$175,000

758 Wallace Ave Indianapolis, IN 46201

Near Eastside Neighborhood

Estimated payment $1,196/month

Total Views 6,244
4 Beds
1.5 Baths
1,752 Sq Ft
$100 Price per Sq Ft

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 $1025 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

Thomas Colvin

eXp Realty, LLC License #RB14025301 Listed on: 08/14/2025

eXp Realty, LLC

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,318

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1920
  • Building Area Total: 2017
  • Garage Y N: Yes
  • Lot Size Acres: 0.1
  • Subdivision Name: Emerson Heights
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: None, Gas Water Heater
  • Levels: One and One Half
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Interior Amenities: Wood Work Painted
  • Living Area: 1752
  • Other Equipment: None
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Main Level Sq Ft: 1056
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Upper Level Sq Ft: 696

Exterior Features

  • Construction Materials: Aluminum Siding
  • Foundation Details: Block

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 4487
  • Parcel Number: 491004112018000101
  • Acres: <1/4 Acre

Tax Info

  • Tax Annual Amount: 3318
  • Tax Lot: Orig Will Br
  • Semi Annual Property Tax Amt: 1659

Map

Range of Values:

--
Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $3,361 $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
Source: Public Records

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
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Deed $64,000 --
Deed $64,000 --
Quit Claim Deed -- --
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $99,000 Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22056170

MIBOR Broker Listing Cooperative®

APN: 49-10-04-112-018.000-101

Indiana Marion County Indianapolis 46201 Near Eastside

758 Wallace Ave, Indianapolis, IN

For Sale

Detached

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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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Thomas Colvin
Listing Agent
Thomas Colvin
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eXp Realty, LLC
(317) 563-8141