LKV Realty
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$199,900
$900Reward *
727 Terrace Avenue, Indianapolis, IN 46203Listing ID 22109751

727 Terrace Avenue, Indianapolis, IN 46203

Active
B & W
Time on site: 55 daysLast updated: Jul 22, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
2
Bathrooms
Bathrooms
1
Square Feet
Square Feet
1,621
Acres
Acres
0.08
Days on Site
Days on Site
56
Cooling
Cooling
Central Air
Heating
Heating
Natural Gas
Year Built
Year Built
1920

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.

Property Information

Property Details

Location

Address
727 Terrace Avenue
County
Marion
City
Indianapolis
Zip Code
46203
Subdivision
B & W
School District
Indianapolis Public Schools
MLS Area
4910 - Marion - Center

Interior Features

Beds and Baths

Bedrooms
2
Main Level Bedrooms
2
Full Bathrooms
1

Building

Building Information

Square Feet
1,621
Year Built
1920
Construction
Brick
Foundation
Concrete Perimeter

Property Taxes

Tax Year
2024
Empire Real Estate LLC, (260) 330-0242

Market Report for 46203

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MIBOR REALTOR® Association
MIBOR REALTOR® Association logo

Based on information submitted to the MLS GRID as of 17 Aug 2026, 01:14 PM UTC. 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. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

MBR38582