Sounds like a pretty decent buy - better than no brakes. Lots of ceramic pads look like organic pads visually, most ceramic pads are composites - mixed in with other stuff, so no worries there.
Timing chain has no set replacement interval - depends on the car and how it was driven. Some people have run over 200K miles on their 1ZZ-FE engines, chain was still intact. My 2002 has over 150K miles, but I'm not worried about the chain letting go on me - and I tend to "drive" the car, no babying it at all. As long as you have kept up on the maintenance and checked the oil levels frequently, should have no issues with the chain. Though if you want to be thorough - you can check to see if the chain has stretched past spec's.
Cost will vary from area to area - but count on spending a few hundred dollars to have this checked out. Non-trivial repair for a DIYer, unless you've had some prior experience or feel really comfortable ripping into an engine and have the necessary tools. Tuneups are generally above and beyond something of this nature - sort of like a timing belt replacement, no tuneup included.
Tune-up on the 8th gen Corolla is pretty limited, made that way to reduce the number of items that people have to repair or replace. Drawback is that tends to make the parts more expensive, since they are designed to hold up better. Typically tune up items include the following (copy and pasted from the Toyota factory maintenance schedule, with some additional info):
- Replace engine oil and oil filter
- Replace engine air filter
- Replace engine coolant (stick with the same stuff they put in)
- Replace spark plugs (if you haven't already, stick with iridium plugs for best performance/life)
- Rotate tires
- Replace automatic transmission fluid or manual transmission oil
- Flush brake lines and replace brake fluid (every two years for best performance)
- Replace powersteering fluid (can be done over several fluid exchanges, shoot for every other year)
- If a model year 2000 and up, inspect and clean the MAF/IAT sensor (in the airbox)
- Inspect and clean the throttle body (should be done every 30K miles or sooner)
Check for obvious signs of damage to hoses, wiring, any leaks, etc. Places to concentrate an inspection on:
- Ball joints and dust covers
- Brake lines and hoses
- Brake linings/drums and brake pads/discs
- Drive belts (serpentine belt)
- Drive shaft boots (CV joints)
- Engine valve clearance (audible check first)
- Exhaust pipes and mountings
- Induction system (intake system)
- Fuel lines and connections, fuel tank band and fuel tank vapor vent system hoses
- Fuel tank cap gasket (rubber o-ring, just replace if questionable)
- Steering gear box / steering linkage and boots
- Electrical overlook (check all lighting, bulbs, etc.)