This home has the kind of potential that's hard to overlook, offering a solid foundation and space to make it your own. From the moment you arrive, you'll notice the opportunity to add your personal touch and create something special. Whether you're looking for your next project or a place to settle in and build equity, this one is worth a closer look. Built in 1949, this single-level home offers 1,045 square feet of living space with a combination of block and vinyl exterior for durability. Inside, you'll find 2 bedrooms on the main level along with a full bath, plus an additional full bathroom in the basement for added convenience. Metal and vinyl windows provide functionality, while the layout offers flexibility to suit your needs. A 2-car detached garage completes the property, adding valuable storage and parking space.
Sold
$139,500
3722 Wallace Ave, Indianapolis, IN 46218
2beds
1,820sqft
Residential, Single Family Residence
Built in 1949
6,534 Square Feet Lot
$140,000 Zestimate®
$77/sqft
$1,452 Estimated rent
Home value
$140,000
$133,000 - $147,000
$1,452/mo
Zestimate® history
Owner options
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$1,452/mo
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$1,452/mo
Rent Zestimate®
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$922/mo
Est. payment
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$922/mo
Est. payment
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List your homeWhat's special
Single-level home
Zillow last checked:
Listing updated:
Listed by:
Terry Young 765-335-1905,
Red Bridge Real Estate
Bought with:
Tamika Patterson
BLK Key Realty
Source: MIBOR as distributed by MLS GRID,MLS#: 22097020
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
- Area: 143 Square Feet
- Dimensions: 11x13
Bedroom 2
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10x10
Family room
- Level: Main
- Area: 250 Square Feet
- Dimensions: 10x25
Kitchen
- Level: Main
- Area: 168 Square Feet
- Dimensions: 12x14
Living room
- Level: Main
- Area: 187 Square Feet
- Dimensions: 11x17
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Microwave, Electric Oven, Refrigerator
Features
- Windows: WoodWorkStain/Painted
- Has basement: Yes
Interior area
- Total structure area: 1,820
- Total interior livable area: 1,820 sqft
- Finished area below ground: 193
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
Lot
- Size: 6,534 Square Feet
Details
- Parcel number: 490721136209000101
- Special conditions: As Is
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Residential, Single Family Residence
Materials
- Vinyl Siding, Other
- Foundation: Block, Full
Condition
- New construction: No
- Year built: 1949
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: Forest Manor
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $77/sqft
- Tax assessed value: $120,300
- Annual tax amount: $822
- Date on market: 4/21/2026
- Cumulative days on market: 11 days
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2026 | Sold | $139,500-4.9%$77/sqft |
Source:  MIBOR as distributed by MLS GRID #22097020 Report a problem | ||
| 5/1/2026 | Pending sale | $146,700$81/sqft |
Source: MIBOR as distributed by MLS GRID #22097020 Report a problem | ||
| 4/21/2026 | Listed for sale | $146,700+54.4%$81/sqft |
Source: MIBOR as distributed by MLS GRID #22097020 Report a problem | ||
| 4/17/2026 | Sold | $95,000$52/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $822 -12.7% | $120,300 +25.3% |
| 2024 | $941 -15.3% | $96,000 -9.2% |
| 2023 | $1,112 +133.4% | $105,700 -5.8% |
| 2022 | $476 +6.6% | $112,200 +50.6% |
| 2021 | $447 +11.5% | $74,500 +5.1% |
| 2020 | $401 +0.6% | $70,900 +11% |
| 2019 | $398 +8.9% | $63,900 +2.9% |
| 2018 | $366 -9.8% | $62,100 +3.8% |
| 2017 | $406 +19.4% | $59,800 |
| 2016 | $340 +12.7% | $59,800 +13.3% |
| 2014 | $301 -18.4% | $52,800 |
| 2013 | $369 | $52,800 -5.2% |
| 2012 | $369 | $55,700 +1.3% |
| 2011 | -- | $55,000 |
| 2010 | $339 +11.4% | $55,000 |
| 2009 | $304 | $55,000 -23.4% |
| 2007 | -- | $71,800 +10.5% |
| 2006 | -- | $65,000 +4.2% |
| 2005 | -- | $62,400 |
| 2004 | -- | $62,400 |
| 2003 | -- | $62,400 +110.8% |
| 2002 | -- | $29,600 +199.9% |
| 2001 | -- | $9,870 |
| 2000 | -- | $9,870 |
Find assessor info on the county website
Neighborhood: Forest Manor
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Nearby schools
GreatSchools rating
- 3/10James Russell Lowell School 51Grades: PK-5Distance: 1.9 mi
- 5/10Arlington Community Middle SchoolGrades: 6-8Distance: 4.8 mi
- 2/10Shortridge High SchoolGrades: 9-12Distance: 3.5 mi
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Estimated market value
$140,000
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Estimated market value
$140,000
- Indiana
- Marion County
- Indianapolis
- 46218
- Forest Manor
- 3722 Wallace Ave
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