See Home Value
$239,859*
House - Off Market

322 Terrace Avenue

Indianapolis, IN 46225
bedrooms
4 Beds
bathrooms
1 Bath
square feet
2727 Sqft
$185,000 - $225,000
Reference Base Price*
17.00%
Since Jul 1, 2021
National-US
Primary Model
Transfer

About This Property

Here is your chance to own a large property in beautiful Bates Hendricks. With easy access directly from downtown located just off Madison , and a short walk to East St featuring Lincoln Ln Coffee and the Brand New Two Chicks District Co , this place is ready for your finishing touch. The large attic has been finished out to add an amazing living space, 4th bedroom and a 2nd full bath. The setup could bode well to turn into an upper-level apartment even.

The manager has listed the unit size as 2727 square feet.
Unit Size
2,727Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$75
Property Type
House
Property Taxes
$1,866
HOA Dues
-
Year Built
1890

Price History

Date / Event Date Event Price
Jun 25, 2021 No longer available -
No longer available
May 20, 2021 Relisted $205,000
Relisted
Mar 24, 2021 In contract -
In contract
Feb 19, 2021 Relisted $205,000
Relisted
Jan 25, 2021 In contract -
In contract
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Masonry
  • 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: 3,178
  • Gross Building Area: 3,178
  • Building Area: 2,522
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,522
  • 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 L82 B23

Ownership

  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: III

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 356900

Geography

  • Assessors Map Reference: 2337-D6
  • District: 0001
  • Section: 130
  • Parcel: 49-11-13-218-017.000-101
  • Block: 23
  • Lot: 82
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7484
  • Longitude: -86.1524

    Address

  • Full Address: 322 Terrace Ave
  • Address - House Number: 322
  • 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: 2,678
  • Tax Year: 2022
  • Tax Amount: $2,813
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2427
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 65
  • Final Value: 341,119
  • High Value: 423,927
  • Low Value: 258,312

    Market Valuation

  • Market Total Value: $121,500
  • Market Land Value: $22,700
  • Market Improvement Value: $98,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $121,500
  • Assessed Land Value: $22,700
  • Assessed Improvements Value: $98,800



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
4 Beds
2 Baths
-
$208,000 Nov 4, 2016
$208,000 Mar 7, 2017
$602/mo
House
4 Beds
2 Baths
2,172 ft²
$83/ft²
$179,900 Nov 8, 2022
-
$176/mo
House
3 Beds
2.5 Baths
2,320 ft²
$73/ft²
$169,000 Mar 1, 2023
-
-
House
3 Beds
1 Bath
1,518 ft²
$142/ft²
$215,000 Jan 2, 2023
-
$12/mo
Multifamily
Stu
-
-
$190,000 Feb 10, 2023
-
-
Multifamily
Stu
-
-
$190,000 Feb 10, 2023
-
-
Multifamily
Stu
-
-
$169,900 Sep 3, 2022
-
$174/mo

About Near Southside


Similar Homes for Sale

Unit for sale at 164 West Arizona Street, Indianapolis, IN 46225

$215,000

  • 3 Beds
  • 1 Bath
  • 1,518 ft²
164 West Arizona Street, Indianapolis, IN 46225 Listing by R. Michelle Lockhart
Unit for sale at 326 Iowa Street, Indianapolis, IN 46225

$169,000

  • 3 Beds
  • 2.5 Baths
  • 2,320 ft²
326 Iowa Street, Indianapolis, IN 46225 Listing by Erica Shupert
Unit for sale at 822 East Pleasant Run Pkwy N Drive, Indianapolis, IN 46203

$179,900

  • 4 Beds
  • 2 Baths
  • 2,172 ft²
822 East Pleasant Run Pkwy N Drive, Indianapolis, IN 46203 Listing by Stuart Houghton

Nearby Rentals

Unit for rent at 846 North Senate Avenue, Indianapolis, IN, 46202

$1,400 /mo

  • Studio
846 North Senate Avenue, Indianapolis, IN, 46202 Listing by Shelly Johnson
Unit for rent at 1661 South Talbott Street, Indianapolis, IN, 46225

$1,495 /mo

  • 3 Beds
  • 1.5 Baths
  • 2,139 ft²
1661 South Talbott Street, Indianapolis, IN, 46225 Listing by Evona Watson
Unit for rent at 55 East Legrande Avenue, Indianapolis, IN, 46225

$1,550 /mo

  • 3 Beds
  • 2 Baths
  • 2,496 ft²
55 East Legrande Avenue, Indianapolis, IN, 46225 Listing by Evona Watson


Frequently Asked Questions

When was property at 322 Terrace Avenue built and last sold?
The property at 322 Terrace Avenue was built in 1890 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 322 Terrace Avenue is $222,836.
What are some comparable homes to 322 Terrace Avenue?
There are currently no comparable homes to 322 Terrace Avenue.

Quantcast