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Terrace Meadows Homes for Sale

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  • 3812 Pamela Ct, Kokomo, IN 46902
    3812 Pamela Ct, Kokomo, IN 46902
    3812 Pamela Ct, Kokomo, IN 46902
    /11

    $169,000

    • 3 Beds
    • 2 Baths
    • 1,560 Sq Ft

    3812 Pamela Ct, Kokomo, IN 46902

    This is a one-story 3-bedroom, 2-bath brick ranch with endless potential. This home features a spacious living room, formal dining area with a charming brick fireplace wall, and hardwood floors in the bedrooms. A large shaded yard, 2-car attached garage with attic storage, and an oversized back patio. While the home needs repairs, it’s a great opportunity for a buyer ready to add value and make

    Gena Martin GMR Realty

    3812 Pamela Ct, Kokomo, IN 46902
  • 3604 Candy Ln, Kokomo, IN 46902
    3604 Candy Ln, Kokomo, IN 46902
    3604 Candy Ln, Kokomo, IN 46902
    /22

    $269,900

    • 3 Beds
    • 2 Baths
    • 1,418 Sq Ft

    3604 Candy Ln, Kokomo, IN 46902

    Welcome to this inviting 3BR/2BA home located in the sought-after Terrace Meadows subdivision. Recently updated, this home features a new roof, new windows, and a newly replaced pool liner and pump (2024). Inside, the spacious living room offers a cozy wood-burning fireplace and sliding glass doors that open directly to the pool area—ideal for entertaining guests. Enjoy brand-new appliances,

    Christy Dechert The Hardie Group

    3604 Candy Ln, Kokomo, IN 46902
  • 4232 Colter Dr, Kokomo, IN 46902
    4232 Colter Dr, Kokomo, IN 46902
    4232 Colter Dr, Kokomo, IN 46902
    /6

    $509,900

    • 4 Beds
    • 3.5 Baths
    • 2,493 Sq Ft

    4232 Colter Dr, Kokomo, IN 46902

    Welcome to your stunning NEW home by Kiracofe Homes! The Mattyson III is a beautifully designed 4BR/3.5BA ranch offering 2,493 square feet of thoughtfully crafted living space. From the moment you step inside, you'll appreciate the open-concept layout and high-quality finishes throughout. At the heart of the home is a gourmet kitchen featuring granite countertops, stainless steel appliances, and

    Christy Dechert The Hardie Group

    4232 Colter Dr, Kokomo, IN 46902
  • 3404 Candy Ln, Kokomo, IN 46902
    3404 Candy Ln, Kokomo, IN 46902
    /2

    $239,900

    • 3 Beds
    • 2 Baths
    • 2,132 Sq Ft

    3404 Candy Ln, Kokomo, IN 46902

    Wow! Many updates recently in this lovely home. Spacious rooms with lots of new flooring, updated baths and brand new kitchen cabinets which are not completely installed. Huge family room on back with beautiful, hardwood flooring. Family room with fireplace and attached 2 car garage.

    Naomi Eason RE/MAX Realty One

    3404 Candy Ln, Kokomo, IN 46902
Indiana Howard County Kokomo Terrace Meadows

Real Estate & Homes for Sale in Terrace Meadows, Kokomo

Why Live in Terrace Meadows
Terrace Meadows in Kokomo, Indiana, is a southeastern neighborhood known for its convenient location near major employers and retail options. The area features a variety of custom-built homes, including mid-century ranches, split-levels, and contemporary houses, as well as single-story brick condos. Terrace Meadows is situated close to State Road 931, providing a 30-mile route to Indianapolis' northern suburbs and easy access to local plants and the hospital. The neighborhood falls within the Taylor school district, with students attending Taylor Elementary, Taylor Middle School, and Taylor High School. Some students are zoned for Kokomo schools. Redeemer Lutheran School, a private K-8 institution, is located within the neighborhood. Points of interest include the Kokomo American Legion Golf Course and Jackson Morrow Park, which features trails, a skatepark, and the Kirkendall Interpretive Nature Center. Dining and shopping options are abundant along State Road 931, with chains like Applebee’s and local favorites such as Jack’s Donuts and Half Moon Restaurant and Brewery. The neighborhood experiences heavier semi-truck traffic due to its proximity to major employers. Kokomo High and Taylor High are known for their strong high school sports culture, particularly basketball. While the area has a history of tornadoes, the last fatal one occurred in 1965. Terrace Meadows offers a blend of suburban comfort and practical amenities, making it a notable part of Kokomo.
Learn more about living in Terrace Meadows

Frequently Asked Questions

Is Terrace Meadows a good place to live?
Terrace Meadows is a good place to live. Terrace Meadows is considered car-dependent and somewhat bikeable. Terrace Meadows has 1 park for recreational activities. It is fairly sparse in population with 4.0 people per acre and a median age of 50. The average household income is $81,134 which is below the national average. College graduates make up 20.8% of residents. A majority of residents in Terrace Meadows are home owners, with 24.4% of residents renting and 75.6% of residents owning their home. A local real estate agent serving Terrace Meadows can help you decide if this neighborhood is the right one for you. Learn more on our Terrace Meadows neighborhood guide.
How much do you need to make to afford a house in Terrace Meadows?
The median home price in Terrace Meadows is $234,950. If you put a 20% down payment of $47,000 and had a 30-year fixed mortgage with an interest rate of 6.56%, your estimated principal and interest payment would be $1,200 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $51K a year to afford the median home price in Terrace Meadows. The average household income in Terrace Meadows is $81K.
What are the best public schools in Terrace Meadows?
The best public schools that serve Terrace Meadows are:
What are the best private schools in Terrace Meadows?
The best private schools that serve Terrace Meadows are:
What are the most popular zip codes in Terrace Meadows, Kokomo, IN?
The most popular zip codes in Terrace Meadows, Kokomo, IN include 46902, 46901, 46068, 46979 and 46936.
What are the most popular neighborhoods near Terrace Meadows, Kokomo, IN?
The most popular neighborhoods near Terrace Meadows, Kokomo, IN are Indian Heights, Maple Crest, Cedar Crest, Fairlawn and Country Club Hills.

Home Trends in Terrace Meadows, IN

On average, homes in Terrace Meadows, Kokomo sell after 34 days on the market compared to the national average of 52 days. The median sale price for homes in Terrace Meadows, Kokomo over the last 12 months is $228,500, up 2% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$228,500
Median Single Family Sale Price
$229,250
Median 2 Bedroom Sale Price
$234,900
Average Price Per Sq Ft
$123
Number of Homes for Sale
4
Last 12 months Home Sales
51
Months of Supply
0.90
Median List Price
$234,950
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
2%
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