Check Availability
$359,900
House - For Sale

722 Terrace Avenue

Indianapolis, IN 46203
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1846 Sqft
$1,768
Estimated Monthly
$0
HOA / Fees

About This Property

Step back in time and experience the charm of yesteryear seamlessly blended with modern amenities in this meticulously renovated 1902 farmhouse nestled in the desirable Bates-Hendricks neighborhood. Boasting 4 bedrooms and 3 full baths, this home exudes character at every turn.     Enter through the front door and be greeted by the warmth of old-world craftsmanship combined with rustic industrial elements, creating a unique ambiance that sets this home apart. The main level features a convenient bedroom with a full bath, perfect for those seeking single-level living.     The heart of the home lies in the expansive great room, where family and friends can gather for memorable moments. Transition seamlessly into the well-appointed kitchen, complete with modern appliances and a cafe area for your daily dose of caffeine.     Step outside to the glorious backyard oasis, offering ample space for outdoor entertaining and relaxation.     Retreat upstairs to find the primary bedroom with an en-suite bath, adorned with custom tile and stonework, adding a touch of luxury to your daily routine. Two additional bedrooms and another full bath complete the upper level.    Conveniently located near entertainment, shopping, dining, and downtown attractions, this home offers the perfect balance of urban convenience and suburban tranquility.    Fully fenced for privacy and security, with gravel off-street parking and the potential to add a garage (seller willing to escrow funds for a new garage build with an acceptable offer).     Don't miss the opportunity to own this meticulously restored farmhouse that seamlessly blends history with modern living. Schedule your showing today!

The manager has listed the unit size as 1846 square feet.
Unit Size
1,846Ft²
Days on Market
36 days
Land Size
0.08 acres
Price per sqft
$195
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1902
Listed By
Last updated: 25 days ago (MIBORIN #21963674)

Price History

Date / Event Date Event Price
Mar 22, 2024 Listed by eXp Realty $359,900
Listed by eXp Realty
Aug 31, 2023 No longer available -
No longer available
Jun 24, 2023 Relisted $339,300
Relisted
May 25, 2023 No longer available -
No longer available
Aug 29, 2022 Listed by List With Freedom.com $339,300
Listed by List With Freedom.com
The Sizzle: Take an historic farmhouse from 1902 and revive it with the old master crafts, rustic industrial and even steampunk elements blended with modern tech in perfect balance. On-site brochure describes the story of the house and the handcrafted appointments. The Practical: Your downstairs bedroom with full bath suits anyone who chooses not to negotiate stairs. The great room for communal/family life makes a turn into a kitchen you can fill with people and still have room to cook up…
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Property Highlights

Fireplace
Air Conditioning
Interior Details

Fireplace Information

Fireplace

Basement Information

Basement

Building Info

Overview

    General

  • Year Built: 1902
  • Effective Year Built: 2011
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 227
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,485
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 350
  • Total Building Area: 2,073
  • Gross Building Area: 2,073
  • Building Area: 1,846
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,846
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: SOUTH PARK SUB SOUTH PARK ADD
  • Land Acres: 0.08
  • Legal Description 1: SOUTH PARK L83

Ownership

  • Current Owner : WHITE KNIGHTS INVEST LLC
  • Previous Owner : LP2 LIMITED LIABILITY COMPANY
  • Owner Before Previous Owner: MARION COUNTY AUDITOR
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 357000

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2337-D6
  • District: 0001
  • Section: 130
  • Parcel: 49-11-13-184-050.000-101
  • Lot: 83
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7484
  • Longitude: -86.1467

    Address

  • Full Address: 722 Terrace Ave
  • Address - House Number: 722
  • Address - Street Name: Terrace
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C023
  • 4-Digit Zip Code: 2729
  • Zip Code: 46203

Valuation

    Tax

  • Total Area: 2,073
  • Tax Year: 2022
  • Tax Amount: $5,616
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 79
  • Final Value: 330,677
  • High Value: 385,105
  • Low Value: 276,250

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $20,000
  • First Open Lien Mortgage Lender: STEVEN REICH
  • First Open Lien Mortgage Recording Date: Feb 26, 2015
  • First Open Lien Mortgage Loan Amount: $20,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $241,600
  • Market Land Value: $34,000
  • Market Improvement Value: $207,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $241,600
  • Assessed Land Value: $34,000
  • Assessed Improvements Value: $207,600

    Sales

  • Current Sale Contract Date: Feb 12, 2015
  • Current Sale Recording Date: Feb 26, 2015
  • Current Sale Transaction ID: 1149809180
  • Current Sale Price: $25,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: A201500016966
  • Previous Sale Recording Date: Mar 22, 2013
  • Previous Sale Amount: $12,400
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: STEVEN REICH
  • First Mortgage Transaction Date: Feb 26, 2015
  • First Mortgage Loan Amount: $20,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
2 Baths
1,816 ft²
$189/ft²
$343,900 Mar 19, 2024
-
-
House
4 Beds
3 Baths
2,172 ft²
$198/ft²
$429,000 Mar 17, 2024
-
-
House
4 Beds
3.5 Baths
2,590 ft²
$120/ft²
$309,900 Jan 26, 2024
-
-
House
4 Beds
3 Baths
2,549 ft²
$165/ft²
$420,000 Mar 12, 2024
-
-
House
3 Beds
2.5 Baths
1,760 ft²
$227/ft²
$399,900 Mar 5, 2024
-
-
House
3 Beds
2 Baths
1,836 ft²
$176/ft²
$322,500 Nov 30, 2023
-
-
House
3 Beds
3 Baths
2,018 ft²
$193/ft²
$389,900 Jan 31, 2024
-
-
House
3 Beds
2 Baths
1,671 ft²
$194/ft²
$325,000 Mar 13, 2024
-
-
House
3 Beds
2 Baths
2,146 ft²
$181/ft²
$389,000 Jan 25, 2024
-
-
House
5 Beds
2 Baths
2,328 ft²
$142/ft²
$330,000 Feb 7, 2024
-
-
House
3 Beds
2.5 Baths
935 ft²
$353/ft²
$330,000 Feb 29, 2024
-
-
Condo
2 Beds
2 Baths
1,643 ft²
$183/ft²
$299,900 May 25, 2023
-
$541/mo

About Near Southside


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Frequently Asked Questions

When was property at 722 Terrace Avenue built and last sold?
The property at 722 Terrace Avenue was built in 1902 and last sold on Feb 12, 2015 for $25,000.
How much is this home worth?
The estimated value of the home located at 722 Terrace Avenue is $362,978.
What are some comparable homes to 722 Terrace Avenue?
Homes that are comparable to 722 Terrace Avenue include a house property at 425 Sanders Street, 305 Parkway Avenue, 437 Sanders Street.

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