NOT LISTED FOR SALE

3645 Wallace Ave Indianapolis, IN 46218

Forest Manor Neighborhood

Estimated Value: $70,000 - $154,000

2 Beds
1 Bath
925 Sq Ft
$119/Sq Ft Est. Value

Sale Details

Date Sold: February 7, 2023

Last sale price $50,000 $54 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $737 / mo

Highlights

  • Ranch Style House
  • Combination Kitchen and Dining Room
  • Carpet
  • Solar Water Heater
  • Garage

About This Home

As of February 2023

Ranch style home ready for its next owner to transform it again into a house

Last Agent to Sell the Property

Charles Sheppard

AMR Real Estate LLC License #RB21002292 Listed on: 01/24/2023

Last Buyer's Agent

Non-BLC Member

MIBOR REALTOR® Association

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 7,797

Parking

  • Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 925 Sq Ft Home
  • Combination Kitchen and Dining Room
  • Attic Access Panel
  • Electric Oven

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Solar Water Heater
  • 7,797 Sq Ft Lot
  • Heating System Uses Gas

Community Details

  • Forest Manor Subdivision

Listing and Financial Details

  • Tax Lot 411
  • Assessor Parcel Number 490721136248000101

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

7,797 Sq Ft Lot

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1948
  • Building Area Total: 925
  • Garage Y N: Yes
  • Lot Size Acres: 0.18
  • Subdivision Name: Forest Manor
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: csheppard@highgarden.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Refrigerator, Electric Oven, Solar Hot Water, Water Heater
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Attic Access
  • Living Area: 925
  • Other Equipment: Not Applicable
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 925
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Block

Utilities

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

Lot Info

  • Property Attached Yn: No
  • Lot Size Sq Ft: 7797
  • Parcel Number: 490721136248000101

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1516
  • Tax Lot: 411
  • Semi Annual Property Tax Amt: 758

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2023
Closed on
Feb 7, 2023
Sold by
Thompson Pamela J and Thompson Peter M
Bought by
Mela Enterprises Llc
Seller's Agent
Charles Sheppard
AMR Real Estate LLC
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$50,000
Sold Price
$50,000
Current Estimated Value
$110,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,068
Avg. Annual Appreciation
27.48%

Purchase Details

Listed on
Jan 24, 2023
Closed on
Feb 2, 2023
Sold by
Thompson Pamela J and Thompson Peter M
Bought by
Mela Enterprises Llc
Seller's Agent
Charles Sheppard
AMR Real Estate LLC
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$50,000
Sold Price
$50,000
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mela Enterprises Llc -- Investors Title
Mela Enterprises Llc $50,000 Investors Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/07/2023 02/07/23 Sold $50,000 0.0% $54 / Sq Ft
01/24/2023 01/24/23 Pending -- -- --
01/24/2023 01/24/23 For Sale $50,000 -- $54 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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
2025 $1,837 $96,700 $6,700 $90,000
2024 $2,080 $77,400 $6,700 $70,700
2023 $2,080 $84,600 $6,700 $77,900
2022 $2,513 $94,800 $6,700 $88,100
2021 $1,690 $68,400 $6,700 $61,700
2020 $1,599 $64,300 $2,600 $61,700
2019 $1,477 $58,100 $2,600 $55,500
2018 $1,451 $56,400 $2,600 $53,800
2017 $1,306 $56,800 $2,600 $54,200
2016 $1,275 $56,800 $2,600 $54,200
2014 $1,102 $49,900 $2,600 $47,300
2013 $1,172 $49,900 $2,600 $47,300
Source: Public Records

Agents Affiliated with this Home

  • Charles Sheppard

    Seller's Agent in 2023

    Charles Sheppard

    AMR Real Estate LLC

    (317) 654-1204

    2 in this area

    65 Total Sales

    Charles Sheppard
    Section Image

  • N

    Buyer's Agent in 2023

    Non-BLC Member

    MIBOR REALTOR® Association

    Non-BLC Member
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21902071

MIBOR Broker Listing Cooperative®

APN: 49-07-21-136-248.000-101

Indiana Marion County Indianapolis 46218 Forest Manor

3645 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® 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.
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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