When was property at 4018 Terrace Avenue built and last sold?

The property at 4018 Terrace Avenue was built in 1940 and last sold on Aug 20, 2021 for $105,000.

How much is this home worth?

The estimated value of the home located at 4018 Terrace Avenue is $160,168.

What are some comparable homes to 4018 Terrace Avenue?

Homes that are comparable to 4018 Terrace Avenue include a house property at 4706 Fletcher Avenue , 3337 Prospect Street , 3135 East Minnesota Street .

Indianapolis

46203

Near Southeast

4018 Terrace Avenue E

Thumbnail Photo of 4018 Terrace Avenue E

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Map

$109,591*

● House - Off Market

4018 Terrace Avenue E

Indianapolis, IN 46203

4 Beds

1 Bath

1812 Sqft

$99,000 - $121,000

Reference Base Price*

-0.37%

Since Nov 1, 2023

National-US

Primary Model

Sold Sep 13, 2021

$105,000

Hancock Patsy

Buyer

Hancock Patsy Hancock James

Seller

$84,000 by Royal United Mortgage Llc

Mortgage

About This Property

Welcome to Your New Home! This charming 4-bedroom, 1-bathroom residence is offered at an unbeatable price. Set on a double lot, the property boasts a double wide driveway, a 1-car garage, and a convenient carport. This home presents an excellent opportunity to start your journey in a spacious and well-located abode. Embrace the potential this property offers and make it your perfect nest!

The manager has listed the unit size as 1812 square feet.

Unit Size

1,812Ft²

Days on Market

Land Size

0.39 acres

Price per sqft

$61

Property Type

House

Property Taxes

HOA Dues

Year Built

1940

Price History

Date / Event	Date	Event
Oct 29, 2023	No longer available	-
No longer available
Oct 10, 2023	Price Decreased	$110,000 ↓ $17K (13.4%)
Price Decreased
Sep 22, 2023	Price Decreased	$127,000 ↓ $3K (2.3%)
Price Decreased
Sep 1, 2023	Price Decreased	$130,000 ↓ $10K (7.1%)
Price Decreased
Aug 19, 2023	Price Decreased	$140,000 ↓ $10K (6.7%)
Price Decreased
Aug 11, 2023	Relisted	$150,000
Relisted
Jun 21, 2023	No longer available	-
No longer available
May 8, 2023	Listed	$150,000
Listed
Sep 13, 2021	Sold to Patsy Hancock	$105,000
Sold to Patsy Hancock

Property Highlights

Air Conditioning

Building Info

Overview

General

Year Built: 1940

Effective Year Built: 1970
Building Count: 1
Total Rooms: 6
Bedroom Count: 3
Building Condition: Fair
Building Quality: C
Construction Type: Masonry
Roof Cover Type: Asphalt
Floor Count: 1
Living Units: 1
Basement Type: Building with no basement
Basement Area: 0
Garage Type: Attached
Garage Square Area: 264
Parking Space Count: 2

Dimensions

Lot Size Square Feet: 17,032

Total Building Area: 2,076
Gross Building Area: 2,076
Building Area: 1,812
Building Area Measurement: Living Area

Heating and Cooling

Air Conditioning: No air conditioning

Heating: Central heating
Heated Square Feet: 1,812
Heating Fuel Type: unknown

Utilities

Sewer System: Yes

Water Service: Yes

Building

Property Class: Residential

Subdivision: SECTION 16 TOWNSHIP 15 R 04 NW1/4
Land Acres: 0.391
Standard Land Use Code: Single family residential
County Land Use Code: Motor vehicles (cars, trucks, etc.)
Legal Description 1: PT NW1/4 NW1/4 S16 T15 R4 SE COR P.O.B. W129.55 N132.28 E129.55 S132.28 TO BEG

Ownership

Current Owner : HANCOCK PATSY

Previous Owner : HANCOCK PATSY
Previous Owner 2: HANCOCK JAMES
Is Owner Occupied: Owner-occupied property

Neighborhood

School District Name: Indianapolis Public Schools

Census Tract: 357400

Zoning

Zoning: ZO01

Geography

Assessors Map Reference: 2338-D6

District: 0001
Section: 160
Parcel: 49-10-16-154-019.000-101
Meridian: SEC 16 TWN 15 RNG 4
Municipality: CENTER TOWNSHIP
Latitude: 39.7493
Longitude: -86.0975

Address

Full Address: 4018 Terrace Ave

Address - House Number: 4018
Address - Street Name: Terrace
Address - Suffix Type: Ave
State: IN
City Name: Indianapolis
Carrier Code: C038
4-Digit Zip Code: 2334
Zip Code: 46203

Valuation

Tax

Total Area: 1,812

Tax Year: 2022
Tax Amount: $2,630
Tax Rate Code Area: 101

Appraisal Valuation

Standard Deviation: 0.1635

Valuation Date: Jan 27, 2024
Confidence Score: 79
Final Value: 110,111
High Value: 128,122
Low Value: 92,099

Open Liens

Total Open Liens: 1

Total Open Liens Amount: $84,000
First Open Lien Mortgage Lender: ROYAL UNITED MORTGAGE LLC
First Open Lien Mortgage Recording Date: Sep 13, 2021
First Open Lien Mortgage Loan Amount: $84,000
First Open Lien Mortgage Term: 360
First Open Lien Mortgage Position: 1
First Open Lien Mortgage Loan Type: New Conventional

Market Valuation

Market Total Value: $73,000

Market Land Value: $7,800
Market Improvement Value: $65,200

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $73,000
Assessed Land Value: $7,800
Assessed Improvements Value: $65,200

Exemptions

Disabled Exemption: Yes

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Aug 20, 2021

Current Sale Recording Date: Sep 13, 2021
Current Sale Transaction ID: 11857411110
Current Sale Price: $105,000
Current Sale Document Type: Intrafamily Transfer & Dissolution
Current Sale Input Document Number: A202100121394

Last Sale Mortgage

First Mortgage Lender: ROYAL UNITED MORTGAGE LLC

First Mortgage Transaction Date: Sep 13, 2021
First Mortgage Loan Amount: $84,000
First Mortgage Terms: 360
First Mortgage Loan Type: New Conventional

Redact Ownership Info

Comparables

4706 Fletcher Avenue

Active

House

3 Beds

2 Baths

955 ft²

$141/ft²

$135,000 Jul 6, 2023

3307 Carpenter Court

In Contract

House

3 Beds

1 Bath

1,050 ft²

$162/ft²

$170,000 Aug 1, 2023

1306 South Sherman Drive

In Contract

House

3 Beds

1 Bath

912 ft²

$170/ft²

$154,900 Jul 14, 2023

3337 Prospect Street

Active

House

3 Beds

1 Bath

900 ft²

$196/ft²

$175,950 Feb 6, 2023

3135 East Minnesota Street

Active

House

3 Beds

1 Bath

1,032 ft²

$121/ft²

$125,000 Apr 25, 2023

4658 Wentworth Boulevard

In Contract

House

2 Beds

1 Bath

1,171 ft²

$145/ft²

$170,000 Jun 15, 2023

1137 South Drexel Avenue

In Contract

House

2 Beds

1 Bath

720 ft²

$188/ft²

$135,000 May 30, 2023

About Near Southeast

Stats & Trends

Median Asking:

$154,900

Sale Price/ft²

$143

Below Asking

0.03%

Average Days on Market

Average Home Size

1422 ft²

Average Home Age

80.8 years

Currently For Sale

38 Listings

Similar Homes for Sale

Unit for sale at 3135 East Minnesota Street, Indianapolis, IN 46203

$125,000

3 Beds
1 Bath
1,032 ft²

3135 East Minnesota Street, Indianapolis, IN 46203 Listing by Jordan Moody

Unit for sale at 3337 Prospect Street, Indianapolis, IN 46203

$175,950

3 Beds
1 Bath
900 ft²

3337 Prospect Street, Indianapolis, IN 46203 Listing by Jevon Hill

Unit for sale at 4706 Fletcher Avenue, Indianapolis, IN 46203

$135,000

3 Beds
2 Baths
955 ft²

4706 Fletcher Avenue, Indianapolis, IN 46203 Listing by Jordan Moody

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Nearby Rentals

Unit for rent at 814 Villa, indianapolis, IN, 46203

$1,500 /mo

2 Beds
2.5 Baths

814 Villa, Indianapolis, IN, 46203 Listing by Manager

Unit for rent at 836-838 N Oxford St, Indianapolis, IN, 46201

$1,525 /mo

3 Beds
2 Baths
1,230 ft²

836-838 N Oxford St #838 N Oxford St, Indianapolis, IN, 46201 Listing by Manager

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4018 Terrace Avenue E

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Ownership

Neighborhood

Zoning

Geography

Valuation

Comparables

About Near Southeast

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions