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Kim Phelps

kim@kimphelps.com +1(317) 964-9021

Listed by Jennifer Blandford • Carpenter, REALTORS®

$ 99,000

Est. payment -/mo

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1425 Terrace AVE Indianapolis, IN 46203

2 Beds

1 Bath

888 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 888 sqft

Price per Sqft $111

Subdivision Fountain Square

MLS Listing ID 22134123

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1885

Tax Year 2025

Lot Size 3,920 Sqft

Acres 0.09

Property Sub-Type Single Family Residence

Property Description

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.

Location

State IN

County Marion

Rooms

Basement Cellar

Main Level Bedrooms 2

Interior

Interior Features Attic Access, Hi-Speed Internet Availbl, Eat-in Kitchen, Wood Work Painted

Heating Forced Air, Natural Gas

Cooling None

Equipment None

Fireplace Y

Appliance None, Gas Water Heater

Exterior

Exterior Feature Fire Pit

Garage Spaces 1.0

Utilities Available Electricity Connected, Natural Gas Connected, Water Connected, Sewer Connected

View Y/N false

Water Access Desc Public

Building

Story One

Foundation Block

Water Public

Architectural Style Bungalow, Traditional

Structure Type Vinyl Siding

New Construction false

Schools

School District Indianapolis Public Schools

Kim Phelps

Broker Associate License ID: RB25001656

+1(317) 964-9021

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Kim Phelps

1425 Terrace AVE Indianapolis, IN 46203

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

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1425 Terrace AVE