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Off market
  • $98,100

    3371 Wallace Ave, Indianapolis, IN 46218

    2beds
    1,200sqft
    SingleFamily
    Built in 1948
    6,708 Square Feet Lot
    $98,100 Zestimate®
    $82/sqft
    $1,160 Estimated rent

    Home value

    $98,100

    $77,000 - $121,000

    $1,160/mo

    Zestimate® history
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    Rent Zestimate®

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    $493/mo

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    $493/mo

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    What's special

    This property is move-in ready and currently occupied on a month to month basis. It's had several major upgrades to it, including, but not limited to the roof being totally redone. The property does not need any major repairs. Current Rent: $740 (increase submitted to $930) Market Rent: $1,050-$1,200/month Asking Price: $113,400 ARV: $217,333 Highlights: Renovated 2022: Roof, HVAC, flooring, subfloor, plumbing, windows Tenant is M2M (Section 8) Potential Value Add: Minor cosmetic updates, garage-to-ADU conversion Restructuring shared utilities could increase ROI and valuation For more info or to make an offer: 317-610-9834 Once an offer is submitted- POF may be requested.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Other
    Cooling
    • Central
    Appliances
    • Included: Refrigerator
    Interior area
    • Total interior livable area: 1,200 sqft

    Property

    Parking
    • Parking features: Garage - Detached
    Lot
    • Size: 6,708 Square Feet
    Details
    • Parcel number: 490721127228000101

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Frame
    • Roof: Asphalt
    Condition
    • Year built: 1948

    Community & HOA

    Location
    • Region: Indianapolis

    Financial & listing details

    • Price per square foot: $82/sqft
    • Tax assessed value: $60,200
    • Annual tax amount: $1,236

    Price history

    DateEventPrice
    7/7/2025Listing removed--
    Source: Owner Report a problem
    6/20/2025Price change$113,500-1.7%$95/sqft
    Source: Owner Report a problem
    5/27/2025Listed for sale$115,500+10%$96/sqft
    Source: Owner Report a problem
    9/30/2023Listing removed--
    Source: MIBOR as distributed by MLS GRID #21925628 Report a problem
    6/7/2023Listed for sale$105,000+251.2%$88/sqft
    Source: MIBOR as distributed by MLS GRID #21925628 Report a problem
    8/24/2019Listing removed$725$1/sqft
    Source: niX Capital Holdings LLC Report a problem
    8/2/2019Listed for rent$725+11.5%$1/sqft
    Source: niX Capital Holdings LLC Report a problem
    1/17/2019Sold$29,900+42.4%$25/sqft
    Source: Public Record Report a problem
    2/13/2018Sold$21,000$18/sqft
    Source: Public Record Report a problem
    11/17/2011Listing removed$650$1/sqft
    Source: RealRentals.com Report a problem
    10/7/2011Price change$650+18.2%$1/sqft
    Source: RealRentals.com Report a problem
    9/14/2011Listed for rent$550
    Source: RealRentals.com Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,236 -3.7%$60,200 +15.5%
    2024$1,283 -4.3%$52,100 -3.7%
    2023$1,341 +38.7%$54,100 -4.8%
    2022$967 +36%$56,800 +35.6%
    2021$711 +2.4%$41,900 +36.5%
    2020$694 +20.9%$30,700 +4.4%
    2019$574 +10.4%$29,400 +22%
    2018$520 -49.3%$24,100 +6.2%
    2017$1,025 +126.8%$22,700 +3.7%
    2016$452 +5.2%$21,900 +9%
    2014$430 +80.6%$20,100 -10.7%
    2013$238 $22,500 -43.8%
    2012$238 $40,000 +1.5%
    2011-- $39,400
    2010$217 +11.4%$39,400
    2009$195 $39,400
    2007-- $39,400 +23.9%
    2006-- $31,800 +3.9%
    2005-- $30,600
    2004-- $30,600
    2003-- $30,600 +72.9%
    2002-- $17,700 +200%
    2001-- $5,900
    2000-- $5,900
    Find assessor info on the county website

    Neighborhood: Martindale-Brightwood

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $98,100
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    Estimated market value
    $98,100