NOT LISTED FOR SALE

3312 Wallace Ave Indianapolis, IN 46218

Martindale-Brightwood Neighborhood

Estimated Value: $59,000 - $122,000

2 Beds
1 Bath
969 Sq Ft
$94/Sq Ft Est. Value

Last Sold November 12, 2020

Last sale price $27,300 $28 Per Sq Ft

Est. 233% increase in value since last sale

Current estimated payment $604/month

Highlights

  • Ranch Style House
  • Formal Dining Room
  • Woodwork
  • Covered Patio or Porch
  • Storm Windows
  • Forced Air Heating System

About This Home

As of November 2020

This 2 bedroom 1 bath home contains a 3rd room located off of one of the bedrooms that can easily be used as a 3rd bedroom. Home with hardwood floors throughout and with a little TLC is a good investment opportunity. Home is being sold AS IS and the seller will make zero concessions or do any price reductions post inspection.

Last Agent to Sell the Property

Edwin Watson

Triple E Realty, LLC License #RB17000719 Listed on: 10/28/2020

Last Buyer's Agent

Edwin Watson

Triple E Realty, LLC License #RB17000719 Listed on: 10/28/2020

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1932

Lot Details

  • 6,882

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Wood Siding

Interior Spaces

  • 969 Sq Ft Home
  • Woodwork
  • Formal Dining Room
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Utilities

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

Additional Features

  • Covered Patio or Porch
  • 6,882 Sq Ft Lot

Community Details

  • Forest Manor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490721127279000101

Home Details

Home Type

Single Family

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch, TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1932
  • Garage Y N: No
  • Lot Size Acres: 0.158
  • Subdivision Name: FOREST MANOR
  • Inspection Warranties: LeadBasePaint
  • Property Description: This 2 bedroom 1 bath home contains a 3rd room located off of one of the bedrooms that can easily be used as a 3rd bedroom. Home with hardwood floors throughout and with a little TLC is a good investment opportunity. Home is being sold AS IS and the seller will make zero concessions or do any price reductions post inspection.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: 2-Sided
  • Interior Amenities: Storms Some, Wood Work Painted
  • Living Area: 969
  • Other Equipment: Smoke Detector
  • Room Count: 6
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 969
  • Main Level Sq Ft: 969
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 969

Exterior Features

  • Construction Materials: Wood Siding
  • Disclosures: Not Applicable
  • Foundation Details: Crawl Space
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: None

Utilities

  • Sewer: Sewer Connected
  • Cooling: None
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Available
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490721127279000101
  • Acres: <1/4 Acre
  • Lot Information: Not In Subdivision
  • Lot Number: 1035
  • Lot Size: 6,882

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 738
  • Semi Annual Property Tax Amt: 369
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2020
Closed on
Nov 25, 2020
Sold by
Cliffrose Properties 2002 Llc
Bought by
Sfr3-Aic Llc
Seller's Agent
Edwin Watson
Triple E Realty, LLC
Buyer's Agent
Edwin Watson
Triple E Realty, LLC
List Price
$30,000
Sold Price
$27,300
Premium/Discount to List
-$2,700
-9%
Current Estimated Value
$90,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,649
Avg. Annual Appreciation
27.46%

Purchase Details

Listed on
Oct 28, 2020
Closed on
Nov 12, 2020
Sold by
Cliffrose Properties 2002 Llc
Bought by
Sfr3 Aic Llc
Seller's Agent
Edwin Watson
Triple E Realty, LLC
Buyer's Agent
Edwin Watson
Triple E Realty, LLC
List Price
$30,000
Sold Price
$27,300
Premium/Discount to List
-$2,700
-9%

Purchase Details

Closed on
Oct 3, 2017

Purchase Details

Closed on
Aug 24, 2017

Purchase Details

Closed on
Apr 13, 2015
Sold by
Relative Investors Llc
Bought by
Tanners Neck Properties Llc

Purchase Details

Listed on
May 27, 2014
Closed on
Nov 25, 2014
Sold by
Cooper Ellen A
Bought by
Relative Investors Llc
Seller's Agent
Ruth Beaver
Keller Williams Indpls Metro N
Buyer's Agent
Paul Warner
CityPlace Realty
List Price
$15,000
Sold Price
$10,500
Premium/Discount to List
-$4,500
-30%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.84%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sfr3-Aic Llc $27,300 None Listed On Document
Sfr3 Aic Llc $27,300 None Available
-- $40,500 --
Cliffrose Properties 2002 Llc $40,500 Paramount Title Agency
Oceanpointe Holdings Llc $40,500 Paramount Title Agency
-- $25,000 --
Oceanpointe Investments $25,000 Paramount Title Agency
Tanners Neck Properties Llc -- Mtc
Relative Investors Llc -- Mtc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/12/2020 11/12/20 Sold $27,300 -9.0% $28 / Sq Ft
10/29/2020 10/29/20 Pending -- -- --
10/28/2020 10/28/20 For Sale $30,000 +185.7% $31 / Sq Ft
11/26/2014 11/26/14 Sold $10,500 -30.0% $11 / Sq Ft View Prior Sale
11/13/2014 11/13/14 Pending -- -- --
05/27/2014 05/27/14 For Sale $15,000 -- $15 / 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 $1,533 $59,200 $6,100 $53,100
2023 $1,533 $61,700 $6,100 $55,600
2022 $1,485 $60,000 $6,100 $53,900
2021 $1,093 $44,500 $6,100 $38,400
2020 $823 $32,700 $2,100 $30,600
2019 $803 $31,300 $2,100 $29,200
2018 $668 $25,400 $2,100 $23,300
2017 $455 $18,500 $2,100 $16,400
2016 $468 $19,600 $2,100 $17,500
2014 $391 $18,100 $2,100 $16,000
2013 $747 $20,400 $2,100 $18,300
Source: Public Records

Agents Affiliated with this Home

  • Edwin Watson

    Seller's Agent in 2020

    Edwin Watson

    Triple E Realty, LLC

    (317) 281-9281

    13 in this area

    165 Total Sales

    Edwin Watson
    Section Image
  • Ruth Beaver

    Seller's Agent in 2014

    Ruth Beaver

    Keller Williams Indpls Metro N

    (317) 679-7617

    Ruth Beaver
    Section Image

  • P

    Buyer's Agent in 2014

    Paul Warner

    CityPlace Realty

    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21749125

MIBOR Broker Listing Cooperative®

APN: 49-07-21-127-279.000-101

Indiana Marion County Indianapolis 46218 Martindale-Brightwood

3312 Wallace Ave, Indianapolis, IN

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.

Nearby Homes