5367 Graceland AVE Indianapolis, IN 46208 Coming Soon

UPDATED: 09/11/2026 07:00 PM ON MARKET: 1 days on market

$399,900

2 Beds2 Baths2,412 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 2,412 sqft

Price per Sqft $165

Subdivision North Butler Terrace

MLS Listing ID 22123837

Bedrooms 2

Full Baths 1

Half Baths 1

HOA Y/N Yes

Year Built 1949

Tax Year 2025

Lot Size 5,662 Sqft

Acres 0.13

Property Sub-Type Single Family Residence

Property Description

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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