Renovated from top to bottom, this 3-bed / 2.5-bath Bates-Hendricks home is sure to impress. Previously featured on HGTV's Good Bones, the home offers an open-concept main level with durable laminate hardwood flooring and great natural flow for everyday living. The spacious kitchen features tons of storage, stainless steel appliances, open shelving, a walk-in pantry, and a large island perfect for gathering. A flexible main-level room works well as a home office or third bedroom. Upstairs, you'll find the primary suite with a spacious bathroom and walk-in closet, along with a second bedroom and full bath with generous closet space. The fully fenced backyard features a large deck-ideal for relaxing or hosting. Washer and dryer included. Ideally located near Fountain Square, Garfield Park, and downtown Indianapolis, this home offers easy access to the Eli Lilly campus, Lucas Oil Stadium, Gainbridge Fieldhouse, and I-465 for convenient commuting throughout the city.
Sold
$335,000
518 Terrace Ave, Indianapolis, IN 46203
3beds
1,869sqft
Residential, Single Family Residence
Built in 1909
3,484.8 Square Feet Lot
$336,600 Zestimate®
$179/sqft
$2,025 Estimated rent
Home value
$336,600
$316,000 - $360,000
$2,025/mo
Zestimate® history
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Open-concept main levelOpen shelvingTons of storageSpacious kitchenStainless steel appliancesFully fenced backyardWalk-in pantry
Zillow last checked:
Listing updated:
Listing Provided by:
Mia Schulte 630-809-2450,
eXp Realty LLC,
Alex Montagano
Bought with:
Chanda Johnson
Maywright Property Co.
Source: MIBOR as distributed by MLS GRID,MLS#: 22087604
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Primary bedroom
- Level: Upper
- Area: 169 Square Feet
- Dimensions: 13x13
Bedroom 2
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10x10
Bedroom 3
- Level: Upper
- Area: 156 Square Feet
- Dimensions: 12x13
Dining room
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10x10
Family room
- Level: Main
- Area: 224 Square Feet
- Dimensions: 14x16
Kitchen
- Level: Main
- Area: 180 Square Feet
- Dimensions: 15x12
Laundry
- Level: Main
- Area: 48 Square Feet
- Dimensions: 6x8
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Electric Water Heater, Disposal, MicroHood, Electric Oven, Refrigerator, Washer
Features
- High Ceilings, Breakfast Bar
- Basement: Unfinished
Interior area
- Total structure area: 1,869
- Total interior livable area: 1,869 sqft
- Finished area below ground: 0
Property
Parking
- Parking features: Alley Access, Gravel
Features
- Levels: One and One Half
- Stories: 1
- Patio & porch: Deck
- Fencing: Fenced,Full
Lot
- Size: 3,484 sqft
- Features: Sidewalks
Details
- Parcel number: 491113184003000101
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Cement Siding
- Foundation: Block, Brick/Mortar
Condition
- New construction: No
- Year built: 1909
Utilities & green energy
- Water: Public
Community & neighborhood
Location
- Region: Indianapolis
- Subdivision: South Park
Price history
| Date | Event | Price |
|---|---|---|
| 5/4/2026 | Sold | $335,000-4.3%$179/sqft |
Source:  MIBOR as distributed by MLS GRID #22087604 Report a problem | ||
| 3/20/2026 | Pending sale | $350,000$187/sqft |
Source: MIBOR as distributed by MLS GRID #22087604 Report a problem | ||
| 3/11/2026 | Listed for sale | $350,000+12.9%$187/sqft |
Source: MIBOR as distributed by MLS GRID #22087604 Report a problem | ||
| 1/9/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 12/8/2023 | Price change | $2,295-3.4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/18/2023 | Price change | $2,375-2.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/26/2023 | Price change | $2,425-3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/6/2023 | Listed for rent | $2,500$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/18/2021 | Sold | $310,000-1.6%$166/sqft |
Source: MIBOR as distributed by MLS GRID #21810649 Report a problem | ||
| 9/10/2021 | Pending sale | $315,000$169/sqft |
Source: MIBOR as distributed by MLS GRID #21810649 Report a problem | ||
| 9/3/2021 | Listed for sale | $315,000+39.4%$169/sqft |
Source: MIBOR as distributed by MLS GRID #21810649 Report a problem | ||
| 4/8/2016 | Sold | $226,000-3.4%$121/sqft |
Source: MIBOR as distributed by MLS GRID #21387068 Report a problem | ||
| 3/10/2016 | Pending sale | $234,000$125/sqft |
Source: Nottingham Realty Group #21387068 Report a problem | ||
| 1/4/2016 | Price change | $234,000+2.2%$125/sqft |
Source: Nottingham Realty Group #21387068 Report a problem | ||
| 11/11/2015 | Listed for sale | $229,000+4625.5%$123/sqft |
Source: Nottingham Realty Group #21387068 Report a problem | ||
| 10/1/2010 | Sold | $4,846-67.7%$3/sqft |
Source: Public Record Report a problem | ||
| 5/2/2009 | Listing removed | $15,000$8/sqft |
Source: XDeadline.com Inc #2851085 Report a problem | ||
| 11/16/2008 | Price change | $15,000+26.1%$8/sqft |
Source: XDeadline.com Inc #2851085 Report a problem | ||
| 10/14/2008 | Price change | $11,900-20.7%$6/sqft |
Source: Century 21 #2851085 Report a problem | ||
| 9/11/2008 | Listed for sale | $15,000-76.8%$8/sqft |
Source: Century 21 #2851085 Report a problem | ||
| 9/9/2008 | Sold | $64,657+121%$35/sqft |
Source: Public Record Report a problem | ||
| 6/21/2006 | Sold | $29,250$16/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,362 +98.9% | $368,400 +4.5% |
| 2024 | $4,203 -48.1% | $352,400 |
| 2023 | $8,099 +129.7% | $352,400 +2.6% |
| 2022 | $3,526 +6.2% | $343,500 +13.7% |
| 2021 | $3,321 +10.4% | $302,200 +6.7% |
| 2020 | $3,009 +9.7% | $283,200 +12.2% |
| 2019 | $2,743 +23.8% | $252,300 +10.3% |
| 2018 | $2,216 +24.9% | $228,700 +9.7% |
| 2017 | $1,774 +36.3% | $208,500 +23.9% |
| 2016 | $1,302 | $168,300 |
| 2014 | -- | -- |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2010 | $1,214 +4.5% | $58,400 +7.2% |
| 2009 | $1,162 | $54,500 -11.8% |
| 2007 | -- | $61,800 -0.6% |
| 2006 | -- | $62,200 +60.3% |
| 2005 | -- | $38,800 |
| 2004 | -- | $38,800 |
| 2003 | -- | $38,800 +632.1% |
| 2001 | -- | $5,300 |
| 2000 | -- | $5,300 |
Find assessor info on the county website
Neighborhood: Near Southside
Nearby schools
GreatSchools rating
- 3/10James A. Garfield School 31Grades: PK-5Distance: 0.3 mi
- 4/10Francis W. Parker School 56Grades: PK-8Distance: 3.7 mi
- 1/10Arsenal Technical High SchoolGrades: 9-12Distance: 2.1 mi
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Estimated market value
$336,600
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Estimated market value
$336,600
- Indiana
- Marion County
- Indianapolis
- 46203
- Near Southside
- 518 Terrace Ave
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