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$250,000 ↓$5,000on 10/25/2024

430 Terrace Avenue Indianapolis, IN  46225

  • 3 Beds
  • 2 Baths
  • 864 sq. Ft

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Property Description for 430 Terrace Avenue Indianapolis, IN 46225

Featured on HGTV's House Hunters. This Bates Hendricks duplex is a prime opportunity for savvy investors seeking an active MTR/STR property. Upper unit has it's own private side entrance that leads up to a fully furnished 1BR/1BA unit. Stocked fully for a furnished rental with great proximity to the downtown hospitals. Enter the lower unit through the front or back door to find a spacious 2BR/1BA. New main level bath just completed. Old Indy charm fills this unit with wood panel ceilings and accent lighting as featured on House Hunters! All you need to generate two revenues from one property! Fully fenced yard with gated parking in the rear on a large concrete slab covered by a carport. Keyless entry pads on both units make transitions a breeze! This one is perfect for you next investment. New Mini split dual units installed in upper unit for private heating and cooling.
QuickBuy option for home selling

Address:430 Terrace Avenue Indianapolis IN 46225
Status:Active
on site: 175 days
Price:$250,000
Bedrooms:3 Beds
Bathrooms:2 Full Baths
Sq. Feet:864
Year Built:1895
Lot Size:0.08
County: Marion
Township: Center
MLS #:21985402
Property Type:Single Family Residence

Lot Dimensions:3311
Lot Features:Sidewalks
Water Source:Municipal/City
Directions:65 S to East street exit. South on East Street. Right on Terrace and home is on the left
Main Level Sq. Ft. :864
Total Sq. Ft. :864

Loan Price
$1,632
Price And Interest $1,304/month
Property Tax $224/month
MTG INS $0/month
HOME INS $104/month
Price
$250,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$224/month
Home Owner Insurance
$1,248 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
10/25/24 $255,000 $250,000 -1.96%
09/30/24 $269,900 $255,000 -5.52%
09/19/24 $279,900 $269,900 -3.57%
08/27/24 $289,900 $279,900 -3.45%
08/19/24 $299,900 $289,900 -3.33%
07/10/24 $310,000 $299,900 -3.26%

RoomSizeLevel
Primary Bedroom 10x9 Main
Kitchen 10x8 Main
Great Room 21x13 Main
Bedroom 2 12x10 Main
Bedroom 3 15x13 Upper
Kitchen 15x10 Upper

Semi-Annual Property Tax:$1,343
Tax Year:2023
Mandatory HOA Fee:$

Area: 4913 - Marion - Center Se
City:Indianapolis
Subdivision: Dunlop & Tutewilers
Zip Code:46225

Total Sq. Ft.:864
Interior Features:Breakfast Bar, Cathedral Ceiling(s), Raised Ceiling(s), Hardwood Floors, Hi-Speed Internet Availbl
Interior Area(s):Bedroom Other on Main
Eating Area(s):Breakfast Room, Dining Combo/Great Room
Appliances:Electric Cooktop, Dishwasher, Disposal, Microwave, Electric Oven, Refrigerator, Bar Fridge, Double Oven, Gas Water Heater
Equipment:Not Applicable
Exterior Type:Wood
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Electric Cooktop, Dishwasher, Disposal, Microwave, Electric Oven, Refrigerator, Bar Fridge, Double Oven, Gas Water Heater
Total Rooms:6
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Listing provided courtesy of Beau Matlock with Matlock Realty Group from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 06/16/2024 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.





Indianapolis Market Report

130
Avg. DOM
$187.92
Avg. $ / Sq.Ft.
$ 389,000
Med. List Price

The house prices in Indianapolis are indeed dropping at the moment. There has been a decrease in price of $1,436.60. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Indianapolis are going Down. The average house price is $265,000.00 and the average price per square feet is $153.99 per square feet. At the moment, the amount of homes listed is exactly 9886 houses, with 2272 with active status, 1101 with pending status and 6513 sold in Indianapolis .

The most popular place to buy a home in Indianapolis is 4903 - Marion - Washington. 4903 - Marion - Washington is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Indianapolis .

The average amount of property taxes you would have to pay for a home in Indianapolis is $3,058.56. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Indianapolis are staying listed for an average of 69 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Indianapolis was 1296 minutes ago.

At the moment we have 90 open houses that you can visit.

The cost of the most expensive home in Indianapolis is $7,750,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Indianapolis is $38,900.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Indianapolis in year 1827 and the newest built house is in year 2025.

The average size of properties in Indianapolis is 2103.24 sq.ft. , the biggest one being 13549 sq.ft. and the smaller being 252 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.

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