Check Availability
$158,000 - $192,000
House - In Contract

337 Wallace Avenue

Indianapolis, IN 46201
bedrooms
4 Beds
bathrooms
1.5 Baths, 1 Half Bath
square feet
1612 Sqft
Sold Jan 13, 2023
$174,496
$131,200 by Beeline Loans Inc
Mortgage Due Feb 01, 2053
Sold Mar 23, 2022
$80,000
$147,223 by Trident Realty Investments Llc
Mortgage Due Oct 01, 2022

About This Property

Recently renovated home (12 months ago) with new siding, new windows, & LVP flooring on main level. Located in the Bosart-Brown area of Indianapolis. 4 bedroom, 1.5 bath & full basement. Large dining room with a big kitchen w/breakfast area (new cabinets too). Backyard has a wood deck great for grilling.  GREAT INVESTMENT PROPERTY - with current tenant in place paying $1,700/month. Single car garage & private parking in the rear.

The manager has listed the unit size as 1612 square feet.
Unit Size
1,612Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$109
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1915
Listed By

Price History

Date / Event Date Event Price
Apr 23, 2024 In contract -
In contract
Mar 21, 2024 Price Decreased $175,000
↓ $6K (3.3%)
Price Decreased
Jan 26, 2024 Listed $181,000
Listed
Jan 19, 2023 No longer available -
No longer available
Jan 13, 2023 Sold to Milan J Parikh $174,496
Sold to Milan J Parikh
Show More

Property Highlights

Air Conditioning
Interior Details

Basement Information

Basement
Exterior Details

Exterior Information

Vinyl Siding

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Poor
  • Building Quality: D
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 546
  • Garage Type: Detached
  • Garage Square Area: 240
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,403
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 400
  • Total Building Area: 2,314
  • Gross Building Area: 2,314
  • Building Area: 1,768
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,768
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LAYMAN & CAREYS IRVINGTON PARK ADD
  • Land Acres: 0.147
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: LAYMAN & CAREYS IRVINGTON PARK L72

Ownership

  • Current Owner : PARIKH MILAN J
  • Previous Owner : WALSH BRIAN M
  • Owner Before Previous Owner: MY BRICKS AND STICKS LLC
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jan 30, 2024

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 355400

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2338-E3
  • District: 0001
  • Section: 4015004
  • Parcel: 49-10-04-144-052.000-101
  • Lot: 72
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7734
  • Longitude: -86.0886

    Address

  • Full Address: 337 Wallace Ave
  • Address - House Number: 337
  • Address - Street Name: Wallace
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C007
  • 4-Digit Zip Code: 3723
  • Zip Code: 46201

Valuation

    Tax

  • Total Area: 2,314
  • Tax Year: 2022
  • Tax Amount: $2,816
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.1654
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 79
  • Final Value: 187,037
  • High Value: 217,982
  • Low Value: 156,092

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $131,200
  • First Open Lien Mortgage Lender: BEELINE LOANS INC
  • First Open Lien Mortgage Recording Date: Jan 13, 2023
  • First Open Lien Mortgage Loan Amount: $131,200
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2053

    Market Valuation

  • Market Total Value: $115,000
  • Market Land Value: $21,600
  • Market Improvement Value: $93,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $115,000
  • Assessed Land Value: $21,600
  • Assessed Improvements Value: $93,400

    Sales

  • Current Sale Contract Date: Jan 06, 2023
  • Current Sale Recording Date: Jan 13, 2023
  • Current Sale Transaction ID: 11900988919
  • Current Sale Price: $174,496
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3179
  • Previous Sale Recording Date: Mar 23, 2022
  • Previous Sale Contract Date: Mar 18, 2022
  • Previous Sale Amount: $80,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BEELINE LOANS INC
  • First Mortgage Transaction Date: Jan 13, 2023
  • First Mortgage Loan Amount: $131,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: TRIDENT REALTY INVESTMENTS LLC
  • Previous Mortgage Transaction Date: Mar 23, 2022
  • Previous Mortgage Loan Amount: $147,223
  • Previous Mortgage Term: 6
  • Previous Mortgage Loan Type: Building or Construction Loan
  • Previous Mortgage Loan Due Date: Oct 01, 2022

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,912 ft²
$102/ft²
$194,900 Mar 14, 2024
-
-
House
3 Beds
1 Bath
1,269 ft²
$146/ft²
$185,000 Aug 10, 2023
-
-
House
2 Beds
1 Bath
1,316 ft²
$125/ft²
$164,900 Mar 8, 2024
-
-
House
2 Beds
1 Bath
775 ft²
$194/ft²
$150,000 Mar 27, 2024
-
-
House
2 Beds
1.5 Baths
688 ft²
$211/ft²
$145,000 Mar 29, 2024
-
-
Multifamily
Stu
-
-
$159,000 Apr 22, 2024
-
-
Multifamily
Stu
-
-
$167,500 Dec 1, 2023
-
-

About Near Eastside


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Frequently Asked Questions

When was property at 337 Wallace Avenue built and last sold?
The property at 337 Wallace Avenue was built in 1915 and last sold on Jan 6, 2023 for $174,496.
How much is this home worth?
The estimated value of the home located at 337 Wallace Avenue is $186,124.
What are some comparable homes to 337 Wallace Avenue?
Homes that are comparable to 337 Wallace Avenue include a house property at 741 Carlyle Place, 55 North Chester Avenue, 419 North Chester Avenue.

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