1425 Terrace Avenue Indianapolis, IN $ 99,000
1425 Terrace Avenue
$ 99,000
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1425 Terrace Avenue

Indianapolis, IN, 46203
$ 99,000
Bedrooms2 Baths1.0 Sq 888

Monthly Estimate*

$ 684

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Single Family Home for sale in Indianapolis, IN

for $99,000 with 2 bedrooms and 1 full bath. This 888 square foot home was built in 1885 on a lot size of 0.09.

Let's get to know your next FABULOUS project ... 1425 Terrace Ave ... She's a 2 bedroom cutie in the Fountain Square neighborhood; and, yes, she needs a lot of love; but her bones appear to be solid & her location supports an overhaul (the neighbors think she's long overdue for a glow up - check out the recent sales data on the street - this girl is way behind the times). Fountain Square is one of the coolest pockets in Indy, just minutes from restaurants, coffee shops, breweries, live music & duckpin bowling. Getting into the City's Center is an easy trip, so dinner or a show or a game is never a big production from here. People want to be in this part of town, & she puts you right in the mix. So what would be your plan? She'll make a great long-term rental for a buy & hold strategy, or you could fix & flip her & let the neighborhood do the selling for you. Perhaps you're looking for your own little hideaway near the action, or even to host an Airbnb that others will enjoy while lining your pockets? Whatever your plan, the location is already handled & you'll get to focus on bringing her back to life. She is absolutely priced to sell this week, so seriously call your contractor & your imagination & get in there ASAP. She is being sold as-is where-is, exactly in the condition she's in. No inspection contingencies or as is addendums will be considered, as NO OFFERS WILL BE REVIEWED BEFORE 4PM ON 11/6/2026, SPECIFICALLY TO ALLOW TIME FOR ALL INTERESTED PARTIES TO COMPLETE DUE DILIGENCE BEFORE SUBMITTING AN INFORMED *AS IS* OFFER.

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Single Family Active

Price

$ 99,000

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 1,962

Style

Bungalow,Traditional

Lot Size

0.09

Year Built

1885

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22134123

Features
Interior
Interior Amenities Attic Access Hi-Speed Internet Availbl Eat-in Kitchen Wood Work Painted
Basement Cellar
Total Fireplaces 0
Basement (Y/N) Y
Half Baths 0
Laundry Features Connections All
Total Bedrooms 2
Below Grade Finished Area 0
Main Level Bedrooms 2
Total Baths 1
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General
Heating Forced Air Natural Gas
Cooling None
Utilities Electricity Connected Natural Gas Connected Water Connected Sewer Connected
Possession Closing
Appliances None Gas Water Heater
Garage Spaces 1
Patio/Porch Features Covered
Architectural Style Bungalow Traditional
Construction Materials Vinyl Siding
Year Built 1885
Township Center
Levels One
Property Subtype Single Family Residence
Tax Year 2025
County Marion
New Construction N
Property Type Residential
HOA N
Subdivision Name Fountain Square
Facing Direction North
Garage Y/N Y
Total Rooms 5
Full Baths 1
Status Active
Directions GPS Friendly
City Indianapolis
High School District Indianapolis Public Schools
MLS Area 4910 - Marion - Center
Lot Size Square Feet 3790
Property Attached Y/N N
Current Financing FHA 203(k)
Property Condition Fixer
Additional Parcels Y/N N
Standard Status Active
Tax Lot 491018105030000101
Legal Description Hubbard Mc Carty Martindale Sub L7 Blk10
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Exterior
Exterior Amenities Fire Pit
Fencing Full
Parking Features Alley Access Detached Garage Faces Rear
Lot Features City Lot Curbs Sidewalks Storm Sewer Street Lights
Water Source Public
Foundation Details Block
Spa N
Building Area Total 888
Lot Size Acres 0.09
Waterfront Y/N N
Other Equipment None
Horse Amenities None
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* Excluded Features
List By
Carpenter, Realtors®

Broker

jblandford@callcarpenter.com

Email

Affordability Calculator

$847
Per Month
81%
19%
0%
Monthly Principal & Interest
$684
Monthly Property Taxes
$164
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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The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4044905 Elementary School
4044909 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/29/2026$99,000 Listed Price

Map


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1425 Terrace Avenue, Indianapolis, IN, 46203 is a Single Family Home for sale at $99,000 with 888 sqft and a lot size of 0.09. 1425 Terrace Avenue has 2 bedrooms, 1.0 baths, and was built in 1885. The property's zip code is 46203 which is in Indianapolis, IN