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$216,999 $5,001on 9/26/2024

1112 Wallace Avenue Indianapolis, IN  46201

  • 2 Beds
  • 1 Baths
  • 2,464 sq. Ft

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Property Description for 1112 Wallace Avenue Indianapolis, IN 46201

Remodeled floor plan combines the classic beauty of a bungalow while incorporating all the beauty of an updated interior. Some of the updating includes: new furnace, air conditioner, water heater, vinyl thermal windows on main floor & basement, luxury vinyl plank (LVP) flooring throughout, updated floor plan, entirely remodeled Bath with new tub, upscale surround, vanity & toliet, new Kitchen with custom soft close cabinets, granite counter tops, stainless steel appliances. Did I mention new vinyl siding on the garage? The basement is awaiting your finishing touches with endless possibilities! The house features a large Living Room with fireplace, Dining Room, Kitchen with Breakfast Nook, 2 Large Bedrooms and a Bath on the Main Level. This Little Flower charmer is less than 2 blocks to Little Flower Church and less than 1/2 mile to Scecina Memorial High School. The charm of Irvington is a short distance with great eating choices and eclectic shops. The wonderful Ellenberger Park for that daily walk you've been promising yourself is 1/2 mile SE. Great neighborhood! Come see for yourself!
QuickBuy option for home selling

Address:1112 Wallace Avenue Indianapolis IN 46201
Status:Active
on site: 167 days
Price:$216,999
Bedrooms:2 Beds
Bathrooms:1 Full Baths
Sq. Feet:2,464
Year Built:1942
Lot Size:0.14
County: Marion
Township: Center
MLS #:21983727
Property Type:Single Family Residence

Lot Dimensions:6098
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :1,232
Total Sq. Ft. :2,464
Basement:Yes

Loan Price
$1,546
Price And Interest $1,132/month
Property Tax $324/month
MTG INS $0/month
HOME INS $90/month
Price
$216,999
Down Payment %
0 %
Down Payment
$0
Property Taxes
$324/month
Home Owner Insurance
$1,080 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
09/26/24 $222,000 $216,999 -2.25%
08/13/24 $225,900 $222,000 -1.73%
07/25/24 $229,900 $225,900 -1.74%
07/11/24 $235,000 $229,900 -2.17%

RoomSizeLevel
Family Room 19x12 Main
Dining Room 11x12 Main
Kitchen 13x9 Main
Breakfast Room 7x7 Main
Primary Bedroom 13x16 Main
Bedroom 2 13x13 Main

Semi-Annual Property Tax:$1,945
Tax Year:2023
Mandatory HOA Fee:$

Area: 4912 - Marion - Center Ne
Subdivision: Emerleigh
Zip Code:46201

Total Sq. Ft.:2,464
Interior Features:Screens Some, Windows Thermal, Windows Vinyl
Eating Area(s):Formal Dining Room, Other Eating Area
Appliances:Dishwasher, Gas Water Heater, Gas Oven, Refrigerator, Water Heater
Exterior Type:Brick
Fireplace(s):Family Room
Cool:Central Electric
Heat:Gas
Water Heater:Dishwasher, Gas Water Heater, Gas Oven, Refrigerator, Water Heater
Total Rooms:6
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Listing provided courtesy of Jennifer Thompson with United Real Estate Indpls from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 06/05/2024 12:00 AM. 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.





Indianapolis Market Report

109
Avg. DOM
$187.92
Avg. $ / Sq.Ft.
$ 389,000
Med. List Price

The house prices in Indianapolis are indeed dropping at the moment. There has been a decrease in price of $20,825.47. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Indianapolis are going Down. The average house price is $269,000.00 and the average price per square feet is $156.25 per square feet. At the moment, the amount of homes listed is exactly 13891 houses, with 2412 with active status, 1216 with pending status and 10263 sold in Indianapolis .

The most popular place to buy a home in Indianapolis is 4903 - Marion - Washington. 4903 - Marion - Washington is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Indianapolis .

The average amount of property taxes you would have to pay for a home in Indianapolis is $3,194.02. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Indianapolis are staying listed for an average of 68 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Indianapolis was 762 minutes ago.

At the moment we have 105 open houses that you can visit.

The cost of the most expensive home in Indianapolis is $7,750,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Indianapolis is $45,900.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Indianapolis in year 1827 and the newest built house is in year 2025.

The average size of properties in Indianapolis is 2112.74 sq.ft. , the biggest one being 13549 sq.ft. and the smaller being 252 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.