Price Reduction

Address

738 Terrace Avenue, Indianapolis, IN

Listing Type

Active

Price

$ 630,000

Your Agent

Jamesha Norwood

Real Estate Broker | REALTIST | REALTOR®

317-507-2611

Property Attributes

MLS#22104558
TypeSingle Family
Listing Status Active
CountyMARION
CityIndianapolis
AreaCenter
NeighborhoodSouth Park
Zip46203
StyleContemporary
Year Built2023
Taxes$ 7202
Price$ 630,000
Bedrooms4
Full Bathrooms4
Half Bathrooms1
Sqr Footage2920
Lot Size0.08 Acres

Data Source:

MIBOR Broker Listing Cooperative

Property Description

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.

Price History
5/28/2026	Listed $649,000
6/10/2026	2$640,000
7/24/2026	2$630,000

General Features

Heating	High Efficiency (90%+ AFUE )
Cooling	Central Air
Possession	Closing,Negotiable
Appliances	Dishwasher,Disposal,Microwave,Gas Oven,Range Hood,Refrigerator,Water Heater
Garage Spaces	2
Patio/Porch Features	Covered,Patio
Architectural Style	Contemporary
Construction Materials	Wood Siding
Year Built	2023
Township	Center
Levels	Two
Property Subtype	Single Family Residence
Tax Year	2024
County	Marion
New Construction	No
Property Type	Residential
HOA	No
Subdivision Name	South Park
Facing Direction	South
Garage Y/N	Yes
Total Rooms	13
Full Baths	4
Status	Active
Directions	GPS Friendly
City	Indianapolis
High School District	Indianapolis Public Schools
MLS Area	4910 - Marion - Center
Lot Size Square Feet	3398
Property Attached Y/N	No
Current Financing	Conventional,VA
Builder Name	Blankenship Custom
Standard Status	Active
Tax Lot	79
Legal Description	South Park Add L79

Interior Features

Interior Amenities	Bath Sinks Double Main,Kitchen Island,Pantry,Walk-In Closet(s),Wet Bar
Basement	Ceiling - 9+ feet,Daylight,Egress Window(s),Finished
Total Fireplaces	1
Fireplace Features	Electric,Family Room
Basement (Y/N)	Yes
Half Baths	1
Laundry Features	Laundry Closet,Upper Level
Total Bedrooms	4
Below Grade Finished Area	840
LivingAreaSource	Assessor
Total Baths	5

Exterior Features

Exterior Amenities	Carriage/Guest House
Parking Features	Detached
Lot Features	Sidewalks,Street Lights
Water Source	Public
Foundation Details	Concrete Perimeter
Spa	No
Building Area Total	2920
Lot Size Acres	0.08
Waterfront Y/N	No
Other Equipment	None
Horse Amenities	None