
1406 Terrace Ave Indianapolis, IN 46203
Fountain Square NeighborhoodEstimated payment $437/month
About This Lot
Don't miss this rare opportunity to own a corner lot at 1406 Terrace Avenue in the heart of Fountain Square, one of Indy's most vibrant and rapidly growing neighborhoods! The lot measures approximately 0.06 acres, offering a manageable and versatile footprint for new construction. Zoned D5 residential. Located just minutes from downtown, this property provides endless potential for your dream home or investment. Enjoy walkability to the heart of Fountain Square popular restaurants, coffee shops, art galleries, and nightlife. Whether you're a builder, investor, or future homeowner, this is a blank canvas in an unbeatable location!
Listing Agent
CENTURY 21 Scheetz Brokerage Email: bcardenas@c21scheetz.com License #RB19000973

Property Details
Property Type
- Land
Est. Annual Taxes
- $898
Year Built
- 1915
Lot Details
- 2,439 Sq Ft Lot
Schools
- Arsenal Technical High School
Community Details
- Hubbard Etal Southeast Add Subdivision
Listing and Financial Details
- Tax Block 10
- Assessor Parcel Number 491018105009000101
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $866 | $114,300 | $38,100 | $76,200 |
2023 | $866 | $119,200 | $38,100 | $81,100 |
2022 | $967 | $116,400 | $38,100 | $78,300 |
2021 | $1,194 | $104,000 | $38,100 | $65,900 |
2020 | $1,050 | $96,700 | $38,100 | $58,600 |
2019 | $589 | $65,600 | $3,800 | $61,800 |
2018 | $556 | $59,900 | $3,800 | $56,100 |
2017 | $467 | $56,100 | $3,800 | $52,300 |
2016 | $418 | $52,200 | $3,800 | $48,400 |
2014 | $361 | $47,600 | $3,800 | $43,800 |
2013 | $287 | $37,900 | $3,800 | $34,100 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
04/24/2025 04/24/25 | For Sale | $65,000 | -40.9% | -- |
11/22/2024 11/22/24 | Sold | $110,000 | -14.7% | $119 / Sq Ft |
10/17/2024 10/17/24 | Pending | -- | -- | -- |
10/14/2024 10/14/24 | For Sale | $129,000 | 0.0% | $139 / Sq Ft |
10/10/2024 10/10/24 | Pending | -- | -- | -- |
10/07/2024 10/07/24 | Price Changed | $129,000 | -10.4% | $139 / Sq Ft |
09/27/2024 09/27/24 | For Sale | $144,000 | -- | $156 / Sq Ft |
Deed History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Personal Reps Deed | $115,000 | None Listed On Document |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Closed | $20,700 | No Value Available | |
Open | $163,437 | Construction |
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