NOT LISTED FOR SALE

3351 Wallace Ave Indianapolis, IN 46218

Martindale-Brightwood Neighborhood

Estimated Value: $92,000 - $150,000

2 Beds
1 Bath
1,486 Sq Ft
$76/Sq Ft Est. Value

Last Sold May 27, 2016

Last sale price $10,312 $7 Per Sq Ft

Est. 988% increase in value since last sale

Current estimated payment $697/month

287 Days on Market

About This Home

As of May 2016

Investors, this one is for you. Great potential as portfolio property, flip or an opportunity to buy a home for a very low price. Priced to sell. Bring us your best offer.

Last Agent to Sell the Property

Todd Cook

Keller Williams Indy Metro S License #RB14049099 Listed on: 07/20/2015

Keller Williams Indy Metro S

Co-Listed By

Rachel Scott

Last Buyer's Agent

Non-BLC Member

MIBOR REALTOR® Association

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1946

Lot Details

  • 6,708 Sq Ft Lot

Home Design

  • Ranch Style House
  • Block Foundation

Interior Spaces

  • 1,486 Sq Ft Home
  • Attic Access Panel
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Community Details

  • Forest Manor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490721127268000101

Home Details

Home Type

Single Family

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2015
  • Year Built: 1946
  • Co List Office Phone: 317-881-2100
  • Garage Y N: No
  • Lot Size Acres: 0.154
  • Subdivision Name: FOREST MANOR
  • Inspection Warranties: Not Applicable
  • Property Description: Investors, this one is for you. Great potential as portfolio property, flip or an opportunity to buy a home for a very low price. Priced to sell. Bring us your best offer.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Attic Access
  • Living Area: 1486
  • Other Equipment: Not Applicable
  • Room Count: 2
  • Eating Area: Eat In Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 768
  • Main Level Sq Ft: 768
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1486
  • Below Grade Sq Ft: 718
  • Upper Level Sq Ft: 0
  • Pct Optional Level Finished: 0-25%
  • Bathroom Areas: 1.0000
  • Optional Level Below Grade: Basement

Exterior Features

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

Garage/Parking

  • Fuel: No Fuel Source
  • Garage Parking Description: None

Utilities

  • Sewer: Sewer Connected
  • Cooling: None
  • Heating: None
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: No Water Heater

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490721127268000101
  • Acres: <1/4 Acre
  • Lot Number: 886
  • Lot Size: 50x134

Tax Info

  • Tax Annual Amount: 434
  • Semi Annual Property Tax Amt: 217
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2015
Closed on
May 26, 2016
Sold by
Reo Logic Indiana Holdings Llc
Bought by
Bariy Investments Llc
Seller's Agent
Todd Cook
Keller Williams Indy Metro S
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$12,000
Sold Price
$10,312
Premium/Discount to List
-$1,688
-14.07%
Current Estimated Value
$112,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,916
Avg. Annual Appreciation
28.84%

Purchase Details

Closed on
Jun 30, 2015
Sold by
Us Bank
Bought by
Reo Logic Indiana Holdings Llc

Purchase Details

Closed on
Jun 16, 2015
Sold by
Woods Greg
Bought by
Us Bank and Tlcf 2012A Llc

Purchase Details

Closed on
Sep 15, 2006
Sold by
Woods Lisa and Woods Greg
Bought by
Woods Greg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,600
Interest Rate
10.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 18, 2006
Sold by
The Woods Group
Bought by
Woods Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,600
Interest Rate
10.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 8, 2005
Sold by
Monument Street Funding Llc
Bought by
The Woods Group

Purchase Details

Closed on
May 2, 2005
Sold by
Easton Carles E and Easton Katie D
Bought by
Monument Street Funding Llc
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
Bariy Investments Llc $5,160 None Available
Reo Logic Indiana Holdings Llc -- None Available
Us Bank $3,476 None Available
Woods Greg -- None Available
Woods Gregory -- None Available
The Woods Group -- None Available
Monument Street Funding Llc $18,465 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Woods Greg $33,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2016 05/27/16 Sold $10,312 -14.1% $7 / Sq Ft
05/03/2016 05/03/16 Pending -- -- --
04/22/2016 04/22/16 For Sale $12,000 +16.4% $8 / Sq Ft
04/19/2016 04/19/16 Off Market $10,312 -- --
07/20/2015 07/20/15 For Sale $12,000 -- $8 / 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 $1,314 $50,500 $6,000 $44,500
2023 $1,314 $52,500 $6,000 $46,500
2022 $1,277 $51,200 $6,000 $45,200
2021 $1,031 $41,800 $6,000 $35,800
2020 $777 $30,700 $2,100 $28,600
2019 $756 $29,300 $2,100 $27,200
2018 $630 $23,800 $2,100 $21,700
2017 $502 $20,700 $2,100 $18,600
2016 $516 $21,900 $2,100 $19,800
2014 $435 $20,100 $2,100 $18,000
2013 $472 $22,700 $2,100 $20,600
Source: Public Records

Agents Affiliated with this Home

  • Todd Cook

    Seller's Agent in 2016

    Todd Cook

    Keller Williams Indy Metro S

    (317) 503-3308

    3 in this area

    312 Total Sales

    Todd Cook
    Section Image

  • R

    Seller Co-Listing Agent in 2016

    Rachel Scott

  • N

    Buyer's Agent in 2016

    Non-BLC Member

    MIBOR REALTOR® Association

    Non-BLC Member
    Section Image

  • I

    Buyer's Agent in 2016

    IUO Non-BLC Member

    Non-BLC Office

See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21366214

MIBOR Broker Listing Cooperative®

APN: 49-07-21-127-268.000-101

Indiana Marion County Indianapolis 46218 Martindale-Brightwood

3351 Wallace Ave, Indianapolis, IN

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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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