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$329,900519 Terrace Avenue
For Sale33 days on market

519 Terrace Avenue

Indianapolis, Indiana 46203

No Subdivision

$329,900

$349,900

Schedule a Showing

3

Beds

3

Baths

1,815

Sq Ft

1905

Year Built

0.08

Acres

Sheldon Barnes, Carmel Realtor

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Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Indianapolis, Indiana and the rest of Hamilton County. Book a private tour of 519 Terrace Avenue, ask any question about this home, or talk through what you should know about buying in Indianapolis.

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ABOUT THIS HOME

Step into this Bates-Hendricks stunner-a home that's as stylish as it is functional! Completely remodeled down to the studs in 2016 and showcased on Season 2 of HGTV's Good Bones, this property blends modern updates with vintage charm. Inside, you'll find a bright and open floor plan featuring gorgeous luxury vinyl plank floors, custom tilework, and eye-catching vintage-inspired light fixtures. The extra-large kitchen is a dream for home chefs, with expansive granite countertops, a sprawling island, and plenty of space for entertaining. French doors lead seamlessly from the living area to a spacious patio deck, perfect for al fresco dining or relaxing under the stars. With three generously sized bedrooms and two full baths-complete with double vanities-there's plenty of room for everyone to spread out. Outside, the fully fenced backyard offers privacy and versatility, whether you're hosting summer BBQs or enjoying a quiet moment with your morning coffee. There's also dedicated parking for two vehicles, a rare find in this prime location. Nestled in the heart of Bates-Hendricks, this home puts you close to everything downtown Indy has to offer. Walk to neighborhood favorites like The Vault Indy and Indy All Night, or take a short drive to Lilly Corporate Center, Lucas Oil Stadium, Gainbridge Fieldhouse and major employers such as the newly expanded IU Health Campus. Also just minutes from some of downtown Indy's best shopping, dining, and entertainment options. Commuters will love the easy access to I-65/I-70 and major routes like Meridian St, East St, and Madison Ave. Don't miss your chance to make this incredible home yours-schedule a showing today!

Listed by Andy Tresize· Compass Indiana, LLC· MLS# 22090988

Key things to know

  • Featured on hgtv good bones season 2
  • Completely remodeled to studs in 2016
  • Open floor plan with luxury vinyl plank flooring
  • Large kitchen with granite counters and island
  • Fenced backyard with patio deck

Monthly payment

Estimate · $329,900

$2,050/mo

$1,756 principal & interest · $294 tax

Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $65,980 on a loan of $263,920.

Price history

  1. Price reduced$339,900 → $329,900

    May 11, 2026

  2. Listedat $349,900

    Mar 27, 2026

Comparative value

5 comps in this range

This home is 1.5% below median for similar nearby sales.

$208K$482KMedian $335K
$330K

Want to know anything specific? Ask about updates, finishes, the basement, the yard — I read the listing's photos, MLS data, and remarks and cite what I find.

FEATURES & AMENITIES

Interior

Attic AccessKitchen IslandEntrance FoyerPaddle FanHi-Speed Internet AvailblEat-in KitchenWalk-In Closet(s)

Climate

Heat: Forced AirHeat: ElectricCool: Central Air

THE FACTS

Pricing trajectory, room-by-room layout, schools, and what's nearby.

Price history

  • $349,900Listed· Mar 27, 2026

  • $329,900Reduced

    $20,000 (5.7% off original)

33 days on market

Layout

Main
4 rooms993 sq ft
Upper
323 rooms822 sq ft

Primary suite

Closet Walk in

Primary bath

Shower Stall Full,Sinks Double

Schools

Indianapolis Public Schools

    Neighborhood

    • Downtown Indianapolis1.5 mi
    • Monon Trail (Carmel)14.6 mi
    • Carmel Central Park15.0 mi
    • Carmel High School15.3 mi
    • IU Health North Hospital15.3 mi
    • Zionsville Community HS15.7 mi

    PROPERTY DETAILS

    Combined data from the listing and Hamilton County records

    Living Area

    1,815 sq ft

    Year Built

    1905

    Stories

    Two

    Subdivision

    No Subdivision

    Bedrooms

    3

    Bathrooms

    2 full, 1 half

    School District

    Indianapolis Public Schools

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