Off Market2388d on market
438 Terrace Ave
Indianapolis, IN, 46225 • Near Southside • Marion County
$234,500
$195/sqft
2Beds
3Baths
1,200Sqft
Property DNA
Outdoor Living
Porch
Hardwood Floors
Quality flooring throughout
Market activity
Demand and pricing signals for this listing
3 views
People checking out this listing
2388 days on market
Established listing
$195/sqft
Price per square foot
About this home
Single Family
Fantastic remodeled 2br/2.5ba home in the heart of Bates Hendricks neighborhood! The home has been remodeled from top to bottom and is completely move-in ready. Features include an open floorplan with 9ft ceilings on the main level, updated kitchen w/butcher block island, main level laundry area and half bath, formal living and dining areas, dual master bedrooms with en-suite baths - one on the main level and one upstairs, detached 1 car garage, fenced front yard, etc. Hardwood floor in the first floor kitchen, bathroom and living room. Washer, dryer, dishwasher, fridge, stainless steel cook stove and microwave, garbage disposal included. So many options with this home! Fantastic location just minutes to downtown, Eli Lilly, Fletcher Place, Fountain Square, freeways, and more! Renter responsible for water, electricity, gas, and sewer. Landlord can provide lawn mowing + trash pickup.
Standout features identified
Our analysis highlights main level laundry area, fenced front yard, and dual master bedrooms as key attractions of this home.
Estimated monthly payment
Based on current rates
$1,528/month
Principal & Interest$1,215
Property Tax$235
Insurance$78
Down payment20% ($46,900)
3%50%
Est. 6.74% rate · 30yr fixed · $187,600 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
HeatingForced Air
CoolingCentral Air
ParkingDetached
Property
Home typeSingle Family
Sub-typeSingle Family Residence
Systems
HeatingForced Air
CoolingCentral Air
Parking & Outdoor
ParkingDetached
Location & Tax
NeighborhoodNear Southside
Annual tax$2,540
Parcel491113218082000101
Bathrooms & Fees
Full baths2
Features & details
8 categories of property features
Interior Features
Appliances
Dishwasher
Dryer
Microwave
Oven
Refrigerator
Washer
Flooring
Carpet
Hardwood
Heating
Forced Air
Cooling
Central Air
Laundry
In Unit
Exterior Features
Exterior
Electricity not included in rent
Gas not included in rent
Heating system: Forced Air
Sewage not included in rent
Water not included in rent
fence
Parking
Detached
Patio & Porch
Porch
Listing insights
Market data and value estimates
StatusOff Market
Days on market2388
Est. value$234,500
Est. rent$1,855/mo
Tax rate0.96%
Price/sqft$195
On marketJun 1, 2025
PostedJun 1, 2025
Last sold$110,000
MLS updatedJun 7, 2025
Tour days6
Views3
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46225
Price history
13 events
DateEventPrice$/sqftSource
Jun 19, 2025Listing Removed$1,695$1Zillow Rentals
Jun 1, 2025Listed For Rent$1,695$1Zillow Rentals
Nov 8, 2021Pending Sale$180,000$150MIBOR as distributed by MLS GRID
Nov 4, 2021Listed For Sale$180,000$150MIBOR as distributed by MLS GRID
Oct 23, 2021Listing Removed——MIBOR as distributed by MLS GRID
Oct 21, 2021Price Change$170,000$142MIBOR as distributed by MLS GRID
Oct 4, 2021Pending Sale$180,000$150MIBOR as distributed by MLS GRID
Sep 10, 2021Price Change$180,000$150MIBOR as distributed by MLS GRID
Jul 19, 2021Price Change$190,000$158MIBOR as distributed by MLS GRID
May 17, 2021Price Change$215,000$179MIBOR as distributed by MLS GRID
May 12, 2021Listed For Sale$230,000$192MIBOR as distributed by MLS GRID
Sep 30, 2019Sold$110,000$92Public Record
May 9, 2014Sold$10,000$8Public Record
Listing Removed$1,695
Jun 19, 2025•$1/sqft•Zillow Rentals
Listed For Rent$1,695
Jun 1, 2025•$1/sqft•Zillow Rentals
Pending Sale$180,000
Nov 8, 2021•$150/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$180,000
Nov 4, 2021•$150/sqft•MIBOR as distributed by MLS GRID
Listing Removed—
Oct 23, 2021•MIBOR as distributed by MLS GRID
Price Change$170,000
Oct 21, 2021•$142/sqft•MIBOR as distributed by MLS GRID
Pending Sale$180,000
Oct 4, 2021•$150/sqft•MIBOR as distributed by MLS GRID
Price Change$180,000
Sep 10, 2021•$150/sqft•MIBOR as distributed by MLS GRID
Price Change$190,000
Jul 19, 2021•$158/sqft•MIBOR as distributed by MLS GRID
Price Change$215,000
May 17, 2021•$179/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$230,000
May 12, 2021•$192/sqft•MIBOR as distributed by MLS GRID
Sold$110,000
Sep 30, 2019•$92/sqft•Public Record
Sold$10,000
May 9, 2014•$8/sqft•Public Record
Tax history
19 years of records
YearTax paidAssessed value
Apr 15, 2024$2,540$224,000
Apr 15, 2023$2,437$216,400
Apr 15, 2022$940$206,800
Apr 15, 2021$2,073$99,300
Apr 15, 2020$1,372$89,500
Apr 15, 2019$1,224$58,100
Apr 15, 2018$958$51,400
Apr 15, 2017$969$43,600
Apr 15, 2016$901$43,700
Apr 15, 2014$917$42,400
Apr 15, 2013$940$41,400
Apr 15, 2012$940$41,900
Apr 15, 2011—$37,700
Apr 15, 2010$833$37,700
Apr 15, 2009$845$37,700
Apr 15, 2007—$41,600
Apr 15, 2006—$52,400
Apr 15, 2005—$33,400
Apr 15, 2004—$33,400
Nearby homes
Neighborhood details
Local context around this listing
Indianapolis, IN • Marion County
Nearby neighborhoods
Chapel Hill-Ben DavisDowntownEagledaleEast WarrenFar EastsideGarden CityNear EastsideSnacks-Guion CreekSouth FranklinSouth Perry
Nearby cities
Beech GroveCumberlandIndianapolisLawrenceSouthportSpeedway
Nearby zip codes
46203462174621946220462224622446226462274623746254
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