518 Terrace AVE Indianapolis, IN 46203 Open Sat 11AM-1PM

UPDATED: 03/12/2026 06:12 PM ON MARKET: 1 days on market

$350,000

3 Beds3 Baths1,869 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,869 sqft

Price per Sqft $187

Subdivision South Park

MLS Listing ID 22087604

Bedrooms 3

Full Baths 2

Half Baths 1

HOA Y/N No

Year Built 1909

Tax Year 2024

Lot Size 3,484 Sqft

Acres 0.08

Property Sub-Type Single Family Residence

Property Description

Renovated from top to bottom, this 3-bed / 2.5-bath Bates-Hendricks home is sure to impress. Previously featured on HGTV's Good Bones, the home offers an open-concept main level with durable laminate hardwood flooring and great natural flow for everyday living. The spacious kitchen features tons of storage, stainless steel appliances, open shelving, a walk-in pantry, and a large island perfect for gathering. A flexible main-level room works well as a home office or third bedroom. Upstairs, you'll find the primary suite with a spacious bathroom and walk-in closet, along with a second bedroom and full bath with generous closet space. The fully fenced backyard features a large deck-ideal for relaxing or hosting. Washer and dryer included. Ideally located near Fountain Square, Garfield Park, and downtown Indianapolis, this home offers easy access to the Eli Lilly campus, Lucas Oil Stadium, Gainbridge Fieldhouse, and I-465 for convenient commuting throughout the city.