Skip main navigation
Active
    • Price cut: $15K (7/21)
    $435,000

    4248 Graceland Ave, Indianapolis, IN 46208

    6beds
    4baths
    --sqft
    : 
    $2,958/mo
    Get pre-qualified
    Multi Family, Duplex
    Built in 1920
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Fenced in yardsVinyl windowsGranite countertopsUpdated kitchensStainless steel appliancesWhite shaker cabinetsEat-in dining nooks
    Attention investors & house hackers! Check out 4248-4250 Graceland Ave in Butler Tarkington. Both sides feature 3-bedroom, 2-bath units with updated kitchens boasting granite countertops, white shaker cabinets, stainless steel appliances, and tile backsplashes. Both units have eat-in dining nooks and mud rooms off the back door. Hardwood floors throughout, fenced in yards, and off-street parking via alley access add to the appeal. Vinyl windows, updated electrical & plumbing and French drains in the full basements are excellent for storage. 4248 side is currently tenant-occupied through April 2027 and professionally managed, providing immediate income and excellent house-hacking potential - let the tenant help pay your mortgage. Located within walking distance to Butler University, this property is ideal for student housing or continued rental income. Plus, the basements with side entrances offer exciting potential to add additional dwelling units. Don't miss this turnkey duplex in one of Indianapolis' most desirable neighborhoods. Only 10 minutes to downtown Indy or Broad Ripple.
    70 days
    |
    693
    |
    65
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Zachary Canull 317-496-3632,

    Canull Group LLC

    Source: MIBOR as distributed by MLS GRID,MLS#: 22103421MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 4
      • Main level bathrooms: 6
      Heating
      • Forced Air
      Cooling
      • Central Air
      Appliances
      • Laundry: In Basement
      Features
      • Basement: Full,Storage Space,Unfinished,Walk-Out Access

      Property

      Parking
      • Parking features: Alley Access
      • Details: Unit Parking(Unpaved)
      Features
      • Levels: Two
      • Stories: 2
      • Fencing: Fenced,Full
      Lot
      • Size: 5,662 Square Feet
      • Features: Access, Sidewalks, Mature Trees, Trees-Small (Under 20 Ft)
      Details
      • Parcel number: 490614149001000801

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Traditional
      • Property subtype: Multi Family, Duplex
      Materials
      • Cedar, Wood Siding
      • Foundation: Block, Full
      • Roof: Asphalt
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1920

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: Pomona Place
      Location
      • Region: Indianapolis

      Financial & listing details

      • Tax assessed value: $384,600
      • Annual tax amount: $9,164
      • Date on market: 5/21/2026
      • Cumulative days on market: 73 days
      • Road surface type: Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/21/2026Price change$435,000-3.3%
        Source: MIBOR as distributed by MLS GRID #22103421 Report a problem
        5/21/2026Listed for sale$450,000+8.2%
        Source: MIBOR as distributed by MLS GRID #22103421 Report a problem
        11/11/2025Listing removed$1,600
        Source: Zillow Rentals Report a problem
        11/4/2025Price change$1,600-3%
        Source: Zillow Rentals Report a problem
        10/16/2025Price change$1,650-2.7%
        Source: Zillow Rentals Report a problem
        10/7/2025Listed for rent$1,695+6.3%
        Source: Zillow Rentals Report a problem
        11/14/2023Listing removed--
        Source: Zillow Rentals Report a problem
        10/18/2023Listed for rent$1,595+6.3%
        Source: Zillow Rentals Report a problem
        10/17/2023Listing removed--
        Source: Zillow Rentals Report a problem
        10/9/2023Price change$1,500-6%
        Source: Zillow Rentals Report a problem
        9/30/2023Price change$1,595-3.3%
        Source: Zillow Rentals Report a problem
        9/12/2023Price change$1,650-2.4%
        Source: Zillow Rentals Report a problem
        9/5/2023Price change$1,690-3.4%
        Source: Zillow Rentals Report a problem
        8/29/2023Price change$1,750-2.8%
        Source: Zillow Rentals Report a problem
        8/1/2023Listed for rent$1,800-18.2%
        Source: Zillow Rentals Report a problem
        7/1/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        6/27/2022Listed for rent$2,200+69.9%
        Source: Zillow Rental Manager Report a problem
        4/7/2022Sold$416,000+9.5%
        Source: MIBOR as distributed by MLS GRID #21840586 Report a problem
        3/10/2022Pending sale$379,900
        Source: MIBOR as distributed by MLS GRID #21840586 Report a problem
        3/7/2022Listed for sale$379,900+7.6%
        Source: MIBOR as distributed by MLS GRID #21840586 Report a problem
        7/30/2021Sold$353,000+38.4%
        Source: MIBOR as distributed by MLS GRID #21797409 Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem
        7/13/2018Listing removed$1,295
        Source: Owner Report a problem
        6/22/2018Listed for rent$1,295-3%
        Source: Owner Report a problem
        11/9/2017Listing removed$1,335
        Source: Owner Report a problem
        10/9/2017Price change$1,335-4.3%
        Source: Owner Report a problem
        9/15/2017Listed for rent$1,395
        Source: Owner Report a problem
        5/8/2014Sold$255,000+479.5%
        Source: MIBOR as distributed by MLS GRID #21277749 Report a problem
        3/21/2013Sold$44,000
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$8,918 -2.3%$384,600 +2.3%
        2024$9,127 +55.4%$375,800 -2.3%
        2023$5,874 +71.5%$384,800 +54.7%
        2022$3,425 +0.3%$248,800 +17.9%
        2021$3,414 -1.8%$211,000 +0.3%
        2020$3,477 +1.9%$210,400
        2019$3,414 +11.6%$210,400 +2.7%
        2018$3,060 +4.4%$204,800 +0.7%
        2017$2,933 -5.8%$203,400 +1.9%
        2016$3,112 +60%$199,600 +41.4%
        2014$1,944 -36.8%$141,200 +1.7%
        2013$3,076 $138,800 +1.2%
        2012$3,076 $137,100 +15.8%
        2011-- $118,400 +2.4%
        2010$2,403 -4.8%$115,600 -2.4%
        2009$2,525 $118,500 -5.3%
        2007-- $125,100 +27.8%
        2006-- $97,900
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: Butler-Tarkington

        Getting around

        52 / 100
        Somewhat Walkable
        30 / 100
        Some Transit
        61 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes

              Nearby cities

              Nearby neighborhoods

              Nearby zip codes

              Other Indianapolis Topics

                Search
                Updates
                Favorites
                Plan
                Inbox