Skip to content

3649 Graceland Avenue

Indianapolis, IN 46208

ActiveListed May 28, 2026 · 34 days on market

Key facts

Beds
2
Baths
1 full · 1 half
Living area
1,165 sqft
Lot
0.1 acres
Year built
1910
Type
Residential · Single Family Residence
Stories
One and one half
MLS #
22105119
County
Marion
Subdivision
T C Harrison & Cos
Total building area
1,549 sqft

About this home

This charming 1.5-story home offers a strong investment opportunity with historic character, major system updates, and a solid foundation for a renovation. The property previously benefited from significant improvements including newer HVAC, electrical, plumbing, roof, windows, and siding-key capital items that remain in great shape and provide a strong starting point for the next owner. The interior will require renovation following tenant damage, creating an opportunity for an investor to update the home to their own specifications while already having many of the major systems addressed. The existing layout features a kitchen, versatile main-level office/den or TV room, half bath, separate laundry room, and waterproof laminate flooring. Upstairs are two spacious bedrooms along with a substantial amount of additional closet space that is not included in the listed square footage. Outside, the property features expansive covered front and back porches, off-alley parking for two vehicles, and a partially fenced in backyard. The exterior and major mechanical components provide a strong foundation for the renovation, allowing the next owner to focus primarily on restoring and improving the interior.

Description provided by the listing brokerage.

Interior

Appliances
Gas CooktopDishwasherDryerDisposalGas Water HeaterMicrowaveGas OvenRefrigeratorWasherWater Heater
Interior features
Eat-in KitchenPantryWalk-In Closet(s)
Basement
Unfinished
Laundry
Laundry Room
Windows
Vinyl Windows
Security
Smoke Detector(s)
Rooms
6
Condition
Fixer

Exterior

Construction
Vinyl Siding
Foundation
Block
Style
Traditional
Parking and garage
Alley AccessConcrete
Fencing
Partial

Systems

Heating
Gas
Cooling
Central Air
Water
Public
Utilities
Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$1,824 / yearTwice the semi-annual installment the listing reports.
Tax year
2024

Estimate your monthly payment

$1,015per month, estimated
Principal and interest $807Property tax $152Insurance $56
20% · $32,000
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

Talk to a lender we trust
Talk to Roots

Want us to run the numbers with you?

Book a consultation and a Roots agent will help you pressure-test the payment, repairs, resale, and rent.

Listed at$160,000
Talk to Roots

Ready to plant roots in Indianapolis?

Book a consultation and a Roots agent will help you turn the next move into a real plan.