NOT LISTED FOR SALE

625 Wallace Ave Indianapolis, IN 46201

Near Eastside Neighborhood

Estimated Value: $171,000 - $221,000

2 Beds
1 Bath
1,520 Sq Ft
$129/Sq Ft Est. Value

About This Home

As of March 2018

Nice 2 Bedroom 1 Bath Duplex in Emerson Heights Neighborhood. Washer Dryer hookups in basement. Off street parking, convenient location to shopping, buss line, interstates and downtown. Affordable living in a nice area.

Last Agent to Rent the Property

Joseph Defusco

DeFusco Realty and Property Se License #RB14030629 Listed on: 07/21/2017

Last Renter's Agent

Joseph Defusco

DeFusco Realty and Property Se License #RB14030629 Listed on: 07/21/2017

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 6,403 Sq Ft Lot

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Woodwork
  • Window Screens
  • Unfinished Basement
  • Basement Lookout
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

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

Community Details

  • Emerson Heights Subdivision

Listing and Financial Details

  • Security Deposit $625
  • Tenant pays for all utilities
  • The owner pays for insurance, taxes, trash collection
  • 12-Month Minimum Lease Term
  • Assessor Parcel Number 491004101017000101

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: All Utilities
  • Lease Price: 625.00
  • Min Lease Req: 12
  • Pet Deposit: 500
  • Security Deposit: 625
  • Smoking: 0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TradAmer
  • Property Type: Residential Lease
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1925
  • Garage Y N: No
  • Lot Size Acres: 0.147
  • Subdivision Name: EMERSON HEIGHTS
  • Inspection Warranties: General
  • Property Description: Nice 2 Bedroom 1 Bath Duplex in Emerson Heights Neighborhood. Washer Dryer hookups in basement. Off street parking, convenient location to shopping, buss line, interstates and downtown. Affordable living in a nice area.
  • Transaction Type: Lease
  • Lifestyles: Double/Duplex
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished, Daylight/Lookout Windows
  • Appliances: Other
  • Levels: Three Or More
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Screens Some, Wood Work Painted
  • Living Area: 1520
  • Other Equipment: Smoke Detector
  • Owner Pays: Insurance, Taxes, Trash Collection
  • Room Count: 5
  • Eating Area: Formal Dining Room,Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 1072
  • Main Level Sq Ft: 624
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Bedroom 2nd Master
  • Total Sq Ft: 1520
  • Below Grade Sq Ft: 448
  • Upper Level Sq Ft: 448
  • Pct Optional Level Finished: 0-25%
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Block, Full
  • List Price: 625
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: Other
  • Garage Parking Other: Assigned Parking Outside

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: W/Approval

Lot Info

  • Parcel Number: 491004101017000101
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Tree Mature
  • Lot Number: 19
  • Lot Size: 6403

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1078
  • Semi Annual Property Tax Amt: 539

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2011
Sold by
Citibank Na
Bought by
Defusco Joseph
Current Estimated Value
$196,000

Purchase Details

Closed on
Nov 19, 2010
Sold by
Nutter Leslie Scott
Bought by
Citibank Na

Purchase Details

Closed on
Feb 15, 2007
Sold by
Dw Management Inc
Bought by
Nutter Leslie Scott and Nutter Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,280
Interest Rate
8%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 24, 2005
Sold by
Greaves Donald C and Widmer Greaves Dawn
Bought by
Dw Management Inc
Source: Public Records

Range of Values:

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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
Defusco Joseph -- None Available
Citibank Na $20,000 None Available
Nutter Leslie Scott -- None Available
Dw Management Inc -- None Available
Greaves Donald C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nutter Leslie Scott $61,280
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2018 03/15/18 Rented $625 0.0% --
03/11/2018 03/11/18 Under Contract -- -- --
02/22/2018 02/22/18 For Rent $625 0.0% --
02/21/2018 02/21/18 Off Market $625 -- --
07/21/2017 07/21/17 For Rent $625 0.0% --
06/20/2017 06/20/17 Rented $625 0.0% --
06/13/2017 06/13/17 Under Contract -- -- --
05/12/2017 05/12/17 For Rent $625 -- --
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 $3,661 $173,300 $25,300 $148,000
2023 $3,661 $149,300 $25,300 $124,000
2022 $3,789 $155,500 $25,300 $130,200
2021 $3,094 $129,100 $25,300 $103,800
2020 $2,706 $111,900 $9,300 $102,600
2019 $2,452 $99,100 $9,300 $89,800
2018 $2,224 $88,700 $9,300 $79,400
2017 $1,827 $80,900 $9,300 $71,600
2016 $558 $21,700 $9,300 $12,400
2014 $573 $26,500 $9,300 $17,200
2013 $834 $40,100 $9,300 $30,800
Source: Public Records

Agents Affiliated with this Home

  • Joseph Defusco

    Landlord's Agent in 2018

    Joseph Defusco

    DeFusco Realty and Property Se

    (317) 902-1652

    1 in this area

    4 Total Sales

    Joseph Defusco
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21501821

MIBOR Broker Listing Cooperative®

APN: 49-10-04-101-017.000-101

Indiana Marion County Indianapolis 46201 Near Eastside

625 Wallace Ave, Indianapolis, IN

This home is located at 625 Wallace Ave, Indianapolis, IN 46201 since 21 July 2017 and is currently priced at $196,000. This property was built in 1925. 625 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.

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