430 Terrace Avenue, Indianapolis, IN 46225

$250,000 Asking Price

3 beds
2 baths
864  sqft
Built in 1895

Featured on HGTV's House Hunters. This Bates Hendricks duplex is a prime opportunity for savvy investors seeking an active MTR/STR property. Upper unit has it's own private side entrance that leads up to a fully furnished 1BR/1BA unit. Stocked fully for a furnished rental with great proximity to the downtown hospitals. Enter the lower unit through the front or back door to find a spacious 2BR/1BA. New main level bath just completed. Old Indy charm fills this unit with wood panel ceilings and accent lighting as featured on House Hunters! All you need to generate two revenues from one property! Fully fenced yard with gated parking in the rear on a large concrete slab covered by a carport. Keyless entry pads on both units make transitions a breeze! This one is perfect for you next investment. New Mini split dual units installed in upper unit for private heating and cooling.

Features & Amenities

Interior

General:
Breakfast Bar, Cathedral Ceiling(s), Raised Ceiling(s), Hardwood Floors, Hi-Speed Internet Availbl
Appliances:
Electric Cooktop, Dishwasher, Disposal, Microwave, Electric Oven, Refrigerator, Bar Fridge, Double Oven, Gas Water Heater
Laundry:
Laundry Closet, Main Level
A/C:
Central Electric
Heating:
Forced Air, Gas
Fireplace:
Fireplaces: 0

Exterior

Style:
TraditonalAmerican
Other Structures:
Covered Porch, Deck Main Level
Parking:
Carport, Concrete

Construction

General:
Two, Crawl Space

Location

Originating MLS:
mibor
School District:
Indianapolis Public Schools
County:
Marion

Lot

Zoning:
Dunlop & Tutewilers Sub B F Morris Add L99, 491113218024000101
Fencing:
Fence Full Rear

Utilities

Utilities:
Cable Available, Gas
Water:
Municipal/City

Financial

Source:
mibor

This listing courtesy of:
Matlock Realty Group, Beau Matlock

About Indianapolis, IN

Housing

Number of Units
439,918
Median Home Value
$169,609
Median Rent
$790

47.41% of housing units are renter occupied.

8.91% are vacant.

Commute

Car
76.18%
Public Transportation
1.34%
Walk to Work
1.81%
Work from Home
19.69%
Other
0.60%

The median travel time to work is 21 minutes.

People

Population
976,092
Median Age
35.40
Median Household Size
2.45

Education

High School
27.86%
Associate’s Degree
8.16%
Bachelor’s Degree
21.08%
Graduate Degree
11.46%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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