NOT LISTED FOR SALE

25 Wallace Ave Indianapolis, IN 46201

Near Eastside Neighborhood

Estimated Value: $168,000 - $215,197

3 Beds
2 Baths
2,624 Sq Ft
$72/Sq Ft Est. Value

Last Sold June 08, 2018

Last sale price $82,000 $31 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $1,119/month

8 Days on Market

Highlights

  • Arts and Crafts Architecture
  • Thermal Windows
  • Garage
  • Formal Dining Room
  • Forced Air Heating and Cooling System

About This Home

As of June 2018

Located in up and coming Bosart-Brown neighborhood, right by Irvington & only minutes away from dining & entertainment in downtown Indy. Cosmetic updates & personal touches, this will be a terrific home with great space. New roof new paint, updated exterior, new windows, new concrete, electric, garage & main level flooring. Great open front porch, fenced in front & backyards for relaxing. Stroll to nearby Ellenberger Park & just a short hop to the many Irvington shops & restaurants nearby. Bosart-Brown is a burgeoning, eclectic & diverse historic area of mostly Arts & Crafts style architecture with a growing creative class of residents & entrepreneurs.

Last Agent to Sell the Property

Stephen Barnard

Dropped Members License #RB14032375 Listed on: 03/12/2018

Last Buyer's Agent

Stephen Barnard

Dropped Members License #RB14032375 Listed on: 03/12/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $362

Year Built

  • Built in 1913

Lot Details

  • 6,708 Sq Ft Lot

Parking

  • Garage

Home Design

  • Arts and Crafts Architecture
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Thermal Windows
  • Formal Dining Room
  • Basement
  • Basement Lookout
  • Monitored

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

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

Community Details

  • Bosart Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491004131002000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$362

Year Built

Built in 1913

Lot Details

6,708 Sq Ft Lot

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Arts & Crafts / Craftsman, Two Story
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1913
  • Garage Y N: Yes
  • Lot Size Acres: 0.154
  • Subdivision Name: BOSART
  • Inspection Warranties: General
  • Property Description: Located in up and coming Bosart-Brown neighborhood, right by Irvington & only minutes away from dining & entertainment in downtown Indy. Cosmetic updates & personal touches, this will be a terrific home with great space. New roof new paint, updated exterior, new windows, new concrete, electric, garage & main level flooring. Great open front porch, fenced in front & backyards for relaxing. Stroll to nearby Ellenberger Park & just a short hop to the many Irvington shops & restaurants nearby. Bosart-Brown is a burgeoning, eclectic & diverse historic area of mostly Arts & Crafts style architecture with a growing creative class of residents & entrepreneurs.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Daylight/Lookout Windows
  • Appliances: None
  • Levels: Two
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Windows Thermal
  • Living Area: 2624
  • Other Equipment: Security Alarm Monitored
  • Room Count: 8
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1844
  • Main Level Sq Ft: 1064
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 2624
  • Below Grade Sq Ft: 780
  • Upper Level Sq Ft: 780
  • Pct Optional Level Finished: 0-25%
  • Optional Level Below Grade: Daylight Window Basement

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 2 Car Detached

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491004131002000101
  • Acres: <1/4 Acre
  • Lot Number: 2
  • Lot Size: 6,708

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 362
  • Semi Annual Property Tax Amt: 181
  • Tax Exemption: HomesteadTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools
  • Schools: Center for Inquiry School 2 Elementary,Center for Inquiry School 2 Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2019
Sold by
Final Image & Real Estate Investments Llc
Bought by
Marallo John C
Current Estimated Value
$188,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,450
Outstanding Balance
$123,686
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$64,613

Purchase Details

Listed on
Mar 12, 2018
Closed on
Jun 8, 2018
Sold by
Struck Steven H
Seller's Agent
Stephen Barnard
Dropped Members
Buyer's Agent
Stephen Barnard
Artisan, REALTORS®
List Price
$82,500
Sold Price
$82,000
Premium/Discount to List
-$500
-0.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.28%
Original Mortgage
$61,500
Interest Rate
4.5%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Marallo John C -- None Available
-- $82,000 --
Final Image Real Estate Investments In L $82,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marallo John C $142,450
Previous Owner Final Image Real Estate Investments In L $61,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2018 06/08/18 Sold $82,000 -0.6% $31 / Sq Ft
03/21/2018 03/21/18 Pending -- -- --
03/12/2018 03/12/18 For Sale $82,500 -- $31 / 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 $1,665 $147,500 $22,300 $125,200
2024 $1,752 $145,300 $22,300 $123,000
2023 $1,752 $148,900 $22,300 $126,600
2022 $1,848 $150,700 $22,300 $128,400
2021 $1,530 $127,300 $22,300 $105,000
2020 $1,383 $114,200 $7,500 $106,700
2019 $1,140 $99,500 $7,500 $92,000
2018 $1,617 $63,900 $7,500 $56,400
2017 $512 $60,700 $7,500 $53,200
2016 $452 $55,400 $7,500 $47,900
2014 $380 $52,000 $7,500 $44,500
2013 $478 $48,300 $7,500 $40,800
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    Stephen Barnard

    Dropped Members

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21550914

MIBOR Broker Listing Cooperative®

APN: 49-10-04-131-002.000-101

Indiana Marion County Indianapolis 46201 Near Eastside

25 Wallace Ave, Indianapolis, IN

Not Listed for Sale

Detached

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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.
Based on information submitted to the MLS GRID

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