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Sold
  • $175,000

    502 Wallace Ave, Indianapolis, IN 46201

    2beds
    2,174sqft
    Residential, Single Family Residence
    Built in 1920
    4,791.6 Square Feet Lot
    $192,500 Zestimate®
    $80/sqft
    $1,132 Estimated rent

    Home value

    $192,500

    $179,000 - $206,000

    $1,132/mo

    Zestimate® history
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    What's special

    New soffitNew garageOriginal hardwood floorsNew water heaterFantastic front porchBuilt ins
    Terrific, well-maintained charmer in a great location! A fantastic front porch welcomes you as you enter into the open main level! Enjoy beautiful, original hardwood floors and built ins! Kitchen with all appliances included! Downstairs is an open, unfinished basement for more storage, workshop, or much more! Outside it's a new garage, new cement board lap siding, new soffit and fascia! Plus a new water heater, and updated electrical [knob and tube removed]! It's a real gem, at a great price--don't miss it!

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Terry Waggoner 317-407-6045,

    Ferris Property Group

    Bought with:

    Kelsey Childers

    Fathom Realty

    Source: MIBOR as distributed by MLS GRID,MLS#: 21936882MLS Logo

    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: 168 Square Feet
    • Dimensions: 14x12
    Bedroom 2
    • Level: Main
    • Area: 132 Square Feet
    • Dimensions: 12x11
    Bonus room
    • Features: Vinyl
    • Level: Main
    • Area: 49 Square Feet
    • Dimensions: 7x7
    Dining room
    • Features: Hardwood
    • Level: Main
    • Area: 168 Square Feet
    • Dimensions: 14x12
    Kitchen
    • Features: Vinyl
    • Level: Main
    • Area: 130 Square Feet
    • Dimensions: 13x10
    Living room
    • Features: Hardwood
    • Level: Main
    • Area: 195 Square Feet
    • Dimensions: 15x13
    Heating
    • Forced Air
    Cooling
    • Has cooling: Yes
    Appliances
    • Included: Electric Oven, Refrigerator
    Features
    • Bookcases
    • Has basement: Yes
    Interior area
    • Total structure area: 2,174
    • Total interior livable area: 2,174 sqft
    • Finished area below ground: 135

    Property

    Parking
    • Total spaces: 1
    • Parking features: Detached
    • Garage spaces: 1
    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 4,791 sqft
    Details
    • Parcel number: 491004112048000101

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Residential, Single Family Residence
    Materials
    • Vinyl With Brick
    • Foundation: Block
    Condition
    • New construction: No
    • Year built: 1920

    Utilities & green energy

    • Water: Municipal/City

    Community & neighborhood

    Location
    • Region: Indianapolis
    • Subdivision: Emerson Heights

    Price history

    DateEventPrice
    10/20/2023Sold$175,000-2.7%$80/sqft
    Source: MIBOR as distributed by MLS GRID #21936882 Report a problem
    9/8/2023Pending sale$179,900$83/sqft
    Source: MIBOR as distributed by MLS GRID #21936882 Report a problem
    8/17/2023Price change$179,900-2.7%$83/sqft
    Source: MIBOR as distributed by MLS GRID #21936882 Report a problem
    8/9/2023Listed for sale$184,900+164.1%$85/sqft
    Source: MIBOR as distributed by MLS GRID #21936882 Report a problem
    1/11/2016Sold$70,000+191.7%$32/sqft
    Source: Public Record Report a problem
    1/26/2010Sold$24,000$11/sqft
    Source: MIBOR as distributed by MLS GRID #2961565 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,923 +36%$183,300 +11.1%
    2024$1,414 -10.5%$165,000 +22.5%
    2023$1,580 +28.1%$134,700 -1.3%
    2022$1,233 +7.9%$136,500 +23.8%
    2021$1,143 +18%$110,300 +4.4%
    2020$968 +40.9%$105,700 +10.6%
    2019$687 +27.7%$95,600 +19.6%
    2018$538 +4.1%$79,900 +9.2%
    2017$517 -65.7%$73,200 +8.4%
    2016$1,507 +4.3%$67,500 +1%
    2014$1,444 -10.3%$66,800 -2.2%
    2013$1,611 $68,300 -4.9%
    2012$1,611 $71,800 +10.8%
    2011-- $64,800
    2010$41 +11.4%$64,800
    2009$37 $64,800 -12.3%
    2007-- $73,900 +19%
    2006-- $62,100 +7.6%
    2005-- $57,700
    2004-- $57,700
    2003-- $57,700 +180.1%
    2002-- $20,600 +200.3%
    2001-- $6,860
    2000-- $6,860

    Find assessor info on the county website

    Neighborhood: Near Eastside

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $192,500
    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
    $192,500