Opportunity knocks! This 3-bedroom, 1-bathroom ranch-style home is full of potential and waiting for the right investor or visionary homeowner to bring it back to life. Located just minutes from the heart of downtown Indianapolis, this property offers a prime location with easy access to major highways, shopping, dining, and entertainment. Sitting on a spacious lot, the home features a functional layout and a large backyard, perfect for future outdoor living or expansion. Whether you're looking to flip, rent, or renovate and hold, this fixer-upper is a great canvas with endless possibilities.
Sold
$90,000
4639 Terrace Ave, Indianapolis, IN 46203
3beds
944sqft
Residential, Single Family Residence
Built in 1953
0.3 Acres Lot
$-- Zestimate®
$95/sqft
$1,046 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,046/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: July 30, 2025 at 03:30pm
Listing Provided by:
Aminda Sheppard 317-331-9610,
Priority Realty Group
Bought with:
Heather Clouse
F.C. Tucker Company
Source: MIBOR as distributed by MLS GRID,MLS#: 22047086
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 3
Primary bedroom
- Level: Main
- Dimensions: Unknown
Bedroom 2
- Level: Main
- Dimensions: Unknown
Bedroom 3
- Level: Main
- Dimensions: Unknown
Dining room
- Level: Main
- Dimensions: Unknown
Kitchen
- Level: Main
- Dimensions: Unknown
Laundry
- Level: Main
- Dimensions: Unknown
Living room
- Features: Parquet
- Level: Main
- Dimensions: Unknown
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Gas Oven, Dryer, Washer
Features
- Attic Access
- Has basement: No
- Attic: Access Only
- Number of fireplaces: 1
- Fireplace features: Family Room
Interior area
- Total structure area: 944
- Total interior livable area: 944 sqft
Property
Parking
- Total spaces: 1
- Parking features: Detached
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Screened
Lot
- Size: 0.30 Acres
Details
- Parcel number: 491016126010000101
- Special conditions: As Is,Estate
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Vinyl Siding
- Foundation: Crawl Space
Condition
- Fixer
- New construction: No
- Year built: 1953
Utilities & green energy
- Water: Public
Community & neighborhood
Location
- Region: Indianapolis
- Subdivision: No Subdivision
Price history
| Date | Event | Price |
|---|---|---|
| 7/11/2025 | Sold | $90,000-10%$95/sqft |
Source:  MIBOR as distributed by MLS GRID #22047086 | ||
| 7/3/2025 | Pending sale | $100,000$106/sqft |
Source: MIBOR as distributed by MLS GRID #22047086 | ||
| 7/2/2025 | Listed for sale | $100,000$106/sqft |
Source: MIBOR as distributed by MLS GRID #22047086 | ||
| 6/28/2025 | Pending sale | $100,000$106/sqft |
Source: MIBOR as distributed by MLS GRID #22047086 | ||
| 6/26/2025 | Listed for sale | $100,000$106/sqft |
Source: MIBOR as distributed by MLS GRID #22047086 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $86 -34.1% | $63,000 -11.9% |
| 2023 | $130 | $71,500 -1% |
| 2022 | -- | $72,200 +34.2% |
Find assessor info on the county website
Neighborhood: Near Southeast
Nearby schools
GreatSchools rating
- 3/10Paul I. Miller School 114Grades: PK-6Distance: 0.9 mi
- 6/10Center for Inquiry School 2Grades: K-8Distance: 3.8 mi
- 1/10Arsenal Technical High SchoolGrades: 9-12Distance: 3 mi
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