3844 Graceland Ave, Indianapolis, IN, 46208
About This Home
Spacious and inviting 5-bedroom, 2-bath home in Indianapolis featuring a bright, open floor plan perfect for both everyday living and entertaining. Enjoy relaxing on the covered front porch or gathering in the expansive living, dining, and kitchen areas finished with durable luxury vinyl plank flooring. The kitchen comes fully equipped with appliances, offering convenience and functionality from day one. Both full bathrooms have been recently updated with modern touches. Bedrooms are comfortably appointed with plush carpeting, and ceiling fans throughout the home add year-round comfort. With generous space and thoughtful updates, this home is ready to welcome its next residents.
Getting Around
Very Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1930
Materials
- Foundation: Block
- Construction materials: Vinyl With Brick,Brick
Type & Style
- Home type: SingleFamily
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: Gas Water Heater,Microwave,Electric Oven,Refrigerator
Basement
- Has basement: Yes
- Basement: Unfinished
Bedroom2
- Level: Upper
- Area: 108
- Dimensions: 12x9
Bedroom3
- Level: Upper
- Area: 90
- Dimensions: 10x9
Bedroom4
- Level: Main
- Area: 130
- Dimensions: 13x10
Bedroom5
- Level: Main
- Area: 130
- Dimensions: 13x10
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 2
Dining Room
- Level: Main
- Area: 182
- Dimensions: 14x13
Features
- Walk-In Closet(s)
- Number of fireplaces: 1
- Fireplace features: Living Room,Masonry,Non Functional
- Fireplace: Yes
- Finished area below ground: 0
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 3,398
- Total interior livable area: 3,398 sqft
Kitchen
- Level: Main
- Area: 150
- Dimensions: 15x10
Living Room
- Level: Main
- Area: 351
- Dimensions: 27x13
Master Bedroom
- Level: Upper
- Area: 144
- Dimensions: 16x9
Property
Details
- Parcel number: 490614109026000801
- Horse amenities: None
Features
- Levels: Two,One and One Half
- Stories: 1
- Patio & porch: Deck,Porch
Lot
- Lot size: 5,227 sqft
- Features: Sidewalks
Parking
- Parking features: None
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Heat Wave
- Strong Wind
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,390 | $16,680 |
| Home Insurance * | $210 | $2,520 |
| Property Taxes | $482 | $5,784 |
| Electricity | $311 | $3,737 |
| Total | $2,393 | $28,716 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
Wildfire
HailWindHow Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-28 | Listed for sale | $295,000 |
| 2026-03-30 | Listing removed | $2,100 |
| 2026-01-30 | Listed for rent | $2,100 |
| 2026-01-30 | Listing removed | $2,100 |
| 2025-10-22 | Listed for rent | $2,100 |
| 2021-11-14 | Listing removed | -- |
| 2021-11-02 | Listed for rent | $1,750 |
| 2021-05-14 | Sold | $160,385 |
| 2021-05-14 | Listed for sale | $160,385 |
| 2021-03-30 | Listing removed | -- |
| 2021-03-26 | Listed for sale | $168,200 |
| 2021-02-19 | Pending sale | $168,200 |
| 2021-02-18 | Listed for sale | $168,200 |
| 2021-01-13 | Pending sale | $168,200 |
| 2021-01-11 | Price change | $168,200 |
| 2020-11-17 | Listed for sale | $185,000 |
| 2019-06-18 | Sold | $115,000 |
| 2014-01-09 | Listing removed | $800 |
| 2013-12-21 | Listed for rent | $800 |
| 2011-10-19 | Listing removed | $750 |
| 2011-09-12 | Price change | $750 |
| 2011-08-12 | Listed for rent | $800 |
| 2010-09-30 | Sold | $28,000 |
| 2010-03-18 | Sold | $22,500 |
View on Zillow