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338 Terrace Avenue

Indianapolis, IN 46225

ActiveListed Jun 26, 2026 · 24 days on market

Key facts

Beds
3
Baths
2 full · 1 half
Living area
2,220 sqft
Lot
0.15 acres
Year built
1890
Type
Residential · Single Family Residence
Stories
One and one half
Garage
2 spaces
MLS #
22110234
County
Marion
Subdivision
Woodruff Sub Morris Add

About this home

Built in 1890, this 3-bedroom, 2.5-bath home offers 1,660 square feet of well-maintained living space that blends historic character located in Bates - Hendricks. Situated on a spacious 6,600-square-foot lot, this 1.5-story home provides plenty of room both inside and out.

Description provided by the listing brokerage.

Interior

Appliances
DishwasherElectric OvenRefrigerator
Interior features
Bath Sinks Double MainHigh CeilingsTray Ceiling(s)Kitchen IslandEntrance FoyerHi-Speed Internet AvailblWired for DataWalk-In Closet(s)
Basement
FinishedFinished Ceiling
Windows
Vinyl Windows
Rooms
6
Main-level bedrooms
1

Exterior

Patio and porch
CoveredDeck
Construction
Vinyl SidingWood Siding
Foundation
Block
Style
A-Frame
Parking and garage
Detached

Systems

Heating
Natural Gas
Cooling
Central Air
Water
Public

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$2,386 / yearTwice the semi-annual installment the listing reports.
Tax year
2024

Estimate your monthly payment

$2,301per month, estimated
Principal and interest $1,966Property tax $199Insurance $137
20% · $78,000
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$390,000
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