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738 Terrace Ave, Indianapolis, IN, 46203

4beds
5baths
2,920sqft
$630,000
$216price/sqft
$4,434/moest. monthly cost
$177,360/yrincome needed

About This Home

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.

Getting Around

55
WalkingSomewhat Walkable
39
TransitSome Transit
79
BikeVery Bikeable

Schools

3/10
4/10
1/10

Construction

Condition

  • Year built: 2023

Materials

  • Foundation: Concrete Perimeter
  • Construction materials: Wood Siding

Other

  • Builder name: Blankenship Custom

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Microwave,Gas Oven,Range Hood,Refrigerator,Water Heater
  • Laundry features: Laundry Closet,Upper Level

Basement

  • Has basement: Yes
  • Basement: Ceiling - 9+ feet,Daylight,Egress Window(s),Finished

Bedroom2

  • Features: Luxury Vinyl Plank
  • Level: Upper
  • Area: 168
  • Dimensions: 12x14

Bedroom3

  • Features: Luxury Vinyl Plank
  • Level: Basement
  • Area: 120
  • Dimensions: 10x12

Bedroom4

  • Features: Luxury Vinyl Plank
  • Level: Upper
  • Area: 120
  • Dimensions: 10x12

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1

Dining Room

  • Features: Luxury Vinyl Plank
  • Level: Main
  • Area: 120
  • Dimensions: 12x10

Family Room

  • Features: Luxury Vinyl Plank
  • Level: Main
  • Area: 252
  • Dimensions: 18x14

Features

  • Double Vanity,Kitchen Island,Pantry,Walk-In Closet(s),Wet Bar
  • Number of fireplaces: 1
  • Fireplace features: Electric,Family Room
  • Fireplace: Yes
  • Finished area below ground: 840

Great Room

  • Features: Luxury Vinyl Plank
  • Level: Basement
  • Area: 300
  • Dimensions: 15x20

Heating & Cooling

  • Heating features: High Efficiency (90%+ AFUE )
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,920
  • Total interior livable area: 2,920 sqft

Kitchen

  • Features: Luxury Vinyl Plank
  • Level: Main
  • Area: 210
  • Dimensions: 14x15

Master Bedroom

  • Features: Luxury Vinyl Plank
  • Level: Upper
  • Area: 208
  • Dimensions: 13x16

Property

Details

  • Parcel number: 491113184081005101
  • Horse amenities: None

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered,Patio

Lot

  • Lot size: 3,484 sqft
  • Features: Sidewalks,Street Lights

Parking

  • Total spaces: 2
  • Parking features: Detached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2