Discover the potential awaiting at 3107 Wallace AVE, INDIANAPOLIS, IN. This single-family residence, nestled in a desirable location, presents an exciting opportunity to create the home of your dreams. Beautiful home includes new roof, furnance and A/C unit and water heater! Three bedrooms offer flexible possibilities, whether envisioned as peaceful retreats or dynamic spaces for hobbies and interests. The full bathroom provides essential functionality, ready to be personalized to your taste. The 1009 square feet of living area presents a canvas for your imagination, ready to be transformed into inviting spaces for relaxation and entertainment. Outside, the 6011 square feet lot provides ample room for gardening, recreation, or simply enjoying the outdoors. Built in 1956, this single-story home offers a unique opportunity to own a piece of INDIANAPOLIS history. Embrace the chance to reimagine this INDIANAPOLIS property, making it your perfect haven.
Sold
$150,000
3107 Wallace Ave, Indianapolis, IN 46218
3beds
1,009sqft
Residential, Single Family Residence
Built in 1956
6,098 Square Feet Lot
$151,100 Zestimate®
$149/sqft
$1,301 Estimated rent
Home value
$151,100
$139,000 - $163,000
$1,301/mo
Zestimate® history
Owner options
List your home for rent
$1,301/mo
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$1,301/mo
Rent Zestimate®
Refinance and save
$996/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$996/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Steve Shobe 317-695-2308,
Shobe & Boards Co., REALTORS
Bought with:
Elizabeth Ramirez
eXp Realty, LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22055806
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 3
Primary bedroom
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12x12
Bedroom 2
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12x12
Bedroom 3
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12x12
Dining room
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10x10
Kitchen
- Features: Tile-Ceramic
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10x10
Living room
- Level: Main
- Area: 204 Square Feet
- Dimensions: 17x12
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Gas Oven, Range Hood
- Laundry: Connections All, Laundry Closet
Features
- Attic Access, Ceiling Fan(s), Vaulted Ceiling(s)
- Has basement: No
- Attic: Access Only
Interior area
- Total structure area: 1,009
- Total interior livable area: 1,009 sqft
Property
Parking
- Total spaces: 1
- Parking features: Detached
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Screened
- Fencing: Fenced,Full,Privacy
Lot
- Size: 6,098 Square Feet
Details
- Parcel number: 490721119071000101
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Brick, Vinyl Siding
- Foundation: Crawl Space
Condition
- New construction: No
- Year built: 1956
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: Glicks Arthington Blvd Add
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $149/sqft
- Tax assessed value: $89,000
- Annual tax amount: $278
- Date on market: 8/9/2025
- Cumulative days on market: 8 days
Price history
| Date | Event | Price |
|---|---|---|
| 9/15/2025 | Sold | $150,000$149/sqft |
Source:  MIBOR as distributed by MLS GRID #22055806 Report a problem | ||
| 8/18/2025 | Pending sale | $150,000$149/sqft |
Source: MIBOR as distributed by MLS GRID #22055806 Report a problem | ||
| 8/9/2025 | Listed for sale | $150,000$149/sqft |
Source: MIBOR as distributed by MLS GRID #22055806 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $279 -9% | $89,000 +9.6% |
| 2024 | $306 -6.3% | $81,200 |
| 2023 | $327 +470.8% | $81,200 +4.1% |
| 2022 | $57 | $78,000 +57.3% |
| 2021 | -- | $49,600 +44.2% |
| 2020 | -- | $34,400 +6.5% |
| 2019 | -- | $32,300 +16.6% |
| 2018 | $32 -64.3% | $27,700 +9.5% |
| 2017 | $90 +51.9% | $25,300 |
| 2016 | $59 | $25,300 +10% |
| 2014 | $59 | $23,000 -26.8% |
| 2013 | $59 | $31,400 +1.9% |
| 2012 | -- | $30,800 -2.5% |
| 2011 | -- | $31,600 |
| 2010 | -- | $31,600 |
| 2009 | -- | $31,600 -31.6% |
| 2007 | -- | $46,200 +18.2% |
| 2006 | -- | $39,100 +4.3% |
| 2005 | -- | $37,500 |
| 2004 | -- | $37,500 |
| 2003 | -- | $37,500 +96.3% |
| 2002 | -- | $19,100 +199.8% |
| 2001 | -- | $6,370 |
| 2000 | -- | $6,370 |
Find assessor info on the county website
Neighborhood: Martindale-Brightwood
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Nearby schools
GreatSchools rating
- 3/10James Russell Lowell School 51Grades: PK-5Distance: 1.3 mi
- 5/10Arlington Community Middle SchoolGrades: 6-8Distance: 4.3 mi
- 1/10Arsenal Technical High SchoolGrades: 9-12Distance: 3.5 mi
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Estimated market value
$151,100
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
$151,100
- Indiana
- Marion County
- Indianapolis
- 46218
- Martindale-Brightwood
- 3107 Wallace Ave
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