NOT LISTED FOR SALE

411 Wallace Ave Indianapolis, IN 46201

Near Eastside Neighborhood

Estimated Value: $246,000 - $271,000

3 Beds
1 Bath
2,264 Sq Ft
$113/Sq Ft Est. Value

Sale Details

Date Sold: June 30, 2017

Last sale price $39,900 $18 Per Sq Ft

Est. 540% increase in value since last sale

Current estimated payment $1,566 / mo

9 Days on Market

Highlights

  • Loft
  • Formal Dining Room
  • Forced Air Heating System
  • Covered Patio or Porch
  • Bungalow
  • Garage

About This Home

As of June 2017

Fantastic Investment Opportunity in Bosart Brown Neighborhood of Indianapolis. It’s a Single Family Home with 3 beds and 1 bath. Great Rental Area! Nice Comps in the Area, ARV of $100k+!!!The house has Solid Bones, just needs Some TLC. It has an unfinished full size attic and a partial basement. The attic space could be used as an additional bedroom. It has a nice fenced-in backyard and a detached two car garage. The property is currently vacant and is available for renovating right away.

Last Agent to Sell the Property

Jaren Barnes

Listed on: 06/20/2017

Co-Listed By

Brett Snodgrass

Red Bridge Real Estate License #RB14036993

Last Buyer's Agent

Michael Woods

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $934

Year Built

  • Built in 1915

Lot Details

  • 6,403 Sq Ft Lot
  • Back Yard Fenced

Parking

  • Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • Living Room with Fireplace
  • Formal Dining Room
  • Loft
  • Permanent Attic Stairs
  • Electric Oven

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Partial Basement
  • Basement Cellar

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Community Details

  • Layman & Careys Irvington Park Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491004144055000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$934

Year Built

Built in 1915

Lot Details

6,403 Sq Ft Lot

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1915
  • Co List Office Phone: 812-216-8602
  • Garage Y N: Yes
  • Lot Size Acres: 0.147
  • Subdivision Name: LAYMAN & CAREYS IRVINGTON PARK ADD
  • Inspection Warranties: Not Applicable
  • Property Description: Fantastic Investment Opportunity in Bosart Brown Neighborhood of Indianapolis. It’s a Single Family Home with 3 beds and 1 bath. Great Rental Area! Nice Comps in the Area, ARV of $100k+!!!The house has Solid Bones, just needs Some TLC. It has an unfinished full size attic and a partial basement. The attic space could be used as an additional bedroom. It has a nice fenced-in backyard and a detached two car garage. The property is currently vacant and is available for renovating right away.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Cellar, Partial
  • Appliances: Electric Oven, Refrigerator
  • Levels: 1 Leveland + Loft
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Interior Amenities: Attic Stairway
  • Living Area: 2264
  • Other Equipment: Not Applicable
  • Room Count: 7
  • Areas Interior: Living Room Formal,Laundry Room Main Level
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1454
  • Main Level Sq Ft: 1080
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 2264
  • Below Grade Sq Ft: 810
  • Upper Level Sq Ft: 374
  • Pct Optional Level Finished: 0-25%
  • Optional Level Below Grade: Cellar

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Fence Full Rear
  • Foundation Details: Block
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 2 Car Detached
  • Garage Parking Other: Garage Door Opener

Utilities

  • Sewer: Sewer Connected
  • Cooling: None
  • Heating: Forced Air
  • Water Source: Community Water
  • Solid Waste: 0
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Management Company Name: None

Fee Information

  • Association Fee Includes: Not Applicable
  • Mandatory Fee: 0

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491004144055000101
  • Acres: <1/4 Acre
  • Lot Information: Curbs,Sidewalks
  • Lot Number: 75
  • Lot Size: 6,403

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 934
  • Semi Annual Property Tax Amt: 467
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 17, 2023
Sold by
Fun Investment Finder Llc
Bought by
Alexander Mary J
Current Estimated Value
$255,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,560
Outstanding Balance
$231,675
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$23,719

Purchase Details

Listed on
Jun 20, 2017
Closed on
Jun 27, 2017
Seller's Agent
Jaren Barnes
Buyer's Agent
Michael Woods
List Price
$39,900
Sold Price
$39,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.37%

Purchase Details

Listed on
Jun 20, 2017
Closed on
Jun 8, 2017
Sold by
Arda A Pritchett Trust The David L Pri
Seller's Agent
Jaren Barnes
Buyer's Agent
Michael Woods
List Price
$39,900
Sold Price
$39,900

Purchase Details

Closed on
Nov 14, 2014
Sold by
Pritchett David L and Pritchett Arda A
Bought by
The David L Pritchett & Arda A Pritchett

Purchase Details

Closed on
Aug 6, 2010
Sold by
Mountain Blue Inc
Bought by
Pritchett David L and Pritchett Arda A

Purchase Details

Closed on
Jul 19, 2010
Sold by
United Capital Fund Llc
Bought by
Mountain Blue Inc

Purchase Details

Closed on
Dec 24, 2009
Sold by
Federal National Mortgage Association
Bought by
United Capital Fund Llc

Purchase Details

Closed on
Sep 10, 2009
Sold by
Chase Home Finance Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 14, 2009
Sold by
Gillum Sophia and Rca Indpls Employees Credit Un
Bought by
Chase Home Finance Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Alexander Mary J $248,000 Ata National Title Group
-- $39,900 --
Fun Investment Finder Llc $39,900 Paramount Title Agency
-- $31,000 --
The David L Pritchett & Arda A Pritchett -- None Available
Pritchett David L $30,000 None Available
Mountain Blue Inc -- Royal Title Services
United Capital Fund Llc -- None Available
Federal National Mortgage Association -- None Available
Chase Home Finance Llc $81,761 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alexander Mary J $240,560
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2017 06/30/17 Sold $39,900 0.0% $18 / Sq Ft
06/20/2017 06/20/17 For Sale $39,900 +28.7% $18 / Sq Ft
06/09/2017 06/09/17 Sold $31,000 -31.1% $14 / Sq Ft View Prior Sale
05/13/2017 05/13/17 For Sale $45,000 -- $20 / 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 $2,659 $226,300 $21,600 $204,700
2024 $944 $224,700 $21,600 $203,100
2023 $944 $100,500 $21,600 $78,900
2022 $2,485 $101,600 $21,600 $80,000
2021 $2,098 $87,300 $21,600 $65,700
2020 $1,659 $68,100 $5,000 $63,100
2019 $1,483 $59,400 $5,000 $54,400
2018 $1,322 $52,200 $5,000 $47,200
2017 $1,130 $49,600 $5,000 $44,600
2016 $1,010 $45,000 $5,000 $40,000
2014 $977 $45,200 $5,000 $40,200
2013 $871 $41,900 $5,000 $36,900
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Jaren Barnes

  • Linda Watson

    Seller's Agent in 2017

    Linda Watson

    RE/MAX Centerstone

    (317) 590-8279

    27 Total Sales

    Linda Watson
    Section Image
  • Brett Snodgrass

    Seller Co-Listing Agent in 2017

    Brett Snodgrass

    Red Bridge Real Estate

    (317) 934-2630

    20 Total Sales

    Brett Snodgrass
    Section Image
  • John Watson

    Seller Co-Listing Agent in 2017

    John Watson

    The Modglin Group

    36 Total Sales

    John Watson
    Section Image

  • M

    Buyer's Agent in 2017

    Michael Woods

  • M

    Buyer's Agent in 2017

    Mike Woods

    Dropped Members

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21493191

MIBOR Broker Listing Cooperative®

APN: 49-10-04-144-055.000-101

Indiana Marion County Indianapolis 46201 Near Eastside

411 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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