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$639,900

Listing Price

3beds

3baths

1,774sqft

7,579sqft lot

5101 Graceland Ave, Indianapolis, IN 46208

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Single Family

Home type

353.34

Price / sqft

1940

Year built

Home Details

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 chefs 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, its 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 - its a rare blend of history, style, and substance.

Interior Details

Square Feet
  • 1774

Bedrooms
  • 3

Bathrooms
  • 3

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Central

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    Full

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 7579

Water
  • Yes

Sewer
  • Yes

Parking
  • Type:

    Garage, Detached

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    2

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 1

Style
  • N/A

Exterior
  • N/A

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • Asphalt

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2019

$3,691

$32,300

$264,900

--%

$297,200

2019

$3,691

$32,300

$267,000

--%

$299,300

2018

$3,476

$32,300

$247,200

--%

$279,500

2017

$3,039

$32,300

$242,900

--%

$275,200

2016

$2,998

$32,300

$245,600

--%

$277,900

2013

$2,816

$32,300

$238,500

--%

$270,800

2013

$2,816

$32,300

$238,500

--%

$270,800

2011

$2,520

$27,600

$215,000

--%

$242,600

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Average Home Price in 46208

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$599,900

3 Beds

1 Baths

2,029 Sqft

7,013 Lot (sqft)

Sold 10/06/2026

$350,000

3 Beds

1 Baths

1,920 Sqft

6,011 Lot (sqft)

Sold 09/29/2026

$775,000

3 Beds

1.5 Baths

1,930 Sqft

9,322 Lot (sqft)

Sold 09/29/2026

$582,088

3 Beds

1 Baths

1,904 Sqft

7,405 Lot (sqft)

Sold 10/06/2026

$496,202

3 Beds

2 Baths

2,008 Sqft

11,326 Lot (sqft)

Sold 10/06/2026

$469,000

3 Beds

2 Baths

1,926 Sqft

7,013 Lot (sqft)

Sold 09/29/2026

$276,117

3 Beds

-- Baths

1,608 Sqft

6,011 Lot (sqft)

Sold 10/06/2026

$497,474

3 Beds

1.5 Baths

1,936 Sqft

5,968 Lot (sqft)

Sold 10/05/2026

$523,539

3 Beds

1.5 Baths

1,750 Sqft

10,977 Lot (sqft)

Sold 10/06/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
639,900
$
Down payment
127,980
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
3,839.4
$
HOA (Monthly)
0
$
PMI
0
$
$4,142
Your Payment
Total Monthly Payment:$4,142
Percent of Income:71%
Affordable:No

Details for 5101 GRACELAND AVE

Property Debt

Foreclosure Contact Details