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$867,500
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Property Description
Nestled in one of Middletown's most picturesque areas, this single-story bungalow offers a rare combination of privacy and location. Set on a secluded lot surrounded by mature trees, the home provides a serene retreat while still being just a short walk to Pebble Beach on Indian Avenue. A legal 2 family, this property has endless potential as a year-round residence, vacation home, or investment opportunity. Its peaceful setting and proximity to the coastline make it a unique chance to create your dream home in one of Aquidneck Island's most desirable neighborhoods.
Full Property Details
Full Property Details for 40 Indian Terrace
General
- Sold For: $867,500
- Taxes: $6,993 (2024)
- Status: Closed
- Type: Single Family
- Source: STWMLS
- MLS ID: 1393497
- Added to Site: 142 day(s) ago
Interior
- Number of Rooms: 8
- Interior Features: Skylights, Stall Shower, Tub Shower
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Insert, Masonry, Wood Burning
- Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
- Flooring: Ceramic Tile, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Exterior
- Exterior Features: Patio
- Porch/Patio/Deck: Patio
Parking
- Total Spaces: 6
- Parking Features: No Garage
Location
- County: Newport
- Subdivision: Indian Ave
Heating & Cooling
- Cooling Type: None
- Heating Type: Hot Water, Oil
Utilities
- Sewer: Septic Tank
- Water: Well
- Well: Yes
Structural Information
- Architectural Style: Bungalow
- Detached/Attached: Detached
- Construction: Drywall, Shingle Siding
- Basement Desc.: Crawlspace
- Windows: Skylight(s)
- Stories/Levels: 1
- Building Size: 2032
- Square Feet: 2,032
- Living Area: 2,032 Sq. Ft.
- Finished Total: 2,032 Sq. Ft.
- Finished Above Grnd: 2,032 Sq. Ft.
- Year Built: 1957
Lot Features
- Lot Size (Acres): 0.51
- Lot Size (Sq. Ft.): 22,216
- Lot Size: 22216
- Fencing (Description): Fenced
Water Features
- Water Front Desc.: Walk to Water
Financial Considerations
- Tax Amount: $6,993
- Tax Year: 2024
Disclosures and Reports
- Property ID: 40INDIANTERMDLT
- Lot Number: 40
Listed and Sold by Jamestown Real Estate LLC
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Schools
Schools serving 40 Indian Terrace
School District:Middletown School District
| Name | Grades | Distance |
|---|---|---|
Joseph Gaudet Academy 1113 Aquidneck Avenue, Middletown, RI 02842 | 4- | 2.2 mi |
Aquidneck School 70 Reservoir Road, Middletown, RI 02842 | PK-3 | 2.5 mi |
Joseph H. Gaudet School 1113 Aquidneck Avenue, Middletown, RI 02842 | 5-8 | 2.2 mi |
Middletown High School 130 Valley Road, Middletown, RI 02842 | 9-12 | 2.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 40 Indian Terrace
Date
Details
Price
Change
Source
11/07/2025
Sold
$867,500
-1.14%
MLS
8/26/2025
Listed
$877,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
40 Indian Terrace, Middletown, RI 02842 (MLS# 1393497) is a Single Family property that was sold at $867,500 on November 07, 2025. Want to learn more about 40 Indian Terrace? Do you have questions about finding other Single Family real estate for sale in Middletown? You can browse all Middletown real estate or contact a Coldwell Banker agent to request more information.

