Sold — 5429 Terrace Avenue, Indianapolis, IN 46203
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ABOUT THIS HOME
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.
$285,000
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 a...
2,668
Sq Ft
1949
Year Built
5
Bedrooms
3
Bathrooms
Key things to know
- Sold 3.5% below list in 52 days
- 2.18-acre lot
Sold
$275,000
-$10,000 below list (-3.5%)
- Closed
- Mar 25, 2026
- Listed at
- $285,000
- Sold
- 1 month ago
- Sold in
- 52 days
Price history
- Sold$275,000
Mar 25, 2026
- Listedat $285,000
Nov 12, 2025
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Comparative value
5 comps in this range
This home is 18% below median for similar nearby sales.
FEATURES & AMENITIES
Interior
Exterior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$285,000Listed· Nov 12, 2025
52 days on market
Layout
Schools
MSD Warren Township
Neighborhood
- Downtown Indianapolis4.6 mi
- Monon Trail (Carmel)14.6 mi
- IU Health North Hospital14.7 mi
- Carmel High School15.3 mi
- Fishers High School15.4 mi
- Conner Prairie15.6 mi
PROPERTY DETAILS
Living Area
2,668 sq ft
Year Built
1949
Stories
Two
Subdivision
No Subdivision
Bedrooms
5
Bathrooms
3 full
School District
MSD Warren Township