Great opportunity to build some equity with a little vision and a renovation budget! House can be lived in as it is, but could use some repairs and updates. The original 2 family dwelling floor plan has been converted to a HUGE 3 bed / 2 full bath SINGLE FAMILY home that could easily be a 4/5 bed, 3 full bath! Charming entry way with arched doorway; Formal dining room; Large living room with a bay window; Breakfast nook off the kitchen; Main level office could be the family room or easily converted to a 4th bedroom; Spacious, main level laundry room includes cabinetry and a folding counter; Sunroom behind the laundry features a skylight; Huge 2nd floor full bath could be converted back to 2 full bathrooms; Primary bedroom has 2 closets and a sitting room, it could be converted back to 2 separate bedrooms with the simple addition of a wall and 2nd entry door; Full, unfinished basement has daylight window; Carport and 2 driveways for lots of off street parking; Covered front porch and back deck plus a charming side yard surrounded by a privacy fence. Make this diamond in the rough your GEM of the neighborhood!
Sold
$160,000
614 Wallace Ave, Indianapolis, IN 46201
3beds
3,240sqft
Residential, Single Family Residence
Built in 1915
4,356 Square Feet Lot
$160,700 Zestimate®
$49/sqft
$1,589 Estimated rent
Home value
$160,700
$151,000 - $170,000
$1,589/mo
Zestimate® history
Owner options
List your home for rent
$1,589/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,589/mo
Rent Zestimate®
Refinance and save
$1,057/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$1,057/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Covered front porchBack deckFormal dining roomArched doorwayMain level office
Zillow last checked:
Listing updated:
Listed by:
Teresa Heffernan 317-496-9397,
Epique Inc,
Lora Reynolds 317-496-6291
Bought with:
Cynthia Bulat
eXp Realty, LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22089224
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
Primary bedroom
- Level: Upper
- Area: 273 Square Feet
- Dimensions: 26x10.5
Bedroom 2
- Level: Upper
- Area: 150 Square Feet
- Dimensions: 15x10
Bedroom 3
- Level: Upper
- Area: 110 Square Feet
- Dimensions: 11x10
Breakfast room
- Level: Main
- Area: 88 Square Feet
- Dimensions: 11x8
Dining room
- Level: Main
- Area: 143 Square Feet
- Dimensions: 13x11
Kitchen
- Level: Main
- Area: 104 Square Feet
- Dimensions: 13x8
Laundry
- Level: Main
- Area: 104 Square Feet
- Dimensions: 13x8
Living room
- Level: Main
- Area: 299 Square Feet
- Dimensions: 23x13
Office
- Level: Main
- Area: 156 Square Feet
- Dimensions: 13x12
Sun room
- Level: Main
- Area: 135 Square Feet
- Dimensions: 15x9
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dryer, Exhaust Fan, Gas Oven, Refrigerator, Washer
- Laundry: Main Level
Features
- Walk-In Closet(s)
- Windows: Wood Work Stained
- Basement: Daylight,Unfinished
Interior area
- Total structure area: 3,240
- Total interior livable area: 3,240 sqft
- Finished area below ground: 0
Property
Parking
- Parking features: Carport, Concrete
- Has carport: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Deck
- Fencing: Fenced,Privacy
Lot
- Size: 4,356 Square Feet
- Features: Sidewalks
Details
- Parcel number: 491004112088000101
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Aluminum Siding
- Foundation: Block
Condition
- Fixer
- New construction: No
- Year built: 1915
Utilities & green energy
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: No Subdivision
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $49/sqft
- Tax assessed value: $93,100
- Annual tax amount: $654
- Date on market: 3/15/2026
- Cumulative days on market: 9 days
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 5/14/2026 | Sold | $160,000$49/sqft |
Source:  MIBOR as distributed by MLS GRID #22089224 Report a problem | ||
| 3/23/2026 | Pending sale | $160,000$49/sqft |
Source: MIBOR as distributed by MLS GRID #22089224 Report a problem | ||
| 3/15/2026 | Listed for sale | $160,000$49/sqft |
Source: MIBOR as distributed by MLS GRID #22089224 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $654 +35.2% | $93,100 +8% |
| 2024 | $483 -15.7% | $86,200 +16.3% |
| 2023 | $574 +18.7% | $74,100 -4.1% |
| 2022 | $483 +8.2% | $77,300 +21% |
| 2021 | $447 +10.1% | $63,900 +7.8% |
| 2020 | $406 +8% | $59,300 +11.9% |
| 2019 | $376 +2.6% | $53,000 +11.1% |
| 2018 | $366 -8.3% | $47,700 +9.2% |
| 2017 | $399 +30.6% | $43,700 +6.8% |
| 2016 | $306 -6.4% | $40,900 -5.3% |
| 2014 | $327 -25.9% | $43,200 -13.4% |
| 2013 | $440 | $49,900 +0.2% |
| 2012 | $440 | $49,800 +27.7% |
| 2011 | -- | $39,000 |
| 2010 | $325 +10.7% | $39,000 |
| 2009 | $293 | $39,000 -6.3% |
| 2007 | -- | $41,600 |
Find assessor info on the county website
Neighborhood: Near Eastside
Nearby homes
- $85,1112 bd1 ba1.5k sqft610 Wallace Ave, Indianapolis, IN 46201Sold
- $222,6003 bd2 ba2.2k sqft622 Wallace Ave, Indianapolis, IN 46201Off Market
- $206,1003 bd1 ba2.7k sqft617 Carlyle Pl, Indianapolis, IN 46201Sold
- $155,0002 bd1 ba1.7k sqft611 Carlyle Pl, Indianapolis, IN 46201Sold
- $162,5002 bd2 ba2.2k sqft623 Carlyle Pl, Indianapolis, IN 46201Sold
- $145,5002 bd1 ba1.5k sqft619 Wallace Ave, Indianapolis, IN 46201Off Market
- $211,5003 bd1 ba2.1k sqft536 Wallace Ave, Indianapolis, IN 46201Off Market
- $200,0002 bd1 ba2.5k sqft611 Wallace Ave, Indianapolis, IN 46201Pending
Nearby schools
GreatSchools rating
- 3/10Ralph Waldo Emerson School 58Grades: PK-5Distance: 0.3 mi
- 5/10Arlington Community Middle SchoolGrades: 6-8Distance: 3.5 mi
- 1/10Arsenal Technical High SchoolGrades: 9-12Distance: 2.4 mi
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
$160,700
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
$160,700
- Indiana
- Marion County
- Indianapolis
- 46201
- Near Eastside
- 614 Wallace Ave
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Indianapolis Topics
