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Terrace Meadows Homes for Sale

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  • /36

    $327,000

    • 5 Beds
    • 2.5 Baths
    • 3,681 Sq Ft

    3208 Susan Dr, Kokomo, IN 46902

    “Finally... A Home That Actually Lives Up to the Dream” Step inside this custom-built John Smith masterpiece and you’ll feel it instantly. The sense of space, comfort, and peace of mind that every homeowner craves but so few ever find. With nearly 3,700 sq. ft. of living space, you’ll never worry about bumping elbows or running out of storage. Whether you need 4, 5, or even 6 bedrooms, this home

    Chris Beatty The Hardie Group

    3208 Susan Dr, Kokomo, IN 46902
  • /21

    $275,900

    • 4 Beds
    • 2.5 Baths
    • 2,335 Sq Ft

    3613 Candy Ln, Kokomo, IN 46902

    Welcome to this 4 bedroom, 2.5 bath, traditional two story home. Featuring a bright living room, nice sized dining room and cozy family room with a fireplace. Home offers 4 large bedrooms with the primary suite with its own dedicated bath. Kitchen has been renovated in 2018, new flooring through-out the home, new neutral paint with the mechanics of the home being well cared for. Large fenced in

    Missy Jackson RE/MAX Realty One

    3613 Candy Ln, Kokomo, IN 46902
  • /35

    $320,000

    • 4 Beds
    • 2 Baths
    • 2,971 Sq Ft

    4103 Toni Dr, Kokomo, IN 46902

    Meticulously maintained ranch with finished attic, scenic gardens, waterfalls, and more. The living room offers an inviting atmosphere with its striking beamed ceiling and an expansive vaulted ceiling, creating an airy feel, all while a charming fireplace provides a focal point for comfort and relaxation. Culinary aspirations find their home in the thoughtfully designed kitchen, featuring elegant

    Beau Gibson F.C. Tucker Company

    4103 Toni Dr, Kokomo, IN 46902

Why Live in Terrace Meadows

Terrace Meadows is a southeastern Kokomo neighborhood known close to major employers and retail centers. The mostly residential community features a variety of custom-built homes, including mid-century ranch-style properties, split-levels and contemporary houses, as well as single-story brick condos. Terrace Meadows is close to State Road 931, which provides a straightforward 30-mile route to Indianapolis' northern suburbs, as well as easy access to local manufacturers and the hospital. The neighborhood falls within the Taylor school district, with students attending Taylor Elementary, Taylor Middle School, and Taylor High School. Some parts of the neighborhood are zoned for Kokomo schools. Both Kokomo High and Taylor High are known for their strong high school sports culture, particularly basketball. The neighborhood borders the Kokomo American Legion Golf Course and Jackson Morrow Park, the latter of which features trails, a skatepark and the Kirkendall Interpretive Nature Center. Dining and shopping can be found along along State Road 931, with options ranging from chains like Applebee’s to local favorites such as Jack’s Donuts and Half Moon Restaurant and Brewery. The neighborhood experiences significant semi-truck traffic due to its proximity to major manufacturing plant. While the area has a history of tornadoes, the last fatal one occurred in 1965.

Frequently Asked Questions

Is Terrace Meadows a good place to live?
Terrace Meadows is a good place to live. Terrace Meadows is considered car-dependent and somewhat bikeable. Terrace Meadows is a neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Terrace Meadows has 1 park for recreational activities. It is fairly sparse in population with 4.0 people per acre and a median age of 50. The average household income is $81,134 which is below the national average. College graduates make up 20.8% of residents. A majority of residents in Terrace Meadows are home owners, with 24.4% of residents renting and 75.6% of residents owning their home. A local real estate agent serving Terrace Meadows can help you decide if this neighborhood is the right one for you. Learn more on our Terrace Meadows neighborhood guide.
Is Terrace Meadows, IN a safe neighborhood?
Terrace Meadows, IN is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Terrace Meadows?
The median home price in Terrace Meadows is $255,000. If you put a 20% down payment of $51,000 and had a 30-year fixed mortgage with an interest rate of 6.46%, your estimated principal and interest payment would be $1,280 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $55K a year to afford the median home price in Terrace Meadows. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Terrace Meadows is $81K.
What are the best public schools in Terrace Meadows?
The best public schools that serve Terrace Meadows are:
What are the best private schools in Terrace Meadows?
The best private schools that serve Terrace Meadows are:
What are the most popular zip codes in Terrace Meadows, Kokomo, IN?
The most popular zip codes in Terrace Meadows, Kokomo, IN include 46902, 46901, 46068, 46936 and 46979.
What are the most popular neighborhoods near Terrace Meadows, Kokomo, IN?
The most popular neighborhoods near Terrace Meadows, Kokomo, IN are Fairlawn, Wildcat, Downtown Kokomo, Old Silk Stocking and Bon Air.

Home Trends in Terrace Meadows, IN

Housing Trends

Median Sale Price
$232,500
Median Single Family Sale Price
$244,900
Median 2 Bedroom Sale Price
$197,950
Average Price Per Sq Ft
$123
Number of Homes for Sale
3
Last 12 months Home Sales
36
Months of Supply
1.00
Median List Price
$255,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
3%
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