3554 Graceland Ave Indianapolis, IN 46208
Crown Hill Neighborhood
3
Beds
1
Bath
1,029
Sq Ft
3,223
Sq Ft Lot
Highlights
- Traditional Architecture
- No HOA
- Formal Dining Room
- Wood Flooring
- Covered patio or porch
- Eat-In Kitchen
About This Home
As of April 2025Formerly a profitable rental, this charming 3-bedroom, 1-bathroom home is move-in ready for tenants while also offering incredible potential for upgrades. Original hardwood floors and a built-in window bench add timeless character and warmth. Ideally located just blocks from the Children's Museum and Tarkington Park, with quick access to downtown, this Craftsman-style home places you in the heart of the city's vibrant energy. Available for purchase on contract-don't miss this fantastic opportunity!
Last Agent to Sell the Property
Highgarden Real Estate Brokerage Email: kteltow@highgarden.com License #RB19000241 Listed on: 03/17/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,158
Year Built
- Built in 1920
Home Design
- Traditional Architecture
- Block Foundation
Interior Spaces
- 1.5-Story Property
- Window Screens
- Formal Dining Room
- Wood Flooring
- Fire and Smoke Detector
- Unfinished Basement
Kitchen
- Eat-In Kitchen
- Electric Oven
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Utilities
- Forced Air Heating System
- Gas Water Heater
Additional Features
- Covered patio or porch
- 3,223 Sq Ft Lot
- Property is near a bus stop
Community Details
- No Home Owners Association
- Avondale Subdivision
Listing and Financial Details
- Tax Lot 17
- Assessor Parcel Number 490623130104000101
- Seller Concessions Not Offered
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 17, 2025
Closed on
Apr 24, 2025
Sold by
Schmit Joseph L and Cikrit-Schmit Sara Ann
Bought by
Beama Group Inc
Seller's Agent
Kathryn Teltow
Highgarden Real Estate
Buyer's Agent
Jason Justak
eXp Realty, LLC
List Price
$115,000
Sold Price
$100,000
Premium/Discount to List
-$15,000
-13.04%
Views
25
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
61.25%
Original Mortgage
$157,500
Outstanding Balance
$157,224
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
-$45,608
Purchase Details
Closed on
Jun 2, 2015
Sold by
Lawrencia Llc
Bought by
Schmit Joseph L and Cikrit Schmit Sara Ann
Purchase Details
Closed on
Feb 6, 2015
Sold by
Marion County Board Of Commissioners
Bought by
Lawrencia Llc
Purchase Details
Closed on
Feb 5, 2015
Sold by
Allen James
Bought by
Marion County
Purchase Details
Closed on
Nov 10, 2006
Sold by
Ricketts James
Bought by
Allen James
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
6.22%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Feb 27, 2006
Sold by
Jpmorgan Chase Bank
Bought by
Ricketts James
Purchase Details
Closed on
Jan 30, 2006
Sold by
Brittain Diana L and Obanye Anene
Bought by
Jp Morgan Chase Bank
Similar Homes in Indianapolis, IN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Centurion Land Title | |
| Warranty Deed | -- | Mtc | |
| Quit Claim Deed | $10,000 | None Available | |
| Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes | $3,532 | None Available | |
| Warranty Deed | -- | None Available | |
| Special Warranty Deed | -- | Statewide Title Co Inc | |
| Sheriffs Deed | $59,399 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $157,500 | New Conventional | |
| Previous Owner | $10,000 | Stand Alone Second | |
| Previous Owner | $52,700 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/17/2025 07/17/25 | For Sale | $240,000 | +140.0% | $171 / Sq Ft |
| 04/25/2025 04/25/25 | Sold | $100,000 | -13.0% | $97 / Sq Ft |
| 03/31/2025 03/31/25 | Pending | -- | -- | -- |
| 03/17/2025 03/17/25 | For Sale | $115,000 | 0.0% | $112 / Sq Ft |
| 03/19/2021 03/19/21 | Rented | $795 | 0.0% | -- |
| 02/05/2021 02/05/21 | For Rent | $795 | -- | -- |
Source: MIBOR Broker Listing Cooperative®
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,228 | $99,800 | $12,000 | $87,800 |
| 2023 | $2,228 | $91,000 | $12,000 | $79,000 |
| 2022 | $2,200 | $91,000 | $12,000 | $79,000 |
| 2021 | $1,753 | $73,100 | $2,500 | $70,600 |
| 2020 | $1,687 | $70,000 | $2,500 | $67,500 |
| 2019 | $1,483 | $60,100 | $2,500 | $57,600 |
| 2018 | $1,378 | $55,200 | $2,500 | $52,700 |
| 2017 | $1,160 | $51,700 | $2,500 | $49,200 |
| 2016 | $1,095 | $49,800 | $2,500 | $47,300 |
| 2014 | $621 | $28,200 | $2,500 | $25,700 |
| 2013 | $621 | $27,500 | $2,500 | $25,000 |
Source: Public Records
Agents Affiliated with this Home
-
Charles Lemons
Seller's Agent in 2025
Charles Lemons
Highgarden Real Estate
(317) 617-4962
1 in this area
16 Total Sales
-
Kathryn Teltow
Seller's Agent in 2025
Kathryn Teltow
Highgarden Real Estate
(765) 228-1204
3 in this area
177 Total Sales
-
Jason Justak
Buyer's Agent in 2025
Jason Justak
eXp Realty, LLC
(317) 763-0110
4 in this area
103 Total Sales
-
John Stainbrook
J
Seller's Agent in 2021
John Stainbrook
Alpine Leasing
(317) 500-2248
1 Total Sale
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22027335
APN: 49-06-23-130-104.000-101
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