For Sale159d on marketHistoric · 141 yrs
712 Terrace Ave
Indianapolis, IN, 46203 • Near Southside • Marion County
$310,000
$131/sqft
-$5,000 since Feb 27, 2026
Down payment assistance available
2Beds
2Baths
2,370Sqft
0.08 acLot
1885Built
Property DNA
Traditional Style
Built 1885 · 141 years of history
South Park Sub South Park Add
Near Southside
Outdoor Living
Covered
1 Fireplace
Non Functional · Living Room
1-Car Garage
Detached
Premium Finishes
Hardwood Floors
Hardwood Floors
Quality flooring throughout
This home is getting attention
Listed 159 days ago · 677 views · 39 saves
Market activity
Demand and pricing signals for this listing
677 views
People checking out this listing
39 saves
Buyers have saved this home
159 days on market
Established listing
$131/sqft
Price per square foot
About this home
Single Family · Built 1885 · Historic
Discover this fully remodeled home in the heart of Bates-Hendricks, blending modern updates with timeless character and historic charm.Step inside to an open-concept living space, perfect for entertaining-offering plenty of seating at the kitchen peninsula, as well as spacious living and family rooms. Hardwood floors, original fireplace mantle with antique tile, and detailed woodwork at the living room entry create a warm, inviting atmosphere. A bedroom and full bath on the main level provide convenience and flexibility for any stage of life. The third room (without egress) offers a great option for a home office, guest room, or additional bedroom.Enjoy the practicality of a large mudroom with ample storage, ideal for keeping your home organized and clutter-free. Located just minutes from Downtown Indianapolis, Fountain Square, Fletcher Place, and Garfield Park, with easy access to Broad Ripple, this home offers both comfort and convenience. Whether you're looking for your next personal residence or a great Airbnb investment opportunity, this property has it all! Bonus room upstairs has no egress but works great as a oversized 3rd bedroom.
Standout features identified
Our analysis highlights open-concept living space, detailed woodwork, and kitchen peninsula as key attractions of this home.
Estimated monthly payment
Based on current rates
$1,942/month
Principal & Interest$1,528
Property Tax$310
Insurance$103
Down payment20% ($62,000)
3%50%
Est. 6.26% rate · 30yr fixed · $248,000 loan
Full calculator →At a glance
Key facts and listing details
TypeResidential, Single Family Residence
Year Built1885
HeatingForced Air, Natural Gas
CoolingCentral Air
Parking1 Garage space
Lot3,484 sqft
Days on Zillow159 Days
Price/sqft$131
Property
Home typeSingle Family
Sub-typeResidential, Single Family Residence
StyleTraditional
ConditionUpdated/Remodeled
Year built1885
Stories1
Systems
HeatingForced Air, Natural Gas
CoolingCentral Air
ConstructionCement Siding, Vinyl Siding
Water / SewerPublic
Parking & Outdoor
ParkingDetached
Garage1 spaces
BasementPartial
Fireplaces1
FencingFenced,Partial
Lot3,484 sqft
Location & Tax
NeighborhoodNear Southside
Annual tax$5,512
Parcel491113184047000101
Bathrooms & Fees
Full baths2
Features & details
13 categories of property features
Interior Features
Interior
Hardwood Floors
Breakfast Bar
High Speed Internet
Wired for Data
Smart Thermostat
Appliances
Dishwasher
Microwave
Electric Oven
Refrigerator
Wine Cooler
MicroHood
Electric Water Heater
Water Heater
Flooring
Hardwood
Heating
Forced Air
Natural Gas
Cooling
Central Air
Laundry
In Unit
Fireplace
Non Functional
Living Room
Windows
Wood Work Stained
Exterior Features
Parking
Detached
Construction
Cement Siding
Vinyl Siding
Patio & Porch
Covered
Lot Features
Sidewalks
Storm Sewer
Street Lights
Not In Subdivision
Rural - Not Subdivision
Security
Security System Owned
Room details
8 rooms detailed
Master Bedroom
Main12×11 ft132 sqft
Bedroom2
Upper14×12 ft168 sqft
Bonus Room
Upper13×11 ft143 sqft
Dining Room
Main12×10 ft120 sqft
Family Room
Main13×13 ft169 sqft
Kitchen
Main15×12 ft180 sqft
Tile-Ceramic
Listing insights
Market data and value estimates
StatusFor Sale
Days on market159
Est. value$302,600
Est. rent$2,870/mo
Tax rate0.96%
Price/sqft$131
On marketOct 31, 2025
PostedOct 31, 2025
Last sold$322,500
MLS statusActive
MLS updatedMar 23, 2026
Tour days9
Views677
Favorites39
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46203
Price history
24 events
DateEventPrice$/sqftSource
Feb 27, 2026Price Change$310,000$131MIBOR as distributed by MLS GRID
Jan 8, 2026Price Change$315,000$133MIBOR as distributed by MLS GRID
Dec 4, 2025Price Change$320,000$135MIBOR as distributed by MLS GRID
Nov 13, 2025Price Change$325,000$137MIBOR as distributed by MLS GRID
Oct 31, 2025Listed For Sale$335,000$141MIBOR as distributed by MLS GRID
Jun 13, 2022Sold$322,500$136MIBOR as distributed by MLS GRID
May 16, 2022Pending Sale$322,500$136MIBOR as distributed by MLS GRID
May 3, 2022Price Change$322,500$136MIBOR as distributed by MLS GRID
Apr 14, 2022Price Change$327,500$138MIBOR as distributed by MLS GRID
Mar 29, 2022Pending Sale$325,000$137MIBOR as distributed by MLS GRID
Mar 24, 2022Listed For Sale$325,000$137MIBOR as distributed by MLS GRID
Feb 21, 2022Listing Removed——MIBOR as distributed by MLS GRID
Feb 7, 2022Listed For Sale$320,000$135MIBOR as distributed by MLS GRID
Jan 14, 2022Pending Sale$320,000$135MIBOR as distributed by MLS GRID
Nov 16, 2021Price Change$320,000$135MIBOR as distributed by MLS GRID
Sep 23, 2021Price Change$330,000$139MIBOR as distributed by MLS GRID
Sep 7, 2021Price Change$335,000$141MIBOR as distributed by MLS GRID
Aug 7, 2021Listed For Sale$340,000$143MIBOR as distributed by MLS GRID
Feb 20, 2016Listing Removed$900—Go Section8
Dec 16, 2015Listed For Rent$900—Go Section8
Feb 22, 2013Listing Removed$855—AUDEI LLC
Dec 29, 2012Listed For Rent$855—AUDEI LLC
Sep 23, 2008Sold$124,900$53MIBOR as distributed by MLS GRID
May 10, 2007Sold$30,000$13MIBOR as distributed by MLS GRID
Price Change$310,000
Feb 27, 2026•$131/sqft•MIBOR as distributed by MLS GRID
Price Change$315,000
Jan 8, 2026•$133/sqft•MIBOR as distributed by MLS GRID
Price Change$320,000
Dec 4, 2025•$135/sqft•MIBOR as distributed by MLS GRID
Price Change$325,000
Nov 13, 2025•$137/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$335,000
Oct 31, 2025•$141/sqft•MIBOR as distributed by MLS GRID
Sold$322,500
Jun 13, 2022•$136/sqft•MIBOR as distributed by MLS GRID
Pending Sale$322,500
May 16, 2022•$136/sqft•MIBOR as distributed by MLS GRID
Price Change$322,500
May 3, 2022•$136/sqft•MIBOR as distributed by MLS GRID
Price Change$327,500
Apr 14, 2022•$138/sqft•MIBOR as distributed by MLS GRID
Pending Sale$325,000
Mar 29, 2022•$137/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$325,000
Mar 24, 2022•$137/sqft•MIBOR as distributed by MLS GRID
Listing Removed—
Feb 21, 2022•MIBOR as distributed by MLS GRID
Listed For Sale$320,000
Feb 7, 2022•$135/sqft•MIBOR as distributed by MLS GRID
Pending Sale$320,000
Jan 14, 2022•$135/sqft•MIBOR as distributed by MLS GRID
Price Change$320,000
Nov 16, 2021•$135/sqft•MIBOR as distributed by MLS GRID
Price Change$330,000
Sep 23, 2021•$139/sqft•MIBOR as distributed by MLS GRID
Price Change$335,000
Sep 7, 2021•$141/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$340,000
Aug 7, 2021•$143/sqft•MIBOR as distributed by MLS GRID
Listing Removed$900
Feb 20, 20160•Go Section8
Listed For Rent$900
Dec 16, 20150•Go Section8
Listing Removed$855
Feb 22, 20130•AUDEI LLC
Listed For Rent$855
Dec 29, 20120•AUDEI LLC
Sold$124,900
Sep 23, 2008•$53/sqft•MIBOR as distributed by MLS GRID
Sold$30,000
May 10, 2007•$13/sqft•MIBOR as distributed by MLS GRID
Tax history
23 years of records
YearTax paidAssessed value
Apr 8, 2024$3,803$319,600
Apr 8, 2023$2,817$319,700
Apr 8, 2022$4,861$236,700
Apr 8, 2021$4,590$210,700
Apr 8, 2020$2,484$198,200
Apr 8, 2019$2,378$105,200
Apr 8, 2018$1,968$99,800
Apr 8, 2017$1,787$91,200
Apr 8, 2016$1,185$82,400
Apr 8, 2014$1,133$52,400
Apr 8, 2013$8$49,000
Apr 8, 2012$8$48,900
Apr 8, 2011—$46,500
Apr 8, 2010—$46,500
Apr 8, 2009—$43,400
Apr 8, 2007—$49,200
Apr 8, 2006—$65,800
Apr 8, 2005—$40,900
Apr 8, 2004—$40,900
Apr 8, 2003—$40,900
Apr 8, 2002—$15,800
Apr 8, 2001—$5,260
Apr 8, 2000—$5,500
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
Similar homes
Based on information submitted to the MLS GRID as of 2026-04-08 16:08:13 PDT. 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. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
No obligation · Same-day response