$649,000

beds

baths

half bath

2,920

square ft

738 Terrace Avenue

Indianapolis, Indiana 46203

Name: 738 Terrace Avenue, Indianapolis, IN 46203
Price: 649000 USD
Availability: InStock

New / MLS #22104558 / Single Family / Bates-Hendricks

Listing information updated 5/29/2026 at 5:26pm

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.

See it in person

Open House

3:00pm - 5:00pm Sunday, May 31st, 2026 5/31/26

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Full Features

Architecture Style:

Contemporary

Exterior Type:

Wood Siding

Basement:

Ceiling - 9+ feet,Daylight,Egress Window(s),Finished

Beds Above Grade:

Cooling System:

Central Air

Heating System:

High Efficiency (90%+ AFUE )

Appliances:

Dishwasher, Disposal, Microwave, Gas Oven, Range Hood, Refrigerator, Water Heater

Main Level Primary Bedroom:

Fireplace:

Yes

Pool:

Age:

3 Years

Parking Type:

Guest Street Parking

Parking Spaces:

Garage:

Garage - 2 Car(s)

Room Count:

Water Front:

Square Feet:

2,920

Lot Size:

0.08 Acres

Acreage:

0.08

Internal Features:

Bath Sinks Double Main, Kitchen Island, Pantry, Walk-In Closet(s), Wet Bar

External Features:

Carriage/Guest House, Patio/Porch

Room Information

Dining Room:

12x10 - Main

Kitchen:

14x15 - Main

Family Room:

18x14 - Main

Primary Bedroom:

13x16 - Upper

2nd Bedroom:

12x14 - Upper

3rd Bedroom:

10x12 - Basement

4th Bedroom:

10x12 - Upper

Great Room:

15x20 - Basement

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:

Contemporary

Exterior Type:

Wood Siding

Basement:

Ceiling - 9+ feet,Daylight,Egress Window(s),Finished

Beds Above Grade:

Cooling System:

Central Air

Heating System:

High Efficiency (90%+ AFUE )

Appliances:

Dishwasher, Disposal, Microwave, Gas Oven, Range Hood, Refrigerator, Water Heater

Main Level Primary Bedroom:

Fireplace:

Yes

Pool:

Age:

3 Years

Parking Type:

Guest Street Parking

Parking Spaces:

Garage:

Garage - 2 Car(s)

Room Count:

Water Front:

Square Feet:

2,920

Lot Size:

0.08 Acres

Acreage:

0.08

Internal Features:

Bath Sinks Double Main, Kitchen Island, Pantry, Walk-In Closet(s), Wet Bar

External Features:

Carriage/Guest House, Patio/Porch

Dining Room:

12x10 - Main

Kitchen:

14x15 - Main

Family Room:

18x14 - Main

Primary Bedroom:

13x16 - Upper

2nd Bedroom:

12x14 - Upper

3rd Bedroom:

10x12 - Basement

4th Bedroom:

10x12 - Upper

Great Room:

15x20 - Basement

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: F.C. Tucker Company

Listing Office Phone: 317.843.7766

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 5/29/2026 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.

738 Terrace Avenue

Indianapolis, Indiana 46203