8516 Palo Verde Terrace, Indianapolis, IN 46227

$80,000
3
BD
2
BA
1,544
SqFt

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List Price
$80,000
Mandatory Fee
$296
Mandatory Fee Paid
Monthly
MLS#
22119880
Property Type
Residential
Ownership
Mandatory Fee
Bedrooms
3
Bathrooms
2
Sqft. of Residence
1,544
Year Built
1978
Days on Market
29
Status
PENDING - CONTINUE TO SHOW

Property Description

Welcome to 8516 Palo Verde Terrace! If you've been looking for a spacious condo with a comfortable layout, great everyday functionality, and the opportunity to personalize your space, this one is worth a look. Step inside to a generous living room filled with natural light, where a beautiful brick fireplace creates a warm and inviting focal point. There's plenty of room for comfortable seating, entertaining, and everyday living, while the sliding glass doors lead to your outdoor patio/balcony-an ideal spot for morning coffee, relaxing, or enjoying some fresh air. The functional kitchen features a convenient breakfast area and comes with all appliances included, including the refrigerator, microwave/hood, and electric oven/range. The washer and dryer are also included with the sale, and the home features a newer water heater for added peace of mind. With three bedrooms and two full baths, there's room for everyone and flexibility for a home office, guest room, hobby space, or whatever fits your lifestyle. The home's neutral foundation and generous rooms give you the opportunity to bring your own style and make thoughtful cosmetic updates over time. And here's where condo living really shines: the HOA handles grounds keeping and snow removal, giving you more time to enjoy your home and less time worrying about exterior maintenance. Located on the south side of Indianapolis, 8516 Palo Verde Terrace puts you conveniently close to shopping, dining, entertainment, everyday conveniences, and major roadways.

Additional Information

Style
Walk Up
Floor
2
Condo Location
Building Private Entry, Upper Level
Foundation
Slab
Number of Fireplaces
1
Fireplace Description
Family Room, Wood Burning
Stories
One
Architecture
Traditional
Interior
Paddle Fan, Eat-in Kitchen, Pantry, Smart Thermostat, Walk-In Closet(s)
Exterior Amenities
Balcony
Heat
Electric, Forced Air
Cooling
Central Air
Financing
Conventional
Appliances
Dishwasher, Dryer, Electric Water Heater, Disposal, MicroHood, Electric Oven, Refrigerator, Washer
Mandatory Fee Includes
Maintenance Grounds, Maintenance, Management, Snow Removal
Semi-Annual Taxes
$679
Garage
Yes
Garage Parking
Common Lot
Region
Perry
Areas
Laundry in Unit
Eating Areas
Dining Combo/Kitchen

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Weichert REALTORS® Cooper Group Indy.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative