Terrace Meadows Houses for Sale

/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
/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
/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
/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

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

Home Trends in Terrace Meadows, IN

On average, homes in Terrace Meadows, Kokomo sell after 41 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 $397,435, down 7% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$397,435

Median Single Family Sale Price

$495,000

Median Townhouse Sale Price

$385,000

Average Price Per Sq Ft

$248

Number of Homes for Sale

Last 12 months Home Sales

Months of Supply

4.50

Median List Price

$495,000

Median Change From 1st List Price

Median Home Sale Price YoY Change

-7%

How to Buy a Home How to Finance a Home How to Sell a Home

In Terrace Meadows, there are currently 4 houses for sale, offering a variety of options for prospective buyers. With houses ranging from $239,900 to $509,900, there's something for every budget. As of July, 2025 the median home price in Terrace Meadows, Kokomo is $495,000, while the average sale price is $530,329, providing insight into local market trends. On average, houses spend 41 days on the market before being sold. Whether you're searching for a single-family residence, exploring single-family detached houses for sale, or considering new construction houses for sale, there are options available to suit every lifestyle. Browse properties and houses for sale in Terrace Meadows, Kokomo and find the perfect place to call home.

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