Seller's Agent in 2025
Deborah Argenta
Keller Williams Indpls Metro N
(317) 695-5764
10 in this area
102 Total Sales
401 Wallace Ave Indianapolis, IN 46201
Near Eastside Neighborhood
4
Beds
4
Baths
1,068
Sq Ft
6,534
Sq Ft Lot
About This Home
As of September 2025NEW PRICE on this Excellent investment opportunity in Irvington Park! This cash-flowing duplex features two 2 bed, 1 bath units-both currently occupied. Each unit offers spacious living areas and updated mechanicals. Easy access to downtown and public transit. Whether you're looking to expand your portfolio or begin your real estate investment journey, this property delivers immediate income in a desirable rental area. Don't miss this turnkey asset!
Last Agent to Sell the Property
Keller Williams Indpls Metro N License #RB14049836 Listed on: 05/29/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1920
Home Design
- Duplex
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Additional Features
- 1.5-Story Property
- 6,403 Sq Ft Lot
- Central Air
- Basement
Community Details
- Layman & Careys Irvington Park Add Subdivision
Listing and Financial Details
- The owner pays for ins hazard, lawncare, taxes, sewer, water
- Tax Lot 73
- Assessor Parcel Number 491004144053000101
- Seller Concessions Not Offered
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 29, 2025
Closed on
Sep 11, 2025
Sold by
Jill Joe Properties Llc
Bought by
Howard William Spencer and Howard Morgan Marie
Seller's Agent
Deborah Argenta
Keller Williams Indpls Metro N
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$190,000
Sold Price
$165,000
Premium/Discount to List
-$25,000
-13.16%
Views
98
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$500
Avg. Annual Appreciation
0.66%
Purchase Details
Closed on
Dec 3, 2021
Sold by
Schwartz and Joseph
Bought by
Jill Joe Properties Llc
Purchase Details
Listed on
Sep 13, 2021
Closed on
Sep 21, 2021
Sold by
Circle City Weekly Rentals Llc
Bought by
Schwartzberg Joseph and Schwartzberg Jill
Seller's Agent
Roger Jackson
Real Estate Investment Venture
Buyer's Agent
Roger Jackson
Real Estate Investment Venture
List Price
$215,000
Sold Price
$210,000
Premium/Discount to List
-$5,000
-2.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.20%
Original Mortgage
$153,750
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 1, 2018
Purchase Details
Closed on
May 1, 2018
Purchase Details
Closed on
Feb 6, 2015
Sold by
Marion County Board Of Commissioners
Bought by
Franklin Land Trust 569278
Purchase Details
Closed on
Feb 5, 2015
Sold by
Mccormick James L and Mccormick Shirley J
Bought by
Marion County
Purchase Details
Closed on
Feb 9, 2006
Sold by
Aurora Loan Services
Bought by
Mccomick James L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,500
Interest Rate
6.38%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 31, 2005
Sold by
Chisham Jamison and Hayden Property Management Llc
Bought by
Aurora Loan Services Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,500
Interest Rate
6.38%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $210,000 | None Available | |
| Deed | $11,500 | -- | |
| Warranty Deed | $11,500 | Village Real Estate Company | |
| Deed | $8,900 | -- | |
| Quit Claim Deed | $8,900 | Village Real Estate Company | |
| Quit Claim Deed | $8,900 | None Available | |
| Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes | $14,702 | None Available | |
| Special Warranty Deed | -- | None Available | |
| Sheriffs Deed | $60,418 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $153,750 | New Conventional | |
| Previous Owner | $40,500 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/18/2025 09/18/25 | Sold | $165,000 | -1.2% | $154 / Sq Ft | |
| 09/02/2025 09/02/25 | Price Changed | $167,000 | -12.1% | $156 / Sq Ft | |
| 08/13/2025 08/13/25 | Pending | -- | -- | -- | |
| 07/21/2025 07/21/25 | Price Changed | $190,000 | 0.0% | $178 / Sq Ft | |
| 07/21/2025 07/21/25 | For Sale | $190,000 | -7.3% | $178 / Sq Ft | |
| 07/08/2025 07/08/25 | Pending | -- | -- | -- | |
| 06/27/2025 06/27/25 | For Sale | $205,000 | +24.2% | $192 / Sq Ft | |
| 06/19/2025 06/19/25 | Off Market | $165,000 | -- | -- | |
| 05/29/2025 05/29/25 | Pending | -- | -- | -- | |
| 05/29/2025 05/29/25 | For Sale | $205,000 | -2.4% | $192 / Sq Ft | |
| 09/21/2021 09/21/21 | Sold | $210,000 | -2.3% | $197 / Sq Ft | View Prior Sale |
| 09/14/2021 09/14/21 | Pending | -- | -- | -- | |
| 09/13/2021 09/13/21 | For Sale | $215,000 | -- | $201 / 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 |
|---|---|---|---|---|
| 2024 | $4,679 | $177,600 | $21,600 | $156,000 |
| 2023 | $4,679 | $192,200 | $21,600 | $170,600 |
| 2022 | $4,703 | $192,200 | $21,600 | $170,600 |
| 2021 | $1,911 | $77,800 | $21,600 | $56,200 |
| 2020 | $1,680 | $67,600 | $5,000 | $62,600 |
| 2019 | $3,719 | $67,200 | $5,000 | $62,200 |
| 2018 | $2,169 | $67,200 | $5,000 | $62,200 |
| 2017 | $1,464 | $63,800 | $5,000 | $58,800 |
| 2016 | $1,520 | $68,000 | $5,000 | $63,000 |
| 2014 | $1,730 | $63,700 | $5,000 | $58,700 |
| 2013 | $1,730 | $77,700 | $5,000 | $72,700 |
Source: Public Records
Agents Affiliated with this Home
-
Deborah Argenta
-
Non-BLC Member
N
Buyer's Agent in 2025
Non-BLC Member
MIBOR REALTOR® Association
-
Roger Jackson
Seller's Agent in 2021
Roger Jackson
Real Estate Investment Venture
(317) 250-6649
7 in this area
65 Total Sales
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22042407
APN: 49-10-04-144-053.000-101
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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.
Based on information submitted to the MLS GRID
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