposal,Gas Water Heater,Oven,Double Oven,Refrigerator,Bar Fridge,Washer,Water Heater,Water Purifier,Water Softener Owned

Exterior

Exterior Feature Gutter Guards,Lighting,Fire Pit

Garage Spaces 2.0

Utilities Available Cable Connected,Natural Gas Connected

Building

Story Two

Foundation Block

Water Public

Architectural Style Cape Cod

Structure Type Brick

New Construction false

Schools

School District Indianapolis Public Schools

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.

Digital Millennium Copyright Act – DMCA Notice Based on information submitted to the MLS GRID as of 04/24/2026. 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.