$285,000
5429 Terrace Avenue
Spacious 5 bed, 3 bath home set on roughly 2.5 peaceful acres, complete with a charming 1 bed, 1 bath guest house. The main home offers generous square footage, flexible living areas, and tons of potential for updates to fit your style. Whether you're looking to create your dream residence or take advantage of a strong investment opportunity, this property delivers space, privacy, and endless options. The separate guest house is perfect for extended family, visitors, or rental income, and the wide-open acreage gives you room to expand, garden, entertain, or just breathe. A rare chance to make a truly versatile property your own.
GPS Friendly
Eat-in Kitchen, Microwave, Gas Oven, Refrigerator
Map to 5429 Terrace Avenue, Indianapolis, IN 46203
MLS #
22072406
Date Listed
2025-11-12
Status
Active
Property Type
Residential
Property SubType
Single Family Residence
Square Feet
2668 sqft
New Construction
No
Style
Traditional
Type
Single Family Residence
Bedrooms
5
Bathrooms
3
Year Taxes Payable
2024
Year Built
1949
Days on Market
24
Additional
Design
Traditional
Cooling
Central Air
Heating
Forced Air
External Features
Construction
Single Family Residence
Lot Size
96,940 sq ft
Acreage
2.18 Acres
Sewer
Municipal Sewer Connected
Water
Public
Fence
None
Location
Area
Marion
County
Marion
Subdivision
No Subdivision
Township
Warren
City
Indianapolis
State
IN
Zip
46203
Schools
School District
MSD Warren Township
Financial
Assoc. Dues
$0.00
| MLS # | 22072406 |
|---|---|
| Date Listed | 2025-11-12 |
| Status | Active |
| Property Type | Residential |
| Property SubType | Single Family Residence |
| Square Feet | 2668 sqft |
| New Construction | No |
| Style | Traditional |
| Type | Single Family Residence |
| Bedrooms | 5 |
| Bathrooms | 3 |
| Year Taxes Payable | 2024 |
| Year Built | 1949 |
| Days on Market | 24 |
| Design | Traditional |
|---|---|
| Cooling | Central Air |
| Heating | Forced Air |
| Construction | Single Family Residence |
|---|---|
| Lot Size | 96,940 sq ft |
| Acreage | 2.18 Acres |
| Sewer | Municipal Sewer Connected |
| Water | Public |
| Fence | None |
| Area | Marion |
|---|---|
| County | Marion |
| Subdivision | No Subdivision |
| Township | Warren |
| City | Indianapolis |
| State | IN |
| Zip | 46203 |
| School District | MSD Warren Township |
|---|
| Assoc. Dues | $0.00 |
|---|
MLS# 22072406
IDX information provided by the MIBOR REALTOR® Association.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Listing Provided Courtesy of Sarah Fishburn
F.C. Tucker Company
sarah.fishburn@talktotucker.com
Listing updated November 14, 2025 at 4:39 pm
Last checked 15 minutes ago
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