NOT LISTED FOR SALE

116 Wallace Ave Indianapolis, IN 46201

Near Eastside Neighborhood

Estimated Value: $142,000 - $179,000

2 Beds
1 Bath
2,157 Sq Ft
$75/Sq Ft Est. Value

Last Sold July 12, 2016

Last sale price $65,000 $30 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $951/month

32 Days on Market

Highlights

  • Arts and Crafts Architecture
  • Forced Air Heating and Cooling System
  • Garage
  • 1-Story Property
  • Water Softener is Owned

About This Home

As of July 2016

Charming and updated bungalow in Bosart-Brown. You’ll love the character of gleaming hardwood floors & crystal doorknobs paired with the modern amenities of an updated bathroom & nicely sized kitchen. Fantastic built-in dining buffet with original woodwork & leaded glass. Enjoy fresh spring breezes from your porch swing or enjoy the back deck & well manicured lawn. Oversized 1-car garage for parking & storage, plus an additional parking pad. Minutes from Irvington, Fountain Square
& Downtown!

Last Agent to Sell the Property

Kelly Lavengood

Good Living Indy, LLC License #RB14046256 Listed on: 05/04/2016

Last Buyer's Agent

Karen Welch

F.C. Tucker Company

F.C. Tucker Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,222

Year Built

  • Built in 1921

Lot Details

  • 6,534 Sq Ft Lot

Parking

  • Garage

Home Design

  • Arts and Crafts Architecture
  • Bungalow
  • Block Foundation
  • Stucco

Interior Spaces

  • 2,157 Sq Ft Home
  • 1-Story Property
  • Non-Functioning Fireplace
  • Living Room with Fireplace
  • Unfinished Basement
  • Sump Pump
  • Permanent Attic Stairs
  • Electric Oven

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater
  • Water Softener is Owned

Community Details

  • Bosart Heirs Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491004137038000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,222

Year Built

Built in 1921

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Arts & Crafts / Craftsman, Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2015
  • Year Built: 1921
  • Garage Y N: Yes
  • Lot Size Acres: 0.15
  • Subdivision Name: BOSART HEIRS ADD
  • Inspection Warranties: Not Applicable
  • Property Description: Charming and updated bungalow in Bosart-Brown. You’ll love the character of gleaming hardwood floors & crystal doorknobs paired with the modern amenities of an updated bathroom & nicely sized kitchen. Fantastic built-in dining buffet with original woodwork & leaded glass. Enjoy fresh spring breezes from your porch swing or enjoy the back deck & well manicured lawn. Oversized 1-car garage for parking & storage, plus an additional parking pad. Minutes from Irvington, Fountain Square & Downtown!
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: Dryer, Electric Oven, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Non Functional
  • Fireplaces: 1
  • Interior Amenities: Attic Stairway
  • Living Area: 2157
  • Other Equipment: Sump Pump, Water-Softener Owned
  • Room Count: 6
  • Areas Interior: Laundry in Basement,Bedroom Other on Main
  • Eating Area: Breakfast Room,Formal Dining Room,Kitchen Updated,Pantry
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1083
  • Main Level Sq Ft: 1083
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Bedroom, Split
  • Total Sq Ft: 2157
  • Below Grade Sq Ft: 1074
  • Upper Level Sq Ft: 0
  • Pct Optional Level Finished: 0-25%
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Stucco
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • Association Maintained Building Exterior: 0
  • Porch: Deck Main Level,Covered Porch

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 1 Car Detached
  • Garage Parking Other: Rear Load Garage,Service Door

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Available,Gas Connected,High Speed Internet Avail
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491004137038000101
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Street Lights
  • Lot Number: 18
  • Lot Size: 40x170

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1222
  • Semi Annual Property Tax Amt: 611
  • Tax Exemption: OtherTaxExemption/See Remarks

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2021
Sold by
Lockwood Benjamin and Vonewegen Sarah L
Bought by
Vonewegen Sarah
Current Estimated Value
$160,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Interest Rate
2.93%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 4, 2016
Closed on
Jul 12, 2016
Sold by
Lewis Terry W and Lewis Cheryl R
Bought by
Lockwood Benjamin R and Vonewegen Sarah L
Seller's Agent
Kelly Lavengood
Good Living Indy, LLC
Buyer's Agent
Karen Welch
F.C. Tucker Company
List Price
$70,000
Sold Price
$65,000
Premium/Discount to List
-$5,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.80%
Original Mortgage
$52,000
Interest Rate
3.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 25, 2006
Sold by
Walters Amy K
Bought by
Lewis Terry W and Lewis Cheryl R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
6.66%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Vonewegen Sarah -- None Listed On Document
Lockwood Benjamin R -- None Available
Lewis Terry W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vonewegen Sarah $49,000
Previous Owner Lockwood Benjamin R $52,000
Previous Owner Lewis Terry W $10,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2016 07/12/16 Sold $65,000 -7.1% $30 / Sq Ft
06/06/2016 06/06/16 Pending -- -- --
05/04/2016 05/04/16 For Sale $70,000 -- $32 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,366 $129,800 $23,800 $106,000
2024 $1,459 $127,800 $23,800 $104,000
2023 $1,459 $130,900 $23,800 $107,100
2022 $1,580 $132,500 $23,800 $108,700
2021 $1,297 $112,800 $23,800 $89,000
2020 $907 $92,500 $7,000 $85,500
2019 $693 $80,800 $7,000 $73,800
2018 $564 $71,100 $7,000 $64,100
2017 $479 $67,500 $7,000 $60,500
2016 $421 $60,700 $7,000 $53,700
2014 $1,222 $56,400 $7,000 $49,400
2013 $1,095 $52,500 $7,000 $45,500
Source: Public Records

Agents Affiliated with this Home

  • Kelly Lavengood

    Seller's Agent in 2016

    Kelly Lavengood

    Good Living Indy, LLC

    (317) 517-0980

    120 Total Sales

    Kelly Lavengood
    Section Image

  • K

    Buyer's Agent in 2016

    Karen Welch

    F.C. Tucker Company

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21415446

MIBOR Broker Listing Cooperative®

APN: 49-10-04-137-038.000-101

Indiana Marion County Indianapolis 46201 Near Eastside

116 Wallace Ave, Indianapolis, IN

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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