518 Terrace Ave | Image 1
New
Open House
518 Terrace Ave | Image 2
518 Terrace Ave | Image 3
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518 Terrace Ave | Image 7

$350,000

For Sale

2 days ago

518 Terrace Ave, Indianapolis, IN

House

MLS® 22087604

3 Bed

3 Bath

1622 sqft

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Open House
Sat Mar 14, 4:00-6:00 PM UTCSun Mar 15, 3:00-5:00 PM UTC
  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1622 sqft
Garage No
Taxes 
Days Active 2
Lot Size 0.08 acres
Approx. Age 1909
Avg. Price Per Sqft $215
MLS® Number 22087604

Property Address: 518 Terrace Ave, Indianapolis, IN, 46203-2725

Average square foot calculated using Size range provided by listing agent.

Description

Renovated from top to bottom, this 3-bed / 2.5-bath Bates-Hendricks home is sure to impress. Previously featured on HGTV's Good Bones, the home offers an open-concept main level with durable laminate hardwood flooring and great natural flow for everyday living. The spacious kitchen features tons of storage, stainless steel appliances, open shelving, a walk-in pantry, and a large island perfect for gathering. A flexible main-level room works well as a home office or third bedroom. Upstairs, you'll find the primary suite with a spacious bathroom and walk-in closet, along with a second bedroom and full bath with generous closet space. The fully fenced backyard features a large deck-ideal for relaxing or hosting. Washer and dryer included. Ideally located near Fountain Square, Garfield Park, and downtown Indianapolis, this home offers easy access to the Eli Lilly campus, Lucas Oil Stadium, Gainbridge Fieldhouse, and I-465 for convenient commuting throughout the city.
MLS® Number22087604
Laundry Level
Central VacNo
FireplaceNo
Acreage0.08
Exterior
GarageNo
Approx. Age1909
BasementUnfinished
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Family Room:Main Floor16 × 14 ft
Bedroom 3:Upper Level13 × 12 ft
Bedroom 2:Main Floor10 × 10 ft
Kitchen:Main Floor12 × 15 ft
Other:Upper Level13 × 13 ft
Laundry:Main Floor8 × 6 ft
Dining Room:Main Floor10 × 10 ft

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 11, 2026List Date
$350,000List Price
Jan 9, 2024End Date
$2,250Sold Price

Leased

Sep 29, 2023List Date
$2,295List Price

Home Appraisal

This property is estimated to sell between: $344,000 and $353,000.
Similar properties in this area sold on average for: $344,477
Expected to sell in 111 days. Similar properties sold in 113 days. This home has been on eXp Realty for 2 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
518 Terrace Ave, Indianapolis, IN

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