738 Terrace Ave Indianapolis, IN 46203
Bates-Hendricks NeighborhoodEstimated payment $4,049/month
Highlights
- Guest House
- Contemporary Architecture
- Covered Patio or Porch
- Updated Kitchen
- No HOA
- 4-minute walk to Ringgold Park
About This Home
Built by Blankenship Custom Homes, this stunning custom-built home in the heart of Bates-Hendricks features a separate carriage house apartment and thoughtfully curated modern finishes throughout. This striking home offers an open-concept main level with soaring 10-foot ceilings, abundant natural light, wide-plank hardwood flooring, and seamless spaces designed for both everyday living and entertaining. The designer kitchen is the centerpiece of the home, showcasing custom cabinetry, quartz countertops, oversized island seating, high-end stainless steel appliances, statement lighting, and a spacious walk-in pantry. The living area features soaring ceilings and a sleek modern fireplace, creating a warm yet sophisticated atmosphere. Upstairs, both bedrooms feature private ensuite baths and large walk-in closets, providing ideal comfort and privacy. The finished basement expands the living space with an additional bedroom, full bath, wet bar, and flexible entertaining or guest space. Step outside to enjoy the oversized patio and fully fenced backyard - perfect for hosting, pets, or relaxing evenings outdoors. Above the garage, the private 1-bedroom carriage house offers incredible flexibility for guests, rental income, home office space, or multigenerational living. Located just minutes from downtown Indianapolis, Fountain Square, restaurants, nightlife, and all the energy of urban living, this one-of-a-kind property combines modern luxury with unbeatable location.
Listing Agent
F.C. Tucker Company Brokerage Email: tim.sewell@talktotucker.com License #RB14035402 Listed on: 05/28/2026
Open House Schedule
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Sunday, September 13, 202612:00 to 2:00 pm9/13/2026 12:00:00 PM +00:009/13/2026 2:00:00 PM +00:00Add to Calendar
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,202
Year Built
- Built in 2023
Parking
- 2 Car Detached Garage
Home Design
- Contemporary Architecture
- Wood Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2-Story Property
- Wet Bar
- Electric Fireplace
- Family Room with Fireplace
- Family or Dining Combination
- Utility Room
- Laundry on upper level
- Luxury Vinyl Plank Tile Flooring
Kitchen
- Updated Kitchen
- Gas Oven
- Range Hood
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- Dual Vanity Sinks in Primary Bathroom
Finished Basement
- 9+ Foot Basement Ceiling Height
- Basement Window Egress
Utilities
- Central Air
- High Efficiency Heating System
- Water Heater
Additional Features
- Covered Patio or Porch
- 3,398 Sq Ft Lot
- Guest House
Community Details
- No Home Owners Association
- South Park Subdivision
Listing and Financial Details
- Tax Lot 79
- Assessor Parcel Number 491113184081005101
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $7,444 | $554,100 | $33,000 | $521,100 |
| 2024 | $5,633 | $518,700 | $33,000 | $485,700 |
| 2023 | $5,633 | $451,300 | $33,000 | $418,300 |
| 2022 | $918 | $197,000 | $33,000 | $164,000 |
| 2021 | $979 | $33,000 | $33,000 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/03/2026 09/03/26 | Price Changed | $625,000 | -0.8% | $214 / Sq Ft | |
| 07/24/2026 07/24/26 | Price Changed | $630,000 | -1.6% | $216 / Sq Ft | |
| 06/10/2026 06/10/26 | Price Changed | $640,000 | -1.4% | $219 / Sq Ft | |
| 05/28/2026 05/28/26 | For Sale | $649,000 | +16.9% | $222 / Sq Ft | |
| 04/28/2023 04/28/23 | Sold | $555,000 | -1.8% | $190 / Sq Ft | View Prior Sale |
| 03/27/2023 03/27/23 | Pending | -- | -- | -- | |
| 03/17/2023 03/17/23 | For Sale | $565,000 | -- | $193 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Member Title | |
| Quit Claim Deed | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $527,250 | New Conventional | |
| Previous Owner | $300,000 | Construction |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22104558
APN: 49-11-13-184-081.005-101
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.
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.
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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- 1419 Wright St
- 1306 Wright St
- 828 Cottage Ave
- 622 Terrace Ave
- 631 Cottage Ave
- 623 Orange St
- 615 Cottage Ave
- 1510 Leonard St
- 834 Weghorst St
- 523 Parkway Ave
- 519 Parkway Ave
- 525 Orange St
- 609 Sanders St
- 736 Lincoln St
- 1525 Leonard St
- 1447 S East St
- 608 Lincoln St
- 1538 Ringgold Ave
- 433 Parkway Ave
- 728 Parkway Ave
- 750 Cottage Ave
- 726 Parkway Ave
- 734 Parkway Ave
- 1415 Leonard St
- 426 Parkway Ave
- 919 E Palmer St
- 1523 S East St Unit SI ID1338299P
- 1523 S East St Unit SI ID1342436P
- 1529 S East St
- 1529 S East St
- 1306 Ringgold Ave
- 903 E Palmer St
- 614 E Minnesota St
- 1008 Palmer St
- 1436 S New Jersey St
- 350 Terrace Ave
- 1337 Barth Ave
- 1045 Orange St
- 401 Lincoln St
Ask me questions while you tour the home.