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1517 Wallace Ave, Indianapolis, IN 46201

$145,000

Charming bungalow-style home with fresh exterior paint and lush front yard at 1517 Wallace Ave, Indianapolis, IN 46201

  • Bedrooms

    2

  • Baths

    1

  • Sq. Feet

    1488

  • Year Built

    1940

  • Days on Market

    3

  • $/SqFt

    $97

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27 Photos

  • Charming bungalow-style home with fresh exterior paint and lush front yard at 1517 Wallace Ave, Indianapolis, IN 46201
  • Inviting bungalow with a cozy front porch, landscaped lawn, and detached garage at 1517 Wallace Ave, Indianapolis, IN 46201
  • Modern kitchen featuring white cabinets, sleek hardware, and butcher block counters at 1517 Wallace Ave, Indianapolis, IN 46201
  • Stylish bathroom with marble tile shower, built-in shelves, and updated fixtures at 1517 Wallace Ave, Indianapolis, IN 46201
  • Bright and airy sunroom with multiple windows and a neutral color palette at 1517 Wallace Ave, Indianapolis, IN 46201
  • Minimalist bedroom featuring hardwood flooring and abundant natural light from a large window at 1517 Wallace Ave, Indianapolis, IN 46201
  • Spacious living room with hardwood floors and neutral color scheme, ready for decor at 1517 Wallace Ave, Indianapolis, IN 46201
  • Bright living room with hardwood floors, fresh paint, and lots of windows for natural light at 1517 Wallace Ave, Indianapolis, IN 46201
  • Modern dining area featuring hardwood floors and an elegant chandelier above the room at 1517 Wallace Ave, Indianapolis, IN 46201
  • Well-lit dining area with hardwood floors, new paint, and natural light from two large windows at 1517 Wallace Ave, Indianapolis, IN 46201
  • Bright living room showcasing neutral walls, wood-look floors, and natural light through two windows at 1517 Wallace Ave, Indianapolis, IN 46201
  • Open concept living and kitchen area with natural light and modern stainless steel appliances at 1517 Wallace Ave, Indianapolis, IN 46201
  • Close-up of stainless steel appliances in the kitchen, including a refrigerator and gas stove at 1517 Wallace Ave, Indianapolis, IN 46201
  • Bathroom with white vanity, black framed mirror, and modern faucet at 1517 Wallace Ave, Indianapolis, IN 46201
  • Bedroom featuring wood-look floors, two windows, and dark curtains at 1517 Wallace Ave, Indianapolis, IN 46201
  • Bedroom featuring wood-look floors, one window with dark curtains, and a white door at 1517 Wallace Ave, Indianapolis, IN 46201
  • Bedroom with natural light, wood-look flooring, white trim, and a white door at 1517 Wallace Ave, Indianapolis, IN 46201
  • Bedroom featuring wood-look floors, two windows with blinds, and white walls at 1517 Wallace Ave, Indianapolis, IN 46201
  • Bedroom featuring wood-look floors, one window with blinds, and a white door at 1517 Wallace Ave, Indianapolis, IN 46201
  • Bedroom featuring wood-look floors, two white doors, and white walls at 1517 Wallace Ave, Indianapolis, IN 46201
  • A detached one car garage has a traditional door with painted wood siding and black asphalt driveway at 1517 Wallace Ave, Indianapolis, IN 46201
More Photos \/
  • An aerial view captures the neighborhood's landscape, revealing a mix of lush greenery and tidy residential homes at 1517 Wallace Ave, Indianapolis, IN 46201
  • This scenic aerial shot displays the neighborhood homes adorned with mature trees and beautifully maintained green lawns at 1517 Wallace Ave, Indianapolis, IN 46201
  • Expansive aerial shot showcases the beautiful neighborhood with neatly arranged homes, lush trees, and open green spaces at 1517 Wallace Ave, Indianapolis, IN 46201
  • A bird's eye view of a neighborhood's mature trees and manicured lawns adds to the tranquil setting of the houses at 1517 Wallace Ave, Indianapolis, IN 46201
  • The homes, shaded by trees, form a picturesque community, with a glimpse of the city skyline on the horizon at 1517 Wallace Ave, Indianapolis, IN 46201
  • Traditional home boasts a quaint front porch, landscaped lawn, and a detached garage along a private driveway at 1517 Wallace Ave, Indianapolis, IN 46201
Less Photos /\

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Home Description

Short Sale Approved. Updated 2-bedroom 1 bath home. Detached garage. Partially fenced yard. Comes with all appliances. Home being sold as-is.

  • Property Type: Single Family
  • Style: Bungalow
  • Basement: Yes
  • Garage Spaces: 1
  • Acres: <1/4 Acre
  • Siding: Vinyl Siding
  • Patio & Porch: Glass Enclosed
  • Fencing: Partial

Available now at $145,000

Approximate Room Sizes / Descriptions

Living Room14x12Main
Dining Room8x8Main
Kitchen8x6Main
Primary Bedroom13x12Main
Bedroom 210x10Main
  • Interior Description: Attic Access,Windows Vinyl
  • Full Baths: 1
  • Num Fireplaces: 0
  • Appliances: Disposal,Dryer,Gas Oven,Gas Water Heater,MicroHood,Refrigerator,Washer
  • Eating Area: Formal Dining Room
  • Heating: Forced Air,Natural Gas
  • : renaesellshomes317@gmail.com

Neighborhood

The average asking price of a 2 bedroom Indianapolis home in this zip code is $164,140 (13.2% more than this home).

This home is priced at $97/sqft, which is 1.2% less than similar homes in the 46201 zip code.

Foreclosure Commenced Potential Short Sale

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School Information

  • School District:Indianapolis Public Schools

Financial

  • Approx Payment:$720*
  • Semi Annual Taxes:$305

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) 698-6725 and speak with one of our real estate consultants.

Popular Homes

City
Avg Price
Median Price
Available
Distressed
Reduced
Avg DOM
Broad Ripple
$465,543
$372,950
30
0.0%
36.7%
36

Butler Tarkington
$333,589
$337,500
18
0.0%
38.9%
137

Downtown Indianapolis
$334,875
$237,500
42
0.0%
64.3%
219

Fountain Square
$335,464
$309,950
26
0.0%
42.3%
64

Irvington
$268,897
$219,700
80
0.0%
42.5%
74

Meridian Kessler
$587,403
$444,450
32
0.0%
50.0%
47

Listing Courtesy of eXp Realty LLC. For information or to schedule a viewing of this property (MLS# 22036973), call: (317) 698-6725

1517 Wallace Ave, Indianapolis IN is a single family home of 1488 sqft and is currently priced at $145,000 . This single family home has 2 bedrooms. A comparable home for sale at 606 N Colorado Ave in Indianapolis is listed at $120,000. In addition to single family homes, Highgarden also makes it easy to find Homes, Condos, New Homes and Foreclosures in Indianapolis, IN. Hollywood, Bosart Heirs and A L Roaches are nearby neighborhoods. MLS 22036973 has been posted on this site since 5/6/2025 (today).

2025

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