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125 Wallace Ave; Indianapolis, IN Property Details

125 Wallace Ave, Indianapolis, IN is a Single Family that was built in 1921. This property is currently a cash purchase and is not for sale. Our records show that 125 Wallace Ave has 2 bedrooms, and 1 bathroom, and a total of 824 square feet. The lot size of 125 Wallace Ave is 1,960 square feet.

Off market
125 Wallace Ave Indianapolis, IN 46201
$40,000 Listing Price
2 Beds
1 Baths
824 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1921
  • Est. Equity / %: $124,000 / 100%
  • Gross Yield: 6.774%
  • APN: 49-10-04-144-027.000-101
  • Situs County: Marion
  • Length Of Ownership: 12 years

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Total Rooms: 5

Structure

  • Building Style: Frame
  • Stories: 1
  • Building Condition: Fair
  • Building Quality: D
  • Roof Cover Type: Asphalt
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 824/SqFt
  • Lot: 1,960/SqFt
  • Gross: 1,020/SqFt
  • Living: 824/SqFt
  • Basement: 196/SqFt
  • Building: 1,020/SqFt
  • Ground: 824/SqFt

Legal Description

  • Description: LAYMAN & CAREYS IRV PARK ADD PT L1 40.5 S NE COR P.O.B. S49 W45 N49 E45 TO BEG
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Indianapolis Public Schools
  • Lat / Lon: 39.77196 / -86.08861
  • Subdivision: Layman & Careys Irv Park Add Pt
  • Property Class: Residential
  • Zoning: ZO01
  • County Use Code: 510

Amenities

  • Plus Four: 3721
  • Cooling: None
  • Heating: Central

Ownership Info

125 Wallace Ave has no associated ownership info
125 Wallace Ave has no associated ownership info.

Taxes

125 Wallace Ave has 10 associated Taxes items

125 Wallace Ave, Indianapolis, IN pays taxes in Marion County, IN. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $60,600. The APN we've located for 125 Wallace Ave is 49-10-04-144-027.000-101.

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Taxes
  • Assessed Value:  $60,600
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-10-04-144-027.000-101
  • Assessed Land Value:  11700
  • Market Land Value:  11700
  • Tax Amount:  412.16
  • Tax Year:  2024
  • Market Value:  60600
  • Market Year:  2025

Tax History

125 Wallace Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $60,600 Land Value $11,700 Improvement Value $48,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $412.16 Change Rate -0.125111% Assessed CR Tax Rate
Year 2023 Assessed Value $61,600 Land Value $11,700 Improvement Value $49,900 Tax Amount $471.1 Change Rate -0.077432% Assessed CR Tax Rate +0.007648%
Year 2022 Assessed Value $62,300 Land Value $11,700 Improvement Value $50,600 Tax Amount $510.64 Change Rate +0.088228% Assessed CR Tax Rate +0.008196%
Year 2021 Assessed Value $53,200 Land Value $11,700 Improvement Value $41,500 Tax Amount $469.24 Change Rate +0.462627% Assessed CR Tax Rate +0.00882%
Year 2020 Assessed Value $42,600 Land Value $2,700 Improvement Value $39,900 Tax Amount $320.82 Change Rate +0.132999% Assessed CR Tax Rate +0.007531%
Year 2019 Assessed Value $37,000 Land Value $2,700 Improvement Value $34,300 Tax Amount $283.16 Change Rate -0.112907% Assessed CR Tax Rate +0.007653%
Year 2018 Assessed Value $32,500 Land Value $2,700 Improvement Value $29,800 Tax Amount $319.2 Change Rate +0.157696% Assessed CR Tax Rate +0.009822%
Year 2017 Assessed Value $30,900 Land Value $2,700 Improvement Value $28,200 Tax Amount $275.72 Change Rate Assessed CR Tax Rate +0.008923%
Year 2016 Assessed Value $30,800 Land Value $2,700 Improvement Value $28,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $28,700 Land Value $2,700 Improvement Value $26,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $26,600 Land Value $2,700 Improvement Value $23,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $59 Change Rate Assessed CR Tax Rate