Sold34d on marketHistoric · 121 yrs
701 Terrace Ave
Indianapolis, IN, 46203 • Near Southside • Marion County
$325,000
$150/sqft
3Beds
2Baths
2,163Sqft
0.08 acLot
1905Built
Property DNA
Traditional Style
Built 1905 · 121 years of history
No Subdivision
Near Southside
1-Car Garage
Detached
Hardwood Floors
Quality flooring throughout
This home is in high demand
Listed 34 days ago · 68 views · 1 saves · Top 10% likely to sell soon
Market activity
Demand and pricing signals for this listing
68 views
People checking out this listing
1 saves
Buyers have saved this home
34 days on market
Established listing
$150/sqft
Price per square foot
Selling Soon Prediction
Very HighThis home ranks in the top 10% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Single Family · Built 1905 · Historic
Charming Bates-Hendricks craftsman-style home blending modern design with original character. Large front porch sets the tone as you walk into this classic home. Original hardwood floors, built-ins and stained-glass accent windows highlight the historic charm. Spacious living room opens through original double doors to the formal dining area. Kitchen boasts stainless appliances including a gas stove and wine cooler. Full bath on main floor with laundry. Upstairs offers three generous bedrooms a full bath and a charming three-season room overlooking the backyard-perfect for relaxing, exercising or crafting. Full basement for all your storage needs. Outside enjoy a fully fenced backyard with both a wood deck and concrete patio-ideal for entertaining, pets, or outdoor dining. Off-street parking includes a one-car garage. Recent improvements include upstairs bathroom renovation, new roof, solar panels, water heater, appliances, storm windows and gutters. Just minutes from downtown, Garfield Park, miles of bike trails, dining, nightlife, sporting venues, with easy interstate access and a quick route to the airport-this home truly offers the best of historic charm and urban convenience.
Standout features identified
Our analysis highlights formal dining area, three generous bedrooms, and large front porch as key attractions of this home.
Estimated monthly payment
Based on current rates
$2,036/month
Principal & Interest$1,602
Property Tax$325
Insurance$108
Down payment20% ($65,000)
3%50%
Est. 6.26% rate · 30yr fixed · $260,000 loan
Full calculator →At a glance
Key facts and listing details
TypeResidential, Single Family Residence
Year Built1905
HeatingForced Air, Natural Gas
CoolingCentral Air
Parking1 Garage space
Lot3,484 sqft
Property
Home typeSingle Family
Sub-typeResidential, Single Family Residence
StyleTraditional
Year built1905
Stories2
Systems
HeatingForced Air, Natural Gas
CoolingCentral Air
ConstructionAluminum Siding, Brick
Water / SewerPublic
Parking & Outdoor
ParkingDetached
Garage1 spaces
BasementUnfinished
Lot3,484 sqft
Location & Tax
NeighborhoodNear Southside
Annual tax$3,106
Parcel491113123075000101
Bathrooms & Fees
Full baths2
Features & details
7 categories of property features
Interior Features
Interior
Hardwood Floors
Appliances
Dishwasher
Dryer
Gas Water Heater
Microwave
Gas Oven
Refrigerator
Washer
Flooring
Hardwood
Heating
Forced Air
Natural Gas
Cooling
Central Air
Exterior Features
Parking
Detached
Construction
Aluminum Siding
Brick
Room details
6 rooms detailed
Master Bedroom
Upper13×12 ft156 sqft
Bedroom2
Upper13×10 ft130 sqft
Bedroom3
Upper11×11 ft121 sqft
Dining Room
Main15×11 ft165 sqft
Kitchen
Main14×9 ft126 sqft
Living Room
Main12×13 ft156 sqft
Listing insights
Market data and value estimates
StatusSold
Days on market34
Est. value$326,400
Est. rent$2,482/mo
Tax rate0.96%
Price/sqft$150
On marketJan 15, 2026
PostedJan 15, 2026
Last sold$325,000
MLS statusSold
MLS updatedMar 5, 2026
Tour days6
Views68
Favorites1
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46203
Price history
11 events
DateEventPrice$/sqftSource
Mar 4, 2026Sold$325,000$150MIBOR as distributed by MLS GRID
Jan 20, 2026Pending Sale$325,000$150MIBOR as distributed by MLS GRID
Jan 15, 2026Listed For Sale$325,000$150MIBOR as distributed by MLS GRID
Jan 22, 2021Sold$257,500$119MIBOR as distributed by MLS GRID
Nov 2, 2020Pending Sale$265,000$123MIBOR as distributed by MLS GRID
Sep 8, 2017Listing Removed$1,375$1Nottingham Realty Group
Sep 2, 2017Price Change$1,375$1Nottingham Realty Group
Aug 8, 2017Listed For Rent$1,400$1Zillow Rental Manager
Nov 13, 2014Sold$70,000$32Agent Provided
Oct 23, 2014Pending Sale$80,000$37SGA Enterprises, Inc
Sep 27, 2014Listed For Sale$80,000$37Sycamore Group Realtors
Sold$325,000
Mar 4, 2026•$150/sqft•MIBOR as distributed by MLS GRID
Pending Sale$325,000
Jan 20, 2026•$150/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$325,000
Jan 15, 2026•$150/sqft•MIBOR as distributed by MLS GRID
Sold$257,500
Jan 22, 2021•$119/sqft•MIBOR as distributed by MLS GRID
Pending Sale$265,000
Nov 2, 2020•$123/sqft•MIBOR as distributed by MLS GRID
Listing Removed$1,375
Sep 8, 2017•$1/sqft•Nottingham Realty Group
Price Change$1,375
Sep 2, 2017•$1/sqft•Nottingham Realty Group
Listed For Rent$1,400
Aug 8, 2017•$1/sqft•Zillow Rental Manager
Sold$70,000
Nov 13, 2014•$32/sqft•Agent Provided
Pending Sale$80,000
Oct 23, 2014•$37/sqft•SGA Enterprises, Inc
Listed For Sale$80,000
Sep 27, 2014•$37/sqft•Sycamore Group Realtors
Tax history
23 years of records
YearTax paidAssessed value
Apr 8, 2024$3,121$260,900
Apr 8, 2023$3,097$263,900
Apr 8, 2022$1,664$260,300
Apr 8, 2021$3,193$147,000
Apr 8, 2020$1,891$137,900
Apr 8, 2019$1,913$80,100
Apr 8, 2018$1,593$80,300
Apr 8, 2017$1,440$73,500
Apr 8, 2016$1,374$66,400
Apr 8, 2014$1,308$60,500
Apr 8, 2013$377$56,500
Apr 8, 2012$377$56,600
Apr 8, 2011—$56,100
Apr 8, 2010$347$56,100
Apr 8, 2009$285$52,300
Apr 8, 2007—$59,400
Apr 8, 2006—$66,600
Apr 8, 2005—$41,200
Apr 8, 2004—$41,200
Apr 8, 2003—$41,200
Apr 8, 2002—$17,100
Apr 8, 2001—$5,700
Apr 8, 2000—$5,700
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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Based on information submitted to the MLS GRID as of 2026-04-08 12:53:07 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)
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