758 Wallace Ave, Indianapolis, IN, 46201
About This Home
This 4-bedroom, 2-bath home offers over 2200 feet of comfortable living space and brings in $1050 per month in rental income. The layout is spacious and functional, appealing to long-term tenants. Situated on the eat side of Indianapolis, it's close to school, parks, and major roads. A dependable investment with consistent cashflow.
Getting Around
Somewhat Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1920
Materials
- Foundation: Block
- Construction materials: Aluminum Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: None,Gas Water Heater
Basement
- Has basement: Yes
- Basement: Unfinished
Bedroom2
- Level: Upper
- Area: 160
- Dimensions: 10x16
Bedroom3
- Level: Upper
- Area: 117
- Dimensions: 9x13
Bedroom4
- Level: Upper
- Area: 132
- Dimensions: 11x12
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Dining Room
- Level: Main
- Area: 156
- Dimensions: 12x13
Features
- Window features: Wood Work Painted
- Finished area below ground: 0
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 2,017
- Total interior livable area: 2,017 sqft
Kitchen
- Level: Main
- Area: 143
- Dimensions: 11x13
Living Room
- Level: Main
- Area: 195
- Dimensions: 13x15
Master Bedroom
- Level: Upper
- Area: 322
- Dimensions: 14x23
Property
Details
- Parcel number: 491004112018000101
- Horse amenities: None
Features
- Levels: One and One Half
- Stories: 1
Lot
- Lot size: 4,356 sqft
Parking
- Total spaces: 1
- Parking features: Detached
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
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
- Cold Wave
- Heat Wave
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $884 | $10,608 |
| Home Insurance * | $173 | $2,076 |
| Property Taxes | $340 | $4,080 |
| Electricity | $184 | $2,218 |
| Total | $1,581 | $18,972 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
Wildfire
Hail
WindHow 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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2025-08-18 | Listed for sale | $175,000 |
| 2017-04-27 | Sold | $64,000 |
| 2017-04-04 | Pending sale | $64,000 |
| 2017-03-31 | Listed for sale | $64,000 |
| 2017-03-28 | Pending sale | $64,000 |
| 2017-01-13 | Listed for sale | $64,000 |
| 2016-01-24 | Listing removed | $75,000 |
| 2015-10-26 | Price change | $75,000 |
| 2015-09-16 | Listed for sale | $79,000 |
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