Discover a truly special opportunity at 302 Terrace AVE in Indianapolis, IN. This attractive single-family residence, built in 1890, spans 1132 square feet and is in great condition, offering a unique blend of historical charm and contemporary comfort. The kitchen is thoughtfully designed with a practical peninsula, creating an inviting space for culinary endeavors and casual dining. With a private yard and an inviting outdoor dining area, this property extends your living space into the fresh air. A convenient laundry area simplifies daily routines, and a charming porch provides a welcoming entry point. This home qualifies for a Bank of America Mortgage Home Loan Grant! America's Home Grant program, offered by Bank of America, provides a lender credit that covers up to $10,000 toward your buyer's down payment PLUS $7,500 in closing costs for a total of up to $17,500 in FREE MONEY! The best part? This gift is completely free and doesn't have to be repaid! Who doesn't like free money?!
Active
Price cut: $100 (6/19)
$324,900
302 Terrace Ave, Indianapolis, IN 46225
2beds
1,650sqft
Residential, Single Family Residence
Built in 1890
3,484 Square Feet Lot
$-- Zestimate®
$197/sqft
$-- HOA
What's special
Inviting outdoor dining areaConvenient laundry areaPrivate yard
- 95 days |
- 95 |
- 15 |
Zillow last checked:
Listing updated:
Listed by:
Joy Eder 317-753-4912,
Crossroads Real Estate Group LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22087637
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 2
Primary bedroom
- Level: Main
- Area: 140 Square Feet
- Dimensions: 14x10
Bedroom 2
- Level: Main
- Area: 132 Square Feet
- Dimensions: 11x12
Kitchen
- Level: Main
- Area: 182 Square Feet
- Dimensions: 14x13
Living room
- Level: Main
- Area: 294 Square Feet
- Dimensions: 21x14
Loft
- Level: Upper
- Area: 96 Square Feet
- Dimensions: 8x12
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Washer, Gas Water Heater
- Laundry: Main Level
Features
- Built-in Features, Breakfast Bar
- Basement: Unfinished
Interior area
- Total structure area: 1,650
- Total interior livable area: 1,650 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Detached
- Garage spaces: 1
- Details: Garage Parking Other(Other)
Features
- Levels: One Leveland + Loft
- Stories: 1
- Patio & porch: Covered, Deck
- Fencing: Fenced,Fence Complete
Lot
- Size: 3,484 Square Feet
- Features: Curbs, Sidewalks
Details
- Parcel number: 491113218022000101
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Wood Siding
- Foundation: Brick/Mortar
Condition
- New construction: No
- Year built: 1890
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: Dunlop & Tutewilers
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $197/sqft
- Tax assessed value: $296,500
- Annual tax amount: $3,420
- Date on market: 5/20/2026
- Cumulative days on market: 97 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/19/2026 | Price change | $324,9000%$197/sqft |
Source:  MIBOR as distributed by MLS GRID #22087637 Report a problem | ||
| 5/27/2026 | Price change | $325,000-3%$197/sqft |
Source: MIBOR as distributed by MLS GRID #22087637 Report a problem | ||
| 5/20/2026 | Listed for sale | $335,000+8.1%$203/sqft |
Source: MIBOR as distributed by MLS GRID #22087637 Report a problem | ||
| 8/15/2022 | Sold | $310,000+3.3%$188/sqft |
Source: MIBOR as distributed by MLS GRID #21863324 Report a problem | ||
| 7/8/2022 | Pending sale | $300,000$182/sqft |
Source: MIBOR as distributed by MLS GRID #21863324 Report a problem | ||
| 6/22/2022 | Listed for sale | $300,000+200%$182/sqft |
Source: MIBOR as distributed by MLS GRID #21863324 Report a problem | ||
| 4/26/2018 | Sold | $100,000+733.3%$61/sqft |
Source: Public Record Report a problem | ||
| 6/7/2015 | Listing removed | $750 |
Source: Advisory Real Estate Group, Inc. Report a problem | ||
| 5/28/2015 | Listed for rent | $750 |
Source: Advisory Real Estate Group, Inc. Report a problem | ||
| 2/12/2015 | Sold | $12,000$7/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,421 +4.5% | $296,500 +3.5% |
| 2024 | $3,274 +63.2% | $286,500 +3.7% |
| 2023 | $2,006 +53.4% | $276,400 +61.6% |
| 2022 | $1,308 +5.2% | $171,000 +46.8% |
| 2021 | $1,243 +184.3% | $116,500 +5% |
| 2020 | $437 +10.5% | $111,000 +94.4% |
| 2019 | $395 -58.2% | $57,100 +13.7% |
| 2018 | $945 -1% | $50,200 +16.7% |
| 2017 | $954 +7.8% | $43,000 |
| 2016 | $885 +8.7% | $43,000 +13.5% |
| 2014 | $815 +269.6% | $37,900 +2.2% |
| 2013 | $220 | $37,100 -2.1% |
| 2012 | $220 | $37,900 |
| 2011 | -- | $37,900 |
| 2010 | $206 +11.4% | $37,900 |
| 2009 | $184 | $37,900 -9.3% |
| 2007 | -- | $41,800 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Near Southside
Nearby schools
GreatSchools rating
- 5/10James A. Garfield School 31Grades: PK-5Distance: 0.2 mi
- 4/10Edison School of the Arts 47Grades: K-8Distance: 1.3 mi
- 2/10Arsenal Technical High SchoolGrades: 9-12Distance: 2.1 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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