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3519 Wallace Avenue

3519 Wallace Avenue, Indianapolis, IN 46218
Sold Feb 14, 2024
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Sold Aug 11, 2021
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Local assessors in Indianapolis, IN have categorized 3519 Wallace Avenue as a residential type of property. The home was built in 1941 and is 83 years old. It was most recently renovated and altered in 1971. The property's lot size has been calculated to be 6,665 square feet. The linear feet between the front and back of the lot was measured at 1,330 ft and the front of the lot was measured at 500 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3519 Wallace Avenue has a total of 825 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 825 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a roof that is made of asphalt. Residents rely on no air conditioning for their cooling system. The home's a central heating system is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $1,540 in taxes each year. 3519 Wallace Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $60,600. If we break it down further, the land itself was valued at $6,000. Improvements to the property, however, were assessed at a total of $54,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 825
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,665
  • Lot Size Depth Feet: 1,330
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,650
  • Gross Building Area: 1,650
  • Building Area: 825
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 825
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: FOREST MANOR ADD SEC C
  • Land Acres: 0.153
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: FOREST MANOR SEC C L754

Ownership

  • Current Owner : SHOUP 159 LLC
  • Previous Owner : 1818 INVESTMENTS LLC
  • Owner Before Previous Owner: SHREENIVASAN GIRI
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 350600

Geography

  • Assessors Map Reference: 2229-E3
  • District: 0001
  • Section: 210
  • Parcel: 49-07-21-127-093.000-101
  • Lot: 754
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.8208
  • Longitude: -86.0887

    Address

  • Full Address: 3519 Wallace Ave
  • Address - House Number: 3519
  • Address - Street Name: Wallace
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C038
  • 4-Digit Zip Code: 1660
  • Zip Code: 46218

Valuation

    Tax

  • Total Area: 1,650
  • Tax Year: 2022
  • Tax Amount: $1,540
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2549
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 63
  • Final Value: 119,876
  • High Value: 150,436
  • Low Value: 89,317

    Market Valuation

  • Market Total Value: $60,600
  • Market Land Value: $6,000
  • Market Improvement Value: $54,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $60,600
  • Assessed Land Value: $6,000
  • Assessed Improvements Value: $54,600

    Sales

  • Current Sale Contract Date: Feb 07, 2024
  • Current Sale Recording Date: Feb 14, 2024
  • Current Sale Transaction ID: 11921098663
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 11266
  • Previous Sale Recording Date: Aug 11, 2021
  • Previous Sale Contract Date: Aug 04, 2021
  • Previous Sale Document Type: Warranty Deed

About Forest Manor



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Frequently Asked Questions

What neighborhood is 3519 Wallace Avenue located in?
The 3519 Wallace Avenue is a house located in the neighborhood of Forest Manor in Forest Manor, Indianapolis.
What is the average sales price for listings in 3519 Wallace Avenue?
The average sales price for units in 3519 Wallace Avenue is $0 currently.

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