1214 Wallace Ave

2,860 Sq. Ft.
$30 / Sq. Ft.
2,860
Sq. Ft.
$30
per Sq. Ft.

Description

Investor Opportunity! Come and check out this rare opportunity on the east side of Little Flower! Boasting 1,542 sqft of living space and 1,318 sqft of unfinished basement to make your own. On a nice and quiet street and surrounded by an established neighborhood with mature trees. Opportunity awaits!Investor Opportunity! Come and check out this rare opportunity on the east side of Little Flower! Boasting 1,542 sqft of living space and 1,318 sqft of unfinished basement to make your own. On a nice and quiet street and surrounded by an established neighborhood with mature trees. Opportunity awaits!
  1. Listed by Ross Bemis • Maywright Property Co.

Property Details for 1214 Wallace Avenue

Architectural Style
Bungalow
Subdivision Name
Emerleigh
Township
Center
LISTING UPDATED: 07/15/2025 12:33 PM

Property Details for 1214 Wallace Avenue

StatusClosed
MLS #22045405
Days on Market5
Taxes$889 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1927
Lot Size0.14 AC / 6,098 SF
CountyMarion County

Location

Listing Courtesy of Maywright Property Co.

Sold By F.C. Tucker Company

Add your commute

Building Information for 1214 Wallace Avenue

Stories-Year Built1927Building Size-Lot Size0.14 AC / 6,098 SF

Payment Calculator

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OriginPoint Mortgage or Rocket Mortgage1

$562 per month

30 year fixed, 6.15% Interest

Principal and Interest

$414

Property Taxes

$148

HOA Dues

$0

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Property Information for 1214 Wallace Avenue

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46201
  • State Or Province: IN
Taxes and HOA Information
  • Attic YN: No
  • Parcel Number: 490733179091000101
  • Semi Annual Property Tax Amt: 889.21
  • Tax Exemption: None
  • Tax Year: 2024
  • TaxLot: 101
School Information
  • School District: Indianapolis Public Schools
Parking
  • Garage YN: No
Property
Lot Information
  • Acreage: <1/4 Acre
  • Lot Size Square Feet: 6120.0
  • Lot Size Acres: 0.14
  • Main Level SqFt: 1542
  • New Construction: False
  • Living SqFt: 0.0
  • Sqft Total: 1542.0
  • Sq Ft Total: 2860.0
  • Year Built Numeric: 1927
  • Below Grade Finished Area: 0.0
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • DPRYN: Yes
  • Legal Subdivision: EMERLIGH ADD L157
  • Photos Count: 1
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Transaction Type: Sale
  • Buyer Financing: Cash
  • Property Condition: Fixer
Utilities
  • Solid Waste: Yes
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Stone
  • Foundation Details: Block
  • Horse Amenities: None
Interior Features
  • Accessibility Features: No
  • Appliances: None
  • Basement Description: Full
  • Basement YN: Yes
  • Cooling: Central Air
  • Eating Area: Dining Combo/Family Room
  • Heating: Natural Gas
  • Interior Features: Attic Pull Down Stairs
  • Levels: One
  • Room List: Living Room, Dining Room, Kitchen, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4
  • Room and Features: Living Room-Main-Other, Dining Room-Main-Other, Kitchen-Main-Other, Primary Bedroom-Main-Other, Bedroom 2-Main-Other, Bedroom 3-Main-Other, Bedroom 4-Main-Other
  • Main Level Bedrooms: 4
  • Num Bedrooms Upper: 0
  • Num Bedrooms Basement: 0
  • Rooms Basement: 0
Room Information
Room Information
  • Rooms MU: 8
  • Rooms Total MU: 8
  • Total Rooms: 8
Room 1
  • Room Level: Main
  • Room Dimensions: 25x11
  • Room Features: Other
  • Room Type: Living Room
Room 2
  • Room Level: Main
  • Room Dimensions: 14x12
  • Room Features: Other
  • Room Type: Dining Room
Room 3
  • Room Level: Main
  • Room Dimensions: 12x12
  • Room Features: Other
  • Room Type: Kitchen
Room 4
  • Room Level: Main
  • Room Dimensions: 12x12
  • Room Features: Other
  • Room Type: Primary Bedroom
Room 5
  • Room Level: Main
  • Room Dimensions: 12x12
  • Room Features: Other
  • Room Type: Bedroom 2
Room 6
  • Room Level: Main
  • Room Dimensions: 12x12
  • Room Features: Other
  • Room Type: Bedroom 3
Room 7
  • Room Level: Main
  • Room Dimensions: 12x12
  • Room Features: Other
  • Room Type: Bedroom 4
Bathrooms
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms Total Count: 3
  • Full Baths Basement: 1
  • Full Baths Main: 2
  • Full Baths MU: 2
  • Full Baths Upper: 0
  • Half Baths Basement: 0
  • Half Baths Main: 0
  • Half Baths MU: 0
  • Half Baths Upper: 0
Bedrooms
  • Beds MU: 4
  • Bedrooms MU: 4
  • Bedrooms Total: 4

Property History for 1214 Wallace Avenue

DateEvent & SourcePriceAppreciation
Jul 14, 2025

Sold (Public Record)

Public Record #1911246654

$85,000—
Jul 14, 2025

Sold

MIBORMLS #22045405

$85,000—
Jun 20, 2025

Pending

MIBORMLS #22045405

—
Jun 16, 2025

Listed (Active)

MIBORMLS #22045405

$100,000—
DateEvent & SourcePrice
07/14/2025

Sold (Public Record)

Public Record #1911246654

$85,000
07/14/2025

Sold

MIBORMLS #22045405

$85,000
06/20/2025

Pending

MIBORMLS #22045405

—
06/16/2025

Listed (Active)

MIBORMLS #22045405

$100,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1214 Wallace Avenue

Taxable ValueLand$24,800Additions$149,500Total$174,300
Tax Record2024$1,778 ($148 / month)
Home Facts
Beds4Total Finished SqFt1,542 SqFtAbove Grade Finished SqFt1,542 SqFtStories1Lot Size6,098 SqFtStyleSingle Family ResidenceYear Built1927Year Renovated1969ZoningZO01CountyMARIONAPN49-07-33-179-091.000-101Fireplace TypeHas Fireplace

Schools near 1214 Wallace Avenue

This home is within Indianapolis Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - PK to 6
Public - PK to 6
Public - PK to 6
Rating
School
Distance
James Russell Lowell School 51
PublicPK to 6

Anna Brochhausen School 88
PublicPK to 6

Brookside School 54
PublicPK to 6

Thomas D. Gregg School 15
PublicPK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Maywright Property Co.

Based on information submitted to the MLS GRID as of 07/15/2025 12:33 PM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.