Michael Graves’s first commission back on the market for $265K

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Location: Fort Wayne, Indiana

Price: $264,888

This Michael Graves-designed home in Fort Wayne, Indiana, is back on the market—and for a lower asking price since the last time we spotlighted it.

Designed in 1967 for friends Jay and Lois Hanselmann (thus known as the Hanselmann House) and completed in 1971, the white, boxy dwelling was Graves’s first commission and comprises four bedrooms, two bathrooms, and about 2,900 square feet of living space.

The book Michael Graves: Buildings and Projects 1982-1989 provides a clear description of the residence:

This house for a family of two adults and four children is located on a corner site which is entered adjacent to a stream running diagonally through the property. The house and the space immediately in front of it make a double square in plan and volumetrically a double cube, with one being open and the other enclosed. The house is understood frontally by the layering of three principal facades ... The main volume of the house is entered through the second primary facade, located at the center of the composition. This point of entry is also reflected in the distortion of the plan of the roof terrace above. The third facade, which is the densest, is the rear wall of the house containing the mural.

(The mural in question is also a Graves original design and is worth a lot of money on its own—valued between $40,000 and $50,000 back in 2011.) Walls of glass, an open layout, balconies, and mezzanines all contribute to the light and airy qualities of the split-level structure, which sits on one acre.

Located at 10220 Circlewood Drive, the home is offered at $264,888—which seems like a steal for a work by an architect as important as Graves. Below, take a 3D tour.

Courtesy of Aaron Hoover/Keller Williams