1741 Terrace Avenue Indianapolis, IN $ 200,000
1741 Terrace Avenue
$ 200,000
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1741 Terrace Avenue

Indianapolis, IN, 46203
$ 200,000
Bedrooms6 Baths2.0 Sq 4,608

Monthly Estimate*

$ 1,381

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Single Family Home for sale in Indianapolis, IN

for $200,000 with 6 bedrooms and 2 full baths. This 4,608 square foot home was built in 1930 on a lot size of 0.18.

Welcome to 1741 Terrace Ave, a unique and versatile property offering plenty of space and possibilities! Currently configured as a single-family home, this property was previously used as a duplex and offers the potential to be converted back for those looking for a multi-generational living arrangement or investment opportunity. The flexible floor plan features 6 bedrooms, 2 full bathrooms, 2 kitchens, and multiple living areas, providing plenty of room to spread out. A large basement offers additional storage, work out room, and laundry, while the enclosed front porch and back deck provide extra spaces to relax or entertain. Outside, you'll find four gravel parking spaces, along with a storage barn for added convenience. Whether you're searching for a spacious single-family home, a property that can accommodate extended family, or an opportunity to explore conversion back to a duplex, this home offers options that are hard to find. Owner currently has 3 tenants and charges weekly rent.

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Single Family Active

Price

$ 200,000

Bedrooms

6

Full Bath

2

Property Type

Single Family

Taxes

$ 1,360

Style

Traditional

Lot Size

0.18

Year Built

1930

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22102056

Features
Interior
Interior Amenities Attic Stairway Paddle Fan Eat-in Kitchen
Basement Full Storage Space Unfinished
Basement (Y/N) Y
Half Baths 0
Laundry Features In Basement
Total Bedrooms 6
Below Grade Finished Area 0
Main Level Bedrooms 0
Total Baths 2
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General
Heating Natural Gas
Cooling Window Unit(s)
Possession Negotiable
Appliances Dryer Microwave Electric Oven Gas Oven Refrigerator Washer
Patio/Porch Features Deck Glass Enclosed
Architectural Style Traditional
Construction Materials Vinyl Siding
Year Built 1930
Electric 100 Amp Service
Township Center
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
County Marion
New Construction N
Property Type Residential
HOA N
Subdivision Name A Dennys Sub J F Wingate
Garage Y/N N
Total Rooms 14
Full Baths 2
Status Active
Directions GPS Friendly
City Indianapolis
High School District Indianapolis Public Schools
MLS Area 4910 - Marion - Center
Lot Size Square Feet 7971
Property Attached Y/N N
Additional Parcels Y/N N
Standard Status Active
Tax Lot 2
Legal Description A Dennys Sub J F Wingate Sub L2 & 10.10Ft Nl X8.71Ft Sl E Side L1
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Exterior
Exterior Amenities Storage Shed
Parking Features Alley Access Guest
Lot Features Sidewalks Mature Trees
Water Source Public
Foundation Details Block
Spa N
Building Area Total 4608
Lot Size Acres 0.18
Horse Amenities None
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* Excluded Features
List By
Re/Max Advanced Realty

Broker

michelle@indyhomepros.com

Email

Affordability Calculator

$1,495
Per Month
92%
8%
0%
Monthly Principal & Interest
$1,381
Monthly Property Taxes
$113
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4044905 Elementary School
4044909 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/21/2026$200,000 -11.11% Price Down
6/17/2026$225,000 -10.00% Price Down
5/15/2026$250,000 Listed Price

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1741 Terrace Avenue, Indianapolis, IN, 46203 is a Single Family Home for sale at $200,000 with 4,608 sqft and a lot size of 0.18. 1741 Terrace Avenue has 6 bedrooms, 2.0 baths, and was built in 1930. The property's zip code is 46203 which is in Indianapolis, IN