See Home Value
$149,000 - $181,000
House - Off Market

827 Wallace Avenue

Indianapolis, IN 46201
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1170 Sqft
Sold Mar 21, 2024
$161,647
$160,047 by Gateway Mortgage Corporation
Mortgage Due Apr 01, 2054
Sold Mar 16, 2023
Transfer

About This Property

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

The manager has listed the unit size as 1170 square feet.
Unit Size
1,170Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$141
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1924

Price History

Date / Event Date Event Price
Dec 23, 2023 No longer available -
No longer available
Dec 18, 2023 Relisted $165,000
Relisted
Dec 13, 2023 In contract -
In contract
Nov 12, 2023 Relisted $165,000
Relisted
Oct 12, 2023 In contract -
In contract
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 2014
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 572
  • Garage Type: Carport
  • Garage Square Area: 200
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,229
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 390
  • Total Building Area: 1,742
  • Gross Building Area: 1,742
  • Building Area: 1,170
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,170
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: EMERSON HEIGHTS ADD NORTH SEC
  • Land Acres: 0.143
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: EMERSON HTS N SEC L38 B12

Ownership

  • Current Owner : CURTIS OLIVIA
  • Previous Owner : RC PROPERTIES 1 LLC
  • Owner Before Previous Owner: LAWLESS ROBERT
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 355300

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2338-E2
  • District: 0001
  • Section: 4015004
  • Parcel: 49-10-04-128-023.000-101
  • Block: 12
  • Lot: 38
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7797
  • Longitude: -86.0886

    Address

  • Full Address: 827 Wallace Ave
  • Address - House Number: 827
  • Address - Street Name: Wallace
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C023
  • 4-Digit Zip Code: 2948
  • Zip Code: 46201

Valuation

    Tax

  • Total Area: 1,742
  • Tax Year: 2022
  • Tax Amount: $1,531
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.1642
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 162,415
  • High Value: 189,085
  • Low Value: 135,746

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $169,827
  • First Open Lien Mortgage Lender: GATEWAY MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Mar 21, 2024
  • First Open Lien Mortgage Loan Amount: $160,047
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2054
  • Second Open Lien Mortgage Recording Date: Mar 21, 2024
  • Second Open Lien Mortgage Loan Amount: $9,780
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Apr 01, 2054

    Market Valuation

  • Market Total Value: $128,500
  • Market Land Value: $23,500
  • Market Improvement Value: $105,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $128,500
  • Assessed Land Value: $23,500
  • Assessed Improvements Value: $105,000

    Sales

  • Current Sale Contract Date: Mar 14, 2024
  • Current Sale Recording Date: Mar 21, 2024
  • Current Sale Transaction ID: 11923311269
  • Current Sale Price: $161,647
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21437
  • Previous Sale Recording Date: Mar 16, 2023
  • Previous Sale Contract Date: Mar 09, 2023
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GATEWAY MORTGAGE CORPORATION
  • First Mortgage Transaction Date: Mar 21, 2024
  • First Mortgage Loan Amount: $160,047
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2054
  • Second Mortgage Transaction Date: Mar 21, 2024
  • Second Mortgage Loan Amount: $9,780
  • Second Mortgage Terms: 360



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
1 Bath
1,141 ft²
$157/ft²
$179,000 Dec 14, 2023
-
-
House
3 Beds
2 Baths
1,312 ft²
$106/ft²
$139,000 Apr 25, 2023
-
-
House
3 Beds
2 Baths
992 ft²
$146/ft²
$144,900 Sep 29, 2023
-
-
House
3 Beds
1.5 Baths
1,384 ft²
$101/ft²
$140,000 Aug 30, 2023
-
-
House
3 Beds
1.5 Baths
1,471 ft²
$109/ft²
$159,900 Aug 28, 2023
-
-
House
3 Beds
1 Bath
1,012 ft²
$188/ft²
$189,900 Nov 15, 2023
-
-
House
4 Beds
1 Bath
1,283 ft²
$117/ft²
$149,900 Dec 14, 2023
-
-
Multifamily
Stu
-
-
$169,000 Nov 30, 2023
-
-
Multifamily
Stu
-
-
$155,000 Jun 16, 2023
-
-

About Near Eastside


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Frequently Asked Questions

When was property at 827 Wallace Avenue built and last sold?
The property at 827 Wallace Avenue was built in 1924 and last sold on Mar 14, 2024 for $161,647.
How much is this home worth?
The estimated value of the home located at 827 Wallace Avenue is $166,732.
What are some comparable homes to 827 Wallace Avenue?
Homes that are comparable to 827 Wallace Avenue include a house property at 517 North Linwood Avenue, 410 Wallace Avenue, 5010 Elliott Avenue.

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