NOT LISTED FOR SALE

602 Terrace Ave Indianapolis, IN 46203

Bates-Hendricks Neighborhood

Estimated Value: $339,000 - $377,330

3 Beds
2.5 Baths
2,056 Sq Ft
$175/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $317,500 $154 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,298/month

63 Days on Market

Highlights

  • Traditional Architecture
  • Breakfast Room
  • Forced Air Heating System
  • No HOA
  • 2 Car Detached Garage
  • Carpet

About This Home

As of June 2023

Open concept floor plan with an updated kitchen with granite counter tops, stainless steel appliances and tons of storage. Three bedrooms and two and a half baths including the owner's suite with a fantastic bathroom. Close to everything in Fountain Square and minutes from Downtown. Great outdoor space and a two car garage as well! Come take a look at this beauty!

Last Agent to Sell the Property

Kelly Johnson

eXp Realty, LLC License #RB14045037 Listed on: 03/28/2023

eXp Realty, LLC

Last Buyer's Agent

Nancy Juday

F.C. Tucker Company

F.C. Tucker Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,322

Year Built

  • Built in 1905

Lot Details

  • 3,485 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture
  • Block Foundation
  • Cement Siding

Interior Spaces

  • 2-Story Property
  • Breakfast Room
  • Permanent Attic Stairs
  • Dishwasher
  • Unfinished Basement

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

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

Community Details

  • No Home Owners Association
  • South Park Subdivision

Listing and Financial Details

  • Tax Lot 96
  • Assessor Parcel Number 491113184019000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,322

Year Built

Built in 1905

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: 1905
  • Building Area Total: 2322
  • Garage Y N: Yes
  • Lot Size Acres: 0.08
  • Subdivision Name: South Park
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: KELLY@KELLYSINDYHOMES.COM
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: Dishwasher, Gas Water Heater
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 38
  • Interior Amenities: Attic Stairway
  • Living Area: 2056
  • Main Level Bedrooms: 2
  • Other Equipment: Not Applicable
  • Eating Area: Breakfast Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1218
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Upper Level Sq Ft: 800
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Cement Siding
  • Foundation Details: Block
  • List Price: 334900

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Water Source: Community Water
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 3485
  • Parcel Number: 491113184019000101
  • Acres: <1/4 Acre
  • Price Acre: 3968750

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 3322
  • Tax Lot: 96
  • Semi Annual Property Tax Amt: 1661
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2023
Closed on
Jul 5, 2023
Sold by
East Jonathan
Bought by
Lippelt Christopher K
Seller's Agent
Kelly Johnson
eXp Realty, LLC
Buyer's Agent
Nancy Juday
F.C. Tucker Company
List Price
$375,000
Sold Price
$317,500
Premium/Discount to List
-$57,500
-15.33%
Views
80
Current Estimated Value
$359,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,333
Avg. Annual Appreciation
5.76%
Original Mortgage
$301,625
Outstanding Balance
$275,605
Interest Rate
6.18%
Mortgage Type
New Conventional
Estimated Equity
$82,687

Purchase Details

Listed on
Feb 9, 2021
Closed on
May 25, 2021
Sold by
Litchfield Investments Llc
Bought by
East Jonathan
Seller's Agent
Seth Patton
Luxcity Realty
Buyer's Agent
Kelly Johnson
eXp Realty, LLC
List Price
$319,900
Sold Price
$315,000
Premium/Discount to List
-$4,900
-1.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.38%
Original Mortgage
$252,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2019
Sold by
Litchfield Richard
Bought by
Litchfield Investments Llc

Purchase Details

Listed on
Aug 18, 2016
Closed on
Oct 14, 2016
Sold by
Fishero Cheryl L H
Bought by
Shimp Aglaia and Shimp Vince
Seller's Agent
Clancy Fishero
Net More LLC
Buyer's Agent
Vincent Shimp
South Meridian Properties
List Price
$125,000
Sold Price
$118,000
Premium/Discount to List
-$7,000
-5.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.34%

Purchase Details

Closed on
Jul 16, 2014
Sold by
Fishero Clancy E
Bought by
Fishero Cheryl L

Purchase Details

Closed on
Aug 24, 2006
Sold by
Executive Real Estate Inc
Bought by
Fishero Clancy E
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
Lippelt Christopher K $317,500 Chicago Title
East Jonathan -- Chicago Title
Litchfield Investments Llc -- None Available
Shimp Aglaia $118,000 --
Shimp Vince -- None Available
Fishero Cheryl L $38,000 Royal Title Services
Fishero Cheryl L -- Royal Title Services
Fishero Clancy E -- Royal Title Services Inc
Executive Real Estate -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lippelt Christopher K $301,625
Previous Owner East Jonathan $252,000
Previous Owner Shimp Vincent $88,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $317,500 -5.2% $154 / Sq Ft
05/31/2023 05/31/23 Pending -- -- --
05/24/2023 05/24/23 Price Changed $334,900 -1.5% $163 / Sq Ft
05/08/2023 05/08/23 Price Changed $339,900 +0.3% $165 / Sq Ft
05/08/2023 05/08/23 Price Changed $339,000 -3.1% $165 / Sq Ft
04/24/2023 04/24/23 Price Changed $349,900 -2.8% $170 / Sq Ft
04/08/2023 04/08/23 Price Changed $359,900 -4.0% $175 / Sq Ft
03/28/2023 03/28/23 For Sale $375,000 +19.0% $182 / Sq Ft
05/25/2021 05/25/21 Sold $315,000 0.0% $136 / Sq Ft
04/22/2021 04/22/21 Pending -- -- --
03/03/2021 03/03/21 Price Changed $315,000 -1.5% $136 / Sq Ft
02/09/2021 02/09/21 For Sale $319,900 +171.1% $138 / Sq Ft
10/14/2016 10/14/16 Sold $118,000 -5.6% $43 / Sq Ft
08/23/2016 08/23/16 Pending -- -- --
08/18/2016 08/18/16 For Sale $125,000 -- $46 / 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 $4,048 $331,000 $31,000 $300,000
2023 $4,048 $334,000 $34,000 $300,000
2022 $3,970 $322,400 $34,000 $288,400
2021 $3,389 $285,200 $34,000 $251,200
2020 $6,260 $267,500 $34,000 $233,500
2019 $3,457 $143,700 $3,700 $140,000
2018 $2,829 $116,100 $3,700 $112,400
2017 $2,338 $107,200 $3,700 $103,500
2016 $937 $49,000 $3,700 $45,300
2014 $763 $41,600 $3,700 $37,900
2013 $766 $38,400 $3,700 $34,700
Source: Public Records

Agents Affiliated with this Home

  • Kelly Johnson

    Seller's Agent in 2023

    Kelly Johnson

    eXp Realty, LLC

    (317) 908-9614

    2 in this area

    193 Total Sales

    Kelly Johnson
    Section Image

  • N

    Buyer's Agent in 2023

    Nancy Juday

    F.C. Tucker Company

    Section Image
  • Seth Patton

    Seller's Agent in 2021

    Seth Patton

    Luxcity Realty

    (317) 796-0661

    3 in this area

    68 Total Sales

    Seth Patton
    Section Image

  • C

    Seller's Agent in 2016

    Clancy Fishero

    Net More LLC

    Section Image

  • V

    Buyer's Agent in 2016

    Vincent Shimp

    South Meridian Properties

  • V

    Buyer's Agent in 2016

    Vince Shimp

    South Meridian Properties

    (317) 915-7394

    2 Total Sales

    Vince Shimp
    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21912553

MIBOR Broker Listing Cooperative®

APN: 49-11-13-184-019.000-101

Indiana Marion County Indianapolis 46203 Bates-Hendricks

602 Terrace Ave, Indianapolis, IN

This home is located at 602 Terrace Ave, Indianapolis, IN 46203 since 28 March 2023 and is currently estimated at $359,833, approximately $175 per square foot. This property was built in 1905. 602 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 (9-12).

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