This unique quadruplex in Butler Tarkington offers character, functionality, and investment opportunity all in one. The main house is full of timeless charm, featuring two stunning wood staircases, original built in shelving, and spacious living areas. With 4 large bedrooms and 4 full bathrooms, there's plenty of room to spread out. The updated kitchen shines with brand new cabinets and countertops. Access the 4th bedroom in the basement from inside the home or through the private side entrance. Enjoy a large covered front porch and a fully fenced yard, perfect for entertaining or letting pets play safely.Connected to the main home is a solid brick building housing three beautifully updated 1-bedroom, 1-bath apartments, featuring granite countertops and tiled showers and already leased!Whether you're looking for multi-generational living, house hacking, or a turn-key rental opportunity this property is one you don't want to miss!
Sold
$600,000
4155 Graceland Ave, Indianapolis, IN 46208
7beds
7baths
--sqft
Multi Family, Quadruplex
Built in 1915
-- sqft lot
$606,000 Zestimate®
$--/sqft
$1,520 Estimated rent
Home value
$606,000
$564,000 - $654,000
$1,520/mo
Zestimate® history
Owner options
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$1,520/mo
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$1,520/mo
Rent Zestimate®
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$3,743/mo
Est. payment
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$3,743/mo
Est. payment
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List your homeWhat's special
Fully fenced yardLarge covered front porchStunning wood staircasesGranite countertopsUpdated kitchenTiled showers
Zillow last checked:
Listing updated:
Listed by:
Alexandria Heygood 317-964-3643,
Highgarden Real Estate
Bought with:
Morgan Thompson
Berkley & State, LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22046971
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 7
Property
Lot
- Size: 4,356 Square Feet
Details
- Parcel number: 490614115006000801
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Quadruplex
Condition
- New construction: No
- Year built: 1915
Community & HOA
Community
- Subdivision: Lattas North Capitol Ave
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $171,400
- Annual tax amount: $3,300
- Date on market: 6/25/2025
- Cumulative days on market: 78 days
Price history
| Date | Event | Price |
|---|---|---|
| 12/5/2025 | Sold | $600,000-7.7% |
Source:  MIBOR as distributed by MLS GRID #22046971 Report a problem | ||
| 10/13/2025 | Listing removed | $2,450 |
Source: Zillow Rentals Report a problem | ||
| 10/11/2025 | Pending sale | $649,999 |
Source: MIBOR as distributed by MLS GRID #22046971 Report a problem | ||
| 10/9/2025 | Listed for rent | $2,450+36.1% |
Source: Zillow Rentals Report a problem | ||
| 8/22/2025 | Listed for sale | $649,999 |
Source: MIBOR as distributed by MLS GRID #22046971 Report a problem | ||
| 7/25/2025 | Pending sale | $649,999 |
Source: MIBOR as distributed by MLS GRID #22046971 Report a problem | ||
| 6/25/2025 | Listed for sale | $649,999+225% |
Source: MIBOR as distributed by MLS GRID #22046971 Report a problem | ||
| 1/5/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 12/9/2020 | Listed for rent | $1,800 |
Source: Owner Report a problem | ||
| 8/30/2019 | Listing removed | $1,800 |
Source: Owner Report a problem | ||
| 8/22/2019 | Listed for rent | $1,800 |
Source: Owner Report a problem | ||
| 8/20/2019 | Sold | $200,000+463.4% |
Source: Public Record Report a problem | ||
| 7/14/2014 | Sold | $35,500 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,314 +0.2% | $171,400 +29.7% |
| 2024 | $3,308 +0.2% | $132,200 |
| 2023 | $3,302 +8.3% | $132,200 |
| 2022 | $3,050 -0.1% | $132,200 +9.5% |
| 2021 | $3,055 +52.7% | $120,700 |
| 2020 | $2,000 -3% | $120,700 -1.5% |
| 2019 | $2,063 -55.5% | $122,600 |
| 2018 | $4,636 -20.1% | $122,600 +1.5% |
| 2017 | $5,804 +102.5% | $120,800 +5.7% |
| 2016 | $2,866 +66.8% | $114,300 +0.1% |
| 2014 | $1,718 -10.6% | $114,200 +1.9% |
| 2012 | $1,921 | $112,100 |
Find assessor info on the county website
Neighborhood: Butler-Tarkington
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Nearby schools
GreatSchools rating
- 3/10James Whitcomb Riley School 43Grades: PK-5Distance: 0.2 mi
- 4/10Cold Spring SchoolGrades: K-8Distance: 2.2 mi
- 2/10Shortridge High SchoolGrades: 9-12Distance: 1 mi
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Estimated market value
$606,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$606,000
- Indiana
- Marion County
- Indianapolis
- 46208
- Butler-Tarkington
- 4155 Graceland Ave
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