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Terrace Meadows Homes for Sale

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  • /33

    $369,900

    $10K 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
  • /42

    $264,900

    $10K PRICE DROP
    • 4 Beds
    • 3 Baths
    • 2,298 Sq Ft

    714 E Southway Blvd, Kokomo, IN 46902

    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 porch and watch the world go by. Home encompasses 4 spacious bedrooms, 3-baths with extra living space and

    Sarah Floyd eXp Realty LLC

    714 E Southway Blvd, Kokomo, IN 46902
  • /40

    $425,000

    • 4 Beds
    • 3.5 Baths
    • 3,853 Sq Ft

    1503 E Southway Blvd, Kokomo, IN 46902

    City & country living at it's best on 1.10 acres. Ruble Stone ranch with 4 bedrooms, 3.5 baths and a beautiful heated inground pool surrounded by lovely landscaping& wooded setting. Pool Heater and pump 2 yrs old- liner 1 y old. Lovely updated kitchen, granite and tile backsplash with walk-in pantry, planning desk, and a charming full wall brick fireplace. The eat in kitchen opens to a lovely

    Tiffany Rodabaugh Apple Tree Realty, LLC

    1503 E Southway Blvd, Kokomo, IN 46902
  • /29

    $285,000

    $14K PRICE DROP
    • 4 Beds
    • 2.5 Baths
    • 2,263 Sq Ft

    3809 Orleans Dr, Kokomo, IN 46902

    Move-in ready and full of space! This 4 bedroom, 2.5 bath home offers over 2200 square feet of living space, including a beautifully remodeled basement featuring a large great room perfect for entertaining, relaxing, or working from home. Enjoy the covered front porch, spacious fenced backyard, and flexible floor plan designed for modern living. Conveniently located on Kokomo's south side near

    Missy Jackson RE/MAX Realty One

    3809 Orleans Dr, Kokomo, IN 46902
  • /15

    $185,000

    • 3 Beds
    • 1.5 Baths
    • 1,040 Sq Ft

    3509 Melody Ln W, Kokomo, IN 46902

    Welcome home to this charming all-stone ranch in the desirable Terrace Meadows neighborhood! This well-designed 3-bedroom, 1.5-bath home offers comfortable, single-level living and is conveniently located just minutes from all the shopping, dining, and amenities Kokomo has to offer. The spacious eat-in kitchen comes fully equipped with appliances and features abundant cabinet space, along with a

    Jessica Matthews D.R. Indiana Realty LLC

    3509 Melody Ln W, Kokomo, IN 46902
  • /21

    $185,000

    $3K PRICE DROP
    • 2 Beds
    • 1.5 Baths
    • 1,112 Sq Ft

    4015 Albright Rd, Kokomo, IN 46902

    Look at this fully remodeled 1-2 bedroom condo. A bright, open floor plan featuring new luxury vinyl plank flooring, fresh paint, and trendy light fixtures throughout. New Heat & Glo direct vent gas fireplace, which adds warmth and ambiance to the space. The kitchen, dining room, and bathrooms have all been beautifully updated with stylish finishes. Kitchen includes all appliances. Furnace only a

    Tiffany Rodabaugh Apple Tree Realty, LLC

    4015 Albright Rd, Kokomo, IN 46902

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.

Terrace Meadows Home Prices vs. Nearby Kokomo, IN Neighborhoods

Terrace Meadows Key Meadows Bridge Water Westbrook
Median Home Price
$269,900
$259,900
$282,450
$250,000
Median Sale Price
$244,950
+7% YoY
$250,000
+2% YoY
$260,000
-4% YoY
$240,000
-4% YoY
Median Single Family Price
$264,900
$275,500
$269,450
$254,900
Median Condo Price
$228,700
$200,000
--
$167,450
Total Active Listings
7
24
3
2
Market Conditions
2 Months of Supply
Seller's Market
2 Months of Supply
Seller's Market
2 Months of Supply
Seller's Market
1 Months of Supply
Seller's 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 is a neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. 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.
Is Terrace Meadows, IN a safe neighborhood?
Terrace Meadows, IN is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Terrace Meadows?
The median home price in Terrace Meadows is $269,900. If you put a 20% down payment of $54,000 and had a 30-year fixed mortgage with an interest rate of 6.43%, your estimated principal and interest payment would be $1,350 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $58K 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, 46979, 46936 and 46049.
What are the most popular neighborhoods near Terrace Meadows, Kokomo, IN?
The most popular neighborhoods near Terrace Meadows, Kokomo, IN are Indian Heights, Westbrook, Country Club Hills, Fairlawn and Wildcat.
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