727 Terrace Avenue | MLS #MBR22109751

Listing provided courtesy of Empire Real Estate LLCMLS# MBR22109751

Finally! An affordable home that's move in ready downtown, 727 Terrace Avenue! This recently renovated two bedroom, one bath home offers comfortable living with updates already completed for peace of mind. The HVAC and central air system are only a few years old, while the roof was replaced in 2025. New flooring and carpet throughout give the home a fresh, modern feel, complemented by matching marble tile in both the bathroom and laundry room. Each bedroom offers comfortable living space, and the home's generous layout provides plenty of room to relax, entertain, or work from home. Situated on one of the most desirable streets in Bates Hendricks, you'll enjoy convenient access to nearby parks, popular restaurants, local bars, and downtown Indianapolis corporate offices. Whether you're looking for your next home or a turnkey investment property, 727 Terrace delivers location, updates, and value all in one package.

Source: MIBOR, MLS#: MBR22109751

Love this property?

Create a profile so you can receive updates on this property as soon as they happen!

Property Type

Residential
Lot

0.08 acres

Get in Contact

Would you like to know more about this property? We're here to help! Let's connect and find what you're looking for.

Owning this Home

Estimated Monthly Cost

Price

Down Payment

$ %

Loan Length (years)

Interest Rate

* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 727 Terrace Avenue

Schools

School data unavailable,
School data courtesy of LiveBy, Inc.

Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date	Event	Value	Agent
6/23/2026Source: MIBOR	Added to Database	June 23, 2026