3352 Wallace Ave Indianapolis, IN 46218
Martindale-Brightwood NeighborhoodEstimated payment $628/month
Highlights
- Traditional Architecture
- No HOA
- 1 Car Detached Garage
- Wood Flooring
- Formal Dining Room
- 1-Story Property
About This Home
Charming 2-bedroom, 1-bathroom single-family home offering a comfortable layout with plenty of space both inside and out. The home features additional basement space ideal for entertaining, recreation, or storage, along with large front and back yards providing room to relax, play, or host gatherings. A detached one-car garage includes a large attached covered side porch on a concrete slab, creating additional outdoor living space and functionality. Recent updates include a new A/C unit and furnace installed in July 2025. The home is currently occupied by a long-term tenant who has been in place since 2019, providing immediate rental income for an investor or a potential opportunity for an owner-occupant looking for future flexibility. The current rent is below market value, offering the ability to increase rents and capture additional income through a market-rate adjustment.
Listing Agent
Rize Commercial Realty LLC Brokerage Email: karancheemaindy@gmail.com License #RB16001799 Listed on: 07/22/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,674
Year Built
- Built in 1946
Lot Details
- 6,882 Sq Ft Lot
Parking
- 1 Car Detached Garage
Home Design
- Traditional Architecture
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 837 Sq Ft Home
- 1-Story Property
- Formal Dining Room
- Basement
- Basement Storage
Flooring
- Wood
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Utilities
- Central Air
- Heating System Uses Natural Gas
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 49-07-21-127-223.000-101
- Assessor Parcel Number 490721127223000101
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $1,673 | $67,300 | $6,100 | $61,200 |
| 2024 | $1,504 | $57,300 | $6,100 | $51,200 |
| 2023 | $1,504 | $59,600 | $6,100 | $53,500 |
| 2022 | $1,477 | $58,100 | $6,100 | $52,000 |
| 2021 | $1,177 | $47,200 | $6,100 | $41,100 |
| 2020 | $891 | $34,800 | $2,100 | $32,700 |
| 2019 | $867 | $33,200 | $2,100 | $31,100 |
| 2018 | $724 | $27,000 | $2,100 | $24,900 |
| 2017 | $578 | $23,500 | $2,100 | $21,400 |
| 2016 | $588 | $24,600 | $2,100 | $22,500 |
| 2014 | $491 | $22,600 | $2,100 | $20,500 |
| 2013 | $109 | $25,500 | $2,100 | $23,400 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/18/2026 08/18/26 | Price Changed | $88,000 | -1.1% | $105 / Sq Ft |
| 07/22/2026 07/22/26 | For Sale | $89,000 | -- | $106 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22115867
APN: 49-07-21-127-223.000-101
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Ask me questions while you tour the home.