For Rent
243 Terrace Ave
Indianapolis, IN, 46225 • Near Southside • Marion County
$2,750/mo
$2/sqft
4Beds
2Baths
1,669Sqft
Property DNA
Hardwood Floors
Quality flooring throughout
Just Listed
Listed Apr 8, 2026
Market activity
Demand and pricing signals for this listing
47 views
People checking out this listing
4 saves
Buyers have saved this home
$2/sqft
Price per square foot
About this home
Single Family
This charming 4 bed, 2 bath home has been fully renovated with beautiful features throughout! Available for rent May 1 2026! HOUSE INFO: Kitchen has beautiful waterfall granite counters, stainless steel appliances with an open floor plan to living room & dining area. Laminate hardwood throughout & carpeted bedrooms. Fully fenced spacious yard with a paved patio area & 2 car garage. *Unfurnished LOCATION INFO: House is in the Bates Hendricks neighborhood, close to Downtown Indianapolis & Fountain Square. Easily walk or bike to restaurants, shopping, bars, and more. Close to all major highways/interstates and growing bike lanes makes it easy for commuters as well. *Please avoid drive-bys as the home is currently occupied. All walkthroughs will need to be scheduled with myself and the tenant. Thanks! OTHER INFO: - W/D Hookups - Tenant pays all utilities except wifi (Google Fiber included) - Google Smart home with smart locks - Pets allowed with fee
Standout features identified
Our analysis highlights paved patio area, beautiful waterfall granite counters, and carpeted bedrooms as key attractions of this home.
Estimated monthly payment
Based on current rates
$18/month
Principal & Interest$14
Property Tax$3
Insurance$1
Down payment20% ($550)
3%50%
Est. 6.75% rate · 30yr fixed · $2,200 loan
Full calculator →At a glance
Key facts and listing details
Date availableFri May 1 2026
TypeSingle Family Residence
CoolingCentral Air
HeatingForced Air
PetsCats, Dogs, Small Dogs
ParkingAttached Garage
LaundryIn Unit
Deposit & fees$2,750
One-time fees$2,785
Property
Home typeSingle Family
Sub-typeSingle Family Residence
Systems
HeatingForced Air
CoolingCentral Air
Parking & Outdoor
ParkingAttached, Off Street
FencingFenced Yard
Location & Tax
NeighborhoodNear Southside
Annual tax$7,768
Parcel491113116043000101
Bathrooms & Fees
Full baths2
Features & details
7 categories of property features
Interior Features
Appliances
Dishwasher
Dryer
Freezer
Microwave
Oven
Refrigerator
Washer
Flooring
Carpet
Hardwood
Heating
Forced Air
Cooling
Central Air
Laundry
In Unit
Exterior Features
Exterior
Google Home
Heating system: Forced Air
No Utilities included in rent
Parking
Attached
Off Street
Listing insights
Market data and value estimates
StatusFor Rent
Est. value$322,000
Est. rent$2,175/mo
Tax rate0.96%
Price/sqft$2
On marketApr 8, 2026
PostedApr 8, 2026
Last sold$285,000
MLS updatedApr 8, 2026
Tour days6
Views47
Favorites4
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46225
Price history
15 events
DateEventPrice$/sqftSource
Apr 8, 2026Listed For Rent$2,750$2Zillow Rentals
Apr 8, 2025Listing Removed$2,600$2Zillow Rentals
Mar 14, 2025Listed For Rent$2,600$2Zillow Rentals
Jul 5, 2022Listing Removed——Zillow Rental Manager
Jun 27, 2022Listed For Rent$2,400$1Zillow Rental Manager
Jul 27, 2021Sold$285,000$171MIBOR as distributed by MLS GRID
Feb 19, 2019Sold$65,000$39MIBOR as distributed by MLS GRID
Jan 29, 2019Pending Sale$69,900$42Keller Williams Realty Indy Metro Northeast
Nov 30, 2018Listed For Sale$69,900$42Keller Williams Indy Metro NE
May 31, 2018Sold$65,000$39MIBOR as distributed by MLS GRID
Apr 12, 2018Pending Sale$75,000$45MIBOR REALTOR Association
Apr 7, 2018Listed For Sale$75,000$45MIBOR REALTOR Association
Jun 12, 2015Sold$10,000$6Public Record
May 7, 2012Listing Removed$32,500$19CENTURY 21 Wilson & Associates
Nov 8, 2011Listed For Sale$32,500$19Century 21 Wilson & Associates
Listed For Rent$2,750
Apr 8, 2026•$2/sqft•Zillow Rentals
Listing Removed$2,600
Apr 8, 2025•$2/sqft•Zillow Rentals
Listed For Rent$2,600
Mar 14, 2025•$2/sqft•Zillow Rentals
Listing Removed—
Jul 5, 2022•Zillow Rental Manager
Listed For Rent$2,400
Jun 27, 2022•$1/sqft•Zillow Rental Manager
Sold$285,000
Jul 27, 2021•$171/sqft•MIBOR as distributed by MLS GRID
Sold$65,000
Feb 19, 2019•$39/sqft•MIBOR as distributed by MLS GRID
Pending Sale$69,900
Jan 29, 2019•$42/sqft•Keller Williams Realty Indy Metro Northeast
Listed For Sale$69,900
Nov 30, 2018•$42/sqft•Keller Williams Indy Metro NE
Sold$65,000
May 31, 2018•$39/sqft•MIBOR as distributed by MLS GRID
Pending Sale$75,000
Apr 12, 2018•$45/sqft•MIBOR REALTOR Association
Listed For Sale$75,000
Apr 7, 2018•$45/sqft•MIBOR REALTOR Association
Sold$10,000
Jun 12, 2015•$6/sqft•Public Record
Listing Removed$32,500
May 7, 2012•$19/sqft•CENTURY 21 Wilson & Associates
Listed For Sale$32,500
Nov 8, 2011•$19/sqft•Century 21 Wilson & Associates
Tax history
23 years of records
YearTax paidAssessed value
Apr 9, 2024$7,768$339,600
Apr 9, 2023$7,366$327,500
Apr 9, 2022$4,738$312,000
Apr 9, 2021$644$205,400
Apr 9, 2020$1,601$27,800
Apr 9, 2019$1,528$67,800
Apr 9, 2018$1,835$48,500
Apr 9, 2017$1,880$40,900
Apr 9, 2016$907$40,900
Apr 9, 2014$840$38,700
Apr 9, 2013$861$37,900
Apr 9, 2012$861$38,200
Apr 9, 2011—$33,900
Apr 9, 2010—$33,900
Apr 9, 2009—$33,900
Apr 9, 2007—$37,500
Apr 9, 2006—$50,200
Apr 9, 2005—$31,300
Apr 9, 2004—$31,300
Apr 9, 2003—$31,300
Apr 9, 2002—$15,500
Apr 9, 2001—$5,160
Apr 9, 2000—$5,160
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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