Description

The property at 721 N Grant Ave, Indianapolis, IN 46201, is a 3-bedroom, 1-bath single-family home located in the Grace Tuxedo neighborhood, a revitalizing area on the city’s Near Eastside. This market is characterized by its proximity to downtown Indianapolis, roughly 2-3 miles away, offering residents convenient access to urban amenities, employment hubs, and entertainment options like the Bottleworks District and Mass Ave. The Grace Tuxedo neighborhood blends historic charm with ongoing redevelopment, appealing to buyers and investors seeking affordable homes with growth potential. The Grace Tuxedo area benefits from its location near shopping options along East 10th Street and Washington Street, as well as community assets like Brookside Park, a 40+ acre green space within walking distance. The neighborhood’s housing stock primarily consists of early 20th-century bungalows and two-story homes, many of which have been renovated in recent years, driving appreciation. This property’s appeal is enhanced by its single-family layout, a popular choice in a market where duplexes and multi-family units are also common, offering flexibility for owner-occupants or investors eyeing rental income. New roof, HVAC and kitchen remodel in 2021.