$219,900

beds

bath

1,621

square ft

727 Terrace Avenue

Indianapolis, Indiana 46203

New / MLS #22109751 / Single Family / Bates-Hendricks

Listing information updated 6/23/2026 at 5:26pm

Finally! An affordable home that's move in ready downtown, 727 Terrace Avenue! This recently renovated two bedroom, one bath home offers comfortable living with updates already completed for peace of mind. The HVAC and central air system are only a few years old, while the roof was replaced in 2025. New flooring and carpet throughout give the home a fresh, modern feel, complemented by matching marble tile in both the bathroom and laundry room. Each bedroom offers comfortable living space, and the home's generous layout provides plenty of room to relax, entertain, or work from home. Situated on one of the most desirable streets in Bates Hendricks, you'll enjoy convenient access to nearby parks, popular restaurants, local bars, and downtown Indianapolis corporate offices. Whether you're looking for your next home or a turnkey investment property, 727 Terrace delivers location, updates, and value all in one package.

Full Features

Architecture Style:

Other

Exterior Type:

Brick

Beds Above Grade:

Cooling System:

Central Air

Heating System:

Natural Gas

Appliances:

Electric Cooktop, Dryer, Disposal, Electric Oven, Refrigerator, Washer, Water Heater

Main Level Primary Bedroom:

Yes

Pool:

Age:

106 Years

Room Count:

Square Feet:

1,621

Lot Size:

0.08 Acres

Acreage:

0.08

Internal Features:

Attic Access

Room Information

Living Room:

11x11 - Main

Dining Room:

12x12 - Main

Kitchen:

12x12 - Main

Primary Bedroom:

11x11 - Main

2nd Bedroom:

11x11 - Main

Laundry:

8x8 - 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:

Other

Exterior Type:

Brick

Beds Above Grade:

Cooling System:

Central Air

Heating System:

Natural Gas

Appliances:

Electric Cooktop, Dryer, Disposal, Electric Oven, Refrigerator, Washer, Water Heater

Main Level Primary Bedroom:

Yes

Pool:

Age:

106 Years

Room Count:

Square Feet:

1,621

Lot Size:

0.08 Acres

Acreage:

0.08

Internal Features:

Attic Access

Living Room:

11x11 - Main

Dining Room:

12x12 - Main

Kitchen:

12x12 - Main

Primary Bedroom:

11x11 - Main

2nd Bedroom:

11x11 - Main

Laundry:

8x8 - 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: Empire Real Estate LLC

Listing Office Phone: 260.330.0242

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 6/23/2026 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.