NOT LISTED FOR SALE

3725 Wallace Ave Indianapolis, IN 46218

Forest Manor Neighborhood

Estimated Value: $136,000 - $184,093

3 Beds
1.5 Baths
2,336 Sq Ft
$66/Sq Ft Est. Value

Last Sold December 06, 2013

Last sale price $34,500 $15 Per Sq Ft

Est. 346% increase in value since last sale

Current estimated payment $924/month

5 Days on Market

Highlights

  • Bungalow
  • Forced Air Heating and Cooling System
  • Garage
  • 1-Story Property
  • Combination Kitchen and Dining Room

About This Home

As of December 2013

THIS GREAT BUNGALOW STYLE HOME FEATURES 3 NICE BEDROOMS, 1 FULL BATH, SPACIOUS LIVING ROOM, DINING ROOM/KITCHEN COMBO, AND AN UNFINISHED BASEMENT. HOME IS SITUATED ON .14 ACRES WITH A LARGE PARTIALLY FENCED IN BACKYARD, PATIO, AND A 1 CAR DETACHED GARAGE.

Last Agent to Sell the Property

Dennis Nottingham

RE/MAX Advanced Realty License #RB14027621 Listed on: 11/07/2013

RE/MAX Advanced Realty

Co-Listed By

Christopher Williams

Last Buyer's Agent

Carolyn Sanders

The Sanders Group Realty,LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,015

Year Built

  • Built in 1949

Lot Details

  • 6,098 Sq Ft Lot

Parking

  • Garage

Home Design

  • Bungalow
  • Block Foundation

Interior Spaces

  • 2,336 Sq Ft Home
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

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

Community Details

  • Forest Manor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490721136203000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,015

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 1949
  • Garage Y N: Yes
  • Lot Size Acres: 0.14
  • Subdivision Name: FOREST MANOR
  • Inspection Warranties: SeeRemarks
  • Property Description: THIS GREAT BUNGALOW STYLE HOME FEATURES 3 NICE BEDROOMS, 1 FULL BATH, SPACIOUS LIVING ROOM, DINING ROOM/KITCHEN COMBO, AND AN UNFINISHED BASEMENT. HOME IS SITUATED ON .14 ACRES WITH A LARGE PARTIALLY FENCED IN BACKYARD, PATIO, AND A 1 CAR DETACHED GARAGE.
  • Transaction Type: Sale
  • Website: www.indyhomepros.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Screens Some,Wood Work Painted
  • Living Area: 2336
  • Other Equipment: Not Applicable
  • Room Count: 6
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1168
  • Main Level Sq Ft: 1168
  • Basement Half Bathrooms: 1
  • Main Half Bathrooms: 0
  • Total Sq Ft: 2336
  • Below Grade Sq Ft: 1168
  • Upper Level Sq Ft: 0
  • Bathroom Areas: 2.0000
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Stone,Vinyl Siding
  • Disclosures: VA-Owned
  • Foundation Details: Block
  • List Price: 22500
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 1 Car Detached

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490721136203000101
  • Acres: <1/4 Acre
  • Lot Number: 406
  • Lot Size: 50X124

Tax Info

  • Semi Annual Property Tax Amt: 0
  • Tax Exemption: HmsdTaxExpFiledNotReflected,MortageTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2009
Sold by
Direction 2000 Investors Llc
Bought by
Hutchison Bruce
Current Estimated Value
$154,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.29%
Mortgage Type
VA

Purchase Details

Closed on
Jun 6, 2008
Sold by
Wells Fargo Bank Na
Bought by
Direction 2000 Investors Llc

Purchase Details

Closed on
Apr 23, 2008
Sold by
Gibson Valerie and T Cooper Investments Inc
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jun 2, 2005
Sold by
T Cooper Investments Inc
Bought by
Gibson Valarie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
8.05%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 7, 2005
Sold by
Fairbanks Capital Corp
Bought by
T Cooper Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
8.05%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 22, 2005
Sold by
Fairbanks Capital Corp
Bought by
T Cooper Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,182
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
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
Hutchison Bruce -- None Available
Direction 2000 Investors Llc -- None Available
Wells Fargo Bank Na -- None Available
Wells Fargo Bank Na $36,761 None Available
Gibson Valarie -- None Available
T Cooper Investments Inc -- None Available
T Cooper Investments Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hutchison Bruce $63,067
Closed Hutchison Bruce $60,000
Previous Owner Realpro Investments Llc $21,000
Previous Owner Gibson Valarie $72,000
Previous Owner T Cooper Investments Inc $4,000
Previous Owner T Cooper Investments Inc $43,182
Previous Owner T Cooper Investments Inc $43,182
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2013 12/06/13 Sold $34,500 +53.3% $15 / Sq Ft
11/13/2013 11/13/13 Pending -- -- --
11/07/2013 11/07/13 For Sale $22,500 -- $10 / 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 $1,015 $94,600 $5,600 $89,000
2023 $1,015 $103,700 $5,600 $98,100
2022 $1,282 $103,000 $5,600 $97,400
2021 $661 $74,000 $5,600 $68,400
2020 $631 $70,600 $2,200 $68,400
2019 $586 $63,900 $2,200 $61,700
2018 $581 $61,800 $2,200 $59,600
2017 $504 $59,600 $2,200 $57,400
2016 $480 $59,600 $2,200 $57,400
2014 $384 $52,500 $2,200 $50,300
2013 $59 $52,500 $2,200 $50,300
Source: Public Records

Agents Affiliated with this Home

  • Dennis Nottingham

    Seller's Agent in 2013

    Dennis Nottingham

    RE/MAX Advanced Realty

    (317) 298-0961

    3 in this area

    149 Total Sales

    Dennis Nottingham
    Section Image

  • C

    Seller Co-Listing Agent in 2013

    Christopher Williams

  • C

    Buyer's Agent in 2013

    Carolyn Sanders

    The Sanders Group Realty,LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21264163

MIBOR Broker Listing Cooperative®

APN: 49-07-21-136-203.000-101

Indiana Marion County Indianapolis 46218 Forest Manor

3725 Wallace Ave, Indianapolis, IN

This home is located at 3725 Wallace Ave, Indianapolis, IN 46218 since 07 November 2013 and is currently estimated at $154,023, approximately $65 per square foot. This property was built in 1949. 3725 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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