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$339,9007505 Terrace Beach
For Sale59 days on market

7505 Terrace Beach

Indianapolis, Indiana 46240

Ravenswood

$339,900

$350,000

Schedule a Showing

2

Beds

1

Baths

1,252

Sq Ft

1905

Year Built

0.41

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 7505 Terrace Beach in Ravenswood, ask any question about this home, or talk through what you should know about buying in Indianapolis.

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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.

Listed by Caroline Martin· F.C. Tucker Company· MLS# 22084040

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

  1. Listedat $350,000

    Feb 24, 2026

Sold
3
Median price
$210,000
Median DOM
27 days

Comparative value

5 comps in this range

This home is 17% above median for similar nearby sales.

$120K$430KMedian $290K
$340K

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

Eat-in Kitchen

Climate

Heat: Forced AirCool: Central Air

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

Main
3 rooms732 sq ft
Upper
213 rooms520 sq ft

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

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