$257,458Average Value$125Average Price per Sq Ft6Homes For Sale
Proximity to State Road 931 a plus
Located in the southeastern part of the city near Kokomo’s retail district and largest employers, Terrace Meadows offers convenience with suburban-style comforts. “That’s a really popular area because of its location,” says Charise Goodnight, Realtor at RE/Max Realty One. “You have easy access on (State Road) 931. You're on the south side of Howard County, so you can zip down to Indy and Westfield. There’s quick access if you work at any of the plants. And it’s not far from the hospital.”
Terrace Meadows sits on the southeast edge of Kokomo.
Terrace Meadows is conveniently located next to Community Howard Regional Health.
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A wide variety of housing styles
Terrace Meadows offers a wider range of housing variety than many Kokomo neighborhoods. “It’s not one of those subdivisions where the builder had three plans and stamped them all out,” Goodnight says. “These are all custom-built homes.” Ranches and split-levels are the most common, particularly in parts of the neighborhood constructed between the 1950s-70s. Other parts of the neighborhood feature single-story brick condos. There are also one- and two-story contemporary custom houses over 2,000 square feet. Mid-century ranches and split levels can range from $150,000-275,000, while houses built more recently range from $250,000 to around $450,000.
Homes in Terrace Meadows have large yards.
Terrace Meadows has a good mix of small and large homes.
There are many unique split-level style homes in Terrace Meadows.
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Neighborhood split between Taylor and Kokomo schools
Most students in Terrace Meadows live in the Taylor school district. They will attend Taylor Elementary, which is in the Indian Heights neighborhood and receives a C-rating on Niche. C-rated Taylor Middle School and B-rated Taylor High School are on the same campus in unincorporated Center. Students in the northwestern part of the neighborhood are zoned for Kokomo schools. They would attend C-rated Boulevard Elementary, C-rated Maple Crest Midde and C-plus rated Kokomo High. There is also a private school in the neighborhood. Redeemer Lutheran School, which has just over 160 students enrolled, is a K-8 school and is not rated.
Taylor High School receives an overall Niche grade of B.
Kokomo High School, Kokomo
Taylor Middle School receives an overall Niche Grade of C.
Maple Crest Middle School, Kokomo
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Easy access to many top Kokomo employers
Major Kokomo employers are clustered just north of Terrace Meadows – Chrysler's transmission plant, GM’s electronics plant, and BorgWarner’s technical center. Though it makes for a short commute, it also means the areas just north of the neighborhood have heavier semi-truck traffic than other parts of town. Community Howard Regional Health hospital is directly west of the neighborhood. And State Road 931 is a 30-mile trip to Indianapolis’ northern suburbs.
The Chrysler transmission plant is on of the largest employers in the Terrace Meadows area.
State Road 931 gets Terrace Meadows residents where the need to be.
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American Legion Golf Course, Jackson Morrow Park nearby
Kokomo American Legion Golf Course, which is the city’s most inexpensive to play, is just outside the neighborhood. The unpretentious 18-hole par-70 is also the only American Legion-owned and operated golf course in the country. Jackson Morrow Park, about a mile southwest of Terrace Meadows, is the nearest park. The 100-acre park is home to the Kirkendall Interpretive Nature Center, which features exhibits highlighting native Indiana species. Morrow Park also has trails, a skatepark, sand volleyball courts, a regulation basketball court and a playground shaped like the outline of Indiana.
Residents of Terrace Meadows can play a round of golf at the American Legion Golf Course.
Terrace Meadows' American Legion Golf Course is the only one of it's kind.
Terrace Meadows nature lovers will enjoy Jackson Morrow Park.
Jackson Morrow Park provides a place for Terrace Meadows residents to play sand volleyball.
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Chain restaurants and retailers, plus local faves
Multiple chains -- like Applebee’s, Starbucks, Outback Steakhouse and Texas Roadhouse – are just outside the neighborhood along State Road 931. The same goes for chain retailers such as Lowe’s and Ashley Home Furniture. There are also local favorites like Jack’s Donuts of Kokomo, an area breakfast staple since 1962. Half Moon Restaurant and Brewery was Kokomo’s first brewpub when it opened in 2007 and has become one of its most popular restaurants in the time since. Sunspot Natural Market and Kroger are nearby grocery stores.
Chain restaurants like Applebee's are close to Terrace Meadows.
Terrace Meadows is located close to Outback Steakhouse.
Terrace Meadows residents that can't decide between breakfast or lunch have options.
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High school sporting events a big draw
Whether it’s Kokomo High or Taylor High, high school sports are a big deal in Indiana – especially basketball. No matter the school size, packed gyms are the norm from November-March. Taylor, which has an enrollment of around 400 students, participates in sports in the Hoosier Heartland Conference and at the Class 2A level statewide. Kokomo is a member of the North Central Conference, facing similar-sized schools ranging across Indiana from Logansport to Richmond. The Wildcats play in Class 4A at the statewide level.
Kokomo High School, Kokomo
Taylor High School receives an overall Niche grade of B.
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A noteworthy local tornado history
Tornado season is not to be taken lightly in Kokomo. Since 1951, 27 twisters have touched down in Howard County, including a Category F4 in 1965 that killed 17 people and left 560 injured after one of the nation’s most dangerous tornado outbreaks. The 1965 tornado cut through a portion of Terrace Meadows on its destructive path. Fortunately, it remains the last time a tornado caused fatalities in Kokomo.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
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Crime and Safety
1 - Low Crime, 10 - High Crime
Terrace Meadows
US
Homicide
4
4
Sexual Assault
3
4
Assault with Weapon
4
4
Robbery
4
4
Burglary
5
4
Motor Vehicle Theft
4
4
Larceny
4
4
Crime Score
4
4
Source: WhatIsMyCrimeRisk.com
Terrace Meadows Demographics and Home Trends
On average, homes in Terrace Meadows, Kokomo sell after 38 days on the market compared to the national average of 55 days. The median sale price for homes in Terrace Meadows, Kokomo over the last 12 months is $244,900, up 9% from the median home sale price over the previous 12 months.
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