Updated 1 bedroom (120sq.ft), 1 bathroom duplex (796s.ft) in the quiet neighborhood of Little Flower in Indianapolis. 12 mins from Mass Avenue, 8 mins from Irvington, 4 mins from Community Hospital East. CVS, Kroger, and many other stores and restaurants are a couple blocks away. On bus route.
Amenities include: central air, central heat, hardwood floors, updated kitchen and high-end finishes, stainless steel appliances, gas stove, dishwasher, fridge, microwave, washer /dryer on main floor, basement, front porch, back yard with (shared) shed. Assigned parking space behind the home.
No Utilities included in rent (average monthly cost $165-$200; electric is separate for each unit, gas/water is shared between the two units).
Small, trained dogs allowed with an additional $250 initial fee and $20/month for each pet. $980/month rent. $980 security deposit required.
To qualify, you will need to not have an eviction in your record in the past 10 years; no unpaid rent or bills; no legal charges due to violence, drugs, or financial issues; income needs to be at least 3x the amount of rent or 2x the amount of rent, after taxes and debt payments. Housing Vouchers are not accepted. Renter's insurance is required. Any illegal activity is a lease violation and reason for eviction.
If you meet these qualifications, you may request a tour and submit an application; background and credit checks ($55) will be requested after application has been reviewed. Checks can be used for other application within 60 days.
This property is managed by a responsible landlord using Avail landlord software.
Sold for $199,000
$199,000
1227 Wallace Ave, Indianapolis, IN 46201
1beds
796sqft
Single Family Residence
Built in ----
-- sqft lot
$200,700 Zestimate®
$250/sqft
$884 Estimated rent
Home value
$200,700
$185,000 - $219,000
$884/mo
Zestimate® history
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$884/mo
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$884/mo
Rent Zestimate®
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List your homeWhat's special
Central airFront porchAssigned parking spaceHigh-end finishesQuiet neighborhoodUpdated kitchenStainless steel appliances
Zillow last checked:
Listing updated:
Source: Zillow Rentals
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Freezer, Microwave, Oven, Refrigerator, Washer
- Laundry: In Unit
Features
- Flooring: Hardwood
Interior area
- Total interior livable area: 796 sqft
Property
Parking
- Parking features: Off Street
- Details: Contact manager
Features
- Exterior features: Bicycle storage, Heating system: Forced Air, No Utilities included in rent
Details
- Parcel number: 490733179076000101
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Community & HOA
Community
- Deposit fee: $980
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $250/sqft
- Tax assessed value: $172,600
- Annual tax amount: $2,003
- Date on market: 10/8/2025
- Date available: 10/08/2025
- Lease term: 1 Year
Price history
| Date | Event | Price |
|---|---|---|
| 10/10/2025 | Listing removed | $980$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/9/2025 | Listed for rent | $980+98%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/17/2025 | Sold | $199,000+20.6%$250/sqft |
Source: Public Record Report a problem | ||
| 8/4/2022 | Sold | $165,000$207/sqft |
Source: | ||
| 6/28/2022 | Pending sale | $165,000$207/sqft |
Source: | ||
| 6/25/2022 | Listed for sale | $165,000+129.5%$207/sqft |
Source: | ||
| 3/31/2017 | Sold | $71,900-4%$90/sqft |
Source: | ||
| 3/31/2017 | Listed for sale | $74,900$94/sqft |
Source: CENTURY 21 Scheetz #21470729 Report a problem | ||
| 3/10/2017 | Pending sale | $74,900$94/sqft |
Source: CENTURY 21 Scheetz #21470729 Report a problem | ||
| 3/10/2017 | Listed for sale | $74,900$94/sqft |
Source: CENTURY 21 Scheetz #21470729 Report a problem | ||
| 1/28/2015 | Listing removed | $495$1/sqft |
Source: CENTURY 21 Scheetz #21328020 Report a problem | ||
| 12/11/2014 | Listed for rent | $495+4.2%$1/sqft |
Source: 96th Street #21328020 Report a problem | ||
| 1/23/2013 | Listing removed | $74,900$94/sqft |
Source: CENTURY 21 Scheetz #21139090 Report a problem | ||
| 6/10/2012 | Listed for sale | $74,900-6.3%$94/sqft |
Source: CENTURY 21 Scheetz #21139090 Report a problem | ||
| 6/1/2012 | Listing removed | $475$1/sqft |
Source: CENTURY 21 Scheetz #21139096 Report a problem | ||
| 9/3/2011 | Listed for rent | $475$1/sqft |
Source: CENTURY 21 Scheetz #21139096 Report a problem | ||
| 7/31/2010 | Listing removed | $79,900$100/sqft |
Source: CENTURY 21 Scheetz #2936403 Report a problem | ||
| 10/14/2009 | Listed for sale | $79,900$100/sqft |
Source: CENTURY 21 Scheetz #2936403 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,003 +17.9% | $172,600 +0.6% |
| 2024 | $1,699 +62% | $171,500 +12.8% |
| 2023 | $1,049 -57.6% | $152,100 +40.1% |
| 2022 | $2,474 +28.1% | $108,600 +1.3% |
| 2021 | $1,931 +8.6% | $107,200 +28.5% |
| 2020 | $1,778 +16.8% | $83,400 +10.8% |
| 2019 | $1,522 +21.5% | $75,300 +17.8% |
| 2018 | $1,253 +1.6% | $63,900 +14.1% |
| 2017 | $1,233 +6.2% | $56,000 +4.7% |
| 2016 | $1,161 -1.3% | $53,500 -1.7% |
| 2014 | $1,176 -10.2% | $54,400 -2.9% |
| 2013 | $1,310 | $56,000 -4.1% |
| 2012 | $1,310 | $58,400 +3% |
| 2011 | -- | $56,700 -6.4% |
| 2010 | $1,265 -2.4% | $60,600 |
| 2009 | $1,296 | $60,600 -17% |
| 2007 | -- | $73,000 -10.6% |
| 2003 | -- | $81,700 +202.6% |
| 2002 | -- | $27,000 +200% |
| 2001 | -- | $9,000 |
| 2000 | -- | $9,000 |
Find assessor info on the county website
Neighborhood: Near Eastside
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Nearby schools
GreatSchools rating
- 4/10Brookside School 54Grades: PK-5Distance: 1.3 mi
- 5/10Arlington Community Middle SchoolGrades: 6-8Distance: 3.5 mi
- 1/10Arsenal Technical High SchoolGrades: 9-12Distance: 2.5 mi
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Estimated market value
$200,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$200,700
- Indiana
- Marion County
- Indianapolis
- 46201
- Near Eastside
- 1227 Wallace Ave