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Off market
  • $228,800

    721 Wallace Ave, Indianapolis, IN 46201

    3beds
    1,936sqft
    Single Family Residence
    Built in ----
    -- sqft lot
    $228,800 Zestimate®
    $118/sqft
    $1,569 Estimated rent

    Home value

    $228,800

    $213,000 - $245,000

    $1,569/mo

    Zestimate® history
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    What's special

    Projector screenHuge deckAttached garageModern shaker-style kitchen cabinetsSpacious backyardStainless steel appliancesLarge deep closets

    For Rent: 3 Bed, 2 Bath Home with Incredible Outdoor Space! Welcome to your next home! This beautifully updated 3-bedroom, 2-bath property is packed with modern touches and thoughtful conveniences to make life a little easier. You'll love the modern shaker-style kitchen cabinets, stainless steel appliances (including a dishwasher and gas range), and plenty of counter space for cooking up your favorites. Step out back to a huge deck perfect for entertaining the grill stays for your convenience, and there's even a playground ready for little ones. The spacious backyard is ideal for family gatherings, pets, or weekend BBQs. Inside, enjoy large, deep closets for all your storage needs and a projector screen in the downstairs bedroom for cozy movie nights. The attached garage comes with a lawn mower, weed eater, and an additional fridge, all there to make your move-in simple and your day-to-day comfortable. -Application is $50 per adult. Income requirement is 3x rent. -Pet-friendly with a $300 pet deposit and $30/month per pet fee. -Security deposit is $1800 + $75 administration fee due at move-in. Don't miss out on this one it's a home that makes it easy to settle in and enjoy!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Interior area
    • Total interior livable area: 1,936 sqft

    Property

    Parking
    • Details: Contact manager
    Details
    • Parcel number: 491004142050000101

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence

    Community & HOA

    Community
    • Deposit fee: $1,800
    Location
    • Region: Indianapolis

    Financial & listing details

    • Price per square foot: $118/sqft
    • Tax assessed value: $180,300
    • Annual tax amount: $1,918
    • Date on market: 5/4/2025
    • Lease term: Contact For Details

    Price history

    DateEventPrice
    6/10/2025Listing removed$1,800$1/sqft
    Source: Zillow Rentals Report a problem
    5/4/2025Listed for rent$1,800$1/sqft
    Source: Zillow Rentals Report a problem
    6/17/2021Sold$180,000$93/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,918 +2.5%$180,300 +9.5%
    2024$1,871 -3.1%$164,600 +1.2%
    2023$1,930 +25.8%$162,700 -1.3%
    2022$1,534 +14.1%$164,900 +21.8%
    2021$1,344 +11.9%$135,400 +13.6%
    2020$1,202 -47.7%$119,200 +10.6%
    2019$2,299 +104.6%$107,800 +11.7%
    2018$1,124 +70.3%$96,500 +8.8%
    2017$660 +10.7%$88,700 +9.9%
    2016$596 +9.2%$80,700 +8%
    2014$546 +61.2%$74,700 -2.2%
    2013$339 $76,400 -5%
    2012$339 $80,400 +8.2%
    2011-- $74,300
    2010$205 +11.4%$74,300
    2009$184 $74,300 -12.1%
    2007-- $84,500 +17.9%
    2006-- $71,700 +7.5%
    2005-- $66,700
    2004-- $66,700
    2003-- $66,700 +200.5%
    2002-- $22,200 +214.4%
    2001-- $7,060
    2000-- $7,060
    Find assessor info on the county website

    Neighborhood: Near Eastside

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $228,800
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $228,800