🔥Southside 2-Bed Fixer Under $25k! Indianapolis Available

  • $24,990
  • 2 beds
  • 1 baths
  • 720 sqft

>>> CLICK HERE FOR ALL PHOTOS <<<

4631 Terrace Ave, Indianapolis, IN 46203
WALKTHROUGH
MUST TEXT 317-751-2308 FOR ACCESS AND TIME

CASH ASKING PRICE
$ 24,990 CASH OR BEST OFFER

AFTER REPAIR VALUE
$ 125,000
Nice comps in the neighborhood.

RENTAL ESTIMATE
$ 992
Rent-O-Meter 2-Bed Average

PROPERTY DETAILS

  • SFH
  • Proceed with caution! House may not be safe to walk through due to foundation/flooring issues and clutter. Enter at your own risk
  • Bed: 2
  • Bath: 1
  • Sq Ft: 720
  • Lot Size: 13,112 Sq Ft
  • 1-Story Layout
  • Crawl Space Foundation
  • 1953 Construction
  • In between Christian Park and Fountain Square
  • Major renovation needed to save the structure
  • Current Occupancy Vacant
  • Occupancy at Close Vacant at Close
  • Close of Escrow 10/02/26
  • Best Offer Due By TBD
  • Non-Refundable Earnest Money Deposit $ 5,000

 

MARKET ACTIVITY

https://cdn.carrot.com/uploads/sites/55003/2025/04/Property-Map-Example-IBM.png
SUBJECT PROPERTY: 842 W 750 S / 4 Beds / 3 Baths / 2,670 Sqft / 1-Story / Built 1980 / 217,800 Sqft Lot / 2 Attached Gar

 

COMPARABLES / RECENT ACTIVITY

  • SOLD $699,999 – 5866 S 50 W / 3 Beds / 2 Baths / 2,034 Sqft / Built 1992 / 1176,120 Sqft Lot / 2 Attached Gar
    • Subject has Larger Sqft
  • SOLD $575,000 – 1546 W 750 S / 4 Beds / 2 Baths / 2,441 Sqft / Built 1973 / 227,819 Sqft Lot / 2 Attached Gar
  • SOLD $550,000 – 6463 S 125 W / 4 Beds / 3 Baths / 2,324 Sqft / Built 1917 / 217,800 Sqft Lot / 4 Detached Gar
    • Subject has Larger Sqft
  • ACTIVE $510,000 – 6982 S 125 W / 3 Beds / 3 Baths / 2,520 Sqft / Built 1984 / 227,993 Sqft Lot / 2 Detached Gar
  • SOLD $495,000 – 5668 S Nineveh Rd / 4 Beds / 2 Baths / 2,219 Sqft / Built 1991 / 348,480 Sqft Lot / 2 Attached Gar
    • Subject has Larger Sqft

LINK TO COMPS

!! JOIN OUR BUYER LIST: https://www.investbelowmarket.com/ !!

Price:
$24,990
Address:
4631 Terrace Ave
Indianapolis, IN 46203
Square Feet:
720
Lot Size:
13,112
Bedrooms:
2
Bathrooms:
1
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1953

Call 317-751-2308 for more details

Property Location