$335,000

beds

baths

half bath

1,869

square ft

518 Terrace Avenue

Indianapolis, Indiana 46203

Closed / MLS #22087604 / Single Family / Bates-Hendricks

Listing information updated 5/5/2026 at 5:26pm

Renovated from top to bottom, this 3-bed / 2.5-bath Bates-Hendricks home is sure to impress. Previously featured on HGTV's Good Bones, the home offers an open-concept main level with durable laminate hardwood flooring and great natural flow for everyday living. The spacious kitchen features tons of storage, stainless steel appliances, open shelving, a walk-in pantry, and a large island perfect for gathering. A flexible main-level room works well as a home office or third bedroom. Upstairs, you'll find the primary suite with a spacious bathroom and walk-in closet, along with a second bedroom and full bath with generous closet space. The fully fenced backyard features a large deck-ideal for relaxing or hosting. Washer and dryer included. Ideally located near Fountain Square, Garfield Park, and downtown Indianapolis, this home offers easy access to the Eli Lilly campus, Lucas Oil Stadium, Gainbridge Fieldhouse, and I-465 for convenient commuting throughout the city.

Full Features

Architecture Style:

Traditional

Exterior Type:

Cement Siding

Basement:

Unfinished

Beds Above Grade:

Cooling System:

Central Air

Heating System:

Forced Air, Natural Gas

Appliances:

Dishwasher, Dryer, Electric Water Heater, Disposal, MicroHood, Electric Oven, Refrigerator, Washer

Main Level Primary Bedroom:

Yes

Pool:

Age:

117 Years

Room Count:

Square Feet:

1,869

Lot Size:

0.08 Acres

Acreage:

0.08

Internal Features:

High Ceilings, Breakfast Bar

External Features:

Patio/Porch

Room Information

Dining Room:

10x10 - Main

Kitchen:

15x12 - Main

Family Room:

14x16 - Main

Primary Bedroom:

13x13 - Upper

2nd Bedroom:

10x10 - Main

3rd Bedroom:

12x13 - Upper

Laundry:

6x8 - Main

Taxes & Assessments

Tax Amount:

N/A

Tax Year:

2024

Location

Zip Code:

46203

City:

Indianapolis

County:

Marion

Schools

School District(s):

Indianapolis Public Schools

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Architecture Style:

Traditional

Exterior Type:

Cement Siding

Basement:

Unfinished

Beds Above Grade:

Cooling System:

Central Air

Heating System:

Forced Air, Natural Gas

Appliances:

Dishwasher, Dryer, Electric Water Heater, Disposal, MicroHood, Electric Oven, Refrigerator, Washer

Main Level Primary Bedroom:

Yes

Pool:

Age:

117 Years

Room Count:

Square Feet:

1,869

Lot Size:

0.08 Acres

Acreage:

0.08

Internal Features:

High Ceilings, Breakfast Bar

External Features:

Patio/Porch

Dining Room:

10x10 - Main

Kitchen:

15x12 - Main

Family Room:

14x16 - Main

Primary Bedroom:

13x13 - Upper

2nd Bedroom:

10x10 - Main

3rd Bedroom:

12x13 - Upper

Laundry:

6x8 - Main

Tax Amount:

N/A

Tax Year:

2024

Zip Code:

46203

City:

Indianapolis

County:

Marion

School District(s):

Indianapolis Public Schools

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Listing Office: eXp Realty LLC

Listing Office Phone: 888.611.3912

Disclaimer: The data relating to real estate for sale on this website comes courtesy of MIBOR REALTOR® Association as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 5/5/2026 at 5:26pm. 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.