NOT LISTED FOR SALE

741 Wallace Ave Indianapolis, IN 46201

Near Eastside Neighborhood

Estimated Value: $228,000 - $245,822

2 Beds
-- Bath
1,200 Sq Ft
$199/Sq Ft Est. Value

Sale Details

Date Sold: September 10, 2021

Last sale price $178,000 $148 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,483 / mo

1 Day on Market

About This Home

As of September 2021

Investors awaiting a great opportunity in a growing area, ready for a few updates this is the double for you!
Outstanding double with three bedrooms per side, big covered porch and larger back yard with garage. Both sides offer the charm of the era with detailed larger trim, large windows bringing in plenty of light. 743 side has an updated kitchen and soft improvements in bathroom.
743 - dryer, refrigerator, dishwasher, oven/range, garbage disposal all stay
741 - washer, refrigerator, oven/range all stay

Last Agent to Sell the Property

Julie Preston

F.C. Tucker Company License #RB14040135 Listed on: 07/27/2021

F.C. Tucker Company

Last Buyer's Agent

Roger Lundy

Keller Williams Indpls Metro N

Keller Williams Indpls Metro N

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,296

Year Built

  • Built in 1927

Lot Details

  • 6,403

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Block Foundation
  • Vinyl Construction Material

Additional Features

  • 2-Story Property
  • Partially Fenced Property
  • Basement

Community Details

  • Emerson Heights Subdivision

Listing and Financial Details

  • Tenant pays for notapplic
  • The owner pays for notapplic
  • Assessor Parcel Number 491004142010000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,296

Year Built

Built in 1927

Lot Details

6,403 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1927
  • Road Surface Type: Concrete
  • Structure Type: Duplex
  • Subdivision Name: EMERSON HEIGHTS
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • Owner Pays: NotApplic
  • Sq Ft Main Upper: 0
  • Laundry: Other

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Disclosures: Not Applicable
  • Exterior Features: Fence Partial
  • Foundation Details: Block
  • Road Access: CityStreet

Garage/Parking

  • Garage Spaces: 2
  • Unit Parking: 1 Car Garage,On Street,Other

Utilities

  • Solid Waste: 1

Lot Info

  • Current Use: Residential
  • Parcel Number: 491004142010000101
  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Access Street,Sidewalks
  • Lot Number: 28 & B8
  • Lot Size: 40 X 160

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: NotApplic

Tax Info

  • Tax Annual Amount: 1296
  • Semi Annual Property Tax Amt: 648
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2021
Closed on
Aug 27, 2021
Sold by
Coolbaugh Demaris and Coolbaugh Rachel
Bought by
Griggs Kenneth R and Hake Samantha J
Seller's Agent
Julie Preston
F.C. Tucker Company
Buyer's Agent
Roger Lundy
Keller Williams Indpls Metro N
List Price
$172,000
Sold Price
$178,000
Premium/Discount to List
$6,000
3.49%
Current Estimated Value
$238,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,274
Avg. Annual Appreciation
6.44%
Original Mortgage
$174,775
Outstanding Balance
$156,938
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$81,336

Purchase Details

Closed on
Oct 30, 2008
Sold by
Shave David E and Shaver Connie Jo
Bought by
Coolbaugh Demaris and Coolbaugh Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,096
Interest Rate
5.95%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 Buyer Sale Price Title Company
Griggs Kenneth R -- Enterprise Title
Coolbaugh Demaris -- None Available
Source: Public Records

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 Borrower Loan Amount
Open Griggs Kenneth R $174,775
Previous Owner Coolbaugh Demaris $79,096
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2021 09/10/21 Sold $178,000 +3.5% $148 / Sq Ft
07/29/2021 07/29/21 Pending -- -- --
07/27/2021 07/27/21 For Sale $172,000 -- $143 / 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 $2,535 $178,500 $24,100 $154,400
2024 $2,161 $169,500 $24,100 $145,400
2023 $2,161 $145,800 $24,100 $121,700
2022 $2,309 $152,000 $24,100 $127,900
2021 $1,558 $113,700 $24,100 $89,600
2020 $1,429 $97,500 $8,800 $88,700
2019 $1,282 $86,400 $8,800 $77,600
2018 $1,156 $77,300 $8,800 $68,500
2017 $948 $70,700 $8,800 $61,900
2016 $478 $66,000 $8,800 $57,200
2014 $429 $70,200 $8,800 $61,400
2013 $597 $82,100 $8,800 $73,300
Source: Public Records

Agents Affiliated with this Home

  • Julie Preston

    Seller's Agent in 2021

    Julie Preston

    F.C. Tucker Company

    (317) 443-7429

    3 in this area

    257 Total Sales

    Julie Preston
    Section Image

  • R

    Buyer's Agent in 2021

    Roger Lundy

    Keller Williams Indpls Metro N

    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21800318

MIBOR Broker Listing Cooperative®

APN: 49-10-04-142-010.000-101

Indiana Marion County Indianapolis 46201 Near Eastside

741 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

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.