Welcome Home to 2127 Wallace Ave! Your spacious two bedroom bungalow has been fully restored and is move-in ready! BRAND NEW Furnace/Central AC just installed!! From the light and bright three season porch to the fenced back yard and oversized garage with loft in the back, this home has room to spare and share. Beautiful, low maintenance solid bamboo plank flooring throughout the main level. The large eat in kitchen has newer SS appliances, a main floor laundry area, plenty of windows. and all the cabinet space you'll ever need! The remodeled bathroom with vinyl plank flooring is HUGE with a walk-in closet plus two other closets. Interior had been fully painted. The spacious and dry basement has loads of storage and room to add/move laundry. The oversized garage has a loft for even more storage, and a fenced back yard for the kids and pups! Home is on a quiet, dead end, wide street with plenty of off street parking. Situated conveniently near Emerson Avenue, your just a few minutes from I-70, downtown, Pogues Run Art and Nature Park, Community East Hospital, and Brookside Park! Sewer line cleanout installed and repairs made for peace of mind. Don't miss this great value!!
Sold
$151,000
2127 Wallace Ave, Indianapolis, IN 46218
2beds
1,480sqft
Residential, Single Family Residence
Built in 1923
6,969 Square Feet Lot
$153,000 Zestimate®
$102/sqft
$1,155 Estimated rent
Home value
$153,000
$142,000 - $165,000
$1,155/mo
Zestimate® history
Owner options
List your home for rent
$1,155/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,155/mo
Rent Zestimate®
Refinance and save
$1,003/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$1,003/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Fenced yardLaundry areaSpacious and dry basementLoads of storage shelvesEat in kitchenNew ss appliancesGiant utility sink
Zillow last checked:
Listing updated:
Listed by:
Gregory Hillman 317-997-8089,
Carpenter, REALTORS®
Bought with:
Traci Bringle
CENTURY 21 Scheetz
Source: MIBOR as distributed by MLS GRID,MLS#: 22053189
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
- Area: 132 Square Feet
- Dimensions: 12x11
Bedroom 2
- Level: Main
- Area: 121 Square Feet
- Dimensions: 11x11
Dining room
- Level: Main
- Area: 176 Square Feet
- Dimensions: 16x11
Kitchen
- Level: Main
- Area: 168 Square Feet
- Dimensions: 14x12
Living room
- Level: Main
- Area: 176 Square Feet
- Dimensions: 16x11
Mud room
- Level: Main
- Area: 84 Square Feet
- Dimensions: 7x12
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Disposal, Gas Water Heater, Gas Oven, Range Hood, Refrigerator, Washer
Features
- Attic Access, Built-in Features, Ceiling Fan(s), Hardwood Floors, Eat-in Kitchen, Smart Thermostat, Walk-In Closet(s)
- Flooring: Hardwood
- Windows: WoodWorkStain/Painted
- Basement: Partial
- Attic: Access Only
Interior area
- Total structure area: 1,480
- Total interior livable area: 1,480 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Asphalt, Detached, Storage
- Garage spaces: 1
- Details: Garage Parking Other(Guest Street Parking)
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Glass Enclosed
- Exterior features: Gutter Guards
- Fencing: Fenced,Partial
Lot
- Size: 6,969 Square Feet
- Features: Street Lights, Mature Trees
Details
- Parcel number: 490728122037000101
- Special conditions: Broker Owned
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Residential, Single Family Residence
Materials
- Vinyl Siding
- Foundation: Block
Condition
- New construction: No
- Year built: 1923
Utilities & green energy
- Electric: 200+ Amp Service
- Water: Public
Community & HOA
Community
- Subdivision: Shearers E 21st St Add
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $102/sqft
- Tax assessed value: $130,100
- Annual tax amount: $2,804
- Date on market: 8/8/2025
- Cumulative days on market: 63 days
Price history
| Date | Event | Price |
|---|---|---|
| 12/5/2025 | Sold | $151,000+0.7%$102/sqft |
Source:  MIBOR as distributed by MLS GRID #22053189 Report a problem | ||
| 11/10/2025 | Pending sale | $149,900$101/sqft |
Source: MIBOR as distributed by MLS GRID #22053189 Report a problem | ||
| 11/7/2025 | Price change | $149,900-3.2%$101/sqft |
Source: MIBOR as distributed by MLS GRID #22053189 Report a problem | ||
| 11/4/2025 | Price change | $154,900-0.7%$105/sqft |
Source: MIBOR as distributed by MLS GRID #22053189 Report a problem | ||
| 10/28/2025 | Price change | $156,000-0.6%$105/sqft |
Source: MIBOR as distributed by MLS GRID #22053189 Report a problem | ||
| 9/27/2025 | Listed for sale | $156,900$106/sqft |
Source: MIBOR as distributed by MLS GRID #22053189 Report a problem | ||
| 9/22/2025 | Pending sale | $156,900$106/sqft |
Source: MIBOR as distributed by MLS GRID #22053189 Report a problem | ||
| 9/8/2025 | Listed for sale | $156,900$106/sqft |
Source: MIBOR as distributed by MLS GRID #22053189 Report a problem | ||
| 8/17/2025 | Pending sale | $156,900$106/sqft |
Source: MIBOR as distributed by MLS GRID #22053189 Report a problem | ||
| 8/9/2025 | Listed for sale | $156,900+96.1%$106/sqft |
Source: MIBOR as distributed by MLS GRID #22053189 Report a problem | ||
| 5/2/2025 | Sold | $80,000+90.5%$54/sqft |
Source: Public Record Report a problem | ||
| 10/14/2016 | Sold | $41,999-15.8%$28/sqft |
Source: MIBOR as distributed by MLS GRID #21424470 Report a problem | ||
| 7/13/2016 | Price change | $49,900-9.1%$34/sqft |
Source: Everhart Studio, Ltd. #21424470 Report a problem | ||
| 6/16/2016 | Listed for sale | $54,900$37/sqft |
Source: Everhart Studio, Ltd. #21424470 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,677 +4% | $130,100 +15.3% |
| 2024 | $2,574 -2.7% | $112,800 +4% |
| 2023 | $2,644 +15.9% | $108,500 -3.1% |
| 2022 | $2,282 +37.6% | $112,000 +13.2% |
| 2021 | $1,658 +9.1% | $98,900 +38.1% |
| 2020 | $1,520 +7.6% | $71,600 +11.2% |
| 2019 | $1,413 +12.6% | $64,400 +8.6% |
| 2018 | $1,255 +3.4% | $59,300 +3% |
| 2017 | $1,213 +6% | $57,600 +7.9% |
| 2016 | $1,145 +4135.6% | $53,400 +3.3% |
| 2014 | $27 -11.2% | $51,700 -3.7% |
| 2013 | $30 | $53,700 -2.2% |
| 2012 | $30 | $54,900 +5.4% |
| 2011 | -- | $52,100 |
| 2010 | $29 +1.9% | $52,100 |
| 2009 | $29 | $52,100 +2.4% |
| 2007 | -- | $50,900 -28.3% |
| 2006 | -- | $71,000 +41.2% |
| 2005 | -- | $50,300 |
| 2004 | -- | $50,300 |
| 2003 | -- | $50,300 +256.7% |
| 2002 | -- | $14,100 +200% |
| 2001 | -- | $4,700 +0.6% |
| 2000 | -- | $4,670 |
Find assessor info on the county website
Neighborhood: Near Eastside
Nearby homes
- $159,0002 bd1 ba864 sqft2135 Wallace Ave, Indianapolis, IN 46218Sold
- $106,2003 bd1 ba-- sqft2125 Wallace Ave, Indianapolis, IN 46218Off Market
- $124,5002 bd2 ba1.1k sqft2123 Wallace Ave, Indianapolis, IN 46218Off Market
- $181,8003 bd3 ba1.3k sqft2141 Wallace Ave, Indianapolis, IN 46218Off Market
- $105,0002 bd1 ba876 sqft2126 N Dequincy St, Indianapolis, IN 46218Off Market
- $109,7002 bd-- ba936 sqft2128 N Dequincy St, Indianapolis, IN 46218Off Market
- $6,6002 bd-- ba816 sqft2118 Wallace Ave, Indianapolis, IN 46218Off Market
- $6,6002 bd-- ba768 sqft2120 Wallace Ave, Indianapolis, IN 46218Off Market
Nearby schools
GreatSchools rating
- 2/10Arlington Woods School 99Grades: PK-6Distance: 1.4 mi
- 5/10Arlington Community Middle SchoolGrades: 6-8Distance: 3.8 mi
- 1/10Arsenal Technical High SchoolGrades: 9-12Distance: 2.8 mi
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
$153,000
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
$153,000
- Indiana
- Marion County
- Indianapolis
- 46218
- Near Eastside
- 2127 Wallace Ave
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Indianapolis Topics
