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Terrace Meadows Homes for Sale

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  • 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
  • 3605 Tally Ho Dr, Kokomo, IN 46902
    3605 Tally Ho Dr, Kokomo, IN 46902
    3605 Tally Ho Dr, Kokomo, IN 46902
    /31

    $247,500

    • 3 Beds
    • 2 Baths
    • 1,562 Sq Ft

    3605 Tally Ho Dr, Kokomo, IN 46902

    Welcome to this beautifully maintained 3-bedroom, 2-full-bath ranch nestled in a peaceful and established neighborhood on the south side of Kokomo. This solid, all-brick home is move-in ready and packed with updates that blend modern comfort with timeless charm. Once inside, you will find a bright, inviting interior with a functional layout perfect for everyday living and entertaining. The

    Kate Rice KW Red Door Group

    3605 Tally Ho Dr, Kokomo, IN 46902
  • 3208 Susan Dr, Kokomo, IN 46902
    3208 Susan Dr, Kokomo, IN 46902
    3208 Susan Dr, Kokomo, IN 46902
    /19

    $316,800

    • 5 Beds
    • 2.5 Baths
    • 3,681 Sq Ft

    3208 Susan Dr, Kokomo, IN 46902

    Welcome to this spacious, custom-built John Smith home with nearly 3700 sq ft of living space! Featuring Brand New Flooring and Carpet Throughout !!! 4-6 bedrooms and 2.5 baths, this home offers generous storage, large rooms, a formal dining area, and a lovely 3-season room perfect for relaxing. Both full bathrooms were been beautifully renovated 2 years ago, with the master featuring a

    Anthony Cohen Summerland Realty Group, LLC

    3208 Susan 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 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 $449,500. If you put a 20% down payment of $89,900 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,330 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $100K 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, 46979, 46936 and 46072.
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, Country Club Hills and Markland Heights.

Home Trends in Terrace Meadows, IN

On average, homes in Terrace Meadows, Kokomo sell after 31 days on the market compared to the national average of 70 days. The median sale price for homes in Terrace Meadows, Kokomo over the last 12 months is $387,935, down 9% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$387,935
Median Single Family Sale Price
$495,000
Median Townhouse Sale Price
$385,000
Average Price Per Sq Ft
$241
Number of Homes for Sale
6
Last 12 months Home Sales
20
Months of Supply
3.60
Median List Price
$449,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-9%
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