Welcome to 503 S Harrison St, a beautifully restored 1899 all-brick home in the heart of Alexandria, offering historic charm, modern updates, and instant equity. Priced at $149k and recently appraised at $177k, this 4-bedroom, 3.5-bath home offers 2,404 sq ft of finished living space, plus a full, unfinished basement, situated on a corner lot with only one direct neighbor. The inviting wrap-around porch sets the tone for the charm inside, where you'll find original woodwork, exposed brick, and a spacious living room with a fireplace. The updated kitchen features butcher block countertops, stainless steel appliances, and an open layout perfect for gathering. The main level also features a bedroom, half bath, and laundry room, while the second floor offers three additional bedrooms and three full baths, two of them en-suite. A spiral staircase leads to a unique third-floor loft, ideal for an office, studio, or playroom. The home has undergone an extensive renovation, with recent upgrades including new paint, flooring, a new HVAC system, water heater, and updated electrical and plumbing systems, making it move-in ready while still leaving room for further improvements to maximize value. With a colorful history-lore suggests it once served as a hotel-this property is perfect for an owner-occupant looking to add personal touches to a historic home, or an investor seeking an excellent long-term or short-term rental opportunity. With a strong offer the seller will provide a $6k credit to help address the final details!! Located blocks from downtown shops and restaurants, and within easy reach of Anderson, Muncie, and Indianapolis, this is a rare find full of character and potential.