• Primary Photo - 718 Terrace Ave
  • Building Photo - 718 Terrace Ave
    Building Photo - 718 Terrace Ave
  • Building Photo - 718 Terrace Ave
    Building Photo - 718 Terrace Ave
$2,695 / Month

718 Terrace Ave

,

Indianapolis, IN 46203

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718 Terrace Ave
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Beds Baths Average SF
3 Bedrooms 3 Bedrooms 3 Br 3.5 Baths 3.5 Baths 3.5 Ba 2,425 SF

About This Property

**$500 off the first month's rent** Welcome to this stunning 3 bedroom home located in the sought-after Bates Hendricks neighborhood, minutes away from shops, restaurants and highways. As you step inside, you'll be captivated by the fresh paint and the great open floor plan, gorgeous laminate flooring, and the inviting ambiance created by the beautiful gas fireplace. The kitchen features stainless steel appliances, ample counter space, and recent updates such as a pot filler over the stove. This home offers brand new washer and dryer included, along with built-in shelving in the laundry room. The main room offers a walk-in closet, providing ample storage for your wardrobe and personal belongings. Step outside to the stunning second-floor balcony, where you can relax and entertain guests in style. 2-car garage. Alarm system available for activation. Note: In addition to the monthly rent, residents will pay $45 each month for a Resident Benefits Package. Details can be found here: 3D TOUR

718 Terrace Ave is a house located in Marion County and the 46203 ZIP Code. This area is served by the Indianapolis Public Schools attendance zone.

Location
718 Terrace Ave, Indianapolis,
IN 46203
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Edit Commute

Under 30 minutes

Commute Time is calculated at rush hour.
Neighborhood

The oldest house in Marion County is the Bates-Hendricks House. The Federal-style, brick home was built around 1820 by Richard Keene. In 1851, the home's new owner, Hervey Bates, decided to add on. His addition was built in the Italianate style, complete with a 60-foot tower, giving the home a unique and distinctive look. The home, listed on the National Register of Historic Places, is such a major landmark that the neighborhood surrounding it is named for the home.

The Bates-Hendricks neighborhood is award-winning and bicycle-friendly. It is located within biking distance to downtown, with I-70 to the north and I-65 to the east. The neighborhood is home to several parks, including Hendricks Park and Send Triangle Greenspace. Because it is directly south of downtown, residents enjoy fast access to Lucas Oil Stadium, the Indiana Convention Center, Bankers Life Fieldhouse, and the Indianapolis City Market.

Learn more about living in Bates-Hendricks 

Below are rent ranges for similar nearby apartments

Beds Average Size Lowest Typical Premium
Studio Studio Studio 600 Sq Ft $774 — —
1 Bed 1 Bed 1 Bed 627 Sq Ft $649 $927 $1,650
2 Beds 2 Beds 2 Beds 1090-1092 Sq Ft $1,099 $1,479 $2,200
3 Beds 3 Beds 3 Beds 1706 Sq Ft $995 $2,343 $6,434
4 Beds 4 Beds 4 Beds 2097 Sq Ft $2,300 $3,128 $4,661
Education
Colleges & Universities Distance
Colleges & Universities Distance
IU - Indianapolis
Drive: 8 min 3.4 mi
IU - School of Medicine
Drive: 9 min 3.6 mi
University of Indianapolis
Drive: 8 min 4.0 mi
Ivy Tech Community College
Drive: 10 min 4.9 mi
718 Terrace Ave is within 8 minutes or 3.4 miles from IU - Indianapolis. It is also near University of Indianapolis and IU - School of Medicine.
Schools
Eleanor Skillen Elementary School 34
Public Elementary School
Grades PK-5
293 Students
Nearby
Center for Inquiry School 2
Public Elementary & Middle School
Grades K-8
444 Students
Attendance Zone
James A. Garfield School 31
Public Elementary & Middle School
Grades PK-8
253 Students
Attendance Zone
Arsenal Technical High School
Public High School
Grades 9-12
2,366 Students
Attendance Zone
Grades 9-12
1,188 Students
Attendance Zone
Emmerich Manual High School
Public High School
Grades 9-12
734 Students
Nearby
Central Christian Academy
Private Elementary, Middle & High School
Grades PK-12
201 Students
Nearby
Lumen Christi Catholic School
Private Elementary, Middle & High School
Grades K-12
Nearby
Emmaus Lutheran School
Private Elementary & Middle School
Grades PK-8
77 Students
Nearby
School data provided by The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.

View GreatSchools Rating Methodology

Data provided by GreatSchools.org © 2026. All rights reserved.
Transportation

718 Terrace Ave is near Indianapolis International, located 13.5 miles or 25 minutes away.

Commuter Rail Distance
Commuter Rail Distance
Indianapolis
Drive: 3 min 1.6 mi
Airports Distance
Airports Distance
Indianapolis International
 Drive: 25 min 13.5 mi

Walkability Near 718 Terrace Ave Indianapolis, IN 46203

Getting Around
Fairly Walkable
Walkability
50 / 100
Limited Public Transit
Transit
30 / 100
Exceptionally Drivable
Drivability
90 / 100
Fairly Bikeable
Bikeability
50 / 100

Scores provided by

What do Walkability, Transit, Drivability, and Bikeability mean? Walkability measures the walking distance to day-to-day needs. Transit measures access to public transportation. Drivability measures congestion, parking availability, and access to major roads. Bikeability measures the suitability for cycling. How It Works
-
Soundscore™
- / 100

Traffic

-

Airport

-

Businesses

-

Scores provided by

HowLoud What is a Sound Score Rating? A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources. How It Works
Points of Interest

Time and distance from 718 Terrace Ave.

Shopping Centers Distance
Shopping Centers Distance
CityWay
Drive: 3 min 1.4 mi
Circle Centre
Drive: 4 min 1.9 mi
Twin Aire Shopping Center
Drive: 6 min 2.8 mi
718 Terrace Ave has 3 shopping centers within 2.8 miles, which is about a 6-minute drive. The miles and minutes will be for the farthest away property.
Parks and Recreation Distance
Parks and Recreation Distance
Garfield Park Conservatory and Sunken Gardens
 Drive: 4 min 1.5 mi
Garfield Park
 Drive: 5 min 1.6 mi
University Park
 Drive: 5 min 2.3 mi
Indiana State Museum
 Drive: 5 min 2.5 mi
Bethel Park
 Drive: 6 min 2.7 mi
718 Terrace Ave has 5 parks within 2.7 miles, including Garfield Park, Garfield Park Conservatory and Sunken Gardens, and University Park.
Hospitals Distance
Hospitals Distance
Eskenazi Health
Drive: 7 min 3.4 mi
Riley Hospital for Children
Drive: 8 min 3.8 mi
Indiana University Health
Drive: 9 min 4.0 mi
718 Terrace Ave has 3 hospitals within 4.0 miles, the nearest is Eskenazi Health which is 3.4 miles away and a 7 minute drive.

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