Back 701 Terrace Avenue
Off Market

701 Terrace Avenue

Indianapolis IN 46203

3
2
1
2163 sq. ft.
3485 sq. ft.
Single-Family
Last sold for $325,000
Joshua LawrenceJoshua Lawrence, last sold this property on 04 March 2026 after 47 days on market.

Overview

Charming Bates-Hendricks craftsman-style home blending modern design with original character. Large front porch sets the tone as you walk into this classic home. Original hardwood floors, built-ins and stained-glass accent windows highlight the historic charm. Spacious living room opens through original double doors to the formal dining area. Kitchen boasts stainless appliances including a gas stove and wine cooler. Full bath on main floor with laundry. Upstairs offers three generous bedrooms a full bath and a charming three-season room overlooking the backyard-perfect for relaxing, exercising or crafting. Full basement for all your storage needs. Outside enjoy a fully fenced backyard with both a wood deck and concrete patio-ideal for entertaining, pets, or outdoor dining. Off-street parking includes a one-car garage. Recent improvements include upstairs bathroom renovation, new roof, solar panels, water heater, appliances, storm windows and gutters. Just minutes from downtown, Garfield Park, miles of bike trails, dining, nightlife, sporting venues, with easy interstate access and a quick route to the airport-this home truly offers the best of historic charm and urban convenience.

Features

3 bedrooms
2 bathrooms
1 carspace
1 garage space
2163 sq. ft. floor area
3485 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Indianapolis over the last 12 months, the estimated median property value of 701 Terrace Avenue is $215k.

Median value
$215k
Estimated value range
$66k - $725k
Median days on market
22
Estimated value trend
2%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Indianapolis. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 701 Terrace Avenue

2026
Sold
$325,000
04 Mar 2026 by Joshua Lawrence, of @properties
2021
Sold
$257,500
22 Jan 2021 by Daniel Fisher, of @properties
2017
Rented
Undisclosed
16 Sep 2017 by Nottingham Realty Group

Happy sellers in Indianapolis

<50%
Less than 50% of sellers in Indianapolis reported that their sale price either exceeded or met their price expectations.

Indianapolis stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Indianapolis over the last 12 months.

Local market activity for 3 bedroom single-family properties in Indianapolis

In the last 12 months, 338 three-bedroom single-family properties similar to 701 Terrace Avenue, have been sold.

This represents a 20% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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