4108 Graceland Avenue

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.