NOT LISTED FOR SALE

827 Wallace Ave Indianapolis, IN 46201

Near Eastside Neighborhood

Estimated Value: $162,000 - $241,000

2 Beds
1 Bath
1,170 Sq Ft
$165/Sq Ft Est. Value

Last Sold March 15, 2024

Last sale price $163,000 $139 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,114/month

202 Days on Market

Highlights

  • Traditional Architecture
  • Covered Patio or Porch
  • Shed
  • No HOA
  • Woodwork
  • 1-Story Property

About This Home

As of March 2024

Recently updated 2 bedroom bungalow is now ready for a new owner. Many charming architectural features still remain including the arched doorways, glass front dining room cupboard, door knobs, & bathroom medicine cabinet. Walking up to the home you will notice the cozy covered porch & glass windowed door. The interior of the home is flooded w/natural light, has fresh paint, & LVP flooring throughout. The kitchen boasts tons of cabinet space, recessed lighting, & includes all the appliances. Nestled between the two bedrooms is the beautifully updated bathroom. There is plenty of storage space in the large basement that includes the washer & dryer. Outside you will find a large fenced backyard w/storage shed, & carport w/extra parking behind

Last Agent to Sell the Property

Erica Shupert

Redfin Corporation Brokerage Email: erica.shupert@redfin.com License #RB14041620 Listed on: 07/14/2023

Redfin Corporation

Last Buyer's Agent

Michelle McClain

Smythe & Co, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,114

Year Built

  • Built in 1924

Lot Details

  • 6,229 Sq Ft Lot

Parking

  • Carport

Home Design

  • Traditional Architecture
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,170 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Paddle Fans
  • Family or Dining Combination

Kitchen

  • Gas Oven
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Interior Basement Entry
  • Laundry in Basement

Outdoor Features

  • Covered Patio or Porch
  • Shed
  • Storage Shed

Schools

  • Ralph Waldo Emerson School 58 Elementary School
  • Arlington Community Middle School
  • Arsenal Technical High School

Utilities

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

Community Details

  • No Home Owners Association
  • Emerson Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491004128023000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,114

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1924
  • Building Area Total: 1742
  • Garage Y N: No
  • Lot Size Acres: 0.14
  • Subdivision Name: Emerson Heights
  • Transaction Type: Sale
  • Website: https://www.redfin.com/IN/Indianapolis/827-Wallace-Ave-46201/home/82160703
  • Accessibility Features YN: No
  • Website: https://www.redfin.com/agent/erica-shupert
  • MBR_AttributionContact: erica.shupert@redfin.com
  • Attribution Contact: erica.shupert@redfin.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Interior Entry, Unfinished
  • Appliances: Dishwasher, Dryer, Gas Oven, Range Hood, Refrigerator, Washer, Water Heater
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Paddle Fan, Pantry, Wood Work Painted
  • Living Area: 1170
  • Main Level Bedrooms: 2
  • Eating Area: Dining Combo/Family Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1170
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Updated
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 1

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Direction Faces: West
  • Exterior Features: Storage Shed
  • Fencing: Fence Full Rear
  • Foundation Details: Block
  • List Price: 165000
  • Patio And Porch Features: Covered Porch, Open Patio
  • Waterfront: No

Garage/Parking

  • Parking Features: Carport
  • Garage Sq Ft: 0

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Laundry Features: In Basement
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: Arlington Community Middle School

Lot Info

  • Lot Features: Sidewalks
  • Property Attached Yn: No
  • Additional Parcels: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 6229
  • Parcel Number: 491004128023000101
  • Acres: <1/4 Acre
  • Price Acre: 1164286

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1114
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 557
  • Tax Exemption: Homestead Tax Exemption

MLS Schools

  • Elementary School: Ralph Waldo Emerson School 58
  • High School: Arsenal Technical High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2023
Closed on
Mar 14, 2024
Sold by
Rc Properties 1 Llc
Bought by
Curtis Olivia
Seller's Agent
Erica Shupert
Redfin Corporation
Buyer's Agent
Michelle McClain
Smythe & Co, Inc
List Price
$165,000
Sold Price
$163,000
Premium/Discount to List
-$2,000
-1.21%
Views
186
Current Estimated Value
$181,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,672
Avg. Annual Appreciation
5.99%
Original Mortgage
$9,780
Outstanding Balance
$9,674
Interest Rate
6.64%
Estimated Equity
$167,257

Purchase Details

Closed on
Mar 9, 2023
Sold by
Lawless Robert
Bought by
Rc Properties 1 Llc
Source: Public Records

Range of Values:

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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
Curtis Olivia $163,000 Meridian Title
Rc Properties 1 Llc $65,000 Investors Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Curtis Olivia $9,780
Open Curtis Olivia $160,047
Previous Owner Rc Properties 1 Llc $115,500
Previous Owner Lawless Robert $46,301
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2024 03/15/24 Sold $163,000 -1.2% $139 / Sq Ft
02/02/2024 02/02/24 Pending -- -- --
01/31/2024 01/31/24 For Sale $165,000 +1.2% $141 / Sq Ft
01/02/2024 01/02/24 Off Market $163,000 -- --
12/17/2023 12/17/23 For Sale $165,000 +1.2% $141 / Sq Ft
12/11/2023 12/11/23 Pending -- -- --
12/11/2023 12/11/23 Off Market $163,000 -- --
11/11/2023 11/11/23 For Sale $165,000 0.0% $141 / Sq Ft
10/11/2023 10/11/23 Pending -- -- --
09/16/2023 09/16/23 Price Changed $165,000 0.0% $141 / Sq Ft
09/16/2023 09/16/23 For Sale $165,000 +1.2% $141 / Sq Ft
09/06/2023 09/06/23 Off Market $163,000 -- --
08/13/2023 08/13/23 Pending -- -- --
08/10/2023 08/10/23 Price Changed $168,000 -4.0% $144 / Sq Ft
07/14/2023 07/14/23 For Sale $175,000 -- $150 / 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 $1,422 $169,000 $23,500 $145,500
2023 $1,422 $128,500 $23,500 $105,000
2022 $1,531 $129,900 $23,500 $106,400
2021 $1,198 $107,600 $23,500 $84,100
2020 $903 $92,200 $8,600 $83,600
2019 $748 $83,600 $8,600 $75,000
2018 $614 $75,100 $8,600 $66,500
2017 $535 $73,600 $8,600 $65,000
2016 $447 $67,100 $8,600 $58,500
2014 $378 $62,100 $8,600 $53,500
2013 $508 $63,500 $8,600 $54,900
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2024

    Erica Shupert

    Redfin Corporation

    Section Image

  • M

    Buyer's Agent in 2024

    Michelle McClain

    Smythe & Co, Inc

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21931656

MIBOR Broker Listing Cooperative®

APN: 49-10-04-128-023.000-101

Indiana Marion County Indianapolis 46201 Near Eastside

827 Wallace Ave, Indianapolis, IN

This home is located at 827 Wallace Ave, Indianapolis, IN 46201 since 14 July 2023 and is currently estimated at $193,329, approximately $165 per square foot. This property was built in 1924. 827 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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