NOT LISTED FOR SALE

3322 Wallace Ave Indianapolis, IN 46218

Martindale-Brightwood Neighborhood

Estimated Value: $65,000 - $103,000

2 Beds
1 Bath
768 Sq Ft
$115/Sq Ft Est. Value

Last Sold September 25, 2023

Last sale price $50,000 $65 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $604/month

41 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • 1-Story Property
  • 2 Car Detached Garage
  • Bungalow
  • Forced Air Heating System

About This Home

As of September 2023

Investment Opportunity! 2 bedroom, 1 bath home in need of a little TLC! Property being sold as is!

Last Agent to Sell the Property

Amy Moore

Steve Lew Real Estate Group, LLC Brokerage Email: amyhiverealty@gmail.com License #RB21001612 Listed on: 08/02/2023

Last Buyer's Agent

Joseph Cirillo

Priority One Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $318

Year Built

  • Built in 1946

Lot Details

  • 6,882 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 768 Sq Ft Home
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Crawl Space
  • Attic Access Panel
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

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

Community Details

  • No Home Owners Association
  • Forest Manor Subdivision

Listing and Financial Details

  • Tax Lot 1037
  • Assessor Parcel Number 490721127283000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$318

Year Built

Built in 1946

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1946
  • Building Area Total: 768
  • Garage Y N: Yes
  • Lot Size Acres: 0.16
  • Subdivision Name: Forest Manor
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: amyhiverealty@gmail.com
  • Attribution Contact: amyhiverealty@gmail.com
  • Special Features: None

Interior Features

  • Basement: No
  • Basement Type: Crawl Space
  • Appliances: None, Gas Water Heater
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Attic Access, Eat-in Kitchen
  • Living Area: 768
  • Other Equipment: Not Applicable
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 768
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Aluminum Siding
  • Foundation Details: Block

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Cooling: None
  • Heating: Forced Air, Gas
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 6882
  • Parcel Number: 490721127283000101
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 318
  • Tax Lot: 1037
  • Semi Annual Property Tax Amt: 159
  • Tax Exemption: Homestead Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2023
Closed on
Sep 25, 2023
Sold by
Wilbon Properties In1 Llc
Bought by
Zhang Jingtao
Seller's Agent
Amy Moore
Steve Lew Real Estate Group, LLC
Buyer's Agent
Joseph Cirillo
Priority One Realty
List Price
$80,000
Sold Price
$50,000
Premium/Discount to List
-$30,000
-37.5%
Views
207
Current Estimated Value
$88,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,401
Avg. Annual Appreciation
31.01%

Purchase Details

Closed on
May 1, 2018
Sold by
Kencong Llc
Bought by
Wilbon Properties In1 Llc

Purchase Details

Closed on
Oct 7, 2016
Sold by
Indianapolis Neighborhood Housing Group
Bought by
Kencong Llc

Purchase Details

Closed on
Feb 21, 2012
Sold by
U S Bank National Association
Bought by
Indianapolis Neighborhood Housing Group

Purchase Details

Closed on
Dec 15, 2011
Sold by
Lowery Dudley O
Bought by
U S Bank National Association

Purchase Details

Closed on
Oct 14, 2005
Sold by
George Abraham
Bought by
Lowery Dudley O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,150
Interest Rate
7.4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Zhang Jingtao -- None Listed On Document
Wilbon Properties In1 Llc -- None Available
Kencong Llc -- None Available
Indianapolis Neighborhood Housing Group -- None Available
U S Bank National Association $9,000 None Available
Lowery Dudley O -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lowery Dudley O $50,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2023 09/25/23 Sold $50,000 -28.6% $65 / Sq Ft
09/13/2023 09/13/23 Pending -- -- --
08/18/2023 08/18/23 Price Changed $70,000 -12.5% $91 / Sq Ft
08/02/2023 08/02/23 For Sale $80,000 -- $104 / 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 $1,692 $45,800 $6,100 $39,700
2023 $1,692 $67,600 $6,100 $61,500
2022 $1,640 $65,800 $6,100 $59,700
2021 $1,291 $52,300 $6,100 $46,200
2020 $776 $29,800 $2,100 $27,700
2019 $743 $27,900 $2,100 $25,800
2018 $564 $20,200 $2,100 $18,100
2017 $421 $16,100 $2,100 $14,000
2016 $428 $16,900 $2,100 $14,800
2014 $320 $14,700 $2,100 $12,600
2013 $874 $18,200 $2,100 $16,100
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Amy Moore

    Steve Lew Real Estate Group, LLC

    (317) 435-2463

    3 in this area

    25 Total Sales

    Amy Moore
    Section Image

  • J

    Buyer's Agent in 2023

    Joseph Cirillo

    Priority One Realty

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21935584

MIBOR Broker Listing Cooperative®

APN: 49-07-21-127-283.000-101

Indiana Marion County Indianapolis 46218 Martindale-Brightwood

3322 Wallace Ave, Indianapolis, IN

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