4841 E Terrace Avenue
Indianapolis, IN 46203
- 2 beds
- 1 bath
- 780 sqft
- 14,976 sqft lot
- $320 per sqft
- 1947 build
Unique opportunity to own 3 contiguous lots for either an owner occupant or investor for income production. The 3 lots have a storage building, 2 bedroom/1 bath residential unit/Apartment and a large 2 bay mechanics garage. The mechanics garage is heated and cooled. There is a bathroom, office and large entry area. Both garage bays have oversized garage doors for servicing larger vehicles. While zoned residentially, the owner successfully worked out of this space for nearly 50 years servicing vehicles. The residential unit has a working kitchen and laundry, large bedroom with door to outside courtyard. There is a large patio connecting the residential unit to the storage building. Storage building currently being leased. Own and occupy all 3 buildings or own and lease all three. The potential for this unique property is vast.
Last checked:
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Last updated Apr 16, 2024
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MLS# 21958088 —
This home is listed in more than one place. See it here.
Monthly cost estimate
Asking price
$250,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$1,338
|
| Taxes | $131 |
| Insurance | $68 |
| Utilities | $117 See report |
| Total | $1,654/mo.* |
| *This is an estimate |
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 |
|---|---|---|---|---|
|
12/30/23
Dec 30, 2023
|
Listed / Active | MIBOR | $250,000 |