Key facts
- Beds
- 4
- Baths
- 3 full
- Living area
- 1,846 sqft
- Lot
- 0.08 acres
- Year built
- 1902
- Type
- Residential · Single Family Residence
- Stories
- Two
- MLS #
- 22128565
- County
- Marion
- Subdivision
- South Park
About this home
A beautiful home - and help making it yours. With an acceptable offer, the seller is willing to work with you on an interest-rate buydown designed to lower your monthly mortgage payment and help you take your next step with confidence, subject to lender approval and loan-program limits. Terrace Avenue feels like an open-air gallery of homes, each with its own look and story. At 722 Terrace, that individuality continues inside. Built in 1902 and beautifully renovated, this Bates-Hendricks home welcomes you with warm wood floors, high ceilings, rustic details, a spacious great room, and a wide staircase. The great room flows into the dining area and kitchen, where two-tone cabinetry, distinctive octagonal windows, and a dedicated cafe station bring personality to everyday life. Set the mood for quiet mornings or evenings with friends with speakers built into the main-level ceiling. A bedroom and full bath complete the first floor. Upstairs are three bedrooms and two full baths, including a primary suite with a custom tiled shower and double vanity. A tucked-away laundry area adds everyday convenience right where you need it. French doors from the dining area frame the backyard and open to a deck. The fully fenced yard offers room to relax or entertain, with potential to add a garage. Close to downtown Indianapolis, Fountain Square, Garfield Park, and the Pleasant Run Trail, the location offers appeal for those exploring Airbnb or short-term rental opportunities. Furniture is available for separate purchase. Come experience the character of 722 Terrace Avenue for yourself. Your new home comes with a thoughtful extra - a seller-provided home warranty.
Description provided by the listing brokerage.
Interior
- Appliances
- Interior features
- Flooring
- Fireplaces
- 1
- Fireplace type
- Laundry
- Windows
- Rooms
- 7
- Main-level bedrooms
- 1
- Condition
Exterior
- Patio and porch
- Construction
- Foundation
- Style
- Parking and garage
Systems
- Heating
- Cooling
- Water
Schools
- School district
- Indianapolis Public Schools
Taxes
- Estimated annual tax
- $6,014 / yearTwice the semi-annual installment the listing reports.
- Tax year
- 2025
Estimate your monthly payment
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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