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(SOLD) $315,000

707 Terrace Avenue Indianapolis, IN  46203

  • 3 Beds
  • 2 Baths
  • 1,870 sq. Ft

Property Description for 707 Terrace Avenue Indianapolis, IN 46203

Welcome to a Bates-Hendricks gem! Offering 3 bedrooms and 2 full baths, This home is completley updated with many of them custom. Torn down to the foundation and rebuilt in 2017, rest easy knowing almost nothing in your new home is older than you! Walk up to a cozy and inviting front porch. Once you walk in, you will feel the space this home offers. Open concept between the living room, dining room and kitchen with the raised ceilings, having your guest over and entertaining will always be an inviting option. The custom cement featured in this home includes the kitchen counters and a unique accent wall in the master bedroom. These touches are timeless and are built to last! Master suite has custom tile shower, oversized sink, and huge walk in closet. Second bedroom has a custom built book shelf that maximizes the space and offers ample storage for all your books, memorabilia, or anything else you want to show off or store! Third bedroom has two good sized closest. Each room will give someone to boast about. Walk out to a fully fenced back yard, storage shed, and brick patio with a lovely pergola! Some extra features of this house include a dehumidifier attached to the furnace. Want to soften up the public water? No worries here, there is a water softener. With this location, you are right around the corner from all that Indianapolis has to offer. Fountain square, Gainbridge Fieldhouse, Lucas Oil, Wholesale district, mass ave... The list goes on and on. Hurry before this one is gone!
QuickBuy option for home selling

Address:707 Terrace Avenue Indianapolis IN 46203
Status:Sold
Sold On: 6/21/2024
Price:$299,900
Bedrooms:3 Beds
Bathrooms:2 Full Baths
Sq. Feet:1,870
Year Built:1904
Lot Size:0.08
County: Marion
Township: Center
MLS #:21980585
Property Type:Single Family Residence

Lot Dimensions:3485
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :1,297
Total Sq. Ft. :1,870
Basement:Yes

Loan Price
$2,029
Price And Interest $1,643/month
Property Tax $255/month
MTG INS $0/month
HOME INS $131/month
Price
$315,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$255/month
Home Owner Insurance
$1,572 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room 18x12 Main
Dining Room 8x12 Main
Kitchen 12x10 Main
Laundry 6x6 Main
Primary Bedroom 13x13 Main
Bedroom 2 13x11 Main
Bedroom 3 11x11 Main

Semi-Annual Property Tax:$1,531
Tax Year:2023
Mandatory HOA Fee:$

Area: 4913 - Marion - Center Se
Subdivision: Southpark
Zip Code:46203

Total Sq. Ft.:1,870
Interior Features:Vaulted Ceiling(s), Hardwood Floors, Programmable Thermostat, Screens Complete, Walk-in Closet(s), Windows Vinyl
Interior Area(s):Laundry in Unit
Eating Area(s):Dining Combo/Kitchen, Dining Combo/Living Room
Appliances:Dishwasher, Dryer, MicroHood, Electric Oven, Refrigerator, Washer, Water Softener Owned
Exterior Type:Vinyl Siding, Other
Cool:Central Electric
Heat:Forced Air, Other
Water Heater:Dishwasher, Dryer, MicroHood, Electric Oven, Refrigerator, Washer, Water Softener Owned
Total Rooms:6
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Listing provided courtesy of Austin Fish with Go Fish Realty from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 05/21/2024 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 2022 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.