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3 Beds
3 Baths
2,200 sqft

$224,990

4108 Graceland Avenue, Indianapolis IN, 46208

Price per sqft$102.27
Built in1926
Property size2,200 sqft
Property typeResidential
Courtesy of CENTURY 21 Scheetz, Kim Lewis Listing Contact:

Overview

Active

Listed Oct 1, 2026

Updated 1h ago

Investment Opportunity with 1920s Character! This 3-bedroom, 2.5-bath home offers a great opportunity for investors, renovators, or buyers looking to bring new life to a home filled with vintage charm. Step inside to a welcoming front mudroom, then into a traditional layout where the living room, sitting room, and dining room are thoughtfully separated by beautiful arched doorways - a classic architectural detail that gives the home its distinct 1920s character. Two bedrooms are conveniently located on the main level, while the spacious upstairs bedroom offers additional flexible space that could easily function as a home office, sitting area, or creative space. The basement provides even more potential, featuring a built-in bar and ample room that could be finished to create additional living, recreation, or entertaining space. Outside, enjoy a fully fenced backyard with a concrete patio, detached one-car garage, carport, and storage shed. With a desirable combination of character, flexible living space, and opportunities for improvement, this property offers plenty of potential for an investor looking to renovate and rent, flip, or create a personalized home in Indianapolis. Home is being sold AS-IS.

$1,497/mo

Est. mortgage payment based on a $224,990 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
22128493

Interior Features

Bedrooms
3
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.12 Acres

Other Property Details

Garage
Yes

Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Debra Wilson shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS.

Based on information submitted to the MLS GRID as of 10:23 PM UTC on 10/1/2026. 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.

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