4841 Terrace Avenue

Indianapolis, IN 46203

$189,000
Price
2
Beds
1
Bath
780 Sq. Ft.
$242 / Sq. Ft.
780
Sq. Ft.
$242
per Sq. Ft.

Description

TWO very large lots in the City. Perfect for large family gatherings! 2 bedroom 1 bath shotgun style home with an OVERSIZED garage/storage unit. This double lot sits on the corner of Terrace and Dequincy Avenue. The oversized garage is currently being used for storage purposes. There are utilities to both the home and the garage. The garage/storage unit used to be a residence. Both lots are zoned residential so could easily be converted to 2 single family dwellings with the right creativity. This...TWO very large lots in the City. Perfect for large family gatherings! 2 bedroom 1 bath shotgun style home with an OVERSIZED garage/storage unit. This double lot sits on the corner of Terrace and Dequincy Avenue. The oversized garage is currently being used for storage purposes. There are utilities to both the home and the garage. The garage/storage unit used to be a residence. Both lots are zoned residential so could easily be converted to 2 single family dwellings with the right creativity. This property is cross listed with BLC#21958088. There are 2 lots both with .17 acres with this listing for a total amount of acreage of .34 acres.
  1. Listed by Sherry Minkis • Sherry Minkis • sherryminkis@gmail.com

Property Details for 4841 Terrace Avenue

Architectural Style
Bungalow
Subdivision Name
Emerson Terrace
Township
Center SE
Waterfront
No

Location

Listing Courtesy of Sherry Minkis
Add your commute
LISTING UPDATED: 04/16/2024 06:44 PM

Property Details for 4841 Terrace Avenue

StatusActive
MLS #21974114
Days on Market16
Taxes$320 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1900
Lot Size0.17 AC / 7,405 SF
CountyMarion County

Location

Listing Courtesy of Sherry Minkis
Add your commute

Building Information for 4841 Terrace Avenue

Stories-Year Built1900Building Size-Lot Size0.17 AC / 7,405 SF

Payment Calculator

$1,085 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,031

Property Taxes

$53

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4841 Terrace Avenue

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46203
  • State Or Province: IN
  • View: No
Taxes and HOA Information
  • Attic YN: No
  • Parcel Number: 491016124028000101
  • Semi Annual Property Tax Amt: 320
  • Tax Exemption: None
  • Tax Year: 2023
  • TaxLot: L41 and L42
  • Tax Block: Emerson Terrace
School Information
  • School District: Indianapolis Public Schools
Parking
  • Garage YN: Yes
  • Garage Spaces: 1.0
  • Garage SqFt: 1000
Property
Lot Information
  • Acreage: <1/4 Acre
  • Lot Description: City Lot, Corner Lot
  • Lot Size Square Feet: 7452.0
  • Lot Size Acres: 0.17
  • Main Level SqFt: 780
  • New Construction: False
  • Sqft Total: 780.0
  • Sq Ft Total: 780.0
  • Year Built Numeric: 1900
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: Yes
  • Legal Subdivision: Lot 41 and L 42 of Emerson Terrace
  • Photos Count: 18
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Transaction Type: Sale
Green Features
  • Green Certification: No
Utilities
  • Solid Waste: No
  • Water Source: Municipal/City
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, Stucco
  • Foundation Details: Slab
  • Horse Amenities: None
Interior Features
  • Accessibility Features: No
  • Appliances: Electric Cooktop, Electric Water Heater, Electric Oven, Refrigerator
  • Basement YN: No
  • Cooling: Central Electric
  • Eating Area: Dining Combo/Kitchen
  • Heating: Forced Air
  • Interior Features: Eat-in Kitchen, Screens Some, Windows Vinyl
  • Levels: One
  • Room List: Primary Bedroom, Bedroom 2, Kitchen, Living Room
  • Room and Features: Primary Bedroom-Main-Carpet, Bedroom 2-Main-Carpet, Kitchen-Main-Vinyl, Living Room-Main-Carpet
  • Main Level Bedrooms: 2
  • Num Bedrooms Upper: 0
  • Num Bedrooms Basement: 0
  • Rooms Basement: 0
Room Information
Room Information
  • Rooms MU: 4
  • Rooms Total MU: 4
  • Total Rooms: 4
Room 1
  • Room Level: Main
  • Room Dimensions: 13 x 20
  • Room Features: Carpet
  • Room Type: Primary Bedroom
Room 2
  • Room Level: Main
  • Room Dimensions: 13 x 12
  • Room Features: Carpet
  • Room Type: Bedroom 2
Room 3
  • Room Level: Main
  • Room Dimensions: 13 x 10
  • Room Features: Vinyl
  • Room Type: Kitchen
Room 4
  • Room Level: Main
  • Room Dimensions: 13x13
  • Room Features: Carpet
  • Room Type: Living Room
Bathrooms
  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total Count: 1
  • Full Baths Basement: 0
  • Full Baths Main: 1
  • Full Baths MU: 1
  • Full Baths Upper: 0
  • Half Baths Basement: 0
  • Half Baths Main: 0
  • Half Baths MU: 0
  • Half Baths Upper: 0
Bedrooms
  • Beds MU: 2
  • Bedrooms MU: 2
  • Bedrooms Total: 2

Property History for 4841 Terrace Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4841 Terrace Avenue

Taxable ValueLand$11,300Additions$13,300Total$24,600
Tax Record2022$586 ($49 / month)
Home Facts
Beds0Lot Size7,492 SqFtStyleMiscellaneous ResidentialYear Built1947CountyMARIONAPN49-10-16-124-028.000-101

Schools near 4841 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

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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4841 Terrace Avenue is a single family home for sale in Indianapolis, IN 46203. This property was listed for sale on April 16, 2024 by Sherry Minkis, it's currently listed at $189,000. This listing's school district is Indianapolis Public Schools. Nearby schools include Frederick Douglass School 19, Arlington Community Middle School and George Washington Community High School (9-12). 4841 Terrace Avenue is a 2-bed, 1-bath, 780 sqft single family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Sherry Minkis

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.