1425 Wallace Ave
Indianapolis, IN 46201
2 bd 776 sqft Built 1941 Lot 6,447 sqft single_family
Most recent sale
$200,000
Aug 22, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 22, 2022 | Sold | $200,000 | Public Record |
| Jul 9, 2022 | Listed | $209,900 | MLS #21869003 |
| Aug 11, 2021 | Sold | $110,000 | Public Record |
| May 19, 2021 | Listed | $119,900 | MLS #21786182 |
| Nov 7, 2001 | Sold | $92,967 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $205,600 | $26,100 | $231,700 | $2,587 |
| 2024 | $177,400 | $26,100 | $203,500 | $2,487 |
| 2023 | $187,400 | $26,100 | $213,500 | $2,592 |
| 2022 | $59,200 | $26,100 | $85,300 | $792 |
| 2021 | $59,200 | $26,100 | $85,300 | $2,051 |
| 2020 | $57,900 | $14,600 | $72,500 | $1,761 |
| 2019 | $52,000 | $14,600 | $66,600 | $1,653 |
| 2018 | $44,100 | $14,600 | $58,700 | $1,477 |
| 2017 | $40,400 | $14,600 | $55,000 | $1,245 |
| 2016 | $39,400 | $14,600 | $54,000 | $1,197 |
| 2015 | $38,500 | $14,600 | $53,100 | $1,170 |
| 2014 | $39,500 | $14,600 | $54,100 | $1,170 |
| 2013 | $39,500 | $14,600 | $54,100 | $1,125 |
| 2012 | $41,100 | $14,600 | $55,700 | $1,250 |
| 2011 | $36,800 | $11,300 | $48,100 | $1,066 |
| 2010 | $40,000 | $11,300 | $51,300 | $278 |
| 2008 | $40,000 | $11,300 | $51,300 | $354 |
| 2006 | $44,700 | $11,300 | $56,000 | $364 |
Property facts
Year built
1941
Property type
single_family
Stories
1
Beds
2
Baths
—
Living area
776 sqft
Lot size
6,447 sqft
ZIP code
46201
City
Indianapolis
Street
Wallace Ave
Coordinates
39.78637, -86.08858
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,164
Gross rental yield
6.98%
Implied cap rate
4.54%
Trend-extrapolated value
—
Frequently asked questions
When did 1425 Wallace Ave last sell?
1425 Wallace Ave most recently sold on Aug 22, 2022 for $200,000.
What is the current tax assessment for 1425 Wallace Ave?
The most recent total assessment for 1425 Wallace Ave (year 2025) is $231,700 with $2,587 in property tax.
How does 1425 Wallace Ave's assessment compare to its last sale price?
The current assessment is 15.9% above the last sale price of $200,000.
When was 1425 Wallace Ave built?
1425 Wallace Ave was built in 1941.
How does 1425 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 1425 Wallace Ave?
1425 Wallace Ave is a 2 bed, 776 sqft, 6,447 sqft lot single_family.
Is 1425 Wallace Ave a flip candidate?
Yes — 1425 Wallace Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1425 Wallace Ave a tax-appeal candidate?
Yes — 1425 Wallace Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-4.0%
Implied 1-yr
-16.0%
2026 Q3
$202.9K
2026 Q4
$191.9K
ZIP 46201 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Wallace Ave