5101 Graceland AVE Indianapolis, IN 46208 Active

UPDATED: 08/20/2025 03:11 PM ON MARKET: 47 days on market

Listed by Kolby Smethers • F.C. Tucker Company

$639,900

3 Beds3 Baths3,313 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,313 sqft

Price per Sqft $193

Subdivision Cedar Crest

MLS Listing ID 22051094

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

Property Description

Dripping in character and loaded with updates, this 1940 Cape Cod is a rare find. With over 3,000 square feet of finished space, this 3 bed, 3 full bath home perfectly balances preserved charm and thoughtful renovation. Original hardwoods, vintage hardware, and original copper mail slot set the tone - while major upgrades like new plumbing, electrical, rebuilt windows, and an RO water system bring peace of mind. The chef's kitchen stuns with a Sub-Zero fridge, stainless KitchenAid appliances, and sleek finishes. Cozy up by the wood-burning fireplace framed by built-ins, or head downstairs to your finished basement with wet bar, surround-sound theater area, and space to host just about anything. Out back, it's a full-on retreat: lush landscaping, landscape lighting, a fire pit, screened-in porch, and hot tub. The garage is heated, EV-ready, and ready for any Indiana winter. Tucked on a quiet, tree-lined street just steps from Butler University and legendary Hinkle Fieldhouse, this is more than a home - it's a rare blend of history, style, and substance.