738 Terrace Avenue, Indianapolis, IN 46203

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  • Price Reduced$5,000

$625,000

  • 4 BedroomBedrooms
  • 5 BathroomBathrooms
  • 2,920 Sq.Ft.
  • Single Family
  • Active
  • MLS# 22104558
  • Floor Plan
  • Sold on  
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Property Description

Built by Blankenship Custom Homes, this stunning custom-built home in the heart of Bates-Hendricks features a separate carriage house apartment and thoughtfully curated modern finishes throughout. This striking home offers an open-concept main level with soaring 10-foot ceilings, abundant natural light, wide-plank hardwood flooring, and seamless spaces designed for both everyday living and entertaining. The designer kitchen is the centerpiece of the home, showcasing custom cabinetry, quartz countertops, oversized island seating, high-end stainless steel appliances, statement lighting, and a spacious walk-in pantry. The living area features soaring ceilings and a sleek modern fireplace, creating a warm yet sophisticated atmosphere. Upstairs, both bedrooms feature private ensuite baths and large walk-in closets, providing ideal comfort and privacy. The finished basement expands the living space with an additional bedroom, full bath, wet bar, and flexible entertaining or guest space. Step outside to enjoy the oversized patio and fully fenced backyard - perfect for hosting, pets, or relaxing evenings outdoors. Above the garage, the private 1-bedroom carriage house offers incredible flexibility for guests, rental income, home office space, or multigenerational living. Located just minutes from downtown Indianapolis, Fountain Square, restaurants, nightlife, and all the energy of urban living, this one-of-a-kind property combines modern luxury with unbeatable location.

Property Details 738 Terrace Avenue, Indianapolis, IN 46203

Facts & Features

  • MLS #: 22104558
  • Status: Active
  • Type: Single Family
  • Sub Type: Single Family Residence
  • Year Built: 2023
  • Style: Contemporary
  • Price: $625,000
  • Acres: 0.08
  • Area: 4910 - Marion - Center
  • County: Marion
  • Subdivision: South Park
  • Bedrooms: 4
  • Bathrooms: 5
  • Full Baths: 4
  • Half Baths: 1
  • Total SqFt: 2,920

Amenities

  • Parking: Guest Street Parking
  • # of Garages: 2
  • Pet Friendly: Yes

Interior

  • Interior Features: Bath Sinks Double Main, Kitchen Island, Pantry, Walk-In Closet(s), Wet Bar
  • Appliances: Dishwasher, Disposal, Microwave, Gas Oven, Range Hood, Refrigerator, Water Heater
  • Heating: High Efficiency (90%+ AFUE )
  • Cooling: Central Air
  • Basement: Yes
  • Fireplaces Total: 1

Exterior

  • Exterior Features: Carriage/Guest House
  • Construction: Wood Siding

Schools

  • School District: Indianapolis Public Schools

Additional Information

  • Date Listed: 05/28/2026

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