Great investment opportunity in Mars Hill! This 2-bedroom home requires a full renovation, including foundation and structural support. Sitting on a deep lot with nearby developments and easy access to downtown Indianapolis, it offers strong potential for future value.
Active
Price cut: $15K (6/24)
$49,999
4631 Terrace Ave, Indianapolis, IN 46203
2beds
720sqft
Est.:
Residential, Single Family Residence
Built in 1953
0.3 Acres Lot
$-- Zestimate®
$69/sqft
$-- HOA
What's special
Deep lot
- 52 days
- on Zillow |
- 1,070 |
- 52 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: June 24, 2025 at 02:04pm
Listing Provided by:
Steven Koleno contact@beycome.com,
Beycome Brokerage Realty LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22044741

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Features: Carpet
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10x10
Bedroom 2
- Features: Carpet
- Level: Main
- Area: 90 Square Feet
- Dimensions: 9x10
Heating
- Forced Air
Cooling
- None
Appliances
- Included: None
Features
- Walk-In Closet(s)
- Has basement: No
Interior area
- Total structure area: 720
- Total interior livable area: 720 sqft
Property
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.3 Acres
Details
- Parcel number: 491016126011000101
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Stone
- Foundation: Crawl Space
Condition
- New construction: No
- Year built: 1953
Utilities & green energy
- Water: Community Water
Community & HOA
Community
- Subdivision: Indianapolis
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $69/sqft
- Tax assessed value: $56,000
- Annual tax amount: $66
- Date on market: 6/18/2025
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