1422 Terrace Ave Indianapolis, IN 46203
Single Family Residence2 Beds, -- Baths, 1,599 sqft
$196,000
(Estimated Value)
Estimated value provides a reasonable estimate of the property’s market value based on comparable properties and other factors.
It is not an actual appraisal, but it is a good starting point to determine the property’s actual value.
- Est. Refinance:
- $890/mo
1422 Terrace Ave is a single family residence located in Indianapolis, IN 46203. Built in 1915, this property features 2 bedrooms, 4,443 sq ft lot, and 1,599 sq ft of living space. The estimated market value for 1422 Terrace Ave is $196,000.
For the surrounding community of Indianapolis, IN 46203, the average sale price for similar homes to 1422 Terrace Ave is $64,978. The nearby schools are below average and include William Mckinley School 39, Henry W Longfellow Middle School and Arsenal Technical High School. The overall crime risk for this area is moderately high with 87 criminal and sex offenders residing within 1 mile. The natural disaster risk for this area includes very low earthquake risk, and high tornado risk.
Equity & Loan-to-value
$196,000
estimated value
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Outstanding Loan Amount
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Equity
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Loan-To-Value
Ownership Information
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The primary owner (or borrower) is the person in charge of the mortgage and ultimately responsible for making payments on the loan.
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Free with Trial |
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The secondary owner (or borrower) is the person who signed the mortgage along with the primary owner. Even though this person is listed as the second on the loan, he/she still bears the same responsibility to ensure payments are made on time. In the event of a foreclosure, this person’s credit will be affected along with the primary owner.
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Free with Trial |
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Indicates the ownership vesting type. Generally this describes the legal relationship between multiple owners or married persons.
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Free with Trial |
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The address where the owner receives his/her tax bill. You may use this address to get in touch with the property owner.
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Free with Trial |
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The date when the current owner purchased the property.
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05/04/2016 |
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The type of financing used to purchase the property.
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Free with Trial |
Property Details: 1422 Terrace Ave
- Single Family Residence
- Home Size: 1,599 sqft
- Lot Size: 4,443 sqft
- Built in: 1915
- Parcel Number: 491018105019000101
- County: Marion
- Subdivision: HUBBARD, MARTINDALE & MC CARTY
- Census: 2
- Tract: 357100
- Lot: 19
- Legal: Free With Trial
Sale History
| Date | Event | Price | Price/sq.ft. | Source |
| 5/4/2016 | Sold | N/A | N/A | Public Records |
Home Expenses
Tax History
| Year | Taxes | Land | Improvements | Assessment |
| 2017 | $315 (+0.15%) | $3,900 | $200,300 | $204,200 |
| 2016 | $315 (+0.65%) | $3,900 | $44,300 | $48,200 |
| 2015 | $806 (+2.2%) | $3,900 | $32,700 | $36,600 |
| 2014 | $758 (+2.16%) | $3,900 | $31,200 | $35,100 |
| 2013 | $650 (+2.69%) | $3,900 | $20,200 | $24,100 |
| 2011 | $592 | $6,100 | $21,400 | $27,500 |
Open Loans
Transaction History
Market Comparison
This home $196,000
Estimated Value
vs
Comparable Sales$64,978
AVG SALES Price
Comparable Listings $193,140
AVG LIST Price
Comparable Sales
The average sales price of homes similar to 1422 Terrace Ave is $64,978 ($43/sq.ft.)| Address | Sold Price | Sold Date | Price/sq ft | Sq.Ft. | Beds, Baths | Distance |
| 1635 Asbury St | $38,000 | 03/29/2018 | $26 | 1,474 sq.ft. | 2 Bed, -- Bath | 0.4 mi away |
| 2918 Boyd Ave | $47,000 | 01/11/2018 | $28 | 1,668 sq.ft. | 3 Bed, -- Bath | 1.8 mi away |
| 2932 Hervey St | $120,000 | 10/05/2017 | $78 | 1,543 sq.ft. | 3 Bed, 3 Bath | 1.5 mi away |
| 1537 Finley Ave | $28,500 | 09/01/2017 | $20 | 1,440 sq.ft. | 3 Bed, -- Bath | 1.1 mi away |
| 2939 E Tabor St | $91,120 | 08/10/2017 | $63 | 1,448 sq.ft. | 3 Bed, 2 Bath | 1.5 mi away |
Comparable Listings
- 615 E Minnesota St
- $320,000
- 3 Bd 3 Ba
- 1,633 SqFt
- 1866 Orleans St
- $274,900
- 3 Bd 2.5 Ba
- 1,736 SqFt
- 1009 Villa Ave
- $149,900
- 3 Bd 1 Ba
- 1,794 SqFt
- 3415 Carica Dr
- $135,000
- 3 Bd 2 Ba
- 1,505 SqFt
- 4017 Terrace Ave
- $83,000
- 3 Bd 1 Ba
- 1,719 SqFt
