430 Terrace Avenue
Indianapolis, IN 46225
- 3 beds
- 2 baths
- 1,504 sqft
- 3,311 sqft lot
- $139 per sqft
- 1895 build
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Featured on HGTV's House Hunters. This Bates Hendricks duplex is a prime opportunity for savvy investors seeking an active MTR/STR property. Upper unit has it's own private side entrance that leads up to a fully furnished 1BR/1BA unit. Stocked fully for a furnished rental with great proximity to the downtown hospitals. Enter the lower unit through the front or back door to find a spacious 2BR/1BA. New main level bath just completed. Old Indy charm fills this unit with wood panel ceilings and accent lighting as featured on House Hunters! All you need to generate two revenues from one property! Fully fenced yard with gated parking in the rear on a large concrete slab covered by a carport. Keyless entry pads on both units make transitions a breeze! This one is perfect for you next investment. New Mini split dual units installed in upper unit for private heating and cooling.
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Last updated Apr 29, 2025
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MLS# 21985402 —
The Building
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Year Built:1895
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New Construction:false
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Construction Materials:Wood
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Architectural Style:TraditonalAmerican
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Levels:Two
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Basement:false
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Foundation Details:Crawl Space
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Patio And Porch Features:Deck Main Level, Covered Porch
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Accessibility Features:No
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Green Certification:No
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Upper SqFt:640
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Building Area Total:1504
Interior
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Rooms:6
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Rooms Total:6
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Rooms Total:6
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Interior:Bedroom Other on Main
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Interior Features:Breakfast Bar, Cathedral Ceiling(s), Raised Ceiling(s), Hardwood Floors, Hi-Speed Internet Availbl
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Kitchen Features:Kitchen Some Updates
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Other Equipment:Not Applicable
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Eating Area:Breakfast Room,Dining Combo/Great Room
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Laundry Features:Laundry Closet, Main Level
Room Dimensions
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SqFt:1504
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Main Level SqFt:864
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Living Area:1504
Financial & Terms
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Buyer Financing:Conventional
Location
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Directions:65 S to East street exit. South on East Street. Right on Terrace and home is on the left
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Latitude:39.748387
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Longitude:-86.150269
The Property
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View:true
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Property Type:Residential
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Property Subtype:Single Family Residence
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Property Attached:false
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Parcel Number:491113218024000101
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Acres:<1/4 Acre
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Lot Features:Sidewalks
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Lot Size Acres:0.08
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Lot Size SqFt:3,311 Sqft
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Price Per Acre:2625000
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View:false
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Waterfront:false
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Fencing:Fence Full Rear
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Horse Amenities:None
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Fence:Yes
Listing Agent
- Contact info:
- Agent phone:
- (317) 910-6493
- Office phone:
- (317) 538-1498
Taxes
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Tax Lot:491113218024000101
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Tax Year:2023
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Tax Exemptions:Homestead Tax Exemption
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Semi Annual Property Tax Amt:1397
Beds
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Beds:3
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Bedrooms:3
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Bedrooms Total:3
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Main Level Bedrooms:2
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# of Bedrooms Upper:1
Baths
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Baths:2
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Full Baths:2
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Full Baths:2
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Full Baths Main:1
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Full Baths Upper:1
Heating & Cooling
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Heating:Forced Air, Natural Gas
Utilities
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Utilities:Cable Available
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Water Source:Municipal/City
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Solid Waste:No
Appliances
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Appliances:Electric Cooktop, Dishwasher, Disposal, Microwave, Electric Oven, Refrigerator, Bar Fridge, Double Oven, Gas Water Heater
Schools
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High School District:Indianapolis Public Schools
The Community
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Subdivision Name:Dunlop & Tutewilers
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Spa:false
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Pool Private:false
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Association:false
Parking
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Parking Features:Carport, Concrete
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Garage:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/28/25
Apr 28, 2025
|
Sold | MIBOR | $210,000 | -16.0% |
2/11/25
Feb 11, 2025
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Pending | MIBOR | $250,000 | |
10/25/24
Oct 25, 2024
|
Price Changed | MIBOR | $250,000 | -2.0% |