3712 Wallace Ave
Indianapolis, IN 46218
2 bd 1 ba 1,536 sqft Built 1950 Lot 6,621 sqft single_family
Most recent sale
$148,755
Nov 30, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 30, 2022 | Sold | $148,755 | Public Record |
| Nov 22, 2022 | Sold | $150,000 | MIBOR |
| Nov 22, 2022 | Listing removed | $149,000 | MIBOR |
| Oct 18, 2022 | Price changed | $149,000 | MIBOR |
| Oct 1, 2022 | Relisted | $149,900 | MIBOR |
| Sep 28, 2022 | Listing removed | — | MIBOR |
| Sep 23, 2022 | Listed | $149,900 | MIBOR |
| Mar 23, 2022 | Sold | $63,000 | Public Record |
| Mar 22, 2022 | Sold | $31,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $125,500 | $5,800 | $131,300 | $1,354 |
| 2024 | $98,400 | $5,800 | $104,200 | $1,070 |
| 2023 | $108,400 | $5,800 | $114,200 | $1,186 |
| 2022 | $50,300 | $5,800 | $56,100 | $366 |
| 2021 | $50,300 | $5,800 | $56,100 | $1,306 |
| 2020 | $45,800 | $2,200 | $48,000 | $1,062 |
| 2019 | $41,200 | $2,200 | $43,400 | $938 |
| 2018 | $42,900 | $2,200 | $45,100 | $1,015 |
| 2017 | $40,500 | $2,200 | $42,700 | $841 |
| 2016 | $40,800 | $2,200 | $43,000 | $808 |
| 2015 | $38,400 | $2,200 | $40,600 | $760 |
| 2014 | $38,500 | $2,200 | $40,700 | $736 |
| 2013 | $38,500 | $2,200 | $40,700 | $745 |
| 2012 | $38,700 | $2,200 | $40,900 | $851 |
| 2011 | $33,000 | $10,300 | $43,300 | $877 |
| 2010 | $33,000 | $10,300 | $43,300 | $828 |
| 2008 | $45,500 | $10,300 | $55,800 | $1,140 |
| 2006 | $36,900 | $10,300 | $47,200 | $802 |
Property facts
Year built
1950
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,536 sqft
Lot size
6,621 sqft
ZIP code
46218
City
Indianapolis
Street
Wallace Ave
Coordinates
39.82393, -86.08933
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$893
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 3712 Wallace Ave last sell?
3712 Wallace Ave most recently sold on Nov 30, 2022 for $148,755.
What is the current tax assessment for 3712 Wallace Ave?
The most recent total assessment for 3712 Wallace Ave (year 2025) is $131,300 with $1,354 in property tax.
How does 3712 Wallace Ave's assessment compare to its last sale price?
The current assessment is 11.7% below the last sale price of $148,755.
When was 3712 Wallace Ave built?
3712 Wallace Ave was built in 1950.
How does 3712 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 3712 Wallace Ave?
3712 Wallace Ave is a 2 bed, 1 bath, 1,536 sqft, 6,621 sqft lot single_family.
Is 3712 Wallace Ave a flip candidate?
Yes — 3712 Wallace Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 3712 Wallace Ave a tax-appeal candidate?
No — 3712 Wallace Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.6%
Implied 1-yr
-6.2%
2026 Q3
$168.4K
2026 Q4
$165.5K
ZIP 46218 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Wallace Ave