
Sheldon Barnes
For Sale — 7505 Terrace Beach, Indianapolis, IN 462407505 Terrace Beach
Indianapolis, Indiana 46240
Ravenswood
2
Beds
1
Baths
1,252
Sq Ft
1905
Year Built
0.41
Acres
Schedule a tour or ask a question
Sheldon Barnes can help you tour 7505 Terrace Beach
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 7505 Terrace Beach in Ravenswood, ask any question about this home, or talk through what you should know about buying in Indianapolis.
ABOUT THIS HOME
Welcome to your riverfront retreat in Ravenswood - a character-filled home where wide water views, motorized boat access, and a truly usable backyard create a lifestyle few homes in Indianapolis can offer. Set along one of the most desirable stretches of the White River, this property offers seamless access to the water and dock, with a spacious yard that extends all the way to the shoreline. The expansive backyard and natural surroundings create a peaceful, park-like atmosphere. A wraparound porch provides the perfect place for morning coffee or evening gatherings, while the fenced front yard adds charm and flexibility. Inside, thoughtful updates blend character and comfort. The renovated kitchen features new quartz countertops, a new sink, as well as stainless steel appliances. Durable plank flooring extends throughout the entire main level, offering both style and everyday functionality. The bright sunroom - complete with a cozy wood-burning fireplace - overlooks the backyard and river beyond, creating a warm and inviting space year-round. Upstairs, two bedrooms and a beautifully updated full bath provide comfortable accommodations. The traditional enclosed bedroom offers privacy and functionality, while the loft-style bedroom stands out with exposed beams, architectural trim, and abundant natural light. The spa-inspired bath completes the upper level with a calming, retreat-like feel. Tucked away in Ravenswood, this home feels private and serene while remaining just minutes from Broad Ripple, Keystone, and Indy's Northside conveniences. Riverfront homes along this wider, motorized section of the White River rarely become available - especially with this combination of yard, dock, and location. A home warranty is in place and transferable to the new owner through July 31, 2029, offering added peace of mind. Don't miss this rare opportunity to enjoy true waterfront living in one of Indianapolis' most established river communities.
Key things to know
- White river frontage with motorized boat access and dock
- Wraparound porch
- Sunroom with wood-burning fireplace
- Renovated kitchen with quartz countertops and stainless steel appliances
- Loft-style bedroom with exposed beams
Browse by room
14 rooms · 31 photos
Monthly payment
Estimate · $339,900
$1,974/mo
≈ $1,809 principal & interest · $165 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $67,980 on a loan of $271,920.
Price history
- Listedat $350,000
Feb 24, 2026
Ravenswood · activity
past 6 months
- Sold
- 3
- Median price
- $210,000
- Median DOM
- 27 days
Recent comparable sales

$345,000
8816 El Rico Drive
3bd · 2ba · 1,370 sqft
Sold May 2026

$290,000
627 E 93rd Street
3bd · 2ba · 1,282 sqft
Sold May 2026

$280,000
624 College Lane
3bd · 2ba · 1,593 sqft
Sold May 2026

$120,000
7886 Harbour Isle
2bd · 2ba · 1,024 sqft
Sold Apr 2026

$430,000
928 Forest Blvd N Drive
3bd · 3ba · 1,376 sqft
Sold Apr 2026
Comparative value
5 comps in this range
This home is 17% above median for similar nearby sales.
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
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$350,000Listed· Feb 24, 2026
59 days on market
Layout
Schools
MSD Washington Township
Neighborhood
- Monon Trail (Carmel)4.7 mi
- Carmel Central Park5.3 mi
- Carmel High School5.4 mi
- IU Health North Hospital5.9 mi
- Carmel Arts & Design District6.0 mi
- Clay Terrace6.8 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
1,252 sq ft
Year Built
1905
Stories
Two
Subdivision
Ravenswood
Bedrooms
2
Bathrooms
1 full
Garage
1 spaces
School District
MSD Washington Township
