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  • $347,000

    318 Terrace Ave, Indianapolis, IN 46225

    2beds
    1,890sqft
    Residential, Single Family Residence
    Built in 1890
    3,484.8 Square Feet Lot
    $354,400 Zestimate®
    $184/sqft
    $2,215 Estimated rent

    Home value

    $354,400

    $337,000 - $372,000

    $2,215/mo

    Zestimate® history
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    What's special

    Center islandLarge entry wayMaster suiteExpansive kitchen
    Welcome home to this charming home in Bates-Hendricks! Beautiful updates throughout. This home offers a master suite on each level, an expansive kitchen with center island, large entry way and living room. Laundry on the main level. Fenced-in front and backyard. The back yard entertaining space is waiting for your summer festivities! While you are checking out the backyard, do not forget to visit the recently built 2 car garage with an expansive large gathering space upstairs. Both the main level and upper level of the garage are complete with their own heating/cooling. The balcony on the second level is complete with a lighted balcony with great views of downtown Indianapolis. Great location just minutes from downtown! New roof!

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Andrew Tanner 317-287-4920,

    Hemrick Property Group Inc.

    Bought with:

    Lindsey Mounce

    Tyler Knows Real Estate LLC

    Source: MIBOR as distributed by MLS GRID,MLS#: 21916916MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    • Main level bathrooms: 2
    • Main level bedrooms: 1
    Primary bedroom
    • Features: Engineered Hardwood
    • Level: Main
    • Area: 210 Square Feet
    • Dimensions: 15x14
    Bedroom 2
    • Level: Upper
    • Area: 120 Square Feet
    • Dimensions: 15x8
    Foyer
    • Features: Engineered Hardwood
    • Level: Main
    • Area: 104 Square Feet
    • Dimensions: 13x8
    Kitchen
    • Features: Engineered Hardwood
    • Level: Main
    • Area: 225 Square Feet
    • Dimensions: 15x15
    Living room
    • Features: Engineered Hardwood
    • Level: Main
    • Area: 270 Square Feet
    • Dimensions: 18x15
    Play room
    • Level: Upper
    • Area: 324 Square Feet
    • Dimensions: 18x18
    Heating
    • Forced Air
    Cooling
    • Has cooling: Yes
    Appliances
    • Included: Dishwasher, Dryer, Disposal, Microwave, Electric Oven, Refrigerator, Washer, Water Purifier, Wine Cooler
    • Laundry: Connections Some, Main Level
    Features
    • Kitchen Island, Entrance Foyer, Smart Thermostat, Walk-In Closet(s)
    • Windows: Screens
    • Basement: Cellar
    Interior area
    • Total structure area: 1,890
    • Total interior livable area: 1,890 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Alley Access, Detached, Garage Door Opener, Heated
    • Garage spaces: 2
    • Details: Garage Parking Other(Finished Garage, Garage Door Opener, Service Door)
    Features
    • Levels: One and One Half
    • Stories: 1
    • Patio & porch: Covered
    • Exterior features: Lighting, Other
    • Has view: Yes
    • View description: Downtown
    Lot
    • Size: 3,484 sqft
    • Features: Fence Full, Not In Subdivision, Sidewalks, Storm Sewer, Street Lights
    Details
    • Parcel number: 491113218018000101
    • Other equipment: Home Theater

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Residential, Single Family Residence
    Materials
    • Cement Siding
    • Foundation: Block, Brick/Mortar
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1890

    Utilities & green energy

    • Electric: 100 Amp Service
    • Water: Municipal/City
    • Utilities for property: Sep Electric Meter

    Community & neighborhood

    Security
    • Security features: Security Service
    Location
    • Region: Indianapolis
    • Subdivision: Dunlop & Tutewilers

    Price history

    DateEventPrice
    9/7/2023Sold$347,000-5.9%$184/sqft
    Source: MIBOR as distributed by MLS GRID #21916916 Report a problem
    8/9/2023Pending sale$368,900$195/sqft
    Source: MIBOR as distributed by MLS GRID #21916916 Report a problem
    7/29/2023Listed for sale$368,900$195/sqft
    Source: MIBOR as distributed by MLS GRID #21916916 Report a problem
    7/7/2023Listing removed--
    Source: MIBOR as distributed by MLS GRID #21916916 Report a problem
    5/31/2023Pending sale$368,900$195/sqft
    Source: MIBOR as distributed by MLS GRID #21916916 Report a problem
    5/15/2023Price change$368,900-0.3%$195/sqft
    Source: MIBOR as distributed by MLS GRID #21916916 Report a problem
    4/21/2023Listed for sale$369,900+76.2%$196/sqft
    Source: MIBOR as distributed by MLS GRID #21916916 Report a problem
    9/20/2019Sold$209,900$111/sqft
    Source: Public Record Report a problem
    8/20/2019Pending sale$209,900$111/sqft
    Source: ERA Real Estate Links #21617018 Report a problem
    8/6/2019Price change$209,900-6.7%$111/sqft
    Source: ERA Real Estate Links #21617018 Report a problem
    7/5/2019Price change$224,900-2.2%$119/sqft
    Source: ERA Real Estate Links #21617018 Report a problem
    6/14/2019Price change$229,900-4.2%$122/sqft
    Source: ERA Real Estate Links #21617018 Report a problem
    5/22/2019Price change$239,900-4%$127/sqft
    Source: ERA Real Estate Links #21617018 Report a problem
    5/1/2019Price change$249,900-0.6%$132/sqft
    Source: ERA Real Estate Links #21617018 Report a problem
    4/11/2019Price change$251,400-3.3%$133/sqft
    Source: ERA Real Estate Links #21617018 Report a problem
    2/21/2019Price change$259,900-1.9%$138/sqft
    Source: ERA Real Estate Links #21617018 Report a problem
    2/1/2019Listed for sale$264,900$140/sqft
    Source: ERA Real Estate Links #21617018 Report a problem
    11/29/2018Listing removed$264,900$140/sqft
    Source: ERA Real Estate Links #21573013 Report a problem
    11/27/2018Price change$264,900-1.9%$140/sqft
    Source: ERA Real Estate Links #21573013 Report a problem
    9/26/2018Price change$269,900-7.7%$143/sqft
    Source: ERA Real Estate Links #21573013 Report a problem
    9/14/2018Price change$292,500-0.8%$155/sqft
    Source: ERA Real Estate Links #21573013 Report a problem
    7/18/2018Price change$294,900-1.7%$156/sqft
    Source: ERA Real Estate Links #21573013 Report a problem
    6/8/2018Listed for sale$299,900+361.4%$159/sqft
    Source: ERA Real Estate Links #21573013 Report a problem
    9/30/2017Sold$65,000-13.2%$34/sqft
    Source: MIBOR as distributed by MLS GRID #21496593 Report a problem
    9/30/2017Pending sale$74,900$40/sqft
    Source: Nottingham Realty Group #21496593 Report a problem
    8/17/2017Listed for sale$74,900+70.2%$40/sqft
    Source: Nottingham Realty Group #21496593 Report a problem
    5/25/2017Sold$44,000$23/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,869 +100.6%$346,100 +4.4%
    2024$3,923 +4.2%$331,600 +3.8%
    2023$3,766 +30.3%$319,500 +5%
    2022$2,890 +12.4%$304,400 +22.5%
    2021$2,570 -55.9%$248,400 +12.4%
    2020$5,828 +444.9%$220,900 -9.7%
    2019$1,070 -30.3%$244,600 +444.8%
    2018$1,536 -41.1%$44,900 +17.8%
    2017$2,608 +942.7%$38,100
    2016$250 +12%$38,100 -9.5%
    2014$223 -15.9%$42,100 +2.2%
    2013$266 $41,200 -4.8%
    2012$266 $43,300 -1.1%
    2011-- $43,800
    2010$325 +8.8%$43,800
    2009$299 $43,800 -9.9%
    2007-- $48,600 -18.7%
    2006-- $59,800 +58.6%
    2005-- $37,700
    2004-- $37,700
    2003-- $37,700 +114.2%
    2002-- $17,600

    Find assessor info on the county website

    Neighborhood: Near Southside

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $354,400
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    Estimated market value
    $354,400