8909 Terrace Ave
Indianapolis, IN 46234
3 bd 1 ba 1,023 sqft Built 1940 Lot 15,246 sqft single_family
Most recent sale
$175,000
Jul 5, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 9, 2025 | Listing removed | $220,000 | MIBOR |
| Jul 5, 2022 | Sold | $175,000 | Public Record |
| Jun 17, 2022 | Sold | $175,000 | MIBOR |
| May 10, 2022 | Listed | $160,000 | MLS #21853943 |
| Apr 15, 2021 | Listed for rent | $1,160 | ShowMojo |
| Apr 9, 2021 | Listed for rent | $1,160 | ShowMojo |
| Jan 11, 2019 | Sold | $102,500 | Public Record |
| Oct 27, 2018 | Listing removed | $1,000 | TenantTurner |
| Oct 19, 2018 | Listed for rent | $1,000 | TenantTurner |
| Sep 14, 2018 | Sold | $90,000 | Public Record |
| Sep 12, 2018 | Sold | $90,000 | MIBOR |
| Aug 4, 2018 | Listed | $99,900 | MLS #21586314 |
| Sep 6, 2006 | Sold | $86,782 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $121,100 | $19,700 | $140,800 | $1,593 |
| 2024 | $105,200 | $19,700 | $124,900 | $1,545 |
| 2023 | $105,300 | $19,700 | $125,000 | $1,592 |
| 2022 | $74,000 | $19,700 | $93,700 | $1,215 |
| 2021 | $74,000 | $19,700 | $93,700 | $2,672 |
| 2020 | $59,800 | $19,700 | $79,500 | $2,283 |
| 2019 | $62,900 | $19,700 | $82,600 | $2,365 |
| 2018 | $57,000 | $19,700 | $76,700 | $110 |
| 2017 | $51,000 | $19,700 | $70,700 | $107 |
| 2016 | $42,600 | $19,700 | $62,300 | $104 |
| 2008 | $39,800 | $19,700 | $59,500 | $546 |
| 2006 | $40,400 | $19,700 | $60,100 | $510 |
Property facts
Year built
1940
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,023 sqft
Lot size
15,246 sqft
ZIP code
46234
City
Indianapolis
Street
Terrace Ave
Coordinates
39.81291, -86.32042
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,535
Gross rental yield
10.53%
Implied cap rate
6.84%
Trend-extrapolated value
—
Frequently asked questions
When did 8909 Terrace Ave last sell?
8909 Terrace Ave most recently sold on Jul 5, 2022 for $175,000.
What is the current tax assessment for 8909 Terrace Ave?
The most recent total assessment for 8909 Terrace Ave (year 2025) is $140,800 with $1,593 in property tax.
How does 8909 Terrace Ave's assessment compare to its last sale price?
The current assessment is 19.5% below the last sale price of $175,000.
When was 8909 Terrace Ave built?
8909 Terrace Ave was built in 1940.
How does 8909 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 8909 Terrace Ave?
8909 Terrace Ave is a 3 bed, 1 bath, 1,023 sqft, 15,246 sqft lot single_family.
Is 8909 Terrace Ave a flip candidate?
No — 8909 Terrace Ave does not appear in our flips dataset.
Is 8909 Terrace Ave a tax-appeal candidate?
No — 8909 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
-0.2%
Implied 1-yr
-0.6%
2026 Q3
$315.5K
2026 Q4
$315K
ZIP 46234 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Terrace Ave