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1941 Wallace Ave, Columbus, IN, 47201

1beds
1baths
783sqft
$159,900
$204price/sqft
$1,239/moest. monthly cost
$49,560/yrincome needed

About This Home

If you've been looking for a place that's fully updated and ready to move right into, this is it. The house has been recently renovated and features a really great layout with one main bedroom plus a versatile bonus room that would make a perfect home office or guest space. The heart of the home is definitely the kitchen-it has a ton of space and a big center island that's perfect for cooking and hanging out. You won't run out of storage either, thanks to a large attic with pull-down stairs and a cellar with exterior access that keeps all the utilities out of your way. Outside, you get covered front and back porches to relax on, and a spacious backyard that already has a handy storage shed. Plus, there is plenty of room back there if you want to build a garage down the road or just customize the space to make it your own.

Getting Around

61
WalkingSomewhat Walkable
0
TransitVery Limited Transit
51
BikeBikeable

Schools

4/10
5/10
Central Middle SchoolGrades 7-80.8 mi
6/10
Columbus East High SchoolGrades 9-120.9 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1900

Materials

  • Foundation: Cellar,Block,Brick/Mortar
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Electric Cooktop,Dishwasher,Dryer,Electric Water Heater,Refrigerator,Washer,Water Heater
  • Laundry features: Laundry Closet

Basement

  • Has basement: Yes
  • Basement: Cellar,Storage Space,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Bonus Room

  • Level: Main
  • Area: 63
  • Dimensions: 9x7

Features

  • Attic Access,Attic Pull Down Stairs,High Speed Internet,Eat-in Kitchen,Smart Thermostat
  • Attic: Access Only,Pull Down Stairs
  • Finished area below ground: 0

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 783
  • Total interior livable area: 783 sqft

Kitchen

  • Level: Main
  • Area: 140
  • Dimensions: 14x10

Living Room

  • Level: Main
  • Area: 180
  • Dimensions: 15x12

Master Bedroom

  • Level: Main
  • Area: 90
  • Dimensions: 10x9

Property

Details

  • Parcel number: 039630120011700005
  • Horse amenities: None

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered

Lot

  • Lot size: 6,534 sqft
  • Features: Not In Subdivision

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tornado
    TornadoVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate
  • Hail
    HailModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Tornado
Inland Flooding
Winter Weather
Cold Wave
Earthquake
Hail
Lightning
Strong Wind

FEMA Declared Disasters Across Indiana Counties

Flood
Severe Storm
Snowstorm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $808$9,696
Home Insurance *$98$1,176
Property Taxes $149$1,788
Electricity $184$2,212
Total$1,239$14,868
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$42,480/yr
40% on housing$37,170/yr
45% on housing$33,040/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.2%
9.2%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 5.6%
5.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$204This listing

vs Other Active Listings

Avg $/sqft

ZIP 47201$147
Bartholomew County$140

vs Homes Sold Last Month

Median $/sqft

ZIP 47201$154
Bartholomew County$143

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-24Listed for sale$159,900
2024-07-02Sold$136,500
2024-06-12Pending sale$139,900
2024-05-24Listed for sale$139,900
2021-04-15Sold$60,000
2021-03-10Pending sale$69,900
2021-02-24Listed for sale$69,900

For Sale by Agent

AgentZane Wischmeier
BrokerageeXp Realty LLC

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