738 Terrace AVE Indianapolis, IN 46203 Open Sun 2PM-4PM

UPDATED: 06/02/2026 12:31 PM ON MARKET: 6 days on market

$649,000

4 Beds5 Baths2,920 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,920 sqft

Price per Sqft $222

Subdivision South Park

MLS Listing ID 22104558

Bedrooms 4

Full Baths 4

Half Baths 1

HOA Y/N No

Year Built 2023

Tax Year 2024

Lot Size 3,484 Sqft

Acres 0.08

Property Sub-Type Single Family Residence

Property Description

Built by Blankenship Custom Homes, this stunning custom-built home in the heart of Bates-Hendricks features a separate carriage house apartment and thoughtfully curated modern finishes throughout. This striking home offers an open-concept main level with soaring 10-foot ceilings, abundant natural light, wide-plank hardwood flooring, and seamless spaces designed for both everyday living and entertaining. The designer kitchen is the centerpiece of the home, showcasing custom cabinetry, quartz countertops, oversized island seating, high-end stainless steel appliances, statement lighting, and a spacious walk-in pantry. The living area features soaring ceilings and a sleek modern fireplace, creating a warm yet sophisticated atmosphere. Upstairs, both bedrooms feature private ensuite baths and large walk-in closets, providing ideal comfort and privacy. The finished basement expands the living space with an additional bedroom, full bath, wet bar, and flexible entertaining or guest space. Step outside to enjoy the oversized patio and fully fenced backyard - perfect for hosting, pets, or relaxing evenings outdoors. Above the garage, the private 1-bedroom carriage house offers incredible flexibility for guests, rental income, home office space, or multigenerational living. Located just minutes from downtown Indianapolis, Fountain Square, restaurants, nightlife, and all the energy of urban living, this one-of-a-kind property combines modern luxury with unbeatable location.


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