4841 East Terrace Avenue
4841 East Terrace Avenue
$250,000
2
1
780
780
$321
Description
Unique opportunity to own 3 contiguous lots for either an owner occupant or investor for income production. The 3 lots have a storage building, 2 bedroom/1 bath residential unit/Apartment and a large 2 bay mechanics garage. The mechanics garage is heated and cooled. There is a bathroom, office and large entry area. Both garage bays have oversized garage doors for servicing larger vehicles. While zoned residentially, the owner successfully worked out of this space for nearly 50 years servicing vehicles....Unique opportunity to own 3 contiguous lots for either an owner occupant or investor for income production. The 3 lots have a storage building, 2 bedroom/1 bath residential unit/Apartment and a large 2 bay mechanics garage. The mechanics garage is heated and cooled. There is a bathroom, office and large entry area. Both garage bays have oversized garage doors for servicing larger vehicles. While zoned residentially, the owner successfully worked out of this space for nearly 50 years servicing vehicles. The residential unit has a working kitchen and laundry, large bedroom with door to outside courtyard. There is a large patio connecting the residential unit to the storage building. Storage building currently being leased. Own and occupy all 3 buildings or own and lease all three. The potential for this unique property is vast.
- Listed by Sherry Minkis • Sherry Minkis • sherryminkis@gmail.com
- Listed by Sherry Minkis
Property Details for 4841 East Terrace Avenue
Architectural Style
TraditonalAmerican
Subdivision NameEmerson Terrace
TownshipCenter SE
WaterfrontNo
Location
LISTING UPDATED: 01/06/2024 05:32 PM
Property Details for 4841 East Terrace Avenue
Status | Active |
---|---|
MLS # | 21958088 |
Days on Market | 121 |
Taxes | $788 semi-annually |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Residential / Single Family Residence |
Year Built | 1947 |
Lot Size | 0.34 AC / 14,810 SF |
County | Marion County |
Location
Building Information for 4841 East Terrace Avenue
Stories-Year Built1947Building Size-Lot Size0.34 AC / 14,810 SF
Payment Calculator
$1,496 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 4841 East Terrace Avenue
Property History for 4841 East Terrace Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 4841 East Terrace Avenue
This home is within Indianapolis Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 8 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Frederick Douglass School 19 PublicK to 8 | ||
Arlington Community Middle School Public7 to 8 | ||
George Washington Community High School (9-12) Public9 to 12 | ||
Arsenal Technical High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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