See Home Value
$156,101*
House - Off Market

1517 Wallace Avenue

Indianapolis, IN 46201
bedrooms
2 Beds
bathrooms
1 Bath
square feet
744 Sqft
$139,000 - $169,000
Reference Base Price*
0.78%
Since Jun 1, 2023
National-US
Primary Model
Sold Jun 12, 2023
$157,000
$160,375 by Mortgage Research Center, Llc
Mortgage Due Jun 01, 2053
Sold Sep 02, 2022
Transfer

About This Property

Welcome to Little Flower! Check out this charming 2 bedroom, 1 bathroom beauty! The moment you walk in the front door you will fall in love with all the updates this home has to offer. New updates include brand new kitchen countertops, cabinets, backsplash, and S/S appliances! Updated bathroom w/tiled shower and a new vanity/flooring. The basement features ample storage and laundry space. The large backyard is perfect for entertaining family and guests or for pet owners! Close to Irvington, Downtown, and numerous restaurants! Don't miss this one!

The manager has listed the unit size as 744 square feet.
Unit Size
744Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$208
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1940

Price History

Date / Event Date Event Price
Jun 12, 2023 Sold to Miguel Zaro $157,000
Sold to Miguel Zaro
May 27, 2023 No longer available -
No longer available
Apr 26, 2023 In contract -
In contract
Apr 18, 2023 Relisted $154,900
Relisted
Mar 15, 2023 In contract -
In contract
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 744
  • Garage Type: Detached
  • Garage Square Area: 240
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,186
  • Lot Size Depth Feet: 1,370
  • Lot Size Frontage Feet: 450
  • Total Building Area: 1,488
  • Gross Building Area: 1,488
  • Building Area: 744
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 744
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ROSALIA PLACE ADD 2ND SEC
  • Land Acres: 0.142
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: ROSALIA PL 2ND SEC L23

Ownership

  • Current Owner : ZARO MIGUEL
  • Previous Owner : JTJ INDIANA LLC
  • Owner Before Previous Owner: ALPH BLANKENSHIP MICHAEL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 352500

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2338-E1
  • District: 0001
  • Section: 330
  • Parcel: 49-07-33-147-001.000-101
  • Lot: 23
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7881
  • Longitude: -86.0887

    Address

  • Full Address: 1517 Wallace Ave
  • Address - House Number: 1517
  • Address - Street Name: Wallace
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C002
  • 4-Digit Zip Code: 1847
  • Zip Code: 46201

Valuation

    Tax

  • Total Area: 1,488
  • Tax Year: 2022
  • Tax Amount: $697
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2583
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 63
  • Final Value: 155,062
  • High Value: 195,120
  • Low Value: 115,004

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $160,375
  • First Open Lien Mortgage Lender: MORTGAGE RESEARCH CENTER, LLC
  • First Open Lien Mortgage Recording Date: Jun 12, 2023
  • First Open Lien Mortgage Loan Amount: $160,375
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2053

    Market Valuation

  • Market Total Value: $86,300
  • Market Land Value: $25,000
  • Market Improvement Value: $61,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $86,300
  • Assessed Land Value: $25,000
  • Assessed Improvements Value: $61,300

    Sales

  • Current Sale Contract Date: Jun 05, 2023
  • Current Sale Recording Date: Jun 12, 2023
  • Current Sale Transaction ID: 11908039852
  • Current Sale Price: $157,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 47093
  • Previous Sale Recording Date: Sep 02, 2022
  • Previous Sale Contract Date: Aug 26, 2022
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE RESEARCH CENTER, LLC
  • First Mortgage Transaction Date: Jun 12, 2023
  • First Mortgage Loan Amount: $160,375
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jun 01, 2053



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
748 ft²
$200/ft²
$149,900 Apr 10, 2023
-
-
House
2 Beds
1 Bath
720 ft²
$222/ft²
$160,000 Feb 7, 2023
-
-
House
2 Beds
1 Bath
756 ft²
$165/ft²
$125,000 Mar 24, 2023
-
-
House
3 Beds
2 Baths
1,104 ft²
$122/ft²
$134,900 Mar 24, 2023
-
-
House
3 Beds
2 Baths
1,242 ft²
$134/ft²
$165,900 Apr 17, 2023
-
-
House
2 Beds
1 Bath
1,238 ft²
$113/ft²
$139,897 Dec 5, 2022
-
$151/mo
House
3 Beds
2 Baths
1,260 ft²
$103/ft²
$129,900 Apr 5, 2023
-
-
House
2 Beds
2 Baths
1,833 ft²
$93/ft²
$169,900 Apr 13, 2023
-
-
House
2 Beds
1 Bath
1,620 ft²
$93/ft²
$150,000 Jan 11, 2023
-
-
Multifamily
Stu
-
-
$140,000 Apr 28, 2023
-
-
Multifamily
Stu
-
-
$170,000 Nov 10, 2022
-
$208/mo
Multifamily
Stu
-
-
$170,000 Nov 10, 2022
-
$227/mo

About Near Eastside


Similar Homes for Sale

Unit for sale at 5201 East 10th Street, Indianapolis, IN 46219

$170,000

  • Studio
5201 East 10th Street, Indianapolis, IN 46219 Listing by Beau Matlock
Unit for sale at 926 North Leland Avenue, Indianapolis, IN 46219

$170,000

  • Studio
926 North Leland Avenue, Indianapolis, IN 46219 Listing by Beau Matlock
Unit for sale at 4528 East 10th Street, Indianapolis, IN 46201

$140,000

  • Studio
4528 East 10th Street, Indianapolis, IN 46201 Listing by Andrea Livers

Nearby Rentals

Unit for rent at 1613 Kildare Avenue, Indianapolis, IN, 46218

$995 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
1613 Kildare Avenue, Indianapolis, IN, 46218 Listing by Maxwell Richter
Unit for rent at 836 North Lasalle Street, Indianapolis, IN, 46201

$1,000 /mo

  • 2 Beds
  • 1 Bath
  • 797 ft²
836 North Lasalle Street, Indianapolis, IN, 46201 Listing by Evona Watson
Unit for rent at 834 North Lasalle Street, Indianapolis, IN, 46201

$899 /mo

  • 2 Beds
  • 1 Bath
  • 797 ft²
834 North Lasalle Street, Indianapolis, IN, 46201 Listing by Evona Watson


Frequently Asked Questions

When was property at 1517 Wallace Avenue built and last sold?
The property at 1517 Wallace Avenue was built in 1940 and last sold on Jun 5, 2023 for $157,000.
How much is this home worth?
The estimated value of the home located at 1517 Wallace Avenue is $154,806.
What are some comparable homes to 1517 Wallace Avenue?
Homes that are comparable to 1517 Wallace Avenue include a house property at 4111 East 13th Street, 1837 North Linwood Avenue, 861 North Bosart Avenue.

Quantcast