NOT LISTED FOR SALE

3838 Terrace Ave Indianapolis, IN 46203

Near Southeast Neighborhood

Estimated Value: $168,000 - $194,000

3 Beds
1 Bath
1,092 Sq Ft
$168/Sq Ft Est. Value

Last Sold May 31, 2022

Last sale price $162,000 $148 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,146/month

3 Days on Market

Highlights

  • Ranch Style House
  • Woodwork
  • Fire Pit
  • Formal Dining Room
  • Patio
  • Outdoor Storage

About This Home

As of May 2022

Welcome home to Terrace Ave! Step into a fully renovated ranch home which features 3 bedrooms & 1 spacious bathroom. New roof, windows, flooring & appliances are just some of the updates this home has to offer. Looking to entertain? This home not only has a front yard but also a backyard for all your family gatherings. Schedule your showing today!

Last Agent to Sell the Property

Mina Kadhum

Trueblood Real Estate Listed on: 04/09/2022

Trueblood Real Estate

Last Buyer's Agent

Marita Topmiller

Highgarden Real Estate

Highgarden Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $914

Year Built

  • Built in 1949

Lot Details

  • 7,841 Sq Ft Lot
  • Partially Fenced Property

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,092 Sq Ft Home
  • Woodwork
  • Vinyl Clad Windows
  • Window Screens
  • Formal Dining Room
  • Vinyl Flooring
  • Crawl Space
  • Attic Access Panel

Kitchen

  • Electric Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Fire Pit
  • Outdoor Storage

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 491016131005000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$914

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch, TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1949
  • Building Area Total: 1092
  • Garage Y N: No
  • Lot Size Acres: 0.18
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: General
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Electric Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Interior Amenities: Attic Access, Screens Complete, Windows Vinyl, Wood Work Painted
  • Other Equipment: Not Applicable
  • Areas Interior: Bath Sinks Double Main,Laundry Room Main Level
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1092
  • Main Level Sq Ft: 1092
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Sinks Double
  • Kitchen Features: Pantry
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Gravel, Fence Partial, Fire Pit, Storage
  • Foundation Details: Crawl Space
  • List Price: 159999
  • Association Maintained Building Exterior: 0
  • Porch: Open Patio

Garage/Parking

  • Fuel: Electric,Gas
  • Garage Parking Description: None
  • Garage Parking Other: Workshop

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Gas Connected
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491016131005000101
  • Acres: <1/4 Acre
  • Lot Information: Not In Subdivision,Tree Mature
  • Lot Number: 1
  • Lot Size: 7700

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 914
  • Semi Annual Property Tax Amt: 457
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2022
Closed on
May 31, 2022
Sold by
Mak Property Group Llc
Bought by
Sullivan Dustin T and England Brianna N
Seller's Agent
Mina Kadhum
Trueblood Real Estate
Buyer's Agent
Marita Topmiller
Highgarden Real Estate
List Price
$159,999
Sold Price
$162,000
Premium/Discount to List
$2,001
1.25%
Current Estimated Value
$183,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,089
Avg. Annual Appreciation
1.09%
Original Mortgage
$9,720
Outstanding Balance
$7,064
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$160,727

Purchase Details

Listed on
Oct 29, 2021
Closed on
Nov 23, 2021
Sold by
Lake Prop 1 Llc
Bought by
Mak Property Group Llc
Seller's Agent
Non-BLC Member
MIBOR REALTOR® Association
Buyer's Agent
Mina Kadhum
Trueblood Real Estate
List Price
$80,000
Sold Price
$80,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
288.40%
Original Mortgage
$76,474
Interest Rate
3.14%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 20, 2020
Sold by
Jones Donald P and Jones Elizabeth A
Bought by
Jones Donald P
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sullivan Dustin T $162,000 None Listed On Document
Mak Property Group Llc $62,000 None Available
Lake Prop 1 Llc $62,000 None Available
Jones Donald P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sullivan Dustin T $9,720
Closed Sullivan Dustin T $9,720
Open Sullivan Dustin T $159,065
Previous Owner Lake Prop 1 Llc $76,474
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2022 05/31/22 Sold $162,000 +1.3% $148 / Sq Ft
04/12/2022 04/12/22 Pending -- -- --
04/09/2022 04/09/22 For Sale $159,999 +100.0% $147 / Sq Ft
11/23/2021 11/23/21 Sold $80,000 0.0% $73 / Sq Ft
10/29/2021 10/29/21 For Sale $80,000 -- $73 / 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 $1,798 $150,200 $5,600 $144,600
2023 $1,798 $151,700 $5,600 $146,100
2022 $822 $79,400 $5,600 $73,800
2021 $914 $35,200 $5,600 $29,600
2020 $875 $33,500 $5,600 $27,900
2019 $937 $35,600 $4,700 $30,900
2018 $854 $31,900 $4,700 $27,200
2017 $793 $33,000 $4,700 $28,300
2016 $1,115 $31,400 $4,700 $26,700
2014 $906 $40,900 $4,700 $36,200
2013 $893 $41,700 $4,700 $37,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Mina Kadhum

    Trueblood Real Estate

    Section Image

  • M

    Buyer's Agent in 2022

    Marita Topmiller

    Highgarden Real Estate

    Section Image

  • N

    Seller's Agent in 2021

    Non-BLC Member

    MIBOR REALTOR® Association

    Non-BLC Member
    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21848051

MIBOR Broker Listing Cooperative®

APN: 49-10-16-131-005.000-101

Indiana Marion County Indianapolis 46203 Near Southeast

3838 Terrace Ave, Indianapolis, IN

This home is located at 3838 Terrace Ave, Indianapolis, IN 46203 since 09 April 2022 and is currently estimated at $183,089, approximately $167 per square foot. This property was built in 1949. 3838 Terrace Ave is a home located in Marion County with nearby schools including Paul I. Miller School No. 114, Arlington Community Middle School, and Arsenal Technical High School.

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.

Nearby Homes