Spacious 5 bed, 3 bath home set on roughly 2.5 peaceful acres, complete with a charming 1 bed, 1 bath guest house. The main home offers generous square footage, flexible living areas, and tons of potential for updates to fit your style. Whether you're looking to create your dream residence or take advantage of a strong investment opportunity, this property delivers space, privacy, and endless options. The separate guest house is perfect for extended family, visitors, or rental income, and the wide-open acreage gives you room to expand, garden, entertain, or just breathe. A rare chance to make a truly versatile property your own.
Sold
$275,000
5429 E Terrace Ave, Indianapolis, IN 46203
5beds
2,668sqft
Residential, Single Family Residence
Built in 1949
2.18 Acres Lot
$275,700 Zestimate®
$103/sqft
$2,698 Estimated rent
Home value
$275,700
$262,000 - $289,000
$2,698/mo
Zestimate® history
Owner options
List your home for rent
$2,698/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$2,698/mo
Rent Zestimate®
Refinance and save
$1,725/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$1,725/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Wide-open acreage
Zillow last checked:
Listing updated:
Listed by:
Sarah Fishburn 317-989-5613,
F.C. Tucker Company,
Brandon Fishburn 317-445-5189
Bought with:
Sathya Kattragadda
CENTURY 21 Scheetz
Rebecca Upton
CENTURY 21 Scheetz
Source: MIBOR as distributed by MLS GRID,MLS#: 22072406
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 2
- Main level bedrooms: 1
Primary bedroom
- Features: Tile-Ceramic
- Level: Main
- Area: 150 Square Feet
- Dimensions: 15x10
Bedroom 2
- Level: Upper
- Area: 120 Square Feet
- Dimensions: 12x10
Bedroom 3
- Level: Upper
- Area: 120 Square Feet
- Dimensions: 12x10
Bedroom 4
- Level: Upper
- Area: 120 Square Feet
- Dimensions: 12x10
Bedroom 5
- Level: Upper
- Area: 120 Square Feet
- Dimensions: 12x10
Bonus room
- Level: Upper
- Area: 228 Square Feet
- Dimensions: 19x12
Dining room
- Level: Main
- Area: 180 Square Feet
- Dimensions: 15x12
Kitchen
- Level: Main
- Area: 238 Square Feet
- Dimensions: 17x14
Living room
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12x10
Office
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12x10
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Microwave, Gas Oven, Refrigerator
Features
- Eat-in Kitchen
- Has basement: No
Interior area
- Total structure area: 2,668
- Total interior livable area: 2,668 sqft
Property
Parking
- Parking features: None, Detached
Features
- Levels: Two
- Stories: 2
Lot
- Size: 2.18 Acres
Details
- Additional structures: Guest House
- Additional parcels included: 491015133011.000700, 491015133008.000700.
- Parcel number: 491015133010000700
- Special conditions: As Is
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Vinyl With Brick
- Foundation: Block
Condition
- New construction: No
- Year built: 1949
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: No Subdivision
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $103/sqft
- Tax assessed value: $150,700
- Annual tax amount: $1,854
- Date on market: 11/12/2025
- Cumulative days on market: 52 days
Price history
| Date | Event | Price |
|---|---|---|
| 3/25/2026 | Sold | $275,000-3.5%$103/sqft |
Source:  MIBOR as distributed by MLS GRID #22072406 Report a problem | ||
| 1/2/2026 | Pending sale | $285,000$107/sqft |
Source: MIBOR as distributed by MLS GRID #22072406 Report a problem | ||
| 11/12/2025 | Listed for sale | $285,000$107/sqft |
Source: MIBOR as distributed by MLS GRID #22072406 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,854 +6.2% | $150,700 -7.8% |
| 2024 | $1,745 +21.4% | $163,400 +5.6% |
| 2023 | $1,438 +13% | $154,800 +16.8% |
| 2022 | $1,273 +12.5% | $132,500 +12.5% |
| 2021 | $1,131 -11.3% | $117,800 +3% |
| 2020 | $1,276 0% | $114,400 -3% |
| 2019 | $1,276 +12.5% | $117,900 |
| 2018 | $1,134 -2% | $117,900 +5.7% |
| 2017 | $1,157 +29.6% | $111,500 +9.1% |
| 2016 | $893 -9.8% | $102,200 +0.5% |
| 2014 | $989 +24.8% | $101,700 +41.4% |
| 2013 | $793 | $71,900 -20.6% |
| 2012 | $793 | $90,600 -16% |
| 2011 | -- | $107,800 |
| 2010 | $1,052 +11.3% | $107,800 -4.3% |
| 2009 | $946 | $112,700 |
Find assessor info on the county website
Neighborhood: Southeast
Nearby homes
- $221,900-- bd-- ba-- sqft5429 E Terrace Ave, Indianapolis, IN 46203Off Market
- $155,0003 bd1 ba1.2k sqft5431 E Terrace Ave, Indianapolis, IN 46203Sold
- $110,6002 bd-- ba967 sqft5426 E Terrace Ave, Indianapolis, IN 46203Off Market
- $118,1002 bd-- ba888 sqft5420 E Terrace Ave, Indianapolis, IN 46203Off Market
- $1,500-- bd-- ba-- sqft5420 E Terrace Ave, Indianapolis, IN 46203Off Market
- $192,3003 bd2 ba1.3k sqft1264 S Whittier Pl, Indianapolis, IN 46203Off Market
- $148,6002 bd1 ba720 sqft5468 E Terrace Ave, Indianapolis, IN 46203Off Market
- $116,0004 bd1 ba1.2k sqft5402 E Terrace Ave, Indianapolis, IN 46203Off Market
Nearby schools
GreatSchools rating
- 5/10Lowell Elementary SchoolGrades: K-4Distance: 1.5 mi
- 4/10Raymond Park Middle School (7-8)Grades: 5-8Distance: 3.3 mi
- 2/10Warren Central High SchoolGrades: 9-12Distance: 5 mi
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$275,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$275,700
- Indiana
- Marion County
- Indianapolis
- 46203
- Southeast
- 5429 E Terrace Ave
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Indianapolis Topics
