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434 Terrace Ave

Indianapolis, IN 46225

2 bd 1 ba 880 sqft Built 1955 Lot 3,311 sqft single_family
Most recent sale
$162,500
Oct 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 6, 2022 Sold $162,500 Public Record
Oct 3, 2022 Sold $125,000 MIBOR
Aug 19, 2022 Listed $129,999 MLS #21877619

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $69,800 $22,700 $92,500 $2,245
2024 $66,200 $22,700 $88,900 $2,180
2023 $63,100 $22,700 $85,800 $2,104
2022 $53,700 $22,700 $76,400 $300
2021 $53,700 $22,700 $76,400 $210
2020 $46,700 $22,700 $69,400 $140
2019 $53,300 $3,900 $57,200 $64
2018 $46,400 $3,900 $50,300 $63
2017 $39,000 $3,900 $42,900 $62
2016 $39,500 $3,900 $43,400 $61
2008 $31,700 $6,600 $38,300 $81
2006 $50,400 $6,600 $57,000 $51

Property facts

Year built
1955
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
880 sqft
Lot size
3,311 sqft
ZIP code
46225
City
Indianapolis
Street
Terrace Ave
Coordinates
39.74844, -86.15015

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,320
Gross rental yield
9.75%
Implied cap rate
6.34%
Trend-extrapolated value

Frequently asked questions

When did 434 Terrace Ave last sell?
434 Terrace Ave most recently sold on Oct 6, 2022 for $162,500.
What is the current tax assessment for 434 Terrace Ave?
The most recent total assessment for 434 Terrace Ave (year 2025) is $92,500 with $2,245 in property tax.
How does 434 Terrace Ave's assessment compare to its last sale price?
The current assessment is 43.1% below the last sale price of $162,500.
When was 434 Terrace Ave built?
434 Terrace Ave was built in 1955.
How does 434 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 434 Terrace Ave?
434 Terrace Ave is a 2 bed, 1 bath, 880 sqft, 3,311 sqft lot single_family.
Is 434 Terrace Ave a flip candidate?
Yes — 434 Terrace Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 434 Terrace Ave a tax-appeal candidate?
No — 434 Terrace Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.7%
Implied 1-yr
+2.9%
2026 Q3
$297.4K
2026 Q4
$299.4K
ZIP 46225 — Median Price History + Forecast

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