NOT LISTED FOR SALE

3924 Wallace Ave Indianapolis, IN 46226

Forest Manor Neighborhood

Estimated Value: $133,000 - $203,000

3 Beds
2 Baths
2,803 Sq Ft
$61/Sq Ft Est. Value

Last Sold August 25, 2021

Last sale price $115,000 $41 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,035/month

Highlights

  • 0.38 Acre Lot
  • Formal Dining Room
  • 1-Story Property
  • Vaulted Ceiling
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of August 2021

This home is located at 3924 Wallace Ave, Indianapolis, IN 46226 since 11 August 2021 and is currently estimated at $169,888, approximately $60 per square foot. This property was built in 1950. 3924 Wallace Ave is a home located in Marion County with nearby schools including Robert Lee Frost School 106, James Whitcomb Riley School 43, and Charles Warren Fairbanks School 105.

Last Agent to Sell the Property

Elisha Drake

Keller Williams Indy Metro S License #RB14047750 Listed on: 08/11/2021

Keller Williams Indy Metro S

Last Buyer's Agent

Luis Coronel

Coronel Realty Group

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 0.38 Acre Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Block Foundation

Interior Spaces

  • 2,803 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Formal Dining Room
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Community Details

  • Mendenhalls St Andrews Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490716104018000801

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0.38 Acres

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Other
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1950
  • Building Area Total: 2803
  • Garage Y N: Yes
  • Lot Size Acres: 0.3822
  • Subdivision Name: MENDENHALLS ST ANDREWS
  • Inspection Warranties: Other
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Raised Ceiling(s)
  • Other Equipment: Not Applicable
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1700
  • Main Level Sq Ft: 1700
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Below Grade Sq Ft: 1103
  • Pct Optional Level Finished: 25-50%

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Detached

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490716104018000801
  • Acres: 1/4-1/2 Acre
  • Lot Number: 29
  • Lot Size: 16,649

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 2920
  • Semi Annual Property Tax Amt: 1460
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2021
Closed on
Sep 1, 2021
Sold by
Indiana Luxury Homes Inc
Bought by
Hernandez Raul A and Carbajal Kimberlin
Seller's Agent
Elisha Drake
Keller Williams Indy Metro S
Buyer's Agent
Luis Coronel
Coronel Realty Group
List Price
$124,900
Sold Price
$115,000
Premium/Discount to List
-$9,900
-7.93%
Current Estimated Value
$169,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,888
Avg. Annual Appreciation
8.93%
Original Mortgage
$85,000
Outstanding Balance
$62,245
Interest Rate
2.1%
Mortgage Type
Seller Take Back
Estimated Equity
$107,643

Purchase Details

Listed on
Aug 11, 2021
Closed on
Aug 25, 2021
Sold by
Indiana Luxury Homes Inc
Bought by
Hernandez Raul A and Carbajal Kimberlin
Seller's Agent
Elisha Drake
Keller Williams Indy Metro S
Buyer's Agent
Luis Coronel
Coronel Realty Group
List Price
$124,900
Sold Price
$115,000
Premium/Discount to List
-$9,900
-7.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Outstanding Balance
$62,245
Interest Rate
2.1%
Mortgage Type
Seller Take Back
Estimated Equity
$107,643

Purchase Details

Listed on
Aug 11, 2021
Closed on
Jul 21, 2021
Sold by
Hammer Randy
Bought by
Simple Quarters Llc
Seller's Agent
Elisha Drake
Keller Williams Indy Metro S
Buyer's Agent
Luis Coronel
Coronel Realty Group
List Price
$124,900
Sold Price
$115,000
Premium/Discount to List
-$9,900
-7.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Outstanding Balance
$62,245
Interest Rate
2.1%
Mortgage Type
Seller Take Back
Estimated Equity
$107,643

Purchase Details

Closed on
Nov 18, 2016
Sold by
Hammer Randy
Bought by
Z And D Properties Llp

Purchase Details

Listed on
Jun 20, 2016
Closed on
Jul 22, 2016
Sold by
Depp Nina S and Reed Kathryn
Bought by
Hammer Randy
Seller's Agent
Fred Krawczyk
Envoy Real Estate, LLC
Buyer's Agent
Zachary Hammer
M.S.WOODS REAL ESTATE, LLC
List Price
$42,000
Sold Price
$32,500
Premium/Discount to List
-$9,500
-22.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.67%

Purchase Details

Closed on
Mar 31, 2010
Sold by
Depp Nina S
Bought by
Depp Nina S and Sharps Dawn Y

Purchase Details

Closed on
Sep 19, 2009
Sold by
Depp Nina S
Bought by
Depp Nina S and The Fort W Reed Trust

Purchase Details

Closed on
Dec 20, 2005
Sold by
Nicholson R James and Secretary Of Veterans Affairs
Bought by
Reed Fort
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
Hernandez Raul A -- None Listed On Document
Indiana Luxury Homes Inc -- None Listed On Document
Hernandez Raul A $115,000 None Available
Indiana Luxury Homes Inc $115,000 None Available
Simple Quarters Llc -- Investors Title
Z And D Properties Llp -- None Available
Hammer Randy -- Mtc
Depp Nina S -- None Available
Depp Nina S -- None Available
Reed Fort -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Raul A $85,000
Closed Hernandez Raul A $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/25/2021 08/25/21 Sold $115,000 -7.9% $41 / Sq Ft
08/12/2021 08/12/21 Pending -- -- --
08/11/2021 08/11/21 For Sale $124,900 +284.3% $45 / Sq Ft
07/22/2016 07/22/16 Sold $32,500 0.0% $12 / Sq Ft View Prior Sale
07/05/2016 07/05/16 Off Market $32,500 -- --
06/20/2016 06/20/16 For Sale $42,000 -- $15 / 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 $1,829 $185,600 $12,400 $173,200
2024 $3,896 $157,400 $12,400 $145,000
2023 $3,896 $157,400 $12,400 $145,000
2022 $3,820 $155,100 $12,400 $142,700
2021 $3,418 $141,500 $12,400 $129,100
2020 $3,070 $126,100 $5,900 $120,200
2019 $2,834 $113,900 $5,900 $108,000
2018 $3,370 $120,200 $5,900 $114,300
2017 $2,768 $123,900 $5,900 $118,000
2016 $1,325 $119,300 $5,900 $113,400
2014 $1,351 $126,800 $5,900 $120,900
2013 $1,308 $126,800 $5,900 $120,900
Source: Public Records

Agents Affiliated with this Home

  • Elisha Drake

    Seller's Agent in 2021

    Elisha Drake

    Keller Williams Indy Metro S

    (317) 416-9603

    2 in this area

    155 Total Sales

    Elisha Drake
    Section Image

  • L

    Buyer's Agent in 2021

    Luis Coronel

    Coronel Realty Group

    Section Image
  • Fred Krawczyk

    Seller's Agent in 2016

    Fred Krawczyk

    Envoy Real Estate, LLC

    (317) 294-4425

    95 Total Sales

    Fred Krawczyk
    Section Image

  • P

    Seller Co-Listing Agent in 2016

    Paul Taylor

    Envoy Real Estate, LLC

    (317) 695-9779

    12 Total Sales

    Paul Taylor
    Section Image

  • Z

    Buyer's Agent in 2016

    Zachary Hammer

    M.S.WOODS REAL ESTATE, LLC

See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21805223

MIBOR Broker Listing Cooperative®

APN: 49-07-16-104-018.000-801

Indiana Marion County Indianapolis 46226 Forest Manor

3924 Wallace Ave, Indianapolis, IN

Not Listed for Sale

Detached

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Based on information submitted to the MLS GRID

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