1317 Wallace Avenue

Indianapolis, IN
$ 235,000 Beds 3 Baths 1.5 Sq 2,167
Monthly Estimate* How much can I afford?

Charming 3 bedroom, 1 1/2 bathroom bungalow, located in quiet, Little Flower neighborhood. Main level includes kitchen, dining room, living room, 2 bedrooms and large family room area. Beautiful hardwood floors. Kitchen has been completely updated, including new cabinets, recessed lighting, butcherblock counter tops, and laminate wood flooring. Upstairs offers multiple options, with bedroom and bonus room, as well as extra storage space, including cedar closet. Fenced in back yard has open patio, as well as covered porch and storage shed. Conveniently located just minutes from Irvington and Ellenberger Park, with easy access to interstates and downtown Indianapolis.

Active

  • Price
  • $ 235,000
  • City
  • Indianapolis
  • Bedrooms
  • 3
  • Full Bathrooms
  • 1
  • County
  • MARION
  • Half Bathrooms
  • 1
  • Area
  • Center
  • Lot Size
  • 0.13 Acres
  • Zip
  • 46201
  • Sqr Footage
  • 2,167
  • Year Built
  • 1926
  • Taxes
  • $ 1564
  • Style
  • Bungalow
  • MLS#
  • 22122424
Listed By: Tim Altom with United Real Estate Indpls;
Data Source: MIBOR Broker Listing Cooperative

Features

General

Heating Natural Gas
Cooling Central Air
Utilities Electricity Connected,Natural Gas Connected,Water Connected
Possession Closing
Appliances Dryer,Disposal,Gas Water Heater,Microwave,Oven,Gas Oven,Refrigerator
Garage Spaces 1
Patio/Porch Features Covered,Patio
Architectural Style Bungalow
Construction Materials Wood Siding
Year Built 1926
Electric 100 Amp Service
Township Center
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
County Marion
New Construction No
Property Type Residential
HOA No
Subdivision Name Emerleigh
Facing Direction North
Garage Y/N No
Total Rooms 8
Full Baths 1
Status Active
Directions GPS Friendly
City Indianapolis
High School District Indianapolis Public Schools
MLS Area 4910 - Marion - Center
Lot Size Square Feet 5706
Property Attached Y/N No
Current Financing Conventional,FHA,VA
Additional Parcels Y/N No
Standard Status Active
Tax Lot L218
Legal Description Emerleigh Add L218

Interior Features

Interior Amenities Built-in Features
Basement Daylight,Unfinished
Total Fireplaces 1
Fireplace Features Living Room
Basement (Y/N) Yes
Half Baths 1
Laundry Features In Basement
Total Bedrooms 3
Main Level Bedrooms 2
LivingAreaSource Broker
Total Baths 2

Exterior Features

Exterior Amenities Storage Shed
Fencing Full
Parking Features On Street
Lot Features City Lot,Sidewalks,Storm Sewer,Street Lights,Mature Trees
Water Source Public
Foundation Details Block
Spa No
Building Area Total 2167
Lot Size Acres 0.13
Waterfront Y/N No
Horse Amenities None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Columbus, IN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/31/2026 Listed $235,000

Property vs Zip Code Average in 46201

Price
AVG $230K
$240K
Taxes
AVG $2,860
$1,564
Year Built
AVG 1931
1926
Visits
AVG 91
14
Data Provided by Inside Real Estate®

1317 Wallace Avenue Indianapolis, IN is a Single Family Home for sale at $235000 with 2167 sqft and a lot size of 0.13 Acres Acre(s). 1317 Wallace Avenue Indianapolis has 3 bedrooms, 1 baths and was built in 1926. The property's zip code is 46201 which is in Indianapolis, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.