For Sale
New
Price CutPrice Drop: $5.09K (10/01)
Single family home for sale at 4108 Graceland Ave, Indianapolis, IN 46208 | MLS# 22128493 | Listing updated on 2026-10-07
Photo 1 of Single family home for sale at 4108 Graceland Ave, Indianapolis, IN 46208 | MLS# 22128493 | Listing updated on 2026-10-07
Photo 2 of Single family home for sale at 4108 Graceland Ave, Indianapolis, IN 46208 | MLS# 22128493 | Listing updated on 2026-10-07
Photo 3 of Single family home for sale at 4108 Graceland Ave, Indianapolis, IN 46208 | MLS# 22128493 | Listing updated on 2026-10-07
Photo 4 of Single family home for sale at 4108 Graceland Ave, Indianapolis, IN 46208 | MLS# 22128493 | Listing updated on 2026-10-07
63+
Beds Icon

Street View

$219,900

Monthly Est:$1,095

  • Beds Icon3 Beds
  • Beds Icon
    3 Baths
  • Beds Icon2,200sqft

4108 Graceland Ave, Indianapolis, IN 46208

$1,095/moEst:

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  • Single Family Residence

  • Built in 1926

  • $-- HOA

  • 5,184 sqft lot

  • $100/sq.ft

Description

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.

  • Houzeo last checked: 12 hours ago
  • Listing updated: October 7, 2026 at 3:45 pm
  • Listing Provided by: Kim Lewis | CENTURY 21 Scheetz (317) 873-1700
  • Source: Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN | MLS#: 22128493 Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN

Property Details

  • Status

    Active

  • Type

    Single Family Residence

  • No. of Stories

    -

  • County

    Marion County

  • City

    Indianapolis

  • Neighborhood

    Butler Tarkington Rocky Ripple

  • Year Built

    1926

  • HOA Fees

    -

  • Finished Area

    2,200 sqft

  • Lot Size

    5,184 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS

  • MLS Number

    22128493

  • MLS Status

    Active

  • Days on Market

    6

  • Cumulative Days on Market

    7

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 3

    Bathrooms: 3

  • Master Bedroom

    Level: Main

    Area: 140.00 Square Feet

    Dimensions: 14x10

  • Living Room

    Level: Main

    Area: 208.00 Square Feet

    Dimensions: 16x13

  • Kitchen

    Level: Main

    Area: 130.00 Square Feet

    Dimensions: 13x10

  • Dining Room

    Level: Main

    Area: 140.00 Square Feet

    Dimensions: 14x10

  • Bedroom 3

    Level: Upper

    Area: 100.00 Square Feet

    Dimensions: 10x10

  • Bedroom 2

    Level: Main

    Area: 121.00 Square Feet

    Dimensions: 11x11

  • Utility Room

    Level: Main

    Area: 91.00 Square Feet

    Dimensions: 13x7

  • Sitting Room

    Level: Main

    Area: 56.00 Square Feet

    Dimensions: 8x7

Interior

  • Appliances

    Disposal, Gas Water Heater, Microwave, Gas Oven, Refrigerator

  • Heating

    Forced Air, Gas

  • Cooling

    Central Air

  • Window Features

    Vinyl Windows

Construction

  • Year Built

    Year Built: 1926

  • Home type

    Single Family Residence

  • Architectural Style

    Bungalow, Traditional

  • Construction Materials

    Aluminum Siding, Brick, Wood Siding

  • Foundation Details

    Block

Utilities & Energy

  • Parking Features

    Detached

  • Water Source

    Public

  • Basement

    Finished Walls

Other Features

  • Subdivision Name

    Ketchams North Place

Price History

DateEventPrice

10/01/2026

Source: mls_logoMetropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN #MBR22128493

Listed for Sale

$219,900 -2.26%

$100/sqft

10/01/2026

Source: mls_logoMetropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN #MBR22128493

Price Increased

$224,990 +14050.31%

$102/sqft

05/06/2025

Source: mls_logoMetropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN #MBR22032230

Sold

$1,590 -0.62%

$1/sqft

04/11/2025

Source: mls_logoMetropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN #MBR22032230

Listed for Sale

$1,600 +26.48%

$1/sqft

02/15/2022

Source: mls_logoMetropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN #MBR21828697

Price Increased

$1,265 +1.20%

$1/sqft

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Butler-Tarkington/Rocky Ripple Ranks #15 in Indianapolis, IN

Homes for sale
56

Homes

Rental prices
$1,906

Rental Prices

Median Home Price
$465K

Median Home Price

Butler-Tarkington/Rocky Ripple, Indianapolis, IN neighborhood guide

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Based on information from MIBOR REALTOR® Association through Oct 07, 2026, 06:00AM. The Broker Listing Cooperative® listing service's Listing information is deemed reliable but is not guaranteed accurate by the Broker Listing Cooperative® listing service. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. 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.. All Rights Reserved. © 2026 MIBOR REALTOR® Association.

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