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$345,000

3936 Graceland Ave Indianapolis, IN 46208

4 beds
2 full, 1 partial
2,802 sqft
0.1 acres
$123 / sqft
House

Property details

About 3936 Graceland Ave

Butler Tarkington gem blending early 1900s character with thoughtful updates and modern conveniences. This spacious four-bedroom home features original hardwood floors, solid wood doors, and beautiful millwork throughout. Larger than it appears, the home spans four levels with both front and rear staircases, offering exceptional flexibility. The main level includes a generous entryway, oversized dining room, and welcoming living room. The updated kitchen boasts granite countertops, a walk-in pantry with new shelving (2024), and a new garbage disposal (2024). Upstairs, the ensuite primary features a walk-in shower (completely redone in 2024), a walk-in closet, and custom shelving (2024). A newly refurbished shared bathroom (2024) serves the additional bedrooms, and two upper loft spaces offer options for offices, playrooms, or guest rooms. Additional updates include a new sump pump (2025), fresh grass in the backyard (2025), and high-end front porch blinds (2023) that add comfort and privacy to the charming front porch. The full unfinished basement and walk-up attic offer abundant storage or future expansion opportunities. The fully fenced backyard includes an attached pergola and a highly sought-after detached two-car garage with additional storage. Enjoy an unbeatable location just steps from Tarkington Park, Dollar General, and Shortridge High School - plus, you're just over a mile from Newfields Art Museum, which offers free membership to residents at this address!

Highlights

Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
CoolingCentral Air
Size2,802 sqft
BasementYes
Lot size0.12 Acres
Year built1909
MLS #22047215

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Dryer, Disposal, Gas Water Heater, Gas Oven, Range Hood, Refrigerator, Washer
  • Basement: Yes
  • Interior: Attic Stairway, High Ceilings, Walk-In Closet(s), Hardwood Floors, Entrance Foyer, Pantry
  • Total Bedroom Count: 4
  • Architectural Style: Traditional
  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • List Price: $345,000
  • Price/SqFt: $123
  • Annual Tax Amount: $3,330
  • Tax Year: 2023
  • Directions: GPS Friendly
  • Year Built: 1909
  • Living Area: 2,802 SqFt
  • Lot Size: 0.12 Acres
  • MLS Number: 22047215
  • MLS Name: MIBOR
  • Office Name: Maywright Property Co.
  • Listing Agent: Jess Martin

IDX Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

DMCA Notice

Copyright ©2025 MIBOR REALTOR® Association. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/18/2025, 7:31:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Jan 09, 2023
Home Sold
$294,900
Jan 05, 2023
Home Sold
$294,900
Aug 05, 2015
Home Sold
$18,000

Tax history

YearAssessmentProperty Tax
2023$281,000$3,330
2022$230,700$2,731
2021$193,500$2,159
2020$187,600$2,198
2019$179,700$1,741
2018$141,800$1,445
2017$129,300$2,732

History based on county public records data.

Nearby schools

4

Louis B Russell Jr School 48

Public Charter KG-6

0.9 mi

3445 Central Ave

3

Kipp Indy Unite Elementary School

Public Charter KG-5

2.1 mi

1740 E 30th St

2

Tindley Genesis Academy

Public Charter KG-6

2.5 mi

4020 Meadows Pkwy

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $32,949. The majority of Indianapolis, IN residents have income less than $<35k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

53%
<35k
40%
35k-100k
7%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

54%
Single, No Kids
21%
Single, with Kids
15%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
10%
12-17 yrs old
23%
18-34 yrs old
38%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • NHRA Drag RacingNHRA Drag Racing
  • Extreme SportsExtreme Sports

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Big LotsBig Lots
  • Sam's ClubSam's Club

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Golden CorralGolden Corral
  • LongHorn SteakhouseLongHorn Steakhouse

What do the neighbors drive?

  • ChevroletChevrolet
  • KiaKia
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • RockRock
  • Adult StandardsAdult Standards
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Indianapolis, IN

Indianapolis has a comprehensive transport system that includes a city-wide bus service with regular routes connecting various neighborhoods. The city is also known for its bike-friendly initiatives, with numerous bike lanes and trails. Major highways such as I-65 and I-70 provide efficient routes for drivers to navigate in and out of the city. While specific ride-sharing statistics are not mentioned, such services are commonly used throughout the city.

The city is served by a robust educational system, including a variety of public and private schools, catering to all levels of education. Healthcare is well-supported with several hospitals offering a range of services from emergency care to specialized treatments. Indianapolis also boasts a network of public libraries and a rich assortment of retail and dining options that reflect the diverse culinary tastes of its residents.

Indianapolis is celebrated for its vibrant cultural scene and sporting events, including the world-renowned Indianapolis 500. The city prides itself on its community-oriented atmosphere, with numerous parks and green spaces contributing to its inviting character. Seasonal festivals and local farmers' markets are a testament to the city's commitment to community engagement and local produce.

Indianapolis offers a diverse housing market, with single-family homes being a significant component, reflecting a mix of architectural styles from historic Victorian to contemporary. The housing options also include a variety of apartments and townhouses, accommodating a range of preferences and lifestyles. The city has seen a steady growth in housing developments, particularly in the downtown area, which has added modern living spaces to the urban core.

About 3936 Graceland Ave

The listing price of 3936 Graceland Ave property is $345,000.

The property 3936 Graceland Ave is a house located in Indianapolis, Indiana, 46208.

Active Listing: 3936 Graceland Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 3936 Graceland Ave are: Louis B Russell Jr School 48 (GreatSchools Rating 4/10), Kipp Indy Unite Elementary School (GreatSchools Rating 3/10), Tindley Genesis Academy (GreatSchools Rating 2/10), James W. Riley Elementary School 43 (GreatSchools Rating 3/10), IPS Butler University Laboratory School 60 (GreatSchools Rating 4/10), Center For Inquiry School 70 (GreatSchools Rating 5/10), Shortridge High School (GreatSchools Rating 2/10), Charles a Tindley Accelerated School (GreatSchools Rating 4/10), Herron High School (GreatSchools Rating 9/10).

According to the records, the last property tax for 2023 is $3,330 (source: MLS/based on county public records data).

The last sale was on January 9, 2023 for $294,900 (source: MLS/tax record).

The property at 3936 Graceland Ave has 4 bedrooms and 2 full and 1 half bathrooms.

The property 3936 Graceland Ave is 2,802 SqFt (source: MLS/tax record).

The year of construction for 3936 Graceland Ave is 1909.

This home is located at 3936 Graceland Ave in Indianapolis, IN and zip code 46208. This 2,802 square foot home, which was built in 1909, sits on a 0.12 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 27, 2025 and is currently priced at $345,000.

In June 2025 more than 266 listings in Indianapolis, IN were sold above the asking price. During the same period more than 276 listings were sold at asking price, while more than 527 were sold below. The number of listings in Indianapolis, IN decreased by 0.2% between May and June 2025. While the average time on the market in June 2025 was 31 days, the median list price was $251,183.

From Rocket Homes Real Estate and based on county public records data.

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