Zumper

440 Terrace Ave
440 Terrace Ave, Indianapolis, IN 46225, USA

Monthly rent-
Beds2–3
Baths2
Sqft871–1,452
modified
Updated 5+ Days Ago

Property Overview

This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.

Things you’ll love

  • Less expensive
  • Central heat
  • Extra Storage

Great for

  • Pet owners

Units

440 Terrace Ave Indianapolis, IN

Occupied Units

Occupied

440

2 Beds

2 Baths

$1,550

Listed by 440 Terrace Avenue - 440
Days on market: 232
Welcome to 440 Terrace Ave in the heart of Bates-Hendricks, one of Indianapolis's most walkable and vibrant neighborhoods. This 2-bedroom, 1-bath home features an open layout that offers flexibility for a variety of room configurations and design styles, making it easy to tailor the space to your lifestyle. The kitchen includes a central island with a convenient breakfast bar, a dishwasher, and flows seamlessly into the living area perfect for everyday living. Enjoy the comfort of central air conditioning and the privacy of a fully fenced backyard, ideal for relaxing, pets, or outdoor gatherings. Located just steps from neighborhood coffee shops, gyms, and local favorites, this home combines modern convenience with an unbeatable location. Reach out to us to set up a showing today! All individuals 18 years and older must submit a separate application. The application fee is $40 per person and is non-refundable. All applicants are also required to complete a third-party pet screening. Pet owners will pay $30 per pet, while households without pets must still complete the screening at no charge. All pets must be approved and, if accepted, will require a $200 non-refundable pet fee per pet and $40/month pet rent per pet. A $5/month credit reporting fee will be added to the rent. This service helps build your credit by reporting on-time rent payments to major credit bureaus a valuable way to strengthen your financial profile while renting.

Occupied

NA

3 Beds

2.5 Baths

$1,320

Listed by Britney Sands
Days on market: 129
Amazing 3 bedroom, 2.5 bathroom house in Saratoga Springs. Amenities included: balcony, central air, central heat, dishwasher, hardwood floors, stainless steel appliance, updated kitchen, updated bathroom, storage, washer dryer, laundry in building, and yard. Utilities included: electricity, gas, and water. Pet friendly. Date Available: Jun 27th 2026. $1,320/month rent. $1,320 security deposit required. This property is managed by a responsible landlord using Avail landlord software.

Amenities for 440 Terrace Ave

Some units at this address have these amenities. View unit details for more information.

Building
  • Dogs Ok
  • Cats Ok
  • On-Site Laundry
  • Controlled Access
  • Outdoor Space
  • Garage Parking
  • Storage
Unit Amenities
  • On-Site Laundry
  • Air Conditioning
  • Central Heat
  • Dishwasher
  • Balcony
  • Assigned Parking
  • In-Unit Laundry
  • Hardwood Floor

Policies at 440 Terrace Ave

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Parking Policy

Garage Parking

Assigned Parking

Dog Policy

Allowed

Cat Policy

Allowed

Contact for more information on pet policy.

About 440 Terrace Ave

HomeHouses in Indianapolis 440 Terrace Ave #440, Indianapolis, IN 46225, USA

Interested in leasing 440 Terrace Ave, Indianapolis, IN 46225, USA? We have detailed property and location information to help you better understand the unit and the neighborhood. Our team is working on gathering photos, amenities, transportation, and local school information in order to help you make your decision on where you want to live. Below, you can compare the rent price at 440 Terrace Ave, Indianapolis, IN 46225, USA vs overall rent prices in Near Southside, IN. We have compiled nearby businesses and things to do close to 440 Terrace Ave, Indianapolis, IN 46225, USA.

Address details

Units2
Units available0
Neighborhood
City
Zip code46225

440 Terrace Ave #440 is great for:

Pet owners

  • Outdoor spaces are available at this property
  • 1 pet hospital in the area

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 440 Terrace Ave, Indianapolis, IN 46225, USA compares to other nearby properties.

Positives

Less expensive
Some rentals at this address are cheaper than similar listings nearby
Central heat
This address offers a climate controlled environment
Extra Storage
In-unit features
Images available
There are at least 10 photos of this address
Laundry available on site
Washers and dryers are available in-building
Outdoor space
One or more rentals here have easy access to the outdoors

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Rent trends in Indianapolis

If you decide to upgrade your space, you can expect 2-bedrooms at 440 Terrace Ave #440 to be 17% more than the average for similarly sized apartments in Near Southside.

Median rents as of Oct 31 2026.
Near Southside
Indianapolis
A table of studio rental data trends in Indianapolis
MonthMedian Rent
November 2024$1,123
December 2024$1,105
January 2025$1,194
February 2025$1,191
March 2025$1,151
April 2025$1,121
May 2025$1,139
June 2025$1,158
July 2025$1,185
August 2025$1,178
September 2025$1,065
October 2025$1,063
November 2025$1,048
December 2025$1,029
January 2026$1,039
February 2026$1,034
March 2026$1,004
April 2026$955
May 2026$951
June 2026$892
July 2026$871
August 2026$888
September 2026$930
October 2026$963
A table of studio rental data trends in Near Southside
MonthMedian Rent
August 2025$1,200
December 2025$885
January 2026$979
February 2026$995
March 2026$998

Rent history

The increase or decrease in monthly rent compared to the previous listing price.
Check out the past listing prices for monthly rent at 440 Terrace Ave, Indianapolis, IN.
5 months ago$1,3203 bed2.5 bath
7 months ago$1,5502 bed2 bath

Schools near 440 Terrace Ave #440

James A. Garfield School No. 31

307 lincoln st

indianapolis, IN, 46225

PK, K-8Public
C

Frederick Douglass School 19

2020 dawson st

indianapolis, IN, 46203

PK, K-8Public
C-

Impact Academy

320 n tibbs ave

indianapolis, IN, 46222

K-12Public
D

Impact Academy 3

320 n tibbs ave

indianapolis, IN, 46222

K-12Public

Impact Academy 2

320 n tibbs ave

indianapolis, IN, 46222

K-12Public
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Neighborhood

Near Southside | Indianapolis, IN

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Indianapolis near 440 Terrace Ave

Walking

6/10
Some shops and stores are within a few minutes.

Driving

8/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

6/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for 440 Terrace Ave, Indianapolis

Groceries

7/10
Wide variety of groceries within a short drive, including some within walking distance

Shopping

5/10
Variety of shops within a short drive

Cafes

7/10
Wide variety of cafés within a short drive, including some within walking distance

Restaurants

8/10
Wide variety of restaurants within a few minutes’ walk

Primary schools

9/10
At least one elementary school within a 10-minute walk

High schools

6/10
At least one high school within a 15-minute walk

Parks

6/10
Large amount of park space nearby

Nightlife

9/10
Wide variety of bars within a few minutes' walk

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