715 Wallace Avenue, Indianapolis, IN 46201
Emerson Heights · Marion County
Key Facts
Description
Discover this charming 3-bedroom, 1-bath home in Emerson Heights, offering 2,158 square feet. The front stone patio offers an excellent space for additional outdoor living! The covered Craftsman-style front porch is cozy and inviting, welcoming you and guests to your new home. Enjoy the original hardwood floors throughout the main level, for that added timeless character. The private upper master bedroom includes multiple closets, providing a large storage capacity, not typically found in homes of this era. The dining room showcases a built-in glass-front cabinet that elevates everyday meals with a touch of history. The kitchen stands out with high ceilings and full walls of cabinetry, delivering abundant storage and a bright, open feel. The full, unfinished basement opens up exciting possibilities, including a potential dog-wash station and a dedicated woodworking area for hobbies and projects. Or just enjoy the extra storage space. The back outdoor living area and yard is an absolute dream! With a large elevated deck for sun & fun and a covered patio for those rainy days! And with the 6' fully fence back yard, you have total privacy with no worry of disrupting the neighbors or your furry friends getting out! The large, cinderblock 2-car garage offers safe alley access to pull right in! There is also a pull-down ladder for additional attic storage in the garage. This home really has all the charm and history of Emerson Heights with all the storage and space needed!! Also... just a short .7 mile bike or stroll to Ellenberger Park and less than 1.5 miles to all the Irvington attractions, you will always have some place to go and something to do! Come see it today!
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Craftsman
Year Built
1921
Living Area
2,488 sq ft
Lot Size
0.15 acres
Garage Spaces
2
Days on Market
32
MLS® Listing#
22108588
Property Features
Interior
Exterior
Appliances
Cooling
Heating
Flooring
Basement
Parking
Laundry
Fencing
Construction
Foundation
Security
Water Source
Financial Details
HOA
None
Parcel Number
491004142052000101
Directions
GPS Friendly
Affordability Calculator
$43,000
Estimated monthly payment
$1,144/mo
Principal $172,000 · Est. interest $239,955 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Indianapolis, IN
- $275,906
- Median Listing Price
- 56
- Median Days on Market
- 1,624
- Median Sq Ft
- $157
- Median Price / Sq Ft
- 3,372
- Active Listings
- This home’s price is 22% below the area median.
- Its price per sq ft is 45% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Indianapolis, IN.
Location
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| 1633 Finley Avenue, Indianapolis, IN | $152,500 | 2 | 2 | 1,351 |
| 3417 Luewan Drive, Indianapolis, IN | $152,900 | 3 | 1 | 1,022 |
| 5329 E 34th Street, Indianapolis, IN | $153,500 | 3 | 1 | 900 |
| 240 Legends Creek Place APT 208, Indianapolis, IN | $153,999 | 2 | 2 | 1,124 |
Moving Cost Estimate
EXIT Agents in Indianapolis
Listing Courtesy: Traditions Realty, LLC - mitzibockelman16@gmail.com
Last Updated: 2026-06-17