NOT LISTED FOR SALE

5649 Terrace Ave Indianapolis, IN 46203

Southeast Indianapolis Neighborhood

Estimated Value: $184,000 - $241,930

3 Beds
2 Baths
2,224 Sq Ft
$98/Sq Ft Est. Value

About This Home

This home is located at 5649 Terrace Ave, Indianapolis, IN 46203 and is currently estimated at $218,483, approximately $98 per square foot. 5649 Terrace Ave is a home with nearby schools including Lowell Elementary School, Raymond Park Intermediate School (5-6), and Raymond Park Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2025
Sold by
Morgan Bruce H and John D Morgan Sr And Barbara R Morgan Re
Bought by
Morgan Linzie
Current Estimated Value
$218,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,750
Outstanding Balance
$137,517
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$80,966
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.

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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.

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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.

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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.

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Average Value
Not Available
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
Morgan Linzie -- Best Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morgan Linzie $137,750
Source: Public Records

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 $3,361 $148,600 $7,700 $140,900
2023 $3,361 $140,900 $7,700 $133,200
2022 $2,791 $116,000 $7,700 $108,300
2021 $2,529 $103,700 $7,700 $96,000
2020 $2,499 $103,300 $7,700 $95,600
2019 $2,429 $99,800 $7,700 $92,100
2018 $2,424 $99,800 $7,700 $92,100
2017 $2,108 $94,600 $7,700 $86,900
2016 $1,954 $86,900 $7,700 $79,200
2014 $1,767 $85,200 $7,700 $77,500
2013 $721 $61,000 $7,700 $53,300
Source: Public Records

Map

Indiana Marion County Indianapolis 46203 Southeast Indianapolis

5649 Terrace Ave, Indianapolis, IN

This home is located at 5649 Terrace Ave, Indianapolis, IN 46203 and is currently estimated at $218,483, approximately $98 per square foot. 5649 Terrace Ave is a home with nearby schools including Lowell Elementary School, Raymond Park Intermediate School (5-6), and Raymond Park Middle 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.

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