4050 Wallace Ave Indianapolis, IN 46226
Forest Manor NeighborhoodEstimated payment $1,307/month
Highlights
- Updated Kitchen
- Mature Trees
- Two Way Fireplace
- 0.38 Acre Lot
- Deck
- Ranch Style House
About This Home
Welcome to this beautifully updated 3-bedroom, 2.5-bath ranch designed for effortless living and easy entertaining. The inviting living room features a stunning double-sided fireplace that gracefully connects to the kitchen, creating a warm and seamless flow throughout the main living space. Kitchen highlights include rich butcher block countertops, ample cabinet space, and all appliances included for a true move-in-ready experience. The main floor features three comfortable bedrooms, including a primary suite complete with its own private half-bath. Downstairs, the fully finished basement dramatically expands your living area-featuring a second full bathroom-making it an ideal setup for a recreation room, home office, or guest quarters. Outdoors, enjoy morning coffee on the covered front porch, or host gatherings on the spacious backyard deck within the privacy of a fully fenced lawn.
Listing Agent
Highgarden Real Estate Brokerage Email: Clyday@highgarden.com License #RB23000199 Listed on: 09/15/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,380
Year Built
- Built in 1958 | Remodeled
Lot Details
- 16,640 Sq Ft Lot
- Mature Trees
Parking
- 2 Car Attached Garage
Home Design
- Ranch Style House
- Traditional Architecture
- Block Foundation
- Stone
Interior Spaces
- Wet Bar
- Built-In Features
- Woodwork
- Two Way Fireplace
- Combination Kitchen and Dining Room
- Utility Room
- Neighborhood Views
Kitchen
- Updated Kitchen
- Electric Oven
- Dishwasher
Flooring
- Carpet
- Laminate
- Vinyl Plank
Bedrooms and Bathrooms
- 3 Bedrooms
Finished Basement
- Laundry in Basement
- Natural lighting in basement
Outdoor Features
- Deck
- Covered Patio or Porch
Schools
- Shortridge High School
Utilities
- Central Air
- Baseboard Heating
- Heating System Uses Natural Gas
- Gas Water Heater
Community Details
- No Home Owners Association
- Mendenhalls St Andrews Subdivision
Listing and Financial Details
- Tax Lot 38
- Assessor Parcel Number 490716104082000801
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $2,511 | $221,300 | $12,400 | $208,900 |
| 2024 | $2,398 | $194,600 | $12,400 | $182,200 |
| 2023 | $2,398 | $194,600 | $12,400 | $182,200 |
| 2022 | $2,383 | $191,700 | $12,400 | $179,300 |
| 2021 | $2,156 | $177,300 | $12,400 | $164,900 |
| 2020 | $1,295 | $108,600 | $5,900 | $102,700 |
| 2019 | $2,434 | $98,300 | $5,900 | $92,400 |
| 2018 | $2,337 | $98,100 | $5,900 | $92,200 |
| 2017 | $2,254 | $101,100 | $5,900 | $95,200 |
| 2016 | $2,126 | $97,300 | $5,900 | $91,400 |
| 2014 | $2,223 | $102,800 | $5,900 | $96,900 |
| 2013 | $2,137 | $102,800 | $5,900 | $96,900 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/23/2026 09/23/26 | Price Changed | $195,000 | -7.1% | $89 / Sq Ft | |
| 09/15/2026 09/15/26 | For Sale | $210,000 | +25.7% | $96 / Sq Ft | |
| 06/30/2020 06/30/20 | Sold | $167,000 | +1.5% | $76 / Sq Ft | View Prior Sale |
| 05/22/2020 05/22/20 | Pending | -- | -- | -- | |
| 05/19/2020 05/19/20 | For Sale | $164,500 | +161.1% | $75 / Sq Ft | |
| 11/08/2019 11/08/19 | Sold | $63,000 | +18.9% | $29 / Sq Ft | View Prior Sale |
| 09/25/2019 09/25/19 | Pending | -- | -- | -- | |
| 09/13/2019 09/13/19 | For Sale | $53,000 | -- | $24 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $167,000 | Hocker Title | |
| Warranty Deed | $63,000 | None Available | |
| Sheriffs Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Limited Warranty Deed | -- | None Available | |
| Sheriffs Deed | -- | None Available |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $163,975 | FHA | |
| Previous Owner | $104,050 | Commercial | |
| Previous Owner | $79,200 | Purchase Money Mortgage | |
| Previous Owner | $81,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $44,570 | Purchase Money Mortgage |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22113197
APN: 49-07-16-104-082.000-801
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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.
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