Built in 1890, this 3-bedroom, 2.5-bath home offers 1,660 square feet of well-maintained living space that blends historic character located in Bates - Hendricks. Situated on a spacious 6,600-square-foot lot, this 1.5-story home provides plenty of room both inside and out.
Active
Price cut: $10K (7/18)
$390,000
338 Terrace Ave, Indianapolis, IN 46225
3beds
2,220sqft
Residential, Single Family Residence
Built in 1890
6,534 Square Feet Lot
$-- Zestimate®
$176/sqft
$-- HOA
What's special
Historic character
- 56 days |
- 224 |
- 24 |
Zillow last checked:
Listing updated:
Listed by:
Lindsay Jones 317-945-3632,
The Stewart Home Group,
Emma Hernandez,
The Stewart Home Group
Source: MIBOR as distributed by MLS GRID,MLS#: 22110234
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 1
Primary bedroom
- Level: Main
- Area: 156 Square Feet
- Dimensions: 13X12
Bedroom 2
- Level: Upper
- Area: 99 Square Feet
- Dimensions: 11X9
Bedroom 3
- Level: Upper
- Area: 120 Square Feet
- Dimensions: 12X10
Kitchen
- Level: Main
- Area: 360 Square Feet
- Dimensions: 24X15
Living room
- Level: Main
- Area: 156 Square Feet
- Dimensions: 13X12
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Oven, Refrigerator
Features
- Double Vanity, High Ceilings, Tray Ceiling(s), Kitchen Island, Entrance Foyer, High Speed Internet, Wired for Data, Walk-In Closet(s)
- Basement: Finished,Finished Ceiling
Interior area
- Total structure area: 2,220
- Total interior livable area: 2,220 sqft
- Finished area below ground: 560
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
Features
- Levels: One and One Half
- Stories: 1
- Patio & porch: Covered, Deck
Lot
- Size: 6,534 Square Feet
Details
- Additional parcels included: 342 Terrace
- Parcel number: 491113218032000101
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: A-Frame
- Property subtype: Residential, Single Family Residence
Materials
- Vinyl Siding, Wood Siding
- Foundation: Block
Condition
- New construction: No
- Year built: 1890
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: Woodruff Sub Morris Add
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $176/sqft
- Tax assessed value: $368,600
- Annual tax amount: $2,386
- Date on market: 6/27/2026
- Cumulative days on market: 57 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/18/2026 | Price change | $390,000-2.5%$176/sqft |
Source:  MIBOR as distributed by MLS GRID #22110234 Report a problem | ||
| 6/27/2026 | Price change | $399,999+8.1%$180/sqft |
Source: MIBOR as distributed by MLS GRID #22110234 Report a problem | ||
| 2/4/2024 | Pending sale | $369,999$167/sqft |
Source: MIBOR as distributed by MLS GRID #21958493 Report a problem | ||
| 1/30/2024 | Price change | $369,999-2.4%$167/sqft |
Source: MIBOR as distributed by MLS GRID #21958493 Report a problem | ||
| 1/5/2024 | Listed for sale | $379,000$171/sqft |
Source: MIBOR as distributed by MLS GRID #21958493 Report a problem | ||
| 12/7/2023 | Listing removed | -- |
Source: MIBOR as distributed by MLS GRID #21950129 Report a problem | ||
| 11/16/2023 | Price change | $379,000-2.6%$171/sqft |
Source: MIBOR as distributed by MLS GRID #21950129 Report a problem | ||
| 10/24/2023 | Listed for sale | $389,000+151%$175/sqft |
Source: MIBOR as distributed by MLS GRID #21950129 Report a problem | ||
| 2/6/2023 | Sold | $155,000-18.4%$70/sqft |
Source: MIBOR as distributed by MLS GRID #21900400 Report a problem | ||
| 1/21/2023 | Pending sale | $190,000$86/sqft |
Source: MIBOR as distributed by MLS GRID #21900400 Report a problem | ||
| 1/13/2023 | Listed for sale | $190,000$86/sqft |
Source: MIBOR as distributed by MLS GRID #21900400 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,385 +122.2% | $368,600 +82% |
| 2024 | $1,073 -4.4% | $202,500 +77.9% |
| 2023 | $1,123 +6.8% | $113,800 +5.2% |
| 2022 | $1,052 +3.8% | $108,200 +7.6% |
| 2021 | $1,013 +80.6% | $100,600 +1.8% |
| 2020 | $561 +10.4% | $98,800 +34.8% |
| 2019 | $508 -14.6% | $73,300 +13.6% |
| 2018 | $595 -7.5% | $64,500 +18.6% |
| 2017 | $643 +66.9% | $54,400 |
| 2016 | $385 +9.9% | $54,400 +13.3% |
| 2014 | $351 -11% | $48,000 +2.1% |
| 2013 | $394 | $47,000 -0.2% |
| 2012 | $394 | $47,100 -2.1% |
| 2011 | -- | $48,100 |
| 2010 | $375 +11.4% | $48,100 |
| 2009 | $337 | $48,100 -9.9% |
| 2007 | -- | $53,400 -19.5% |
| 2006 | -- | $66,300 +59.8% |
| 2005 | -- | $41,500 |
| 2004 | -- | $41,500 |
| 2003 | -- | $41,500 +117.3% |
| 2002 | -- | $19,100 +199.8% |
| 2001 | -- | $6,370 +1.6% |
| 2000 | -- | $6,270 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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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: 1.4 mi
- 2/10Arsenal Technical High SchoolGrades: 9-12Distance: 2.1 mi
- $157,3002 bd-- ba1.9k sqft334 Terrace Ave, Indianapolis, IN 46225Off Market
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- $3,0004 bd3 ba2.5k sqft350 Terrace Ave, Indianapolis, IN 46225For Rent
- $260,0003 bd3 ba2.8k sqft1401 S Alabama St, Indianapolis, IN 46225For Sale
- $368,0003 bd3 ba1.2k sqft354 Terrace Ave, Indianapolis, IN 46225Sold
A local agent can set up tours, give advice and negotiate with sellers.
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