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$163,900 ↓$1,000on 9/28/2024

1725 Terrace Avenue Indianapolis, IN  46203

  • 3 Beds
  • 1 Baths
  • 2,011 sq. Ft

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Property Description for 1725 Terrace Avenue Indianapolis, IN 46203

Welcome to this newly updated investment property in the highly sought-after Fountain Square neighborhood of Indianapolis. This charming home features 3 bedrooms and 1 bathroom, with the potential to be converted into a 4 bedroom, 2 bathroom layout. Upon entering, you'll be greeted by a spacious living area with plenty of natural light and modern finishes throughout. The bedrooms are generously sized and offer ample closet space for storage. The basement offers an abundance of storage. Outside, you'll find a fenced backyard with plenty of room for outdoor activities. Additionally, this property is conveniently located near the vibrant Fountain Square district, with easy access to restaurants, shops, and entertainment options. Don't miss out on this fantastic investment opportunity in one of Indianapolis' hottest neighborhoods. Schedule a showing today and make this property your own!
QuickBuy option for home selling

Address:1725 Terrace Avenue Indianapolis IN 46203
Status:Active
on site: 85 days
Price:$163,900
Bedrooms:3 Beds
Bathrooms:1 Full Baths
Sq. Feet:2,011
Year Built:1910
Lot Size:0.12
County: Marion
Township: Center
MLS #:21998380
Property Type:Single Family Residence

Lot Dimensions:5097
Lot Features:Sidewalks, Mature Trees, Trees-Small (Under 20 Ft)
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :924
Upper Level Sq. Ft. :303
Total Sq. Ft. :2,011
Basement:Yes

Loan Price
$1,062
Price And Interest $855/month
Property Tax $139/month
MTG INS $0/month
HOME INS $68/month
Price
$163,900
Down Payment %
0 %
Down Payment
$0
Property Taxes
$139/month
Home Owner Insurance
$816 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
09/28/24 $164,900 $163,900 -0.61%
09/05/24 $175,000 $164,900 -5.77%

RoomSizeLevel
Primary Bedroom 13x14 Main
Living Room 13x14 Main
Kitchen 10x10 Main
Bedroom 2 13x14 Main
Bedroom 3 13x14 Upper
Dining Room 13x14 Main
Sitting Room 13X14 Upper
Dining Room 11x9 Main

Semi-Annual Property Tax:$836
Tax Year:2023
Mandatory HOA Fee:$

Area: 4913 - Marion - Center Se
City:Indianapolis
Subdivision: Metzgers Sub Wingates
Zip Code:46203

Total Sq. Ft.:2,011
Interior Features:Storms Complete, Wood Work Painted, Paddle Fan, Eat-in Kitchen, Hi-Speed Internet Availbl
Eating Area(s):Formal Dining Room
Appliances:Dishwasher, Electric Water Heater
Equipment:Smoke Alarm
Exterior Features:Barn Storage
Exterior Type:Vinyl Siding
Cool:None
Heat:Forced Air, Gas
Water Heater:Dishwasher, Electric Water Heater
Total Rooms:5
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Listing provided courtesy of Kathryn Berg with Peter Khosla, Inc from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 08/26/2024 12:00 AM. 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.





Indianapolis Market Report

109
Avg. DOM
$187.92
Avg. $ / Sq.Ft.
$ 389,000
Med. List Price

The house prices in Indianapolis are indeed dropping at the moment. There has been a decrease in price of $20,825.47. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Indianapolis are going Down. The average house price is $269,000.00 and the average price per square feet is $156.25 per square feet. At the moment, the amount of homes listed is exactly 13891 houses, with 2412 with active status, 1216 with pending status and 10263 sold in Indianapolis .

The most popular place to buy a home in Indianapolis is 4903 - Marion - Washington. 4903 - Marion - Washington is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Indianapolis .

The average amount of property taxes you would have to pay for a home in Indianapolis is $3,194.02. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Indianapolis are staying listed for an average of 68 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Indianapolis was 1917 minutes ago.

At the moment we have 105 open houses that you can visit.

The cost of the most expensive home in Indianapolis is $7,750,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Indianapolis is $45,900.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Indianapolis in year 1827 and the newest built house is in year 2025.

The average size of properties in Indianapolis is 2112.74 sq.ft. , the biggest one being 13549 sq.ft. and the smaller being 252 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.

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