NOT LISTED FOR SALE

524 Wallace Ave Indianapolis, IN 46201

Near Eastside Neighborhood

Estimated Value: $144,000 - $168,000

3 Beds
2 Baths
2,287 Sq Ft
$69/Sq Ft Est. Value

Last Sold November 29, 2017

Last sale price $65,000 $28 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $1,102/month

11 Days on Market

Highlights

  • Built-in Bookshelves
  • Bungalow
  • Forced Air Heating and Cooling System
  • Enclosed Glass Porch
  • 1-Story Property
  • Garage

About This Home

As of November 2017

3 bd 2 bath bungalow in Emerson Heights. Walk to Ellenberger Park. Great original woodwork and wall of cabinets in wall. Breakfast room off kitchen. Huge front bedroom 17x10. 2nd bath in basement, shower, stool, sink.

Last Agent to Sell the Property

Mark Linder

CENTURY 21 Scheetz License #RB14044403 Listed on: 10/03/2017

CENTURY 21 Scheetz

Co-Listed By

Norman McClain

McClain Ventures, LLC

Last Buyer's Agent

Barb Getty

Barnes Property Management LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $90

Year Built

  • Built in 1910

Lot Details

  • 4,487 Sq Ft Lot
  • Back Yard Fenced

Home Design

  • Bungalow
  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 2,287 Sq Ft Home
  • 1-Story Property
  • Built-in Bookshelves
  • Unfinished Basement
  • Partial Basement
  • Electric Oven

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Driveway

Outdoor Features

  • Enclosed Glass Porch

Utilities

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

Community Details

  • Emerson Heights Mid Section Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491004112067000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$90

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1910
  • Co List Office Phone: 317-881-2100
  • Garage Y N: Yes
  • Lot Size Acres: 0.103
  • Subdivision Name: EMERSON HEIGHTS MID SECTION
  • Inspection Warranties: Not Applicable
  • Property Description: 3 bd 2 bath bungalow in Emerson Heights. Walk to Ellenberger Park. Great original woodwork and wall of cabinets in wall. Breakfast room off kitchen. Huge front bedroom 17x10. 2nd bath in basement, shower, stool, sink.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Partial, Unfinished
  • Appliances: Dryer, Electric Oven, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Built In Book Shelves
  • Living Area: 2287
  • Other Equipment: Not Applicable
  • Room Count: 6
  • Eating Area: Breakfast Room,Formal Dining Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1279
  • Main Level Sq Ft: 1279
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 2287
  • Below Grade Sq Ft: 1008
  • Pct Optional Level Finished: 0-25%
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete, Fence Full Rear
  • Foundation Details: Block
  • List Price: 69900
  • Association Maintained Building Exterior: 0
  • Porch: Glass Enclosed Porch

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 1 Car Detached
  • Garage Parking Other: Garage Door Opener
  • Num Parking Spaces: 1

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Available,Gas Connected
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491004112067000101
  • Acres: <1/4 Acre
  • Lot Information: Curbs,Sidewalks,Storm Sewer,Street Lights
  • Lot Number: 0
  • Lot Size: 63x71

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 90
  • Semi Annual Property Tax Amt: 45
  • Tax Exemption: HomesteadTaxExemption,VeteranTaxExemption,OtherTaxExemption/See Remarks

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2017
Closed on
Nov 29, 2017
Sold by
Zwickl Beth
Bought by
Thompson Rollin
Seller's Agent
Mark Linder
CENTURY 21 Scheetz
Buyer's Agent
Barb Getty
Barnes Property Management LLC
List Price
$69,900
Sold Price
$65,000
Premium/Discount to List
-$4,900
-7.01%
Current Estimated Value
$160,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,866
Avg. Annual Appreciation
13.07%
Original Mortgage
$52,000
Outstanding Balance
$30,375
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$137,634

Purchase Details

Closed on
Feb 7, 2015
Sold by
Walters Dean Albert
Bought by
Walters Eleanor L
Source: Public Records

Range of Values:

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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
Thompson Rollin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Rollin $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2017 11/29/17 Sold $65,000 -7.0% $28 / Sq Ft
10/15/2017 10/15/17 Pending -- -- --
10/03/2017 10/03/17 For Sale $69,900 -- $31 / 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 $2,716 $111,400 $11,800 $99,600
2023 $2,716 $110,000 $11,800 $98,200
2022 $2,734 $111,400 $11,800 $99,600
2021 $2,182 $90,200 $11,800 $78,400
2020 $2,149 $88,500 $7,900 $80,600
2019 $1,990 $80,200 $7,900 $72,300
2018 $1,807 $71,900 $7,900 $64,000
2017 $92 $65,800 $7,900 $57,900
2016 $90 $60,800 $7,900 $52,900
2014 $59 $56,200 $7,900 $48,300
2013 $59 $57,400 $7,900 $49,500
Source: Public Records

Agents Affiliated with this Home

  • Mark Linder

    Seller's Agent in 2017

    Mark Linder

    CENTURY 21 Scheetz

    (317) 814-2111

    1 in this area

    331 Total Sales

    Section Image

  • N

    Seller Co-Listing Agent in 2017

    Norman McClain

    McClain Ventures, LLC

  • B

    Buyer's Agent in 2017

    Barb Getty

    Barnes Property Management LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21517369

MIBOR Broker Listing Cooperative®

APN: 49-10-04-112-067.000-101

Indiana Marion County Indianapolis 46201 Near Eastside

524 Wallace Ave, Indianapolis, IN

This home is located at 524 Wallace Ave, Indianapolis, IN 46201 since 03 October 2017 and is currently estimated at $158,706, approximately $69 per square foot. This property was built in 1910. 524 Wallace Ave is a home located in Marion County with nearby schools including Ralph Waldo Emerson School 58, 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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