When was property at 308 Terrace Avenue built and last sold?

The property at 308 Terrace Avenue was built in 1890 and last sold on Aug 9, 2019 for $235,000.

How much is this home worth?

The estimated value of the home located at 308 Terrace Avenue is $267,180.

What are some comparable homes to 308 Terrace Avenue?

There are currently no comparable homes to 308 Terrace Avenue.

Indianapolis

46225

Near Southside

308 Terrace Avenue

1 / 28

Map

$366,417*

● House - Off Market

308 Terrace Avenue

Indianapolis, IN 46225

3 Beds

3 Baths, 1 Half Bath

2943 Sqft

$225,000 - $273,000

Reference Base Price*

46.63%

Since Sep 1, 2019

National-US

Primary Model

Sold Aug 15, 2019

$235,000

Ripski Joseph Michael Leidy Karen

Buyer

Beriya Investments Lp

Seller

$205,000 by Mjw Financial Llc

Mortgage Due Mar 01, 2035

Sold Dec 01, 2016

$68,400

Wesam Mohammed Partner

Buyer

Shepherd Scott A

Seller

About This Property

PRICE REDUCED 20K!! Bates Hendricks at it's best!! Premier finishes throughout this beautiful home. This home was completely stripped all the way down to the studs and was totally redone using only the highest quality materials and finishes. The master and the laundry room are both on the main level for added convenience. The master bath has a custom tiled shower and dual vanity. The huge hall bath has a custom dual vanity as well. The custom tile work in this bath is stunning to say the least. Every detail in this home was carefully considered including light fixtures, appliances, open concept... This is a must see because there is simply too much to love about this home! Several homes nearby are undergoing construction.

The manager has listed the unit size as 2943 square feet.

Unit Size

2,943Ft²

Days on Market

Land Size

0.08 acres

Price per sqft

$85

Property Type

House

Property Taxes

$1,124

HOA Dues

Year Built

1890

Price History

Date / Event	Date	Event
Aug 14, 2019	No longer available	-
No longer available
Jul 2, 2019	Relisted	$249,900
Relisted
Jul 1, 2019	No longer available	-
No longer available
Jun 27, 2019	Price Decreased	$249,900 ↓ $20K (7.4%)
Price Decreased
Jun 1, 2019	Price Decreased	$269,900 ↓ $10K (3.6%)
Price Decreased
Apr 19, 2019	Relisted	$279,900
Relisted
Apr 18, 2019	No longer available	-
No longer available
Apr 6, 2019	Relisted	$279,900
Relisted
Apr 3, 2019	No longer available	-
No longer available
Feb 18, 2019	Price Decreased	$279,900 ↓ $5K (1.8%)
Price Decreased
Jan 10, 2019	Relisted	$284,900
Relisted
Jan 3, 2019	No longer available	-
No longer available
Dec 2, 2018	Price Increased	$284,900 ↑ $35K (14%)
Price Increased
Sep 16, 2018	Listed	$249,900
Listed
Sep 5, 2018	No longer available	-
No longer available
Jul 15, 2018	Listed	$289,899
Listed

	PRICE REDUCTION!"PERFECT 10+"! Absolutely unbeatable finishes and layout in this amazing Bates Hendricks stunner. Completely renovated to studs - open floor plan with custom kitchen island, SS appliances, open concept, main level master w/en-suite bath w/custom tile shower w/dual shower heads & dual vanity, hardwoods throughout and specialty selected light features, upper level boasts 2 spacious bedrooms, loft area, and stunning HUGE bathroom w/custom tile finishes & dual vanity…

Property Highlights

Air Conditioning

Building Info

Overview

General

Year Built: 1890

Effective Year Built: 2015
Building Count: 1
Total Rooms: 9
Bedroom Count: 3
Bathroom Count: 3
Full Bathrooms: 2
Partial Bathrooms: 3
Bathroom Plumbing Fixtures: 12
Building Condition: Average
Building Quality: C
Construction Type: Frame
Roof Cover Type: Asphalt
Floor Count: 2
Living Units: 1
Basement Type: Partial basement
Basement Area: 656
Parking Space Count: 0

Dimensions

Lot Size Square Feet: 3,311

Lot Size Depth Feet: 1,100
Lot Size Frontage Feet: 300
Total Building Area: 2,966
Gross Building Area: 2,966
Building Area: 2,310
Building Area Measurement: Living Area

Heating and Cooling

Air Conditioning: Central air conditioning

Heating: Central heating
Heated Square Feet: 2,310
Heating Fuel Type: unknown

Utilities

Sewer System: Yes

Water Service: Yes

Building

Property Class: Residential

Subdivision: DUNLOP & TUTEWILERS SUB B F MOR
Land Acres: 0.076
Standard Land Use Code: Single family residential
County Land Use Code: Vehicles general
Legal Description 1: DUNLOP & TUTEWILERS SUB MORRIS ADD L79

Ownership

Current Owner : RIPSKI JOSEPH MICHAEL

Current Owner 2: LEIDY KAREN
Previous Owner : BERIYA INVESTMENTS LP
Owner Before Previous Owner: SHEPHERD SCOTT A
Is Owner Occupied: Owner-occupied property

Neighborhood

School District Name: Indianapolis Public Schools

Census Tract: 356900

Geography

Assessors Map Reference: 2337-D6

District: 0001
Section: 130
Parcel: 49-11-13-218-020.000-101
Lot: 79
Municipality: CENTER TOWNSHIP
Latitude: 39.7484
Longitude: -86.1526

Address

Full Address: 308 Terrace Ave

Address - House Number: 308
Address - Street Name: Terrace
Address - Suffix Type: Ave
State: IN
City Name: Indianapolis
Carrier Code: C006
4-Digit Zip Code: 2515
Zip Code: 46225

Valuation

Tax

Total Area: 2,618

Tax Year: 2022
Tax Amount: $7,478
Tax Rate Code Area: 101

Appraisal Valuation

Standard Deviation: 0.2428

Valuation Date: Jan 27, 2024
Confidence Score: 65
Final Value: 355,482
High Value: 441,801
Low Value: 269,163

Open Liens

Total Open Liens: 1

Total Open Liens Amount: $205,000
First Open Lien Mortgage Lender: MJW FINANCIAL LLC
First Open Lien Mortgage Recording Date: Mar 18, 2021
First Open Lien Mortgage Financing Type: Fixed Rate
First Open Lien Mortgage Loan Amount: $205,000
First Open Lien Mortgage Term: 167
First Open Lien Mortgage Position: 1
First Open Lien Mortgage Loan Type: New Conventional
First Open Lien Mortgage Loan Due Date: Mar 01, 2035

Market Valuation

Market Total Value: $328,700

Market Land Value: $22,700
Market Improvement Value: $306,000

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $328,700
Assessed Land Value: $22,700
Assessed Improvements Value: $306,000

Sales

Current Sale Contract Date: Aug 09, 2019

Current Sale Recording Date: Aug 15, 2019
Current Sale Transaction ID: 11636284692
Current Sale Price: $235,000
Current Sale Document Type: Warranty Deed
Current Sale Input Document Number: A201900078060
Previous Sale Recording Date: Dec 01, 2016
Previous Sale Amount: $68,400
Previous Sale Document Type: Deed

Last Sale Mortgage

First Mortgage Lender: MJW FINANCIAL LLC

First Mortgage Transaction Date: Aug 15, 2019
First Mortgage Loan Amount: $211,500
First Mortgage Terms: 360
First Mortgage Loan Type: New Conventional

Financing

First Mortgage Financing Type: Fixed Rate

Redact Ownership Info

Comparables

1427 Southeast Street

Sold

Multifamily

4 Beds

2 Baths

$208,000 Nov 4, 2016

$208,000 Mar 7, 2017

$602/mo

611 Orange Street

In Contract

House

3 Beds

2.5 Baths

1,774 ft²

$124/ft²

$220,000 Mar 27, 2023

1634 South Delaware Street

Active

House

3 Beds

2 Baths

1,350 ft²

$211/ft²

$285,000 Jan 16, 2023

1745 Union Street

In Contract

House

4 Beds

2.5 Baths

2,388 ft²

$107/ft²

$256,000 Nov 11, 2022

$81/mo

307 East Morris Street

Active

House

3 Beds

2 Baths

992 ft²

$252/ft²

$250,000 Nov 23, 2022

$129/mo

1717 South Talbott Street

Active

House

4 Beds

2 Baths

1,602 ft²

$181/ft²

$289,333 Dec 10, 2022

$107/mo

1510 South Talbott Street

In Contract

House

4 Beds

2 Baths

1,801 ft²

$111/ft²

$200,000 Mar 3, 2023

622 Parkway Avenue

In Contract

House

2 Beds

2 Baths

1,340 ft²

$216/ft²

$289,900 Jun 18, 2022

$113/mo

343 East Morris Street

Active

House

4 Beds

4.5 Baths

1,392 ft²

$205/ft²

$285,000 Feb 28, 2023

About Near Southside

Stats & Trends

Median Asking:

$285,000

Sale Price/ft²

$164

Below Asking

0.04%

Average Days on Market

Average Home Size

1982 ft²

Average Home Age

89.1 years

Currently For Sale

20 Listings

Similar Homes for Sale

Unit for sale at 343 East Morris Street, Indianapolis, IN 46225

$285,000

4 Beds
4.5 Baths
1,392 ft²

343 East Morris Street, Indianapolis, IN 46225 Listing by Beau Benjamin

Unit for sale at 1717 South Talbott Street, Indianapolis, IN 46225

$289,333

4 Beds
2 Baths
1,602 ft²

1717 South Talbott Street, Indianapolis, IN 46225 Listing by Teresa Heffernan

Unit for sale at 307 East Morris Street, Indianapolis, IN 46225

$250,000

3 Beds
2 Baths
992 ft²

307 East Morris Street, Indianapolis, IN 46225 Listing by Gloria Gear

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Nearby Rentals

$1,545 /mo

2 Beds
1 Bath
1,203 ft²

Listing by Maxwell Richter

$1,490 /mo

1 Bed
1 Bath
743 ft²

Listing by Forte

$1,500 /mo

3 Beds
1 Bath
1,200 ft²

Listing by Ross Graham

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308 Terrace Avenue

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Ownership

Neighborhood

Geography

Valuation

Comparables

About Near Southside

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions