738 Terrace Avenue, Indianapolis, IN 46203

$630,000
4
BD
5
BA
2,920
SqFt

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List Price
$630,000
Price Change
▼ $10,000 1784915133
MLS#
22104558
Property Type
Residential
Bedrooms
4
Bathrooms
5
Sqft. of Residence
2,920
Year Built
2023
Days on Market
60
Status
ACTIVE

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.

Additional Information

Basement
Ceiling - 9+ feet, Daylight, Egress Window(s), Finished
Foundation
Concrete Perimeter
Number of Fireplaces
1
Fireplace Description
Electric, Family Room
Stories
Two
Architecture
Contemporary
Equipment
None
Interior
Bath Sinks Double Main, Kitchen Island, Pantry, Walk-In Closet(s), Wet Bar
Exterior Amenities
Carriage/Guest House
Acres
0.08
Heat
High Efficiency (90%+ AFUE )
Cooling
Central Air
Financing
Conventional, VA
Appliances
Dishwasher, Disposal, Microwave, Gas Oven, Range Hood, Refrigerator, Water Heater
Semi-Annual Taxes
$3,601
Garage
Yes
Garage Parking
Guest Street Parking
Region
Center
Areas
Utility Room
Eating Areas
Dining Combo/Family Room

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of F.C. Tucker Company.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative