$2,601

closing credit¹

738 Wallace Ave Indianapolis, IN 46201

$219,000
3 beds
1 full
2,364 sqft
0.10 acres
$93 / sqft
House

Property details

About 738 Wallace Ave

This beautifully updated 3-bedroom, 1.5-bath home offers the perfect blend of modern elegance and timeless charm. Nestled in the desirable Irvington neighborhood, it provides easy access to downtown, making it the ideal location for both work and leisure. Step inside to discover a bright and airy living space, featuring abundant natural light streaming through large windows, highlighting the stunning hardwood floors throughout. The spacious, open-concept living and dining areas are perfect for entertaining. The exquisite dining room is a standout with an eye-catching accented ceiling that adds a touch of sophistication. The modern kitchen is a true chef's dream, showcasing a large kitchen island, sleek stainless steel appliances, and a stunning copper farmhouse sink that creates a unique focal point. Trendy finishes and ample cabinetry make this kitchen both functional and stylish. The luxurious bath has been thoughtfully updated with contemporary fixtures and finishes, offering a serene retreat. The 1.5 baths are perfect for both family and guests. Excellent space for hosting family and friends including a large enough to create another great space outside. Stepping out to the back to your private, fenced-in yard-a great space for relaxing, gardening, or hosting gatherings. This home has everything you need, from stylish updates to its prime location in the vibrant Irvington neighborhood. Don't miss the opportunity to own this exceptional home!

Highlights

Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusSale Pending
(Pending)
CoolingWindow Unit(s)
Size2,364 sqft
BasementYes
Lot size0.1 Acres
Year built1920
MLS #22016192

Summary

  • MLS Number: 22016192
  • MLS Name: MIBOR
  • Office Name: Highgarden Real Estate
  • Office Email: gfosso@highgarden.com
  • Listing Agent: Gina Fosso-Schibley

IDX Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.

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view of front facade featuring a porch

$219,000

738 Wallace Ave

$2,601

closing credit¹

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Price information

Property sales

DateEventPrice
May 05, 2005
Home Sold
$61,520

Tax history

YearAssessmentProperty Tax
2023$126,800$63
2022$128,400$62
2021$104,100$59
2020$99,500$155
2019$90,000$152
2018$80,600$148
2017$73,800$145

History based on county public records data.

Nearby schools

3

Ralph W. Emerson Elementary School 58

Public District PK-6

0.4 mi

321 N Linwood Ave

3

George W. Julian Elementary School 57

Public District KG-6

0.9 mi

5435 E Washington St

3

Christian Park Elementary School 82

Public District KG-6

1.2 mi

4700 English Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $31,100. Most Indianapolis, IN residents have annual incomes less than $<35k. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

53%
<35k
40%
35k-100k
5%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

56%
Single, No Kids
22%
Single, with Kids
11%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

20%
<11 yrs old
8%
12-17 yrs old
25%
18-34 yrs old
40%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • Pro BoxingPro Boxing
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • BurlingtonBurlington
  • Sam's ClubSam's Club

Where do the neighbors go to eat?

  • Burger KingBurger King
  • PopeyesPopeyes
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • BuickBuick
  • DodgeDodge
  • CadillacCadillac

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • JazzJazz
  • RockRock
All data provided by Home Junction and Claritas

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Frequently asked questions

About 738 Wallace Ave

This home is located at 738 Wallace Ave in Indianapolis, IN and zip code 46201 in the Emerson Heights neighborhood. This 2,364 square foot home, which was built in 1920, sits on a 0.10 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since January 5, 2025 and is currently priced at $219,000.

Indianapolis, IN housing market in January 2025 saw over 100 listings sold above listed price, more than 147 sold at listed price and over 354 sold below. The inventory of homes for sale in Indianapolis, IN between December and January 2025 decreased by 2.2%. Listings spent 48 days on the market in January 2025, and had a median list price of $249,950 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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