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1211 Wallace Ave

Indianapolis, IN 46201

3 bd 2 ba 2,391 sqft Built 1933 Lot 5,924 sqft single_family
Most recent sale
$261,250
Oct 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 13, 2022 Sold $261,250 Public Record
Sep 19, 2022 Sold $210,000 MIBOR
Aug 19, 2022 Price changed $198,500 MLS #21855754
Jul 30, 2022 Price changed $205,000 MLS #21855754
Jul 23, 2022 Price changed $214,900 MLS #21855754
Jul 8, 2022 Relisted $219,900 MLS #21855754
Jun 30, 2022 Relisted $214,900 MLS #21855754
May 19, 2022 Listed $214,900 MLS #21855754

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $195,600 $24,500 $220,100 $2,497
2024 $151,300 $24,500 $175,800 $2,183
2023 $159,200 $24,500 $183,700 $2,264
2022 $129,200 $24,500 $153,700 $2,199
2021 $129,200 $24,500 $153,700 $1,872
2020 $126,500 $13,700 $140,200 $1,713
2019 $113,600 $13,700 $127,300 $1,579
2018 $96,200 $13,700 $109,900 $1,370
2017 $95,300 $13,700 $109,000 $1,213
2016 $90,500 $13,700 $104,200 $1,073
2015 $88,500 $13,700 $102,200 $1,085
2014 $91,300 $13,700 $105,000 $1,095
2013 $91,300 $13,700 $105,000 $1,079
2012 $101,100 $13,700 $114,800 $1,254
2011 $89,400 $13,700 $103,100 $1,086
2010 $92,000 $13,700 $105,700 $1,061
2008 $100,900 $13,700 $114,600 $1,004
2006 $105,100 $13,700 $118,800 $1,022

Property facts

Year built
1933
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,391 sqft
Lot size
5,924 sqft
ZIP code
46201
City
Indianapolis
Street
Wallace Ave
Coordinates
39.78387, -86.08857

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,568
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1211 Wallace Ave last sell?
1211 Wallace Ave most recently sold on Oct 13, 2022 for $261,250.
What is the current tax assessment for 1211 Wallace Ave?
The most recent total assessment for 1211 Wallace Ave (year 2025) is $220,100 with $2,497 in property tax.
How does 1211 Wallace Ave's assessment compare to its last sale price?
The current assessment is 15.8% below the last sale price of $261,250.
When was 1211 Wallace Ave built?
1211 Wallace Ave was built in 1933.
How does 1211 Wallace Ave compare to others on Wallace Ave?
We track 8 other properties on Wallace Ave. Browse the list under "Other properties on Wallace Ave" to compare beds, baths, and sale history.
What are the property facts for 1211 Wallace Ave?
1211 Wallace Ave is a 3 bed, 2 bath, 2,391 sqft, 5,924 sqft lot single_family.
Is 1211 Wallace Ave a flip candidate?
Yes — 1211 Wallace Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1211 Wallace Ave a tax-appeal candidate?
No — 1211 Wallace Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-4.0%
Implied 1-yr
-16.0%
2026 Q3
$202.9K
2026 Q4
$191.9K
ZIP 46201 — Median Price History + Forecast

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