$195,000

beds

bath

half bath

1,549

square ft

3649 Graceland Avenue

Indianapolis, Indiana 46208

New / MLS #22105119 / Single Family / Crown Hill - Indianapolis

Listing information updated 5/30/2026 at 5:26pm

This charming 1.5-story home blends historic character with modern updates and strong investment appeal. Featuring newer HVAC, electrical, plumbing, roof, windows, and siding, the major systems have already been taken care of, offering peace of mind for years to come. The kitchen showcases updated cabinetry, countertops, and appliances with ample storage space, while the main level includes a versatile office/den or TV room, a convenient half bath, and a separate laundry room, all finished with durable waterproof laminate flooring. Upstairs, you'll find two spacious bedrooms and an impressive amount of additional closet space not included in the listed square footage, adding even more functionality to the home. Outside, enjoy relaxing on the expansive covered front and back porches, along with the convenience of off-alley parking for two vehicles. The property also features a fully fenced-in backyard with a privacy fence, providing a great outdoor space for tenants or future occupants. Currently rented at $1,500/month through January 2027, this is a turnkey, income-producing asset from day one. With minimal maintenance needs and all major updates already completed, this property offers an easy, effortless buy-and-hold opportunity with essentially zero deferred maintenance. Affordable, stylish, and fully stabilized-this one is truly a set-it-and-forget-it investment that won't last long.

Full Features

Architecture Style:

Traditional

Exterior Type:

Vinyl Siding

Basement:

Unfinished

Beds Above Grade:

Cooling System:

Central Air

Heating System:

Natural Gas

Appliances:

Gas Cooktop, Dishwasher, Dryer, Disposal, Gas Water Heater, Microwave, Gas Oven, Refrigerator, Washer, Water Heater

Main Level Primary Bedroom:

Pool:

Age:

116 Years

Room Count:

Water Front:

Square Feet:

1,549

Lot Size:

0.1 Acres

Acreage:

0.1

Internal Features:

Eat-in Kitchen, Pantry, Walk-In Closet(s)

Room Information

Living Room:

15x12 - Main

Dining Room:

12x12 - Main

Kitchen:

15x12 - Main

Primary Bedroom:

14x12 - Upper

2nd Bedroom:

12x12 - Upper

Laundry:

n/a - Main

Taxes & Assessments

Tax Amount:

N/A

Tax Year:

2024

Location

Zip Code:

46208

City:

Indianapolis

County:

Marion

Schools

School District(s):

Indianapolis Public Schools

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Architecture Style:

Traditional

Exterior Type:

Vinyl Siding

Basement:

Unfinished

Beds Above Grade:

Cooling System:

Central Air

Heating System:

Natural Gas

Appliances:

Gas Cooktop, Dishwasher, Dryer, Disposal, Gas Water Heater, Microwave, Gas Oven, Refrigerator, Washer, Water Heater

Main Level Primary Bedroom:

Pool:

Age:

116 Years

Room Count:

Water Front:

Square Feet:

1,549

Lot Size:

0.1 Acres

Acreage:

0.1

Internal Features:

Eat-in Kitchen, Pantry, Walk-In Closet(s)

Living Room:

15x12 - Main

Dining Room:

12x12 - Main

Kitchen:

15x12 - Main

Primary Bedroom:

14x12 - Upper

2nd Bedroom:

12x12 - Upper

Laundry:

n/a - Main

Tax Amount:

N/A

Tax Year:

2024

Zip Code:

46208

City:

Indianapolis

County:

Marion

School District(s):

Indianapolis Public Schools

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Listing Office: eXp Realty LLC

Listing Office Phone: 317.524.0241

Disclaimer: The data relating to real estate for sale on this website comes courtesy of MIBOR REALTOR® Association as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 5/30/2026 at 5:26pm. 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.