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$140,000

3912 Terrace Ave Indianapolis, IN 46203

3 beds
1 full
750 sqft
0.2 acres
$187 / sqft
House

Property details

About 3912 Terrace Ave

This 3-bedroom, 1-bath home is currently rented for $1,000 a month and delivers consistent income in a convenient southside location. Just minutes from downtown Indianapolis, it offers easy access to shopping, highways, and public transit. The layout is efficient and tenant-friendly, with room for future updates if desired. A great addition to any rental portfolio.

Highlights

Home typeSingle Family Residence
HeatingNatural Gas
StatusActive
CoolingCentral Air
Size750 sqft
Lot size0.17 Acres
Year built1930
MLS #22050423

Summary

  • Full Bathrooms: 1
  • Appliances: Gas Water Heater, Microwave Hood, Microwave, Electric Oven, Refrigerator
  • Basement: No
  • Total Bedroom Count: 3
  • Architectural Style: Traditional
  • Heating: Natural Gas
  • Cooling: Central Air
  • List Price: $140,000
  • Price/SqFt: $186
  • Annual Tax Amount: $2,350
  • Tax Year: 2023
  • Directions: GPS Friendly
  • Year Built: 1930
  • Living Area: 750 SqFt
  • Lot Size: 0.17 Acres
  • MLS Number: 22050423
  • MLS Name: MIBOR
  • Office Name: New Quantum Realty Group
  • Listing Agent: Olga Bliuc-Haggard

IDX Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

DMCA Notice

Copyright ©2025 MIBOR REALTOR® Association. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/23/2025, 11:46:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Mar 11, 2019
Home Sold
$46,900
Mar 04, 2019
Home Sold
$40,000
Aug 24, 2016
Home Sold
$20,500

Tax history

YearAssessmentProperty Tax
2023$99,100$2,350
2022$100,400$2,370
2021$70,600$1,560
2020$67,400$1,062
2019$68,100$963
2018$36,500$1,587
2017$35,300$785

History based on county public records data.

Nearby schools

3

Christian Park Elementary School 82

Public District KG-6

0.9 mi

4700 English Ave

4

Piloted Schools Bethel Park

Public Charter KG-4

1.0 mi

2710 Bethel Ave

2

Paul I. Miller Elementary School 114

Public District KG-6

1.1 mi

2251 Sloan Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $32,095. The most common annual income of people living in Indianapolis, IN is less than $<35k. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

58%
<35k
36%
35k-100k
6%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

45%
Single, No Kids
20%
Single, with Kids
18%
Married, No Kids
17%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
8%
12-17 yrs old
23%
18-34 yrs old
40%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • NHRA Drag RacingNHRA Drag Racing
  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • Big LotsBig Lots
  • Family DollarFamily Dollar
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Golden CorralGolden Corral
  • White CastleWhite Castle
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • KiaKia
  • ChevroletChevrolet
  • ToyotaToyota

What do the neighbors listen to?

  • Adult StandardsAdult Standards
  • RockRock
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 3912 Terrace Ave

The listing price of 3912 Terrace Ave property is $140,000.

The property 3912 Terrace Ave is a house located in Indianapolis, Indiana, 46203.

Active Listing: 3912 Terrace Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 3912 Terrace Ave are: Christian Park Elementary School 82 (GreatSchools Rating 3/10), Piloted Schools Bethel Park (GreatSchools Rating 4/10), Paul I. Miller Elementary School 114 (GreatSchools Rating 2/10), Paramount Englewood (GreatSchools Rating 9/10), Invent Learning Hub (GreatSchools Rating 3/10), Beech Grove Middle School (GreatSchools Rating 7/10), Victory College Preparatory Academy (GreatSchools Rating 6/10), Arsenal Technical High School (GreatSchools Rating 1/10), Irvington Community School (GreatSchools Rating 4/10).

According to the records, the last property tax for 2023 is $2,350 (source: MLS/based on county public records data).

The last sale was on March 11, 2019 for $46,900 (source: MLS/tax record).

The property at 3912 Terrace Ave has 3 bedrooms and 1 bathroom.

The property 3912 Terrace Ave is 750 SqFt (source: MLS/tax record).

The year of construction for 3912 Terrace Ave is 1930.

This home is located at 3912 Terrace Ave in Indianapolis, IN and zip code 46203 in the Near Southeast neighborhood. This 750 square foot home, which was built in 1930, sits on a 0.17 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 17, 2025 and is currently priced at $140,000.

While more than 266 listings in Indianapolis, IN in June 2025 were sold above asking price, there were more than 276 listings sold at asking price, and more than 527 were sold below. Between May and June 2025, Indianapolis, IN real estate market has seen decrease in the number of listings by 0.2%. While the average time on the market in June 2025 was 31 days, the median list price was $251,183.

From Rocket Homes Real Estate and based on county public records data.

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