Discover this charming 3-bedroom, 1-bath home in Emerson Heights, offering 2,158 square feet. The front stone patio offers an excellent space for additional outdoor living! The covered Craftsman-style front porch is cozy and inviting, welcoming you and guests to your new home. Enjoy the original hardwood floors throughout the main level, for that added timeless character. The private upper master bedroom includes multiple closets, providing a large storage capacity, not typically found in homes of this era. The dining room showcases a built-in glass-front cabinet that elevates everyday meals with a touch of history. The kitchen stands out with high ceilings and full walls of cabinetry, delivering abundant storage and a bright, open feel. The full, unfinished basement opens up exciting possibilities, including a potential dog-wash station and a dedicated woodworking area for hobbies and projects. Or just enjoy the extra storage space. The back outdoor living area and yard is an absolute dream! With a large elevated deck for sun & fun and a covered patio for those rainy days! And with the 6' fully fence back yard, you have total privacy with no worry of disrupting the neighbors or your furry friends getting out! The large, cinderblock 2-car garage offers safe alley access to pull right in! There is also a pull-down ladder for additional attic storage in the garage. This home really has all the charm and history of Emerson Heights with all the storage and space needed!! Also... just a short .7 mile bike or stroll to Ellenberger Park and less than 1.5 miles to all the Irvington attractions, you will always have some place to go and something to do! Come see it today!
Active
Price cut: $4K (7/18)
$215,000
715 Wallace Ave, Indianapolis, IN 46201
3beds
2,488sqft
Residential, Single Family Residence
Built in 1921
6,534 Square Feet Lot
$213,400 Zestimate®
$86/sqft
$-- HOA
What's special
Private upper master bedroomCovered craftsman-style front porchCovered patioFront stone patio
- 33 days |
- 546 |
- 49 |
Zillow last checked:
Listing updated:
Listed by:
Mitzi Myers 317-658-1863,
Traditions Realty, LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22108588
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Upper
- Area: 330 Square Feet
- Dimensions: 30x11
Bedroom 2
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10x10
Bedroom 3
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10x10
Dining room
- Level: Main
- Area: 126 Square Feet
- Dimensions: 14x9
Kitchen
- Features: Tile-Ceramic
- Level: Main
- Area: 169 Square Feet
- Dimensions: 13x13
Laundry
- Features: Other
- Level: Basement
- Area: 144 Square Feet
- Dimensions: 12x12
Library
- Level: Main
- Area: 99 Square Feet
- Dimensions: 11x9
Living room
- Level: Main
- Area: 195 Square Feet
- Dimensions: 15x13
Workshop
- Features: Other
- Level: Basement
- Area: 468 Square Feet
- Dimensions: 36x13
Heating
- Forced Air
Cooling
- Central Air, Window Unit(s)
Appliances
- Included: Dryer, Gas Water Heater, Gas Oven, Refrigerator, Washer, Water Purifier
- Laundry: Sink, In Basement
Features
- Built-in Features, Ceiling Fan(s), Hardwood Floors, Walk-In Closet(s)
- Flooring: Hardwood
- Basement: Unfinished,Interior Entry
Interior area
- Total structure area: 2,488
- Total interior livable area: 2,488 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached, Garage Door Opener
- Garage spaces: 2
Features
- Levels: One and One Half
- Stories: 1
- Exterior features: Fire Pit
- Fencing: Fenced,Gate
Lot
- Size: 6,534 Square Feet
Details
- Parcel number: 491004142052000101
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman
- Property subtype: Residential, Single Family Residence
Materials
- Stucco
- Foundation: Block
Condition
- New construction: No
- Year built: 1921
Utilities & green energy
- Water: Public
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Emerson Heights
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $86/sqft
- Tax assessed value: $243,400
- Annual tax amount: $2,600
- Date on market: 6/17/2026
- Cumulative days on market: 34 days
Estimated market value
$213,400
$203,000 - $224,000
$1,333/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/18/2026 | Price change | $215,000-1.8%$86/sqft |
Source:  MIBOR as distributed by MLS GRID #22108588 Report a problem | ||
| 6/17/2026 | Listed for sale | $219,000+99.3%$88/sqft |
Source: MIBOR as distributed by MLS GRID #22108588 Report a problem | ||
| 12/30/2014 | Sold | --0 |
Source: Agent Provided Report a problem | ||
| 12/13/2014 | Pending sale | $109,900$44/sqft |
Source: RE/MAX Legends Group #21322484 Report a problem | ||
| 10/29/2014 | Listed for sale | $109,900$44/sqft |
Source: RE/MAX Legends Group #21322484 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,600 +1.9% | $243,400 +10.7% |
| 2024 | $2,551 -1.8% | $219,900 +1.2% |
| 2023 | $2,599 +27% | $217,300 -1.2% |
| 2022 | $2,046 +7.7% | $219,900 +23% |
| 2021 | $1,900 +9.6% | $178,800 +7.6% |
| 2020 | $1,734 +12.2% | $166,100 +10.8% |
| 2019 | $1,546 +21.4% | $149,900 +12.1% |
| 2018 | $1,273 +15.5% | $133,700 +10.1% |
| 2017 | $1,103 -2% | $121,400 +8.9% |
| 2016 | $1,125 +152.1% | $111,500 +53.6% |
| 2014 | $446 -25.6% | $72,600 -2.3% |
| 2013 | $600 | $74,300 -5.1% |
| 2012 | $600 | $78,300 +5% |
| 2011 | -- | $74,600 |
| 2010 | $117 +11.4% | $74,600 |
| 2009 | $105 | $74,600 -12.1% |
| 2007 | -- | $84,900 +16.3% |
| 2006 | -- | $73,000 +7.5% |
| 2005 | -- | $67,900 |
| 2004 | -- | $67,900 |
| 2003 | -- | $67,900 +172.7% |
| 2002 | -- | $24,900 +205.1% |
| 2001 | -- | $8,160 |
| 2000 | -- | $8,160 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Near Eastside
Nearby schools
GreatSchools rating
- 3/10Ralph Waldo Emerson School 58Grades: PK-5Distance: 0.4 mi
- 5/10Arlington Community Middle SchoolGrades: 6-8Distance: 3.5 mi
- 1/10Arsenal Technical High SchoolGrades: 9-12Distance: 2.5 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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