This 4-bedroom, 2-bath home offers over 2200 feet of comfortable living space and brings in $1050 per month in rental income. The layout is spacious and functional, appealing to long-term tenants. Situated on the eat side of Indianapolis, it's close to school, parks, and major roads. A dependable investment with consistent cashflow.
Active
$175,000
758 Wallace Ave, Indianapolis, IN 46201
4beds
2,017sqft
Residential, Single Family Residence
Built in 1920
4,356 Square Feet Lot
$-- Zestimate®
$87/sqft
$-- HOA
What's special
- 1 day
- 225
- 15
Zillow last checked:
Listing updated:
Listed by:
Thomas Colvin 317-902-2315,
eXp Realty, LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22056170
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Bedroom 2
- Level: Upper
- Area: 160 Square Feet
- Dimensions: 10x16
Bedroom 3
- Level: Upper
- Area: 117 Square Feet
- Dimensions: 9x13
Bedroom 4
- Level: Upper
- Area: 132 Square Feet
- Dimensions: 11x12
Other
- Level: Upper
- Area: 322 Square Feet
- Dimensions: 14x23
Dining room
- Level: Main
- Area: 156 Square Feet
- Dimensions: 12x13
Kitchen
- Level: Main
- Area: 143 Square Feet
- Dimensions: 11x13
Living room
- Level: Main
- Area: 195 Square Feet
- Dimensions: 13x15
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: None, Gas Water Heater
Features
- Windows: Wood Work Painted
- Basement: Unfinished
Interior area
- Total structure area: 2,017
- Total interior livable area: 2,017 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Detached
- Garage spaces: 1
Features
- Levels: One and One Half
- Stories: 1
Lot
- Size: 4,356 Square Feet
Details
- Parcel number: 491004112018000101
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Aluminum Siding
- Foundation: Block
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: Emerson Heights
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $87/sqft
- Tax assessed value: $154,300
- Annual tax amount: $3,318
- Date on market: 8/27/2026
- Cumulative days on market: 368 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/27/2026 | Listed for sale | $175,000$87/sqft |
Source:  MIBOR as distributed by MLS GRID #22056170 Report a problem | ||
| 8/15/2026 | Listing removed | $175,000$87/sqft |
Source: eXp Realty #22056170 Report a problem | ||
| 8/18/2025 | Listed for sale | $175,000+173.4%$87/sqft |
Source: MIBOR as distributed by MLS GRID #22056170 Report a problem | ||
| 4/27/2017 | Sold | $64,000$32/sqft |
Source: MIBOR as distributed by MLS GRID #21457997 Report a problem | ||
| 4/4/2017 | Pending sale | $64,000$32/sqft |
Source: J S Ruiz Realty, Inc. #21457997 Report a problem | ||
| 3/31/2017 | Listed for sale | $64,000$32/sqft |
Source: J S Ruiz Realty, Inc. #21457997 Report a problem | ||
| 3/28/2017 | Pending sale | $64,000$32/sqft |
Source: J S Ruiz Realty, Inc. #21457997 Report a problem | ||
| 1/13/2017 | Listed for sale | $64,000-14.7%$32/sqft |
Source: J S Ruiz Realty, Inc. #21457997 Report a problem | ||
| 1/24/2016 | Listing removed | $75,000$37/sqft |
Source: Your Realty Link, LLC #21376789 Report a problem | ||
| 10/26/2015 | Price change | $75,000-5.1%$37/sqft |
Source: KRG PLUS, LLC #21376789 Report a problem | ||
| 9/16/2015 | Listed for sale | $79,000$39/sqft |
Source: KRG PLUS, LLC #21376789 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,317 +1.3% | $154,300 +10.4% |
| 2024 | $3,273 -0.8% | $139,800 +1.3% |
| 2023 | $3,301 +26.4% | $138,000 -1.3% |
| 2022 | $2,611 +3.9% | $139,800 +23.5% |
| 2021 | $2,513 +8.5% | $113,200 +4.3% |
| 2020 | $2,316 +10.8% | $108,500 +10.6% |
| 2019 | $2,089 +270.3% | $98,100 +11.9% |
| 2018 | $564 +27% | $87,700 +9.1% |
| 2017 | $444 +2.1% | $80,400 +18.4% |
| 2016 | $435 +6.8% | $67,900 +0.9% |
| 2014 | $407 -19.1% | $67,300 -2% |
| 2013 | $504 | $68,700 -4.3% |
| 2012 | $504 | $71,800 +13.8% |
| 2011 | -- | $63,100 |
| 2010 | $402 +11.4% | $63,100 |
| 2009 | $361 | $63,100 -12.5% |
| 2007 | -- | $72,100 +19.2% |
| 2006 | -- | $60,500 +7.7% |
| 2005 | -- | $56,200 |
| 2004 | -- | $56,200 |
| 2003 | -- | $56,200 +150.9% |
| 2002 | -- | $22,400 +199.9% |
| 2001 | -- | $7,470 |
| 2000 | -- | $7,470 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Near Eastside
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