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$175,000   Price Analysis
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1725 Terrace Ave
Indianapolis, IN 46203
3 bed 1 bath 2,011 SqFt ($87/SqFt)
5,227SqFt lot. Built 1910
Listed 2024-08-29, Taxes $1,739
Ⓧ USDA Ineligible
due to location

near Indianapolis

Welcome to this newly updated investment property in the highly sought-after Fountain Square neighborhood of Indianapolis.

This charming home features 3 bedrooms and 1 bathroom, with the potential to be converted into a 4 bedroom, 2 bathroom layout. Upon entering, you'll be greeted by a open living area with plenty of natural light and modern finishes throughout. The bedrooms are generously sized and offer ample closet space for storage.

The basement offers an abundance of storage. Outside, you'll find a fenced backyard with plenty of room for outdoor activities. Additionally, this property is conveniently located near th e vibrant Fountain Square district, with easy access to restaurants, shops and entertainment options. Don't miss out on this fantastic investment opportunity in one of Indianapolis' hottest neighborhoods. Schedule a showng today and make this property your own!


Presented by Katie M Berg at
Peter Khosla, Inc.


Property MLS #21998380 from MIBOR

Bedrooms: 3
Bedrooms On Main Level: 2
Bedrooms On Upper Level: 1
Primary Bedroom Dimensions: 13 x 14
Bedroom 2 Dimensions: 13 x 14
Bedroom 3 Dimensions: 13 x 14
Primary Bedroom Level: Main
Bedroom 2 Level: Main
Bedroom 3 Level: Upper
Primary Bedroom Description: Porch

Total Rooms: 5
Dining Room: 11 x 9 x Main
Basement Features: Cellar, Unfinished
Living Room Dimensions: 13 x 14
Living Room Level: Main

Total Bathrooms: 1
Full Bathrooms: 1
Full Bathrooms On Main Level: 1

Storms Complete
Wood Work Painted
Paddle Fan
Eat-in Kitchen
Hi-Speed Internet Availbl

Dishwasher
Electric Water Heater

Heating Features: Forced Air, Gas

Dining Area Description: Formal Dining Room
Dining Room Dimensions: 13 x 14
Dining Room Level: Main
Kitchen Dimensions: 10 x 10
Kitchen Level: Main

Barn Storage
Fencing: Partial
Patio And Porch Features: Covered Porch

Lot Description: Sidewalks, Mature Trees, Trees-Small (Under 20 Ft)
Lot Size Acres: 0.12
Lot Size Square Feet: 5227

High School District: Indianapolis Public Schools

Frederick Douglass School 19 is a public elementary and middle school located approximately 0.6 miles away.
directions icon Map directions

Emmaus Lutheran School is a private elementary school located approximately 0.3 miles away.
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Emmerich Manual High School is a public high school located approximately 1.6 miles away.
directions icon Map directions

Calculated Total Monthly Association Fees: 0

Source Listing Status: Active
County: Marion
Directions: GPS Friendly
Tax Year: 2023
Source Property Type: Residential
Area: 4913 - Marion - Center Se
Source Neighborhood: Metzgers Sub Wingates
Parcel Number: 491018101003000101
Postal Code Plus 4: 2011
Subdivision: Metzgers Sub Wingates
Township: Center
Property Subtype: Single Family Residence
Lot Number: 491018101003000101
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$54,400 + $5,500
$59,900
$1,739
2021$54,400 + $5,500
$59,900
$1,448
2020$53,600 + $5,500
$59,100
$1,434
2019$49,600 + $2,500
$52,100
$1,294
2018$38,900 + $2,500
$41,400
$1,049
2017$34,200 + $2,500
$36,700
$841
2016$32,000 + $2,500
$34,500
$777
2015$29,400 + $2,500
$31,900
$702
2014$32,900 + $2,500
$35,400
$765
2013$30,800 + $2,500
$33,300
$692
2012$30,200 + $2,500
$32,700
$733
2011$30,900 + $5,100
$36,000
$748
2010$30,900 + $5,100
$36,000
$767
2008$35,700 + $5,100
$40,800
$1,154
2008$30,900 + $5,100
$36,000
$1,154
2006$33,300 + $5,100
$38,400
$818

Listed 2024-08-29
$175,000
MIBOR
Sold 2021-11-17
$74,000
Public Record
Listing removed 2021-11-05
$0
MIBOR
Listing removed 2021-02-02
$54,900
MIBOR
Price Changed 2020-11-16
$54,900
MIBOR
Price Changed 2020-11-10
$59,900
MIBOR
Listed 2020-09-13
$69,900
MIBOR
Sold 2009-05-20
$35,000
Public Record
Sold 2006-06-10
$90,440
Public Record

Total Square Feet Living: 1227
Year Built: 1910
Construction Materials: Vinyl Siding
Foundation Details: Block
Levels: Two
Property Age: 114
Total Area Main: 924
Total Area Upper: 303
Architectural Style: Bungalow

Water Source: Municipal/City

Other Equipment: Smoke Alarm
Click Thumbnail Images To View Full Size
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.