NOT LISTED FOR SALE

102 Wallace Ave Indianapolis, IN 46201

Near Eastside Neighborhood

Estimated Value: $151,000 - $168,000

2 Beds
2 Baths
796 Sq Ft
$200/Sq Ft Est. Value

Sale Details

Date Sold: May 23, 2025

Last sale price $165,000 $207 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $997 / mo

4 Days on Market

About This Home

As of May 2025

Welcome to this brick duplex in the heart of downtown. Each unit is a 1 bedroom/1 bathroom. Starting on the exterior with two separate porches for each unit, large concrete sidewalk around exterior, open backyard with privacy, and garage space. In unit 102 features new LVP and paint. Large kitchen space. Both units have separate unfinished basement space.

Last Agent to Sell the Property

Sarah Schaefer

White Stag Realty, LLC Brokerage Email: sarahschaefer@whitestagrealty.com License #RB21000236 Listed on: 04/23/2025

Last Buyer's Agent

Logan Sanford

Real Broker, LLC

Real Broker, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,986

Year Built

  • Built in 1939

Lot Details

  • 6,795

Home Design

  • Duplex

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Additional Features

  • 1-Story Property
  • 6,795 Sq Ft Lot
  • Unfinished Basement

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 491004137001000101
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,986

Year Built

Built in 1939

Lot Details

6,795 Sq Ft Lot

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1939
  • Lot Size Acres: 0.16
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: sarahschaefer@whitestagrealty.com
  • Attribution Contact: sarahschaefer@whitestagrealty.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Levels: One
  • Total Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Road Access: Not Applic

Utilities

  • Solid Waste: No

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 6795
  • Parcel Number: 491004137001000101
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1986
  • Tax Lot: 15
  • Semi Annual Property Tax Amt: 993

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2025
Closed on
May 21, 2025
Sold by
Johnson Kent Alan and Johnson Jennal L
Bought by
Jf Investment Llc
Seller's Agent
Sarah Schaefer
White Stag Realty, LLC
Buyer's Agent
Logan Sanford
Real Broker, LLC
List Price
$165,000
Sold Price
$165,000
Views
20
Current Estimated Value
$159,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,500
Avg. Annual Appreciation
-3.66%
Original Mortgage
$123,750
Outstanding Balance
$122,780
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$36,720

Purchase Details

Listed on
Aug 9, 2016
Closed on
Nov 11, 2016
Sold by
Niehoff Walter E and Niehoff Sarah J
Bought by
Johnson Kent Alan and Johnson Jennal L
Seller's Agent
Mick Deane
F.C. Tucker Company
Buyer's Agent
James Smock
F.C. Tucker Company
List Price
$99,900
Sold Price
$71,700
Premium/Discount to List
-$28,200
-28.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.26%

Purchase Details

Closed on
Jul 19, 2005
Sold by
Dearmond Donna J
Bought by
Niehoff Walter E and Niehoff Sarah I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,563
Interest Rate
5.68%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jf Investment Llc -- First American Title
Johnson Kent Alan -- None Available
Niehoff Walter E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jf Investment Llc $123,750
Previous Owner Niehoff Walter E $91,563
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/23/2025 05/23/25 Sold $165,000 0.0% $207 / Sq Ft
04/27/2025 04/27/25 Pending -- -- --
04/23/2025 04/23/25 For Sale $165,000 +130.1% $207 / Sq Ft
11/11/2016 11/11/16 Sold $71,700 -15.5% $90 / Sq Ft View Prior Sale
10/08/2016 10/08/16 Pending -- -- --
10/06/2016 10/06/16 Price Changed $84,900 -5.6% $107 / Sq Ft
09/07/2016 09/07/16 Price Changed $89,900 -10.0% $113 / Sq Ft
08/09/2016 08/09/16 For Sale $99,900 -- $126 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,882 $84,300 $23,800 $60,500
2024 $2,152 $79,300 $23,800 $55,500
2023 $2,152 $84,000 $23,800 $60,200
2022 $2,140 $84,000 $23,800 $60,200
2021 $1,839 $73,000 $23,800 $49,200
2020 $1,581 $61,700 $7,000 $54,700
2019 $1,597 $61,300 $7,000 $54,300
2018 $1,615 $129,500 $7,000 $122,500
2017 $2,742 $122,400 $7,000 $115,400
2016 $599 $45,300 $7,000 $38,300
2014 $363 $36,300 $7,000 $29,300
2013 $761 $63,400 $7,000 $56,400
Source: Public Records

Agents Affiliated with this Home

  • Sarah Schaefer

    Seller's Agent in 2025

    Sarah Schaefer

    White Stag Realty, LLC

    (317) 833-4397

    8 in this area

    123 Total Sales

    Sarah Schaefer
    Section Image

  • L

    Buyer's Agent in 2025

    Logan Sanford

    Real Broker, LLC

    Section Image
  • Mick Deane

    Seller's Agent in 2016

    Mick Deane

    F.C. Tucker Company

    (317) 849-5050

    51 Total Sales

    Mick Deane
    Section Image

  • J

    Buyer's Agent in 2016

    James Smock

    F.C. Tucker Company

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22034272

MIBOR Broker Listing Cooperative®

APN: 49-10-04-137-001.000-101

Indiana Marion County Indianapolis 46201 Near Eastside

102 Wallace Ave, Indianapolis, IN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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