For Sale233d on marketHistoric · 106 yrs
758 Wallace Ave
Indianapolis, IN, 46201 • Near Eastside • Marion County
$175,000
$87/sqft
Down payment assistance available
4Beds
2Baths
2,017Sqft
0.1 acLot
1920Built
Property DNA
Traditional Style
Built 1920 · 106 years of history
Emerson Heights
Near Eastside
1-Car Garage
Detached
This home is getting attention
Listed 233 days ago · 1,593 views · 50 saves
Market activity
Demand and pricing signals for this listing
1,593 views
People checking out this listing
50 saves
Buyers have saved this home
233 days on market
Established listing
$87/sqft
Price per square foot
About this home
Single Family · Built 1920 · Historic
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.
Estimated monthly payment
Based on current rates
$1,153/month
Principal & Interest$920
Property Tax$175
Insurance$58
Down payment20% ($35,000)
3%50%
Est. 6.88% rate · 30yr fixed · $140,000 loan
Full calculator →At a glance
Key facts and listing details
TypeResidential, Single Family Residence
Year Built1920
HeatingForced Air, Natural Gas
CoolingCentral Air
Parking1 Garage space
Lot4,356 sqft
Days on Zillow233 Days
Price/sqft$87
Property
Home typeSingle Family
Sub-typeResidential, Single Family Residence
StyleTraditional
Year built1920
Stories1
Systems
HeatingForced Air, Natural Gas
CoolingCentral Air
ConstructionAluminum Siding
Water / SewerPublic
Parking & Outdoor
ParkingDetached
Garage1 spaces
BasementUnfinished
Lot4,356 sqft
Location & Tax
NeighborhoodNear Eastside
Annual tax$3,318
Parcel491004112018000101
Bathrooms & Fees
Full baths1
Features & details
6 categories of property features
Interior Features
Appliances
None
Gas Water Heater
Heating
Forced Air
Natural Gas
Cooling
Central Air
Windows
Wood Work Painted
Exterior Features
Parking
Detached
Construction
Aluminum Siding
Room details
7 rooms detailed
Master Bedroom
Upper14×23 ft322 sqft
Bedroom2
Upper10×16 ft160 sqft
Bedroom3
Upper9×13 ft117 sqft
Bedroom4
Upper11×12 ft132 sqft
Dining Room
Main12×13 ft156 sqft
Kitchen
Main11×13 ft143 sqft
Listing insights
Market data and value estimates
StatusFor Sale
Days on market233
Tax rate0.96%
Price/sqft$87
On marketAug 18, 2025
PostedAug 18, 2025
Last sold$64,000
MLS statusActive
MLS updatedFeb 13, 2026
Tour days9
Views1,593
Favorites50
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46201
Price history
9 events
DateEventPrice$/sqftSource
Aug 18, 2025Listed For Sale$175,000$87MIBOR as distributed by MLS GRID
Apr 27, 2017Sold$64,000$32MIBOR as distributed by MLS GRID
Apr 4, 2017Pending Sale$64,000$32J S Ruiz Realty, Inc.
Mar 31, 2017Listed For Sale$64,000$32J S Ruiz Realty, Inc.
Mar 28, 2017Pending Sale$64,000$32J S Ruiz Realty, Inc.
Jan 13, 2017Listed For Sale$64,000$32J S Ruiz Realty, Inc.
Jan 24, 2016Listing Removed$75,000$37Your Realty Link, LLC
Oct 26, 2015Price Change$75,000$37KRG PLUS, LLC
Sep 16, 2015Listed For Sale$79,000$39KRG PLUS, LLC
Listed For Sale$175,000
Aug 18, 2025•$87/sqft•MIBOR as distributed by MLS GRID
Sold$64,000
Apr 27, 2017•$32/sqft•MIBOR as distributed by MLS GRID
Pending Sale$64,000
Apr 4, 2017•$32/sqft•J S Ruiz Realty, Inc.
Listed For Sale$64,000
Mar 31, 2017•$32/sqft•J S Ruiz Realty, Inc.
Pending Sale$64,000
Mar 28, 2017•$32/sqft•J S Ruiz Realty, Inc.
Listed For Sale$64,000
Jan 13, 2017•$32/sqft•J S Ruiz Realty, Inc.
Listing Removed$75,000
Jan 24, 2016•$37/sqft•Your Realty Link, LLC
Price Change$75,000
Oct 26, 2015•$37/sqft•KRG PLUS, LLC
Listed For Sale$79,000
Sep 16, 2015•$39/sqft•KRG PLUS, LLC
Tax history
23 years of records
YearTax paidAssessed value
Apr 8, 2024$3,273$139,800
Apr 8, 2023$3,301$138,000
Apr 8, 2022$2,611$139,800
Apr 8, 2021$2,513$113,200
Apr 8, 2020$2,316$108,500
Apr 8, 2019$2,089$98,100
Apr 8, 2018$564$87,700
Apr 8, 2017$444$80,400
Apr 8, 2016$435$67,900
Apr 8, 2014$407$67,300
Apr 8, 2013$504$68,700
Apr 8, 2012$504$71,800
Apr 8, 2011—$63,100
Apr 8, 2010$402$63,100
Apr 8, 2009$361$63,100
Apr 8, 2007—$72,100
Apr 8, 2006—$60,500
Apr 8, 2005—$56,200
Apr 8, 2004—$56,200
Apr 8, 2003—$56,200
Apr 8, 2002—$22,400
Apr 8, 2001—$7,470
Apr 8, 2000—$7,470
Nearby homes
Neighborhood details
Local context around this listing
Indianapolis, IN • Marion County
Nearby neighborhoods
Chapel Hill-Ben DavisDowntownEagledaleEast WarrenFar EastsideGarden CityNear EastsideSnacks-Guion CreekSouth FranklinSouth Perry
Nearby cities
Beech GroveCumberlandIndianapolisLawrenceSouthportSpeedway
Nearby zip codes
46203462174621946220462224622446226462274623746254
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Based on information submitted to the MLS GRID as of 2026-04-08 14:03:18 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
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