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(317) 801-1889

(317) 801-1889

831 Wallace Ave, Indianapolis, IN 46201

$135,000

Reduced By $3,900
last change 4/15/2025

Charming home featuring a well-maintained lawn and a delightful lattice-covered front porch at 831 Wallace Ave, Indianapolis, IN 46201

  • Bedrooms

    2

  • Baths

    1

  • Sq. Feet

    1320

  • Year Built

    1929

  • Days on Market

    23

  • $/SqFt

    $102

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38 Photos

  • Charming home featuring a well-maintained lawn and a delightful lattice-covered front porch at 831 Wallace Ave, Indianapolis, IN 46201
  • Floorplan that shows the square footage and layout of the bedrooms, bathrooms, kitchen, and living spaces at 831 Wallace Ave, Indianapolis, IN 46201
  • Neighborhood view of cozy homes with well-kept lawns and mature trees creating a peaceful setting at 831 Wallace Ave, Indianapolis, IN 46201
  • An overhead view displaying property boundaries, backyard features, and neighborhood layout at 831 Wallace Ave, Indianapolis, IN 46201
  • Attractive home featuring a welcoming lattice-covered front porch and well-manicured landscaping at 831 Wallace Ave, Indianapolis, IN 46201
  • Exterior of home featuring charming front porch and well-maintained lawn and sidewalk at 831 Wallace Ave, Indianapolis, IN 46201
  • Charming covered porch featuring lattice, an outdoor light, and a secure entry door at 831 Wallace Ave, Indianapolis, IN 46201
  • View of porch with lattice, light fixture, and secure entry door at 831 Wallace Ave, Indianapolis, IN 46201
  • Large backyard featuring green lawn and mature trees, offering ample space for recreation at 831 Wallace Ave, Indianapolis, IN 46201
  • Spacious backyard featuring green lawn and mature trees, offering ample space for outdoor activities at 831 Wallace Ave, Indianapolis, IN 46201
  • A charming, single-story home with light green siding, a small front yard, and a concrete walkway leading to the entrance at 831 Wallace Ave, Indianapolis, IN 46201
  • A mud room with a white door, concrete floor, white walls, and an overhead light at 831 Wallace Ave, Indianapolis, IN 46201
  • A living room with green carpet, white walls, multiple windows, an archway, and a ceiling fan with light at 831 Wallace Ave, Indianapolis, IN 46201
  • A living room with green carpet, white walls, multiple windows, and a ceiling fan with light at 831 Wallace Ave, Indianapolis, IN 46201
  • A living room with green carpet, white walls, multiple windows, and an archway with an open doorway to the kitchen at 831 Wallace Ave, Indianapolis, IN 46201
  • A living room with green carpet, white walls, multiple windows, and an archway with an open doorway to the kitchen at 831 Wallace Ave, Indianapolis, IN 46201
  • A living room with green carpet, white walls, multiple windows, and an archway leading to the kitchen at 831 Wallace Ave, Indianapolis, IN 46201
  • A compact kitchen featuring wood cabinets, a white refrigerator, laminate countertops, and vinyl flooring at 831 Wallace Ave, Indianapolis, IN 46201
  • A kitchen featuring wood cabinets, a white refrigerator, laminate countertops, and vinyl flooring at 831 Wallace Ave, Indianapolis, IN 46201
  • A kitchen featuring wood cabinets, a white refrigerator, laminate countertops, vinyl flooring, and black appliances at 831 Wallace Ave, Indianapolis, IN 46201
  • Cozy dining room featuring a vintage light fixture and a built-in storage area at 831 Wallace Ave, Indianapolis, IN 46201
More Photos \/
  • Bright dining room with natural light, vintage lighting, and an inviting atmosphere at 831 Wallace Ave, Indianapolis, IN 46201
  • Dining room with window, built-in storage, and access to adjacent kitchen at 831 Wallace Ave, Indianapolis, IN 46201
  • Hallway view into multiple rooms with vintage style flooring at 831 Wallace Ave, Indianapolis, IN 46201
  • Bedroom featuring hardwood floors and natural light at 831 Wallace Ave, Indianapolis, IN 46201
  • Bedroom with closet and two entryways at 831 Wallace Ave, Indianapolis, IN 46201
  • Hallway view from bathroom towards bedroom with green carpet at 831 Wallace Ave, Indianapolis, IN 46201
  • Bathroom with a combined tub and shower, commode, and blue vanity at 831 Wallace Ave, Indianapolis, IN 46201
  • Compact bathroom with a blue vanity and modern fixtures at 831 Wallace Ave, Indianapolis, IN 46201
  • Bedroom showcasing hardwood floors, vintage trim and window at 831 Wallace Ave, Indianapolis, IN 46201
  • Cozy bedroom with hardwood floors and a window for natural light at 831 Wallace Ave, Indianapolis, IN 46201
  • View of a storage closet with built-in shelving at 831 Wallace Ave, Indianapolis, IN 46201
  • View down the wooden basement stairs at 831 Wallace Ave, Indianapolis, IN 46201
  • Unfinished basement with exposed pipes and cinder block walls at 831 Wallace Ave, Indianapolis, IN 46201
  • Unfinished basement with exposed pipes and cinder block walls at 831 Wallace Ave, Indianapolis, IN 46201
  • Unfinished basement with exposed pipes and cinder block walls at 831 Wallace Ave, Indianapolis, IN 46201
  • Unfinished basement with concrete flooring and brick walls at 831 Wallace Ave, Indianapolis, IN 46201
  • View of the furnace and water heater in the unfinished basement at 831 Wallace Ave, Indianapolis, IN 46201
Less Photos /\

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Home Description

Step onto the inviting front porch of this classic 2-bedroom, 1-bath bungalow in the heart of Emerson Heights, and envision the possibilities! Bursting with character, this 904 sq. ft. home features a spacious living and dining area with charming archways and natural light pouring in through large windows. The vintage kitchen is ready for your creative touch, while both bedrooms offer comfortable space to make your own. Outside, the vinyl exterior keeps maintenance easy, and the backyard provides room for outdoor enjoyment. With its great bones and undeniable charm, this home is the perfect opportunity for a homeowner or investor looking to add value. Don't miss the chance to put your stamp on this gem in a thriving neighborhood!

  • Property Type: Single Family
  • Style: Bungalow
  • Basement: Yes
  • Garage Spaces: 0
  • Acres: <1/4 Acre
  • Siding: Vinyl Siding

Available now at $135,000

Approximate Room Sizes / Descriptions

Living Room12x12Main
Dining Room12x12Main
Kitchen9x9Main
Primary Bedroom12x10Main
Bedroom 210x10Main
  • Interior Description: WoodWorkStain/Painted
  • Full Baths: 1
  • Num Fireplaces: 0
  • Appliances: Dishwasher,Electric Oven,Microwave,Refrigerator
  • Eating Area: Formal Dining Room
  • Heating: Forced Air,Natural Gas
  • Utilities: Electricity Connected,Water Connected
  • : terry@redbridgerealestate.com

Neighborhood

The average asking price of a 2 bedroom Indianapolis home in this zip code is $164,298 (21.7% more than this home).

This home is priced at $102/sqft, which is 3.0% less than similar homes in the 46201 zip code.

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School Information

  • School District:Indianapolis Public Schools

Financial

  • Approx Payment:$671*
  • Semi Annual Taxes:$434

Area Stats

These statistics are updated daily from the Metropolitan Indianapolis Board of REALTORS® Multiple Listing Service. For further analysis or to obtain statistics not shown below please call Highgarden Real Estate at (317) 801-1889 and speak with one of our real estate consultants.

Popular Homes

City
Avg Price
Median Price
Available
Distressed
Reduced
Avg DOM
Broad Ripple
$423,377
$362,900
30
0.0%
20.0%
35

Butler Tarkington
$368,543
$337,500
14
0.0%
35.7%
177

Downtown Indianapolis
$326,339
$230,000
49
0.0%
63.3%
199

Fountain Square
$328,257
$288,500
24
0.0%
45.8%
78

Irvington
$264,688
$220,000
83
0.0%
44.6%
83

Meridian Kessler
$622,263
$464,900
30
0.0%
33.3%
63

Listing Courtesy of Red Bridge Real Estate. For information or to schedule a viewing of this property (MLS# 22030200), call: 317-801-1889

831 Wallace Ave, Indianapolis IN is a single family home of 1320 sqft and is currently priced at $135,000 . This single family home has 2 bedrooms. A comparable home for sale at 801 N Denny St in Indianapolis is listed at $114,000. In addition to single family homes, Highgarden also makes it easy to find Homes, Condos, New Homes and Foreclosures in Indianapolis, IN. Kings Sub May Wasson & Cos, Hollywood and A L Roaches are nearby neighborhoods. MLS 22030200 has been posted on this site since 4/1/2025 (today).

2025

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