5367 Graceland Avenue Indianapolis, IN $ 399,900
5367 Graceland Avenue
$ 399,900
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5367 Graceland Avenue

Indianapolis, IN, 46208
$ 399,900
Bedrooms2 Baths1.1 Sq 2,412

Monthly Estimate*

$ 2,762

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Single Family Home for sale in Indianapolis, IN

for $399,900 with 2 bedrooms and 1 full bath, 1 half bath. This 2,412 square foot home was built in 1949 on a lot size of 0.13.

Welcome to this adorable ranch in highly desirable Butler-Tarkington, ideally situated a few blocks from local dining & retail at 56th/Illinois & only 2 blocks from the Canal Towpath! Graceland Avenue is lined w/ charming homes, mature trees & sidewalks - creating the perfect neighborhood setting. This well maintained home offers inviting curb appeal, thoughtful updates & flexible living space. Recent improvements include a new sewer cleanout (2023), newer roof (2021) & upgraded HVAC (2015). The oversized concrete driveway provides abundant off-street parking for residents & guests, while charming landscaping leads to a welcoming front entrance. Inside, an oversized entry sets the tone w/ new LVP flooring, built-in cabinetry & an abundance of natural light. A set of charming French doors w/ glass knobs opens to a rare main-level office/den overlooking the front yard. A decorative fireplace & built-ins add character to this space. The updated kitchen features SS appliances, granite counters & a classic subway tile backsplash, w/ views into the backyard & easy connection to the adjacent dining/living spaces. At the rear of the home, the generous living room is surrounded by 3 walls of windows, creating a bright & welcoming gathering space. A 2nd fireplace adds warmth, while sliding doors open directly to the back deck & patio for easy indoor-outdoor living. 2 comfortable main-level bedrooms feature original hardwoods & convenient access to separate bathrooms. The main-level half bath could easily be converted to a full bath by incorporating the adjacent closet space. Downstairs, the large BSMT provides exceptional flexibility w/ plenty of room for storage & future expansion. A finished bonus room currently serves as a family room & guest space, while the remaining areas could be transformed into a fitness room, bedroom, hobby space, or whatever best suits your needs. Outside, the fully fenced backyard is just the right size for relaxing, entertaining, pets & play.

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Single Family Pending

Price

$ 399,900

Bedrooms

2

Full Bath

1

Half Bath

1

Property Type

Single Family

Taxes

$ 4,832

Style

Ranch,Traditional

Lot Size

0.13

Year Built

1949

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22123837

Features
Interior
Interior Amenities Attic Access Built-in Features Entrance Foyer Hi-Speed Internet Availbl Smart Thermostat Walk-In Closet(s) Wood Work Painted
Basement Daylight
Total Fireplaces 2
Fireplace Features Library Gas Log Living Room Non Functional Wood Burning
Basement (Y/N) Y
Half Baths 1
Laundry Features In Basement
Total Bedrooms 2
Below Grade Finished Area 243
Main Level Bedrooms 2
Total Baths 2
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General
Heating Forced Air Natural Gas
Cooling Central Air
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Possession Negotiable
Appliances Dishwasher Dryer Disposal Gas Water Heater MicroHood Gas Oven Refrigerator Washer
HOA Fee 0
Patio/Porch Features Deck Patio
Architectural Style Ranch Traditional
Security Features Smoke Detector(s)
Construction Materials Vinyl With Stone
Year Built 1949
View Neighborhood
Township Washington
Levels One
Property Subtype Single Family Residence
Tax Year 2025
County Marion
New Construction N
Property Type Residential
HOA Y
Subdivision Name North Butler Terrace
Facing Direction West
Garage Y/N N
Total Rooms 11
Full Baths 1
Status Pending
Directions From Meridian St west on 52nd St 4 blocks to Graceland Ave. North on Graceland to home on the east side of the street. Just 4 blocks from local dining & retail at 56th & Illinois! 2 blocks from Canal
City Indianapolis
High School District Indianapolis Public Schools
MLS Area 4903 - Marion - Washington
Lot Size Square Feet 5532
Property Attached Y/N N
Current Financing Conventional FHA VA
Property Condition Updated/Remodeled
Additional Parcels Y/N N
Standard Status Pending
Tax Lot 192
Legal Description North Butler Terrace 40Ft S Side L192
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Exterior
Exterior Amenities Storage Shed
Fencing Full Gate
Parking Features None Concrete
Lot Features Curbs Storm Sewer Street Lights Mature Trees Trees-Small (Under 20 Ft)
Water Source Public
Foundation Details Block
Spa N
Building Area Total 2412
Lot Size Acres 0.13
Waterfront Y/N N
Other Equipment Smoke Alarm
Horse Amenities None
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* Excluded Features
List By
Maywright Property Co.

Broker

chanda@maywright.com

Email

Affordability Calculator

$3,165
Per Month
87%
13%
0%
Monthly Principal & Interest
$2,762
Monthly Property Taxes
$403
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4044905 Elementary School
4044909 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/10/2026$399,900 Listed Price

Map


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5367 Graceland Avenue, Indianapolis, IN, 46208 is a Single Family Home for sale at $399,900 with 2,412 sqft and a lot size of 0.13. 5367 Graceland Avenue has 2 bedrooms, 1.1 baths, and was built in 1949. The property's zip code is 46208 which is in Indianapolis, IN