Make an appointment to see this classic two story duplex in the historic Bosart Brown neighborhood. Located just blocks away from Irvington and just a few miles from downtown Indianapolis, this duplex features recent updates which include a new roof and chimney replacement in 2024, new furnaces in both the 405 and 407 side in 2020 and 2021, major electrical upgrades in October of 2023, and all new siding in 2020. The doors and baseboards on the 405 side have been recently painted in 2026. Each side of the duplex has a full basement for storage and laundry hookups. Both sides include original hardwood floors which have been refinished and large dining and living room areas on the main floor. The upstairs part of the duplex have updated bathrooms and nice sized bedrooms with classic hardwood flooring. There is a one car garage that is located off of the back alley that the tenant in 407 Wallace pays extra in rent for usage.
Active
$189,900
405 Wallace Ave, Indianapolis, IN 46201
4beds
2baths
--sqft
Multi Family, Duplex
Built in 1920
-- sqft lot
$185,500 Zestimate®
$--/sqft
$-- HOA
What's special
All new sidingNew furnacesUpdated bathroomsMajor electrical upgradesNew roof
- 17 days |
- 560 |
- 61 |
Zillow last checked:
Listing updated:
Listed by:
Michael Carter 317-966-3483,
RE/MAX Advanced Realty
Source: MIBOR as distributed by MLS GRID,MLS#: 22110873
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Main level bathrooms: 4
Heating
- Forced Air
Cooling
- Separate Meters, Window Unit(s)
Appliances
- Laundry: In Basement
Features
- Basement: Daylight,Storage Space
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
- Details: Unit Parking(1 Car Garage)
Features
- Levels: Two
- Stories: 2
Lot
- Size: 6,534 Square Feet
- Features: Not In Subdivision, Sidewalks, Street Lights, Mature Trees
Details
- Parcel number: 491004144054000101
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Craftsman
- Property subtype: Multi Family, Duplex
Materials
- Vinyl With Brick
- Foundation: Block
- Roof: Shingle
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1920
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Layman & Careys Irvington Park Add
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $80,400
- Annual tax amount: $1,806
- Date on market: 7/1/2026
- Cumulative days on market: 18 days
- Tenant pays: Electricity, Garage Available, Gas, Insurance, Water
Estimated market value
$185,500
$176,000 - $195,000
$1,245/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/1/2026 | Listed for sale | $189,900+1.1% |
Source:  MIBOR as distributed by MLS GRID #22110873 Report a problem | ||
| 2/6/2025 | Listing removed | $875 |
Source: Zillow Rentals Report a problem | ||
| 1/29/2025 | Listed for rent | $875+20.7% |
Source: Zillow Rentals Report a problem | ||
| 1/23/2025 | Listing removed | $187,900 |
Source: MIBOR as distributed by MLS GRID #21992286 Report a problem | ||
| 9/25/2024 | Pending sale | $187,900 |
Source: MIBOR as distributed by MLS GRID #21992286 Report a problem | ||
| 8/20/2024 | Price change | $187,900-6% |
Source: MIBOR as distributed by MLS GRID #21992286 Report a problem | ||
| 7/28/2024 | Listed for sale | $199,900+170.1% |
Source: MIBOR as distributed by MLS GRID #21992286 Report a problem | ||
| 5/3/2022 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
| 4/14/2022 | Listed for rent | $725+7.4% |
Source: Zillow Rental Network Premium Report a problem | ||
| 11/21/2020 | Listing removed | $675 |
Source: PMI Indianapolis Report a problem | ||
| 11/16/2020 | Price change | $675-6.9% |
Source: PMI Indianapolis Report a problem | ||
| 11/4/2020 | Listed for rent | $725+11.5% |
Source: PMI Indianapolis Report a problem | ||
| 6/2/2020 | Sold | $74,000-26% |
Source: Agent Provided Report a problem | ||
| 3/23/2020 | Pending sale | $99,990 |
Source: MIBOR REALTOR Association #21679108 Report a problem | ||
| 12/6/2019 | Price change | $99,990-6.6% |
Source: MIBOR REALTOR Association #21679108 Report a problem | ||
| 11/15/2019 | Price change | $107,000-4.5% |
Source: MIBOR REALTOR Association #21679108 Report a problem | ||
| 11/1/2019 | Listed for sale | $112,000+51.4% |
Source: MIBOR REALTOR Association #21679108 Report a problem | ||
| 6/6/2019 | Listing removed | $650 |
Source: UrbanHaus Property Group, LLC Report a problem | ||
| 5/8/2019 | Price change | $650-23.5% |
Source: UrbanHaus Property Group, LLC Report a problem | ||
| 4/29/2019 | Listed for rent | $850 |
Source: UrbanHaus Property Group, LLC Report a problem | ||
| 5/9/2018 | Sold | $74,000+13% |
Source: Public Record Report a problem | ||
| 2/2/2018 | Sold | $65,500+227.5% |
Source: Public Record Report a problem | ||
| 11/28/2017 | Sold | $20,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,806 -5.4% | $80,400 +5.7% |
| 2024 | $1,909 +2.3% | $76,100 -5.5% |
| 2023 | $1,866 -18.9% | $80,500 -31.4% |
| 2022 | $2,302 +289.9% | $117,300 +17.1% |
| 2021 | $591 -1.1% | $100,200 +292.9% |
| 2020 | $597 -0.9% | $25,500 +0.8% |
| 2019 | $603 +10.4% | $25,300 |
| 2018 | $546 -15.1% | $25,300 +11.5% |
| 2017 | $643 +20.2% | $22,700 -12% |
| 2016 | $535 +9.5% | $25,800 +14.2% |
| 2014 | $489 -32.8% | $22,600 -30.9% |
| 2013 | $727 | $32,700 +1.6% |
| 2012 | $727 | $32,200 -31.5% |
| 2011 | -- | $47,000 |
| 2010 | $1,007 -2% | $47,000 |
| 2009 | $1,027 | $47,000 +94.2% |
| 2007 | -- | $24,200 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Near Eastside
Nearby schools
GreatSchools rating
- 3/10Ralph Waldo Emerson School 58Grades: PK-5Distance: 0.2 mi
- 5/10Arlington Community Middle SchoolGrades: 6-8Distance: 3.5 mi
- 1/10Arsenal Technical High SchoolGrades: 9-12Distance: 2.5 mi
- $--2 bd1 ba600 sqft403 Wallace Ave, Indianapolis, IN 46201Off Market
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A local agent can set up tours, give advice and negotiate with sellers.
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