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1741 Terrace Avenue

Indianapolis, IN 46203

ActiveListed May 14, 2026 · 92 days on market

Key facts

Beds
6
Baths
2 full
Living area
3,072 sqft
Lot
0.18 acres
Year built
1930
Type
Residential · Single Family Residence
Stories
Two
MLS #
22102056
County
Marion
Subdivision
A Dennys Sub J F Wingate
Total building area
4,608 sqft

About this home

Welcome to 1741 Terrace Ave, a unique and versatile property offering plenty of space and possibilities! Currently configured as a single-family home, this property was previously used as a duplex and offers the potential to be converted back for those looking for a multi-generational living arrangement or investment opportunity. The flexible floor plan features 6 bedrooms, 2 full bathrooms, 2 kitchens, and multiple living areas, providing plenty of room to spread out. A large basement offers additional storage, work out room, and laundry, while the enclosed front porch and back deck provide extra spaces to relax or entertain. Outside, you'll find four gravel parking spaces, along with a storage barn for added convenience. Whether you're searching for a spacious single-family home, a property that can accommodate extended family, or an opportunity to explore conversion back to a duplex, this home offers options that are hard to find. Owner currently has 3 tenants and charges weekly rent.

Description provided by the listing brokerage.

Interior

Appliances
DryerMicrowaveElectric OvenGas OvenRefrigeratorWasher
Interior features
Attic StairwayPaddle FanEat-in Kitchen
Other rooms and areas
Laundry in Unit
Basement
FullStorage SpaceUnfinished
Laundry
In Basement
Rooms
14

Exterior

Exterior features
Storage Shed
Patio and porch
DeckGlass Enclosed
Construction
Vinyl Siding
Foundation
Block
Style
Traditional
Parking and garage
Alley AccessGuest

Systems

Heating
Natural Gas
Cooling
Window Unit(s)
Water
Public

Lot and HOA

Lot features
SidewalksMature Trees

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$1,360 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,191per month, estimated
Principal and interest $1,008Property tax $113Insurance $70
20% · $40,000
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$200,000
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