NOT LISTED FOR SALE

3612 Wallace Ave Indianapolis, IN 46218

Forest Manor Neighborhood

Estimated Value: $111,000 - $141,000

2 Beds
1 Bath
1,832 Sq Ft
$70/Sq Ft Est. Value

Last Sold November 18, 2021

Last sale price $81,337 $44 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $863/month

5 Days on Market

Highlights

  • Updated Kitchen
  • Detached Garage
  • Combination Dining and Living Room
  • Covered Patio or Porch

About This Home

As of November 2021

This 2 Bdrm 1 Ba Bungalow is located on the eastside. It has a full basement and a one car attached garage. This home has updates to Kitchen and bath. New flooring and paint throughout. A/C replaced in 2020 gas water heater replaced in 2019, new roof 2016, Furnace in 2011.

Last Agent to Sell the Property

Clara Washington

Carpenter, REALTORS® Listed on: 10/06/2021

Co-Listed By

Duwan Spells

SpellsCanSell Realty Service

Last Buyer's Agent

Stacie Kidwell Sandoval

Sandcastle Real Estate, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,248

Year Built

  • 1948

Lot Details

  • 6,534

Parking

  • Detached Garage

Interior Spaces

  • Combination Dining and Living Room
  • Laundry in Basement
  • Updated Kitchen

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,248

Year Built

1948

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inspection Warranties: General
  • Transaction Type: Sale
  • Accessibility Features YN: 0
  • Architectural Style: Bungalow
  • Co List Office Mls Id: MBRSLRC01
  • Co List Office Phone: 317-376-8508
  • Directions: Emerson Ave to E 34th Street go East on 34th Street to Wallace go North on Wallace to home on left.
  • Garage Yn: Yes
  • Efficiency: Windows, Water Heater
  • New Construction: No
  • Property Attached Yn: No
  • Subdivision Name: FOREST MANOR
  • Special Features: None
  • Year Built: 1948

Interior Features

  • Appliances: Microwave, Electric Oven, Refrigerator
  • Has Basement: Full, Unfinished, Daylight/Lookout Windows
  • Areas Interior: Laundry in Basement
  • Eating Area: Dining Combo/Living Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 916
  • Main Level Sq Ft: 916
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Some Updates
  • Below Grade Sq Ft: 916
  • Pct Optional Level Finished: 0-25%
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Attic Access, Attic Pull Down Stairs, Attic Stairway
  • Other Equipment: Smoke Detector

Exterior Features

  • Exterior Features: Driveway Concrete
  • Foundation Details: Block
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch
  • Construction Type: Aluminum Siding
  • Disclosures: Not Applicable

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: Detached
  • Garage Parking Other: Street Parking Only
  • Garage Sq Ft: 240
  • Garage Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Solid Waste: 0
  • Utility Options: Cable Available,Gas Available,Municipal Sewer Available,Municipal Water Available
  • Water Heater: Gas
  • Sewer: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Management Company Name: N/A

Lot Info

  • Acres: <1/4 Acre
  • Lot Number: 423
  • Lot Size: 6,752

Green Features

  • Green Certification Y N: 0

Tax Info

  • Semi Annual Property Tax Amt: 624
  • Tax Exemption: None
  • Tax Annual Amount: 1248
  • Tax Year: 2020

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 4, 2023
Sold by
Sierra Geovanna
Bought by
Garnet Homes Llc
Current Estimated Value
$128,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,250
Outstanding Balance
$90,252
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$34,379

Purchase Details

Closed on
May 23, 2023
Sold by
Garnet Homes Llc
Bought by
Sierra Geovanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,250
Outstanding Balance
$90,252
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$34,379

Purchase Details

Listed on
Oct 6, 2021
Closed on
Nov 18, 2021
Sold by
Reyna Geovanna
Bought by
Garnet Homes Llc
Seller's Agent
Clara Washington
Carpenter, REALTORS®
Buyer's Agent
Stacie Kidwell Sandoval
Sandcastle Real Estate, LLC
List Price
$90,000
Sold Price
$81,337
Premium/Discount to List
-$8,663
-9.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.89%
Original Mortgage
$65,070
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2011
Sold by
Coe Tommy L
Bought by
Washington Clara D

Purchase Details

Closed on
Feb 11, 2011
Sold by
Fannie Mae
Bought by
Coe Tommy L

Purchase Details

Closed on
Dec 29, 2010
Sold by
Bac Home Loans Servicing Lp
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 5, 2010
Sold by
Bailey Howard
Bought by
Bac Home Loans Servicing Lp
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
Garnet Homes Llc -- Ata National Title Group
Sierra Geovanna -- Ata National Title Group
Garnet Homes Llc $81,337 None Available
Reyna Geovanna $81,337 None Available
Washington Clara D -- None Available
Coe Tommy L -- None Available
Federal National Mortgage Association -- None Available
Bac Home Loans Servicing Lp $66,547 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sierra Geovanna $92,250
Previous Owner Reyna Geovanna $65,070
Previous Owner Bailey Howard $54,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2021 11/18/21 Sold $81,337 -9.6% $44 / Sq Ft
10/11/2021 10/11/21 Pending -- -- --
10/06/2021 10/06/21 For Sale $90,000 -- $49 / 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 $1,990 $73,300 $5,900 $67,400
2023 $1,990 $80,200 $5,900 $74,300
2022 $2,116 $79,700 $5,900 $73,800
2021 $1,413 $57,600 $5,900 $51,700
2020 $1,331 $53,900 $2,200 $51,700
2019 $1,230 $48,700 $2,200 $46,500
2018 $1,208 $47,400 $2,200 $45,200
2017 $1,054 $46,000 $2,200 $43,800
2016 $1,031 $46,000 $2,200 $43,800
2014 $876 $40,500 $2,200 $38,300
2013 $359 $40,500 $2,200 $38,300
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Clara Washington

    Carpenter, REALTORS®

    Section Image

  • D

    Seller Co-Listing Agent in 2021

    Duwan Spells

    SpellsCanSell Realty Service

    Section Image

  • S

    Buyer's Agent in 2021

    Stacie Kidwell Sandoval

    Sandcastle Real Estate, LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21817290

MIBOR Broker Listing Cooperative®

APN: 49-07-21-136-266.000-101

Indiana Marion County Indianapolis 46218 Forest Manor

3612 Wallace Ave, Indianapolis, IN

This home is located at 3612 Wallace Ave, Indianapolis, IN 46218 since 06 October 2021 and is currently estimated at $128,043, approximately $69 per square foot. This property was built in 1948. 3612 Wallace Ave is a home located in Marion County with nearby schools including James Russell Lowell School 51, Arlington Community Middle School, and Arsenal Technical High School.

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.

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