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Terrace Meadows Homes for Sale

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  • 901 Melody Ln, Kokomo, IN 46902
    901 Melody Ln, Kokomo, IN 46902
    901 Melody Ln, Kokomo, IN 46902
    /28

    $217,000

    • 3 Beds
    • 2 Baths
    • 1,824 Sq Ft

    901 Melody Ln, Kokomo, IN 46902

    Spacious 3-bedroom, 2-bath ranch offering 1,824 sq. ft. of living space and plenty of potential to make it your own! The inviting living room features a large picture window that fills the space with natural light. The eat-in kitchen offers breakfast bar seating and all appliances included. Just off the kitchen, the dining area overlooks the generous family room, creating an ideal space for

    Agent Photo

    Lindsay Ousley

    The Wyman Group

    901 Melody Ln, Kokomo, IN 46902
  • 4126 Albright Rd, Kokomo, IN 46902
    4126 Albright Rd, Kokomo, IN 46902
    4126 Albright Rd, Kokomo, IN 46902
    /33

    $364,900

    $15K PRICE DROP
    • 4 Beds
    • 2.5 Baths
    • 3,012 Sq Ft

    4126 Albright Rd, Kokomo, IN 46902

    This spacious 2-story home offers over 3,000 square feet with 4 bedrooms, 2.5 bathrooms, and plenty of room to spread out. The main floor features an open layout, vaulted ceilings and two separate living spaces, creating a bright and open feel throughout the home. The eat-in kitchen includes a center island with breakfast bar seating, a walk-in pantry, and plenty of cabinet and counter space. The

    Christy Dechert The Hardie Group

    4126 Albright Rd, Kokomo, IN 46902
  • 4100 Toni Dr, Kokomo, IN 46902
    4100 Toni Dr, Kokomo, IN 46902
    4100 Toni Dr, Kokomo, IN 46902
    /34

    $285,000

    • 4 Beds
    • 2.5 Baths
    • 2,687 Sq Ft

    4100 Toni Dr, Kokomo, IN 46902

    This spacious 4 bedroom, 2.5 bath brick and wood home offers a functional layout with plenty of room to make it your own! The entry welcomes you with a staircase, while the sitting room to the left leads in to a beautiful office or library featuring hardwood floors, french doors, and built in bookcases. From there, the separate dining room flows in to the eat-in kitchen. Just beyond the kitchen

    Elise Maxwell The Hardie Group

    4100 Toni Dr, Kokomo, IN 46902
  • 1503 Honey Ln, Kokomo, IN 46902
    1503 Honey Ln, Kokomo, IN 46902
    1503 Honey Ln, Kokomo, IN 46902
    /20

    $294,900

    • 4 Beds
    • 4.5 Baths
    • 2,256 Sq Ft

    1503 Honey Ln, Kokomo, IN 46902

    Updated where it counts and filled with space you'll actually use. Located in the desirable Terrace Meadows subdivision, this 4-bedroom, 2.5-bath home offers over 2,250 square feet of living space, an updated kitchen, multiple gathering areas, an unfinished basement, and a fenced backyard. The beautifully updated kitchen features KraftMaid soft-close cabinetry, granite countertops, a center

    Jennifer Richey The Wyman Group Tipton Branch

    1503 Honey Ln, Kokomo, IN 46902
  • 615 E Alto Rd, Kokomo, IN 46902
    615 E Alto Rd, Kokomo, IN 46902
    615 E Alto Rd, Kokomo, IN 46902
    /41

    $259,900

    $10K PRICE DROP
    • 5 Beds
    • 2.5 Baths
    • 1,846 Sq Ft

    615 E Alto Rd, Kokomo, IN 46902

    Welcome to 615 E Alto Rd, a spacious one-story home situated on approximately 0.65 acres in Kokomo! This property offers 5 bedrooms and 2.5 bathrooms, providing plenty of space for a growing household, guests, or flexible living arrangements. The kitchen has been renovated and the home features central air, gas forced-air heat, and a cozy fireplace. A unique feature of this home is the former

    Kellie Dussault Keller Williams Lafayette

    615 E Alto Rd, Kokomo, IN 46902
  • 1519 E Alto Rd, Kokomo, IN 46902
    1519 E Alto Rd, Kokomo, IN 46902
    1519 E Alto Rd, Kokomo, IN 46902
    /51

    $495,000

    $5K PRICE DROP
    • 5 Beds
    • 4.5 Baths
    • 5,082 Sq Ft

    1519 E Alto Rd, Kokomo, IN 46902

    This property presents a classic value-add opportunity-ideal for fix-and-flip investors, custom builders, or buyers looking to earn rapid equity by designing their dream luxury retreat. Nestled on a sprawling 0.75-acre lot, this custom-built two-story estate offers an incredible structural footprint and unlimited modern potential. Spanning three fully finished levels, including an expansive

    Shelby Scott RE/MAX Advanced Realty

    1519 E Alto Rd, Kokomo, IN 46902
  • 3708 Orleans Dr, Kokomo, IN 46902
    3708 Orleans Dr, Kokomo, IN 46902
    3708 Orleans Dr, Kokomo, IN 46902
    /26

    $199,900

    $25K PRICE DROP
    • 3 Beds
    • 1.5 Baths
    • 1,664 Sq Ft

    3708 Orleans Dr, Kokomo, IN 46902

    Welcome to 3708 Orleans Drive! This 3-bedroom, 2-bath home offers approximately 1,664 square feet of single-level living space and a functional floor plan. The home retains many of its original-style finishes, providing an opportunity for updates and personalization. Inside, you'll find spacious living areas highlighted by a fireplace. Additional features include an attached garage and an

    Scott Droscha Creative Realty - Kokomo

    3708 Orleans Dr, Kokomo, IN 46902
  • 714 E Southway Blvd, Kokomo, IN 46902
    714 E Southway Blvd, Kokomo, IN 46902
    714 E Southway Blvd, Kokomo, IN 46902
    /42

    $234,700

    $40K PRICE DROP
    • 4 Beds
    • 3 Baths
    • 2,298 Sq Ft

    714 E Southway Blvd, Kokomo, IN 46902

    ***ATTENTION BUYERS! SELLERS ARE OFFERING $5,000 IN CLOSING COST CONSESSIONS AND A HUGE PRICE REDUCTION!***Opportunities like this don't come along very often. Looking for a place to run your business or have an in-law quarters? This home is the one! 714 E Southway Blvd has been updated and is move-in ready! The front porch welcomes guests with a beautifully designed concrete patio. Relax on the

    Sarah Floyd eXp Realty, LLC

    714 E Southway Blvd, Kokomo, IN 46902
Indiana Howard County Kokomo

Real Estate & Homes for Sale in Terrace Meadows, Kokomo

Why Live in Terrace Meadows
Terrace Meadows is a southeastern Kokomo neighborhood known close to major employers and retail centers. The mostly residential community features a variety of custom-built homes, including mid-century ranch-style properties, split-levels and contemporary houses, as well as single-story brick condos. Terrace Meadows is close to State Road 931, which provides a straightforward 30-mile route to Indianapolis' northern suburbs, as well as easy access to local manufacturers and the hospital. The neighborhood falls within the Taylor school district, with students attending Taylor Elementary, Taylor Middle School, and Taylor High School. Some parts of the neighborhood are zoned for Kokomo schools. Both Kokomo High and Taylor High are known for their strong high school sports culture, particularly basketball. The neighborhood borders the Kokomo American Legion Golf Course and Jackson Morrow Park, the latter of which features trails, a skatepark and the Kirkendall Interpretive Nature Center. Dining and shopping can be found along along State Road 931, with options ranging from chains like Applebee’s to local favorites such as Jack’s Donuts and Half Moon Restaurant and Brewery. The neighborhood experiences significant semi-truck traffic due to its proximity to major manufacturing plant. While the area has a history of tornadoes, the last fatal one occurred in 1965.
Learn more about living in Terrace Meadows

Terrace Meadows, Kokomo, IN Home Prices vs. Nearby Neighborhoods

Terrace Meadows Westbrook Sheridan Frankton
Median Home Price
$269,950
$255,000
$327,622
$269,900
Median Sale Price
$243,950
+6% YoY
$254,900
0% YoY
$314,950
-5% YoY
$237,075
+8% YoY
Avg. Price per Square Foot
$124
$127
$169
$139
Median Single Family Price
$244,900
$269,900
$320,900
$239,900
Total Active Listings
8 listings
2 listings
32 listings
11 listings
Market Conditions
3 Months of Supply
Seller's Market
1 Month of Supply
Seller's Market
2 Months of Supply
Seller's Market
6 Months of Supply
Balanced Market

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% of residents renting and 76% 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 $269,950. If you put a 20% down payment of $54,000 and had a 30-year fixed mortgage with an interest rate of 6.95%, your estimated principal and interest payment would be $1,430 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $61K a year to afford the median home price in Terrace Meadows. Learn how much home you can afford with our Home Affordability Calculator. 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, Country Club Hills, Fairlawn and Markland Heights.
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