758 Wallace Ave Indianapolis, IN 46201
Near Eastside NeighborhoodEstimated payment $1,212/month
Highlights
- Traditional Architecture
- No HOA
- 1 Car Detached Garage
- Wood Flooring
- Formal Dining Room
- Woodwork
About This Home
This 4-bedroom, 2-bath home offers over 2200 feet of comfortable living space and brings in $1050 per month in rental income. The layout is spacious and functional, appealing to long-term tenants. Situated on the eat side of Indianapolis, it's close to school, parks, and major roads. A dependable investment with consistent cashflow.
Listing Agent
eXp Realty, LLC Brokerage Email: thomas.colvin@exprealty.com License #RB14025301 Listed on: 08/14/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,318
Year Built
- Built in 1920
Lot Details
- 4,487 Sq Ft Lot
Parking
- 1 Car Detached Garage
Home Design
- Traditional Architecture
- Block Foundation
- Aluminum Siding
Interior Spaces
- 1.5-Story Property
- Woodwork
- Formal Dining Room
- Unfinished Basement
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Gas Water Heater
Community Details
- No Home Owners Association
- Emerson Heights Subdivision
Listing and Financial Details
- Tax Lot Orig Will Br
- Assessor Parcel Number 491004112018000101
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,317 | $154,300 | $11,800 | $142,500 |
| 2024 | $3,361 | $139,800 | $11,800 | $128,000 |
| 2023 | $3,361 | $138,000 | $11,800 | $126,200 |
| 2022 | $3,387 | $139,800 | $11,800 | $128,000 |
| 2021 | $2,696 | $113,200 | $11,800 | $101,400 |
| 2020 | $2,595 | $108,500 | $7,900 | $100,600 |
| 2019 | $2,397 | $98,100 | $7,900 | $90,200 |
| 2018 | $2,276 | $87,700 | $7,900 | $79,800 |
| 2017 | $609 | $80,400 | $7,900 | $72,500 |
| 2016 | $444 | $67,900 | $7,900 | $60,000 |
| 2014 | $407 | $67,300 | $7,900 | $59,400 |
| 2013 | $420 | $68,700 | $7,900 | $60,800 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/14/2025 08/14/25 | For Sale | $175,000 | +173.4% | $100 / Sq Ft | |
| 04/27/2017 04/27/17 | Sold | $64,000 | 0.0% | $24 / Sq Ft | View Prior Sale |
| 04/04/2017 04/04/17 | Pending | -- | -- | -- | |
| 03/31/2017 03/31/17 | For Sale | $64,000 | 0.0% | $24 / Sq Ft | |
| 03/28/2017 03/28/17 | Pending | -- | -- | -- | |
| 01/12/2017 01/12/17 | For Sale | $64,000 | -- | $24 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $64,000 | -- | |
| Deed | $64,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Interfamily Deed Transfer | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $99,000 | Reverse Mortgage Home Equity Conversion Mortgage |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22056170
APN: 49-10-04-112-018.000-101
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Ask me questions while you tour the home.