Check Availability
$260,000
House - For Sale

359 Terrace Avenue

Indianapolis, IN 46225
bedrooms
2 Beds
bathrooms
2 Baths
square feet
838 Sqft
$1,277
Estimated Monthly
$0
HOA / Fees

About This Property

Embrace the perfect blend of vintage charm and modern living in the heart of Bates-Hendricks. This reimagined abode has been meticulously gutted and remastered to meet all your contemporary needs while maintaining its quaint allure. A brand stainless steel fridge and stove will enhance your culinary experience in a home where everything is basically brand new.    Step into the warmth of the generous open living area, a canvas for you to dictate its purpose and arrangement, expertly positioned to separate the two plush bedrooms for ultimate privacy. Each sanctum offers considerable closet space, with the primary bedroom boasting an exclusive, well-appointed full bath, sure to become your personal spa retreat.    Beyond the allure of the bedrooms, an oversized laundry area awaits, providing not only space for a state-of-the-art tankless water heater but also ample room for extra storage solutions. This is more than a house; it's your low-maintenance ticket to a lifestyle of peace and convenience in one of the most coveted neighborhoods.    Seize the opportunity to own a slice of serenity where every detail has been curated for ease, comfort, and style. Welcome to your forever home in Bates Hendricks, where every corner whispers 'begin anew.

The manager has listed the unit size as 838 square feet.
Unit Size
838Ft²
Days on Market
25 days
Land Size
0.05 acres
Price per sqft
$310
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1955
Listed By
Lisa F. Phillips
Keller Williams Indpls Metro N
Last updated: 23 days ago (MIBORIN #21972488)

Price History

Date / Event Date Event Price
Apr 5, 2024 Listed by Compass Indiana, LLC $260,000
Listed by Compass Indiana, LLC
Sep 27, 2022 No longer available -
No longer available
Aug 24, 2022 In contract -
In contract
Aug 6, 2022 Price Decreased $209,000
↓ $900 (0.4%)
Price Decreased
Jul 14, 2022 Listed by Keller Williams Indy Metro W $209,900
Listed by Keller Williams Indy Metro W
Come fall in love with this quaint, low maintenance fully reimagined home nestled in the middle of Bates Hendricks. Completly gutted & redone, everything is new. SS Fridge & stove will be installed prior to closing. Large open living space allows you to customize the layout as you see fit & divides the 2 bedrooms. Each room has large closet space, primary has private full bath. Oversized laundry space is great for additional storage and houses the tankless water heater. The…

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 1
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,004
  • Lot Size Depth Feet: 510
  • Lot Size Frontage Feet: 400
  • Total Building Area: 838
  • Gross Building Area: 838
  • Building Area: 838
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 838
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: JAMES FRANKS SUB S&B F MORRIS ADD
  • Land Acres: 0.046
  • Legal Description 1: JAMES FRANKS SUB S&B F MORRIS ADD L1 & L2

Ownership

  • Current Owner : JANGAARD NOLAN
  • Previous Owner : NUVIEW TRUST COMPANY
  • Owner Before Previous Owner: PEREZ VALERIO FLOREX
  • Owner Before Previous Owner 2: PEREZ ESTEBAN FLORES
  • Vacant Flag: unknown
  • Vacant Flag Date: Oct 06, 2022

Neighborhood

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

Geography

  • District: 0001
  • Section: 130
  • Parcel: 49-11-13-155-007.000-101
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.748
  • Longitude: -86.1513

    Address

  • Full Address: 359 Terrace Ave
  • Address - House Number: 359
  • Address - Street Name: Terrace
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C006
  • 4-Digit Zip Code: 2514
  • Zip Code: 46225

Valuation

    Tax

  • Total Area: 838
  • Tax Year: 2021
  • Tax Amount: $964
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 101:INDPLS

    Appraisal Valuation

  • Standard Deviation: 0.2514
  • Valuation Date: Dec 28, 2022
  • Confidence Score: 64
  • Final Value: 147,918
  • High Value: 185,106
  • Low Value: 110,730

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $150,000
  • First Open Lien Mortgage Lender: US BANK NATIONAL ASSOCIATION
  • First Open Lien Mortgage Recording Date: Sep 28, 2022
  • First Open Lien Mortgage Loan Amount: $150,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2052

    Market Valuation

  • Market Total Value: $38,900
  • Market Land Value: $12,900
  • Market Improvement Value: $26,000

    Assessments Valuation

  • Assessed Year: 2021
  • Assessed Total Value: $38,900
  • Assessed Land Value: $12,900
  • Assessed Improvements Value: $26,000

    Sales

  • Current Sale Contract Date: Sep 21, 2022
  • Current Sale Recording Date: Sep 28, 2022
  • Current Sale Transaction ID: 11896588551
  • Current Sale Price: $187,500
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 107634
  • Previous Sale Recording Date: Oct 25, 2019
  • Previous Sale Contract Date: Oct 18, 2019
  • Previous Sale Amount: $25,000
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NATIONAL ASSOCIATION
  • First Mortgage Transaction Date: Sep 28, 2022
  • First Mortgage Loan Amount: $150,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Oct 01, 2052

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
3 Beds
2 Baths
1,008 ft²
$208/ft²
$209,900 Nov 4, 2023
-
-
House
3 Beds
1.5 Baths
1,010 ft²
$212/ft²
$214,000 Feb 1, 2024
-
-
Condo
2 Beds
2 Baths
1,643 ft²
$181/ft²
$297,000 May 25, 2023
-
$541/mo
House
3 Beds
2.5 Baths
1,877 ft²
$125/ft²
$235,000 Sep 20, 2022
-
$440/mo
House
4 Beds
3 Baths
1,968 ft²
$142/ft²
$280,000 Feb 27, 2024
-
-
House
4 Beds
3.5 Baths
2,590 ft²
$120/ft²
$309,900 Jan 26, 2024
-
-

About Near Southside


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Frequently Asked Questions

When was property at 359 Terrace Avenue built and last sold?
The property at 359 Terrace Avenue was built in 1955 and last sold on Sep 21, 2022 for $187,500.
How much is this home worth?
The estimated value of the home located at 359 Terrace Avenue is $259,095.
What are some comparable homes to 359 Terrace Avenue?
Homes that are comparable to 359 Terrace Avenue include a condo property at 714 Buchanan Street, a house property at 45 East Legrande Avenue, 1306 South Talbott Street.

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