358 Terrace Ave
Indianapolis, IN 46225
3 bd 3 ba 2,250 sqft Built 1890 Lot 3,485 sqft single_family
Most recent sale
$481,250
May 13, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 2, 2025 | Sold | $390,000 | MIBOR |
| Jun 26, 2025 | Price changed | $384,900 | MIBOR |
| May 29, 2025 | Price changed | $385,000 | MIBOR |
| May 5, 2025 | Price changed | $399,000 | MIBOR |
| Apr 18, 2025 | Price changed | $410,000 | MIBOR |
| Apr 4, 2025 | Listed | $415,000 | MIBOR |
| May 13, 2022 | Sold | $481,250 | Public Record |
| May 6, 2022 | Sold | $385,000 | MIBOR |
| Apr 1, 2022 | Listed | $365,000 | MLS #21846412 |
| Jan 5, 2022 | Sold | $170,000 | Public Record |
| Dec 16, 2021 | Sold | $170,000 | MIBOR |
| Oct 5, 2021 | Listed | $139,900 | MLS #21817307 |
| Oct 18, 2018 | Listing removed | $99,000 | MIBOR |
| Oct 17, 2018 | Sold | $314,062 | Public Record |
| Oct 5, 2018 | Sold | $90,000 | MIBOR |
| Sep 13, 2018 | Relisted | $99,000 | MLS #21584497 |
| Aug 28, 2018 | Listing removed | $99,000 | MIBOR |
| Aug 25, 2018 | Price changed | $99,000 | MLS #21584497 |
| Aug 16, 2018 | Price changed | $109,999 | MLS #21584497 |
| Jul 27, 2018 | Listed | $129,999 | MLS #21584497 |
| Feb 7, 2018 | Sold | $148,750 | Public Record |
| Feb 6, 2018 | Sold | $90,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $342,000 | $22,700 | $364,700 | $4,147 |
| 2024 | $328,300 | $22,700 | $351,000 | $4,305 |
| 2023 | $283,700 | $22,700 | $306,400 | $3,728 |
| 2022 | $63,600 | $22,700 | $86,300 | $3,548 |
| 2021 | $63,600 | $22,700 | $86,300 | $2,075 |
| 2020 | $63,100 | $22,700 | $85,800 | $2,069 |
| 2019 | $62,300 | $3,900 | $66,200 | $1,643 |
| 2018 | $54,300 | $3,900 | $58,200 | $903 |
| 2017 | $45,300 | $3,900 | $49,200 | $337 |
| 2016 | $45,300 | $3,900 | $49,200 | $321 |
| 2015 | $42,100 | $3,900 | $46,000 | $261 |
| 2014 | $39,600 | $3,900 | $43,500 | $233 |
| 2013 | $38,700 | $3,900 | $42,600 | $228 |
| 2012 | $40,900 | $3,900 | $44,800 | $278 |
| 2011 | $40,300 | $6,600 | $46,900 | $275 |
| 2010 | $40,300 | $6,600 | $46,900 | $247 |
| 2008 | $45,400 | $6,600 | $52,000 | $332 |
| 2006 | $57,600 | $6,600 | $64,200 | $351 |
Property facts
Year built
1890
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,250 sqft
Lot size
3,485 sqft
ZIP code
46225
City
Indianapolis
Street
Terrace Ave
Coordinates
39.74842, -86.15134
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,375
Gross rental yield
8.42%
Implied cap rate
5.47%
Trend-extrapolated value
—
Frequently asked questions
When did 358 Terrace Ave last sell?
358 Terrace Ave most recently sold on May 13, 2022 for $481,250.
What is the current tax assessment for 358 Terrace Ave?
The most recent total assessment for 358 Terrace Ave (year 2025) is $364,700 with $4,147 in property tax.
How does 358 Terrace Ave's assessment compare to its last sale price?
The current assessment is 24.2% below the last sale price of $481,250.
When was 358 Terrace Ave built?
358 Terrace Ave was built in 1890.
How does 358 Terrace Ave compare to others on Terrace Ave?
We track 8 other properties on Terrace Ave. Browse the list under "Other properties on Terrace Ave" to compare beds, baths, and sale history.
What are the property facts for 358 Terrace Ave?
358 Terrace Ave is a 3 bed, 3 bath, 2,250 sqft, 3,485 sqft lot single_family.
Is 358 Terrace Ave a flip candidate?
Yes — 358 Terrace Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 358 Terrace Ave a tax-appeal candidate?
No — 358 Terrace Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.7%
Implied 1-yr
+2.9%
2026 Q3
$297.4K
2026 Q4
$299.4K
ZIP 46225 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Terrace Ave