Key facts
- Beds
- 2
- Baths
- 1 full
- Living area
- 888 sqft
- Lot
- 0.09 acres
- Year built
- 1885
- Type
- Residential · Single Family Residence
- Stories
- One
- Garage
- 1 space
- MLS #
- 22134123
- County
- Marion
- Subdivision
- Fountain Square
About this home
Let's get to know your next FABULOUS project ... 1425 Terrace Ave ... She's a 2 bedroom cutie in the Fountain Square neighborhood; and, yes, she needs a lot of love; but her bones appear to be solid & her location supports an overhaul (the neighbors think she's long overdue for a glow up - check out the recent sales data on the street - this girl is way behind the times). Fountain Square is one of the coolest pockets in Indy, just minutes from restaurants, coffee shops, breweries, live music & duckpin bowling. Getting into the City's Center is an easy trip, so dinner or a show or a game is never a big production from here. People want to be in this part of town, & she puts you right in the mix. So what would be your plan? She'll make a great long-term rental for a buy & hold strategy, or you could fix & flip her & let the neighborhood do the selling for you. Perhaps you're looking for your own little hideaway near the action, or even to host an Airbnb that others will enjoy while lining your pockets? Whatever your plan, the location is already handled & you'll get to focus on bringing her back to life. She is absolutely priced to sell this week, so seriously call your contractor & your imagination & get in there ASAP. She is being sold as-is where-is, exactly in the condition she's in. No inspection contingencies or as is addendums will be considered, as NO OFFERS WILL BE REVIEWED BEFORE 4PM ON 11/6/2026, SPECIFICALLY TO ALLOW TIME FOR ALL INTERESTED PARTIES TO COMPLETE DUE DILIGENCE BEFORE SUBMITTING AN INFORMED *AS IS* OFFER.
Description provided by the listing brokerage.
Interior
- Appliances
- Interior features
- Other rooms and areas
- Basement
- Laundry
- Windows
- Rooms
- 5
- Main-level bedrooms
- 2
- Condition
Exterior
- Exterior features
- Patio and porch
- Construction
- Foundation
- Style
- Parking and garage
- Fencing
Systems
- Heating
- Water
- Utilities
Lot and HOA
- Lot features
Schools
- School district
- Indianapolis Public Schools
Taxes
- Estimated annual tax
- $1,962 / yearTwice the semi-annual installment the listing reports.
- Tax year
- 2025
Price history
Every listing, price change and sale we have on record for this home.
| Date | Event | Price | $/sq ft |
|---|---|---|---|
| Listed for sale | $99,000 | $111 / sq ft |
Properties displayed may be listed or sold by various participants in the MLS.
Information deemed reliable but is not guaranteed accurate.
© 2026 MIBOR REALTOR® Association
Based on information submitted to the Broker Listing Cooperative listing service as of October 30, 2026
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.
Talk to a lender we trustLocation
Open in Google Maps- Address
- 1425 Terrace Avenue, Indianapolis, IN 46203
- County
- Marion