Welcome to 831 Wallace Ave, a charming single-story home that blends classic character with comfortable living. This home offers 2 bedrooms, 1 full bath making it a perfect option for homeowners or investors alike. The kitchen is both functional and stylish. The living areas feel bright and welcoming, with natural light flowing throughout the home to create a warm and comfortable atmosphere. Both bedrooms offer cozy retreats with just the right amount of space for rest, guests, or a home office. The full bathroom is designed for practical everyday use. One of the highlights of the home is the inviting front porch, perfect for relaxing with a morning coffee or enjoying quiet evenings. Conveniently located near downtown Indianapolis, parks, shopping, and major roadways, this home combines charm, location, and opportunity. This delightful home is ready for immediate enjoyment and waiting for its next owner to make it their own.
Sold
$174,900
831 Wallace Ave, Indianapolis, IN 46201
2beds
1,320sqft
Residential, Single Family Residence
Built in 1929
6,098 Square Feet Lot
$175,800 Zestimate®
$133/sqft
$1,325 Estimated rent
Home value
$175,800
$165,000 - $186,000
$1,325/mo
Zestimate® history
Owner options
List your home for rent
$1,325/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,325/mo
Rent Zestimate®
Refinance and save
$1,156/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$1,156/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
Inviting front porch
Zillow last checked:
Listing updated:
Listed by:
Vicki Reed 317-919-7931,
Keller Williams Indy Metro NE
Bought with:
Kristin Glassburn
@properties
Source: MIBOR as distributed by MLS GRID,MLS#: 22091243
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: 120 Square Feet
- Dimensions: 12x10
Bedroom 2
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10x10
Dining room
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12x12
Kitchen
- Level: Main
- Area: 81 Square Feet
- Dimensions: 9x9
Living room
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12x12
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Electric Cooktop, Disposal, Gas Water Heater, Exhaust Fan, Electric Oven, Range Hood, Refrigerator
Features
- Attic Access, Ceiling Fan(s), High Speed Internet
- Basement: Storage Space
- Attic: Access Only
Interior area
- Total structure area: 1,320
- Total interior livable area: 1,320 sqft
- Finished area below ground: 104
Property
Parking
- Parking features: Alley Access, Carport, Gravel
- Has carport: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
Lot
- Size: 6,098 Square Feet
Details
- Parcel number: 491004128024000101
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Residential, Single Family Residence
Materials
- Vinyl Siding
- Foundation: Block
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1929
Utilities & green energy
- Electric: 100 Amp Service
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Emerson Heights
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $133/sqft
- Tax assessed value: $111,100
- Annual tax amount: $1,033
- Date on market: 3/26/2026
- Cumulative days on market: 1 day
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 5/13/2026 | Sold | $174,900$133/sqft |
Source:  MIBOR as distributed by MLS GRID #22091243 Report a problem | ||
| 3/27/2026 | Pending sale | $174,900$133/sqft |
Source: MIBOR as distributed by MLS GRID #22091243 Report a problem | ||
| 3/26/2026 | Listed for sale | $174,900-10.3%$133/sqft |
Source: MIBOR as distributed by MLS GRID #22091243 Report a problem | ||
| 11/21/2025 | Listing removed | $195,000$148/sqft |
Source: MIBOR as distributed by MLS GRID #22071045 Report a problem | ||
| 11/10/2025 | Price change | $195,000-4.9%$148/sqft |
Source: MIBOR as distributed by MLS GRID #22071045 Report a problem | ||
| 10/31/2025 | Listed for sale | $205,000+122.8%$155/sqft |
Source: MIBOR as distributed by MLS GRID #22071045 Report a problem | ||
| 6/23/2025 | Sold | $92,000-26.4%$70/sqft |
Source: MIBOR as distributed by MLS GRID #22030200 Report a problem | ||
| 6/4/2025 | Pending sale | $125,000$95/sqft |
Source: MIBOR as distributed by MLS GRID #22030200 Report a problem | ||
| 5/27/2025 | Price change | $125,000-5.3%$95/sqft |
Source: MIBOR as distributed by MLS GRID #22030200 Report a problem | ||
| 4/29/2025 | Price change | $132,000-2.2%$100/sqft |
Source: MIBOR as distributed by MLS GRID #22030200 Report a problem | ||
| 4/15/2025 | Listed for sale | $135,000+322.9%$102/sqft |
Source: MIBOR as distributed by MLS GRID #22030200 Report a problem | ||
| 4/10/2025 | Sold | $31,925-77%$24/sqft |
Source: Public Record Report a problem | ||
| 4/1/2025 | Listed for sale | $138,900$105/sqft |
Source: MIBOR as distributed by MLS GRID #22030200 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $929 +7.1% | $111,100 +8.6% |
| 2024 | $868 -7.3% | $102,300 +1.1% |
| 2023 | $936 +36.4% | $101,200 -1.1% |
| 2022 | $686 +54.6% | $102,300 +19.1% |
| 2021 | $444 +10.4% | $85,900 +21.8% |
| 2020 | $402 +10.6% | $70,500 +10% |
| 2019 | $364 -53.4% | $64,100 +11.1% |
| 2018 | $781 -5.1% | $57,700 +8.9% |
| 2017 | $823 +180.5% | $53,000 +7.7% |
| 2016 | $293 +6.9% | $49,200 +0.2% |
| 2014 | $274 -20.1% | $49,100 -2% |
| 2013 | $343 | $50,100 -4.8% |
| 2012 | $343 | $52,600 +10.7% |
| 2011 | -- | $47,500 |
| 2010 | $280 +11.4% | $47,500 |
| 2009 | $252 | $47,500 -11.4% |
| 2007 | -- | $53,600 +16.3% |
| 2006 | -- | $46,100 +7% |
| 2005 | -- | $43,100 |
| 2004 | -- | $43,100 |
| 2003 | -- | $43,100 +229% |
| 2002 | -- | $13,100 +189.2% |
| 2001 | -- | $4,530 |
| 2000 | -- | $4,530 |
Find assessor info on the county website
Neighborhood: Near Eastside
Nearby homes
- $176,0002 bd1 ba1.7k sqft827 Wallace Ave, Indianapolis, IN 46201Sold
- $116,2002 bd-- ba876 sqft833 Wallace Ave, Indianapolis, IN 46201Off Market
- $145,3002 bd1 ba1.8k sqft837 Wallace Ave, Indianapolis, IN 46201Off Market
- $147,9002 bd-- ba1k sqft823 Wallace Ave, Indianapolis, IN 46201Off Market
- $90,1001 bd1 ba742 sqft841 Wallace Ave, Indianapolis, IN 46201Off Market
- $135,0002 bd2 ba-- sqft843 Wallace Ave, Indianapolis, IN 46201Sold
- $182,0002 bd2 ba-- sqft841-843 Wallace Ave, Indianapolis, IN 46201Sold
- $157,1003 bd1 ba1.3k sqft826 Wallace Ave, Indianapolis, IN 46201Off Market
Nearby schools
GreatSchools rating
- 3/10Ralph Waldo Emerson School 58Grades: PK-5Distance: 0.5 mi
- 5/10Arlington Community Middle SchoolGrades: 6-8Distance: 3.5 mi
- 1/10Arsenal Technical High SchoolGrades: 9-12Distance: 2.5 mi
Schools provided by the listing agent
- Elementary: Ralph Waldo Emerson School 58
- High: Arsenal Technical High School
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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
$175,800
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
$175,800
- Indiana
- Marion County
- Indianapolis
- 46201
- Near Eastside
- 831 Wallace Ave
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Indianapolis Topics
