3445 Graceland Avenue
Indianapolis, IN 46208
Map
- 2 beds
- 1 bath
- 780 sqft
- 5,401 sqft lot
- $141 per sqft
- 1910 build
This home in Crown Hill is a great value-add opportunity-whether you're a first-time homebuyer ready to build sweat equity or an investor expanding your rental portfolio. Currently occupied by an at-will tenant paying $800/month, it offers immediate income with upside potential through upgrades and rent growth. Ideally located with quick access to Downtown Indy, Newfields, Butler University, and major transit routes, this property sits in a high-demand area with strong rental potential. With solid bones and neighborhood momentum, it's a prime candidate for strategic renovation or long-term hold.
Last checked:
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Last updated Jul 12, 2025
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MLS# 22049539 —
The Building
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Year Built:1910
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New Construction:false
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Construction Materials:Aluminum Siding
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Architectural Style:Bungalow
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Foundation Details:Brick/Mortar
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Levels:One
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Basement:true
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Basement:Unfinished
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Accessibility Features:No
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Building Area Total:975
Interior
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Rooms:5
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Rooms Total:5
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Rooms Total:5
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Interior Features:Walk-In Closet(s)
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Other Equipment:Smoke Alarm
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Eating Area:Dining Combo/Kitchen
Room Dimensions
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SqFt:780
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Main Level SqFt:780
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Living Area:780
Location
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Directions:GPS Friendly
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Latitude:39.818643
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Longitude:-86.162497
The Property
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View:true
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Property Type:Residential
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Property Subtype:Single Family Residence
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Property Attached:false
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Parcel Number:490623150010000101
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Acres:<1/4 Acre
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Lot Size Acres:0.12
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Lot Size SqFt:5,401 Sqft
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Price Per Acre:916667
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Horse Amenities:None
Listing Agent
- Contact info:
- Agent phone:
- (317) 476-3338
- Office phone:
- (317) 489-3441
Taxes
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Tax Lot:490623150010000101
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Tax Year:2024
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Semi Annual Property Tax Amt:549
Beds
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Beds:2
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Bedrooms:2
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Bedrooms Total:2
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Main Level Bedrooms:2
Baths
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Baths:1
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Full Baths:1
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Full Baths:1
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Full Baths Main:1
Heating & Cooling
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Heating:Forced Air, Natural Gas
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Cooling:None
Utilities
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Water Source:Public
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Solid Waste:No
Appliances
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Appliances:Range Hood, Gas Water Heater
Schools
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High School District:Indianapolis Public Schools
The Community
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Subdivision Name:Mcclintocks
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Association:false
Parking
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Parking Features:None
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Garage:false
Monthly cost estimate
Asking price
$110,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$589
|
| Taxes | $91 |
| Insurance | $30 |
| Utilities | $126 See report |
| Total | $836/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
7/10/25
Jul 10, 2025
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Listed / Active | MIBOR | $110,000 | |
|
7/7/22
Jul 7, 2022
|
Price Changed | MIBOR | ||
|
7/7/22
Jul 7, 2022
|
Listed / Active | MIBOR |
