NOT LISTED FOR SALE

1408 Wallace Ave Indianapolis, IN 46201

Near Eastside Neighborhood

Estimated Value: $170,000 - $206,000

3 Beds
1 Bath
1,776 Sq Ft
$105/Sq Ft Est. Value

Last Sold February 10, 2021

Last sale price $150,000 $84 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,239/month

18 Days on Market

Highlights

  • Updated Kitchen
  • Formal Dining Room
  • Woodwork
  • Ranch Style House
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of February 2021

Welcome to the Little Flower Subdivision. This remodeled three bedroom home has a split floor plan is ready for immediate occupancy. The kitchen has new stainless steel appliances. New carpeting and flooring throughout the entire home and has been painted with neutral colors. All it is waiting for is your finishing touches. Outside you can sit on your covered front porch or sit out on your new large back deck. The back yard is fenced and contains a two car attached garage. There is plenty of storage in the garage or in the unfinished basement. Just a short distance to schools shopping and I-70 will connect you to all points north, south, east, and west. A true gem that will not last long. Very easy to show.

Last Agent to Sell the Property

Cindy Stockhaus

Better Homes and Gardens Real Estate Gold Key License #RB14040140 Listed on: 12/23/2020

Better Homes and Gardens Real Estate Gold Key

Co-Listed By

Michael Stockhaus

Better Homes and Gardens Real Estate Gold Key License #RB14042074

Last Buyer's Agent

Teresa Heffernan

ReVISION Realty & Renovation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $808

Year Built

  • Built in 1942

Lot Details

  • 6,098 Sq Ft Lot
  • Back Yard Fenced

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,776 Sq Ft Home
  • Woodwork
  • Vinyl Clad Windows
  • Formal Dining Room
  • Attic Access Panel

Kitchen

  • Updated Kitchen
  • Electric Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Partial Basement
  • Laundry in Basement

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Rosalia Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490733147048000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$808

Year Built

Built in 1942

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch, TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1942
  • Co List Office Phone: 317-888-3303
  • Garage Y N: Yes
  • Lot Size Acres: 0.14
  • Subdivision Name: ROSALIA PLACE
  • Inspection Warranties: Not Applicable
  • Property Description: Welcome to the Little Flower Subdivision. This remodeled three bedroom home has a split floor plan is ready for immediate occupancy. The kitchen has new stainless steel appliances. New carpeting and flooring throughout the entire home and has been painted with neutral colors. All it is waiting for is your finishing touches. Outside you can sit on your covered front porch or sit out on your new large back deck. The back yard is fenced and contains a two car attached garage. There is plenty of storage in the garage or in the unfinished basement. Just a short distance to schools shopping and I-70 will connect you to all points north, south, east, and west. A true gem that will not last long. Very easy to show.
  • Transaction Type: Sale
  • Website: https://www.callcarpenter.com/real-estate/1408-wallace-avenue-indianapolis-in-46201/21758171/103756283
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Partial, Unfinished
  • Appliances: Dishwasher, Electric Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Attic Access, Windows Vinyl, Wood Work Painted
  • Living Area: 1776
  • Other Equipment: Not Applicable
  • Room Count: 6
  • Areas Interior: Laundry in Basement
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1032
  • Main Level Sq Ft: 1032
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1776
  • Kitchen Features: Kitchen Some Updates
  • Below Grade Sq Ft: 744
  • Pct Optional Level Finished: 0-25%

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Asphalt, Fence Full Rear
  • Foundation Details: Block
  • Association Maintained Building Exterior: 0
  • Porch: Deck Main Level,Covered Patio

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Detached
  • Garage Parking Other: Storage Area

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Utility Options: Cable Available,Gas Connected,High Speed Internet Avail
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490733147048000101
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Suburban,Trees Small
  • Lot Number: 48
  • Lot Size: 6,098

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 808
  • Semi Annual Property Tax Amt: 404
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2020
Closed on
Feb 12, 2021
Sold by
Shers Of Indiana Inc
Bought by
Elam Sarah L
Seller's Agent
Cindy Stockhaus
Better Homes and Gardens Real Estate Gold Key
Buyer's Agent
Teresa Heffernan
ReVISION Realty & Renovation
List Price
$149,000
Sold Price
$150,000
Premium/Discount to List
$1,000
0.67%
Current Estimated Value
$186,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,574
Avg. Annual Appreciation
4.64%
Original Mortgage
$120,000
Outstanding Balance
$107,234
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$79,340

Purchase Details

Listed on
Dec 23, 2020
Closed on
Feb 10, 2021
Sold by
Shers Of Indiana Inc
Bought by
Elam Sarah L
Seller's Agent
Cindy Stockhaus
Better Homes and Gardens Real Estate Gold Key
Buyer's Agent
Teresa Heffernan
ReVISION Realty & Renovation
List Price
$149,000
Sold Price
$150,000
Premium/Discount to List
$1,000
0.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Outstanding Balance
$107,234
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$79,340

Purchase Details

Closed on
Oct 14, 2020
Sold by
Gutzmer Kevin E and Gutzmer Patricia A
Bought by
Shers Of Indiana Inc

Purchase Details

Closed on
Oct 1, 2020
Sold by
Gutzmer Kevin E and Gutzmer Patricia A
Bought by
Shers Of Indiana Inc
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
Elam Sarah L -- Security Title
Elam Sarah L -- Security Title
Shers Of Indiana Inc -- Best Title Services
Shers Of Indiana Inc $68,000 Best Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elam Sarah L $120,000
Closed Elam Sarah L $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2021 02/10/21 Sold $150,000 +0.7% $84 / Sq Ft
01/11/2021 01/11/21 Pending -- -- --
12/23/2020 12/23/20 For Sale $149,000 -- $84 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

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
2024 $3,083 $121,100 $24,800 $96,300
2023 $3,083 $125,500 $24,800 $100,700
2022 $2,980 $121,800 $24,800 $97,000
2021 $2,704 $112,800 $24,800 $88,000
2020 $1,059 $100,600 $13,800 $86,800
2019 $904 $91,800 $13,800 $78,000
2018 $689 $79,800 $13,800 $66,000
2017 $527 $74,500 $13,800 $60,700
2016 $492 $73,000 $13,800 $59,200
2014 $453 $73,600 $13,800 $59,800
2013 $551 $73,600 $13,800 $59,800
Source: Public Records

Agents Affiliated with this Home

  • Cindy Stockhaus

    Seller's Agent in 2021

    Cindy Stockhaus

    Better Homes and Gardens Real Estate Gold Key

    (317) 517-8407

    5 in this area

    224 Total Sales

    Cindy Stockhaus
    Section Image

  • M

    Seller Co-Listing Agent in 2021

    Michael Stockhaus

    Better Homes and Gardens Real Estate Gold Key

    (317) 349-5900

    5 in this area

    148 Total Sales

    Michael Stockhaus
    Section Image

  • T

    Buyer's Agent in 2021

    Teresa Heffernan

    ReVISION Realty & Renovation

    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21758171

MIBOR Broker Listing Cooperative®

APN: 49-07-33-147-048.000-101

Indiana Marion County Indianapolis 46201 Near Eastside

1408 Wallace Ave, Indianapolis, IN

Not Listed for Sale

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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.

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