$150,000

beds

baths

2,772

square ft

515 Terrace Avenue

Indianapolis, Indiana 46203

New / MLS #22126287 / Single Family / Bates-Hendricks

Listing information updated 9/22/2026 at 5:26pm

This 1905 Indianapolis home is ready for someone with a vision to bring it back to life. Offering approximately 1,848 square feet across two stories, the property has plenty of space and character to work with, including hardwood flooring and a covered front porch. This is a true fixer-upper that will require renovation, but the bones and square footage provide a great starting point for your next project. Bring your contractor, your ideas, and your renovation plans-this one is ready for its next chapter. Property is being sold as-is

Full Features

Architecture Style:

Traditional

Exterior Type:

Vinyl Siding

Basement:

Unfinished

Beds Above Grade:

Cooling System:

Central Air

Heating System:

Forced Air, Natural Gas

Appliances:

Gas Oven, Refrigerator

Main Level Primary Bedroom:

Yes

Pool:

Age:

121 Years

Room Count:

Square Feet:

2,772

Lot Size:

0.08 Acres

Acreage:

0.08

External Features:

Patio/Porch

Room Information

Living Room:

10x15 - Main

Kitchen:

10x15 - Main

Primary Bedroom:

10x15 - Main

2nd Bedroom:

10x15 - Upper

3rd Bedroom:

10x15 - Main

4th Bedroom:

10x15 - Upper

Laundry:

10x15 - Main

Taxes & Assessments

Tax Amount:

N/A

Tax Year:

2025

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:

Arsenal Technical High School

Architecture Style:

Traditional

Exterior Type:

Vinyl Siding

Basement:

Unfinished

Beds Above Grade:

Cooling System:

Central Air

Heating System:

Forced Air, Natural Gas

Appliances:

Gas Oven, Refrigerator

Main Level Primary Bedroom:

Yes

Pool:

Age:

121 Years

Room Count:

Square Feet:

2,772

Lot Size:

0.08 Acres

Acreage:

0.08

External Features:

Patio/Porch

Living Room:

10x15 - Main

Kitchen:

10x15 - Main

Primary Bedroom:

10x15 - Main

2nd Bedroom:

10x15 - Upper

3rd Bedroom:

10x15 - Main

4th Bedroom:

10x15 - Upper

Laundry:

10x15 - Main

Tax Amount:

N/A

Tax Year:

2025

Zip Code:

46203

City:

Indianapolis

County:

Marion

School District(s):

Indianapolis Public Schools

Elementary School:

N/A

Middle School:

N/A

High School:

Arsenal Technical High School

Listing Office: FS Houses LLC

Listing Office Phone: 317.760.2897

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 9/22/2026 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.