NOT LISTED FOR SALE

302 Terrace Ave Indianapolis, IN 46225

Bates-Hendricks Neighborhood

Estimated Value: $238,000 - $326,000

2 Beds
1.5 Baths
1,650 Sq Ft
$172/Sq Ft Est. Value

Last Sold August 15, 2022

Last sale price $310,000 $188 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $1,826/month

16 Days on Market

Highlights

  • Vaulted Ceiling
  • Covered Patio or Porch
  • Built-in Bookshelves
  • Traditional Architecture
  • 2 Car Detached Garage
  • 4-minute walk to Hendricks Park

About This Home

As of August 2022

Looking for a cozy cottage, but still needing loads of space? Look no further than this beautiful 2-bedroom home on Terrace Avenue! Step inside the inviting living room featuring a plethora of natural light and rustic accents. The beautiful kitchen has a modern design including a stylish backsplash and tons of storage space. Need a place to escape and unwind? Head up the rolling ladder to the spacious yet private loft, perfect for a fun entertainment space or your own quiet office. Step outside to your intimate backyard providing plenty of room for family gatherings and backyard BBQs. This stunning updated dream is less than a mile away from the downtown area and Fountain Square!

Last Agent to Sell the Property

Scott Smith

Keller Williams Indy Metro S Listed on: 06/22/2022

Keller Williams Indy Metro S

Co-Listed By

Conner Bryant

Keller Williams Indy Metro S

Last Buyer's Agent

Joy Eder

Crossroads Real Estate Group LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,308

Year Built

  • Built in 1890

Lot Details

  • 3,311 Sq Ft Lot
  • Property is Fully Fenced

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Foundation

Interior Spaces

  • Built-in Bookshelves
  • Vaulted Ceiling
  • Combination Dining and Living Room
  • Vinyl Plank Flooring
  • Unfinished Basement
  • Sump Pump
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Dunlop & Tutewilers Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491113218022000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,308

Year Built

Built in 1890

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1890
  • Building Area Total: 1650
  • Co List Office Phone: 317-882-5900
  • Garage Y N: Yes
  • Lot Size Acres: 0.076
  • Subdivision Name: DUNLOP & TUTEWILERS
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Washer
  • Levels: One Leveland + Loft
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Built In Book Shelves, Vaulted Ceiling(s)
  • Other Equipment: Smoke Detector, Sump Pump
  • Areas Interior: Laundry Room Main Level
  • Eating Area: Dining Combo/Living Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1132
  • Main Level Sq Ft: 1036
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Kitchen Features: Breakfast Bar,Kitchen Updated
  • Below Grade Sq Ft: 518
  • Upper Level Sq Ft: 96
  • Pct Optional Level Finished: 0-25%

Exterior Features

  • Construction Materials: Wood
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete, Fence Complete
  • Foundation Details: Brick
  • List Price: 300000
  • Association Maintained Building Exterior: 0
  • Porch: Covered Patio

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Detached
  • Garage Parking Other: Garage Door Opener,Other
  • Garage Sq Ft: 396

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491113218022000101
  • Acres: <1/4 Acre
  • Lot Information: Curbs,Sidewalks
  • Lot Number: 77
  • Lot Size: 3,311

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1308
  • Semi Annual Property Tax Amt: 654
  • Tax Exemption: HomesteadTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2022
Closed on
Aug 11, 2022
Sold by
Obrien Iii James L
Bought by
Parnell Hayley and Storm Von
Seller's Agent
Scott Smith
Keller Williams Indy Metro S
Buyer's Agent
Joy Eder
Crossroads Real Estate Group LLC
List Price
$300,000
Sold Price
$310,000
Premium/Discount to List
$10,000
3.33%
Current Estimated Value
$284,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,523
Avg. Annual Appreciation
-3.05%
Original Mortgage
$300,700
Outstanding Balance
$289,404
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
-$7,281

Purchase Details

Closed on
Apr 20, 2018
Sold by
Daniel Cherry
Bought by
Iii

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,188
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 22, 2015
Sold by
Deleon Juanita Piceno
Bought by
Cherry Daniel

Purchase Details

Closed on
Aug 27, 2012
Sold by
Guzman Isenia
Bought by
Deleon Juanita Piceno

Purchase Details

Closed on
Mar 28, 2012
Sold by
Coogan George H and Coogan Dawn E
Bought by
Guzman Isenia
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Parnell Hayley $310,000 Chicago Title
Iii $100,000 --
Obrien James L $100,000 Best Title
Cherry Daniel $12,000 None Available
Deleon Juanita Piceno -- None Available
Guzman Isenia -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parnell Hayley $300,700
Previous Owner Obrien James L $98,188
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2022 08/15/22 Sold $310,000 +3.3% $188 / Sq Ft
07/08/2022 07/08/22 Pending -- -- --
06/22/2022 06/22/22 For Sale $300,000 -- $182 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,343 $286,500 $22,700 $263,800
2023 $3,343 $276,400 $22,700 $253,700
2022 $2,074 $170,000 $22,700 $147,300
2021 $1,374 $116,500 $22,700 $93,800
2020 $1,308 $111,000 $22,700 $88,300
2019 $501 $57,100 $3,900 $53,200
2018 $459 $50,200 $3,900 $46,300
2017 $975 $43,000 $3,900 $39,100
2016 $954 $43,000 $3,900 $39,100
2014 $815 $37,900 $3,900 $34,000
2013 $769 $37,100 $3,900 $33,200
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Scott Smith

    Keller Williams Indy Metro S

    Section Image

  • C

    Seller Co-Listing Agent in 2022

    Conner Bryant

    Keller Williams Indy Metro S

  • J

    Buyer's Agent in 2022

    Joy Eder

    Crossroads Real Estate Group LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21863324

MIBOR Broker Listing Cooperative®

APN: 49-11-13-218-022.000-101

Indiana Marion County Indianapolis 46225 Bates-Hendricks

302 Terrace Ave, Indianapolis, IN

This home is located at 302 Terrace Ave, Indianapolis, IN 46225 since 22 June 2022 and is currently estimated at $284,477, approximately $172 per square foot. This property was built in 1890. 302 Terrace Ave is a home located in Marion County with nearby schools including James A. Garfield School 31, Arsenal Technical High School, and George Washington Community High School No. 721.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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