738 Terrace Avenue, Indianapolis, IN 46203

• 4 beds |
• 5 baths |
• 2,920 sqft

Property Description

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.

Listing Status:

Active

Data Last Updated:

June 24, 2026 at 6:20PM

Listing Office:

F.C. Tucker Company : 317-605-5861

Listing Agent:

Tim Sewell : 317-605-5861

MLS ID:

22104558

Interior

• General: Bath Sinks Double MainKitchen IslandPantryWalk-In Closet(s)Wet Bar
• Appliances: DishwasherDisposalMicrowaveGas OvenRange HoodRefrigeratorWater Heater
• Laundry: Laundry ClosetUpper Level
• Basement: Ceiling - 9+ feetDaylightEgress Window(s)Finished
• A/C: Central Air
• Heating: High Efficiency (90%+ AFUE )
• Fireplace: ElectricFamily RoomFireplaces: 1

Exterior

• General: Carriage/Guest House
• Style: Contemporary
• Other Structures: PatioCovered
• Parking: Detached

Construction

• General: TwoConcrete Perimeter

Location

• Originating MLS: mibor
• School District: Indianapolis Public Schools
• County: Marion

Lot

• Zoning: South Park Add L79491113184081005101

Utilities

• Water: Public

Financial

• Source: mibor