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Back 614 Wallace Avenue
Off Market

614 Wallace Avenue

Indianapolis IN 46201

3
2
3240 sq. ft.
4487 sq. ft.
Single-Family
Last sold for $160,000
Teresa HeffernanTeresa Heffernan, last sold this property on 14 May 2026 after 59 days on market.

Overview

Great opportunity to build some equity with a little vision and a renovation budget! House can be lived in as it is, but could use some repairs and updates. The original 2 family dwelling floor plan has been converted to a HUGE 3 bed / 2 full bath SINGLE FAMILY home that could easily be a 4/5 bed, 3 full bath! Charming entry way with arched doorway; Formal dining room; Large living room with a bay window; Breakfast nook off the kitchen; Main level office could be the family room or easily converted to a 4th bedroom; Spacious, main level laundry room includes cabinetry and a folding counter; Sunroom behind the laundry features a skylight; Huge 2nd floor full bath could be converted back to 2 full bathrooms; Primary bedroom has 2 closets and a sitting room, it could be converted back to 2 separate bedrooms with the simple addition of a wall and 2nd entry door; Full, unfinished basement has daylight window; Carport and 2 driveways for lots of off street parking; Covered front porch and back deck plus a charming side yard surrounded by a privacy fence. Make this diamond in the rough your GEM of the neighborhood!

Features

3 bedrooms
2 bathrooms
3240 sq. ft. floor area
4487 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Indianapolis over the last 12 months, the estimated median property value of 614 Wallace Avenue is $205.55k.

Median value
$205.55k
Estimated value range
$50k - $925k
Median days on market
27
Estimated value trend
-2%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Indianapolis. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 614 Wallace Avenue

2026
Sold
$160,000
14 May 2026 by Teresa Heffernan, of Epique Inc

Happy sellers in Indianapolis

87%
87% of sellers in Indianapolis reported that their sale price either exceeded or met their price expectations.

Indianapolis stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in Indianapolis over the last 12 months.

Local market activity for 3 bedroom single-family properties in Indianapolis

In the last 12 months, 219 three-bedroom single-family properties similar to 614 Wallace Avenue, have been sold.

This represents a 23% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Indianapolis

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Andres Rodriguez

Andres Rodriguez is a recommended agent for Indianapolis.  They have 3 local sales and collected 2 local reviews across the last 12 months.

  •   5   (7 reviews)
  •  2 Reviews in Indianapolis
  •  3 Sales in Indianapolis
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Summer Hudson

Sellers who recommend Summer Hudson have praised them for being local expert, clear communication, responsive, supportive, honest, patient, and great negotiation

  •   5   (233 reviews)
  •  2 Reviews in Indianapolis
  •  2 Sales in Indianapolis
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Virginia Iozzo

Virginia Iozzo is a recommended agent for Indianapolis.  They have 6 local sales and collected 1 local review across the last 12 months.

  •   5   (2 reviews)
  •  1 Review in Indianapolis
  •  6 Sales in Indianapolis
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Chas Schaffernoth

Chas Schaffernoth is an award winning recommended agent for Indianapolis.  They have 3 local sales and collected 1 local review across the last 12 months.

  •   5   (10 reviews)
  •  1 Review in Indianapolis
  •  3 Sales in Indianapolis
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