Indianapolis, IN 46203,4841 E Terrace AVE
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Indianapolis, IN 46203,4841 E Terrace AVE
Indianapolis, IN 46203,4841 E Terrace AVE
Indianapolis, IN 46203,4841 E Terrace AVE
Indianapolis, IN 46203,4841 E Terrace AVE
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Listed by Sherry Minkis • Sherry Minkis
$ 190,000
Est. payment /mo
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Pending

4841 E Terrace AVE Indianapolis, IN 46203

2 Beds

1 Bath

780 SqFt


UPDATED:

10/22/2024 08:56 PM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Pending

Purchase Type For Sale

Square Footage 780 sqft

Price per Sqft $243

Subdivision Emerson Terrace

MLS Listing ID 21958088

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1947

Tax Year 2023

Lot Size 0.340 Acres

Acres 0.34

Property Description

MOTIVATED SELLER!Unique opportunity to own 3 contiguous lots for either an owner occupant or investor for income production. The 3 lots have a storage building, 2 bedroom/1 bath residential unit/Apartment and a large 2 bay mechanics garage (NOT ZONED COMMERCIAL). The mechanics garage is heated and cooled. There is a bathroom, office and large entry area. Both garage bays have oversized garage doors for servicing larger vehicles. While zoned residentially, the owner successfully worked out of this space for nearly 50 years servicing vehicles. The residential unit has a working kitchen and laundry, large bedroom with door to outside courtyard. There is a large patio connecting the residential unit to the storage building. Storage building currently being leased. Own and occupy all 3 buildings or own and lease all three. The potential for this unique property is vast.

Location

State IN

County Marion

Rooms

Main Level Bedrooms 2

Interior

Interior Features Eat-in Kitchen

Heating Forced Air

Cooling Central Electric

Fireplace N

Appliance Electric Cooktop, Refrigerator

Exterior

Exterior Feature Out Building With Utilities, Storage Shed

Garage Spaces 1.0

Waterfront false

View Y/N false

Parking Type Detached, Gravel, Garage Door Opener, Storage

Building

Story One

Foundation Slab

Water Municipal/City

Architectural Style TraditonalAmerican

Structure Type Wood Siding

New Construction false

Schools

School District Indianapolis Public Schools


MIBOR MLS

Brad Osborne

Broker

+1(317) 258-3651

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4841 E Terrace AVE