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3049 Wallace Ave, Indianapolis, IN, 46218

$120,000

Home List Price

$1,425*

Closing Credit

3 Bedrooms
1 Full Bath
925 SqFt
$130/SqFt
House
Schools Nearby

Location

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3049 Wallace Ave, Indianapolis$120,000

Buyer Closing Credits

$1,425*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
Year Built1955
HeatingNone
CoolingCentral Air
MLS #21968104
Lot Size0.14 Acres
StatusActive

About 3049 Wallace Ave

Great investment property. Large lot. Cozy. Vacant and ready to deliver.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1955
  • Living Area: 925 SqFt

Listing Office:

  • Office Name: Paradigm Realty Solutions
  • Office Email: jvida@realtyparadigm.com
  • Listing Agent: Joshua Vida

Interior Features

Interior Information:

  • Appliances: None
  • Basement: No
  • Interior: Screens Some

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: None
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Rousseau Mc Clellan 91, Public Magnet Grades KG-8
  • H L Harshman Middle School, Public District Grades 7-8
  • Merle Sidener Gifted Academy, Public District Grades 2-8
  • James Russell Lowell School 51, Public District Grades PK-6
  • Theodore Potter School 74, Public District Grades KG-6
  • Ernie Pyle School 90, Public District Grades PK-6

Other

Directions Information:

  • Directions: GPS Friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $120,000
  • Price Per SqFt: $130/SqFt

Tax Information:

  • Annual Amount: $770
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Indianapolis, IN.

Med. Sold Price

$239.7K

Med. Price/SqFt

$135

Avg. Days On Market

45

# of Sold Homes

989

3049 Wallace Ave vs Indianapolis

46 DAYS ON ROCKET

+1 Day

$120,000

-$119.7K Less

$130/SqFt

-$5 Less

KEY TAKEAWAY

This property is $119.7K less than the Median Sold Price and $5/SqFt less than other homes in Indianapolis, IN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MIBOR
  • MLS Number: #21968104

Listing Office:

  • Office Name: Paradigm Realty Solutions
  • Office Email: jvida@realtyparadigm.com
  • Listing Agent: Joshua Vida

IDX Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.

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.

Copyright ©2024 MIBOR REALTOR® Association. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. 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.

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The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 9:16:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 16, 2009Home Sold
$12,000

Tax History

YEARPROP. TAXASSESSMENT
2020$770$34,700
2019$683$32,600
2018$566$25,400
2017$515$23,200

History based on county public records data.

Payment Calculator

$666

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$426

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1161255
1
/10
  • James Russell Lowell School 51

  • 3426 Roosevelt Ave

  • 1.24 miles

  • Public District Grades PK-6

school-card-donut-1161256
2
/10
  • Theodore Potter School 74

  • 1601 E 10th St

  • 3.16 miles

  • Public District Grades KG-6

school-card-donut-1161257
4
/10
  • Ernie Pyle School 90

  • 3351 W 18th St

  • 6.89 miles

  • Public District Grades PK-6

Middle School

school-card-donut-1161258
3
/10
  • Rousseau Mc Clellan 91

  • 5111 Evanston Ave

  • 3.05 miles

  • Public Magnet Grades KG-8

school-card-donut-1161259
2
/10
  • H L Harshman Middle School

  • 1501 E 10th St

  • 3.23 miles

  • Public District Grades 7-8

school-card-donut-1161260
9
/10
  • Merle Sidener Gifted Academy

  • 2424 Kessler Boulevard East Dr

  • 3.91 miles

  • Public District Grades 2-8

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,718. The most common annual income of people living in Indianapolis, IN is between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3049 Wallace Ave

What is the listing price of this property?

The listing price of 3049 Wallace Ave property is $120,000.

What type of property is this?

The property 3049 Wallace Ave is a house located in Indianapolis, Indiana, 46218.

Is this property for sale now?

Active Listing: 3049 Wallace Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 3049 Wallace Ave are:
James Russell Lowell School 51: GreatSchools Rating 1/10
Theodore Potter School 74: GreatSchools Rating 2/10
Ernie Pyle School 90: GreatSchools Rating 4/10
Rousseau Mc Clellan 91: GreatSchools Rating 3/10
H L Harshman Middle School: GreatSchools Rating 2/10
Merle Sidener Gifted Academy: GreatSchools Rating 9/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $770 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 16, 2009 for $12,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 3049 Wallace Ave has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 3049 Wallace Ave is 925 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3049 Wallace Ave is 1955.

Rocket HomesIndianaMarion CountyIndianapolis462183049 Wallace Ave

This home is located at 3049 Wallace Ave in Indianapolis, IN and zip code 46218 in the Martindale / Brightwood neighborhood. This 925 square foot home, which was built in 1955, sits on a 0.14 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 12, 2024 and is currently priced at $120,000.

Over 225 listings were sold over their listed price in March 2024 in Indianapolis, IN. In the same period over 502 listings were sold below the listed price and 262 listings were sold for the listed price. In March 2024 in Indianapolis, IN there were 7.4% more homes for sale than in February 2024. In March 2024, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $239,776.

From Rocket Homes Real Estate and based on county public records data.

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