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$161,783

Listing Price

2beds

1.5baths

1,144sqft

3,200sqft lot

601 Wallace Ave, Indianapolis, IN 46201

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

141.42

Price / sqft

1915

Year built

Home Details

Finding a home this updated, in a location like this, at this price point? Rare. This move-in-ready townhome sits on one of Emerson Heights' most welcoming streets, just minutes from downtown, Irvington, and Ellenberger Park. Inside, you'll find an open layout with updated LVP flooring, a fully renovated kitchen, and a convenient half bath on the main floor. The top-of-the-line washer and dryer are also located on the main level for added ease. Upstairs are two comfortable bedrooms and a fully updated bathroom with clean, modern finishes. Step outside and enjoy a covered front porch that's perfect for relaxing, plus a brand-new back deck (April 2025) that overlooks a spacious, privacy-fenced backyard-ideal for entertaining, pets, or a garden. Additional updates include a brand-new AC unit (April 2025) and custom window treatments throughout. Whether you're a first-time buyer, investor, or simply looking for a low-maintenance home in a well-loved neighborhood, this one delivers serious value.

Interior Details

Square Feet
  • 1144

Bedrooms
  • 2

Bathrooms
  • 1.5

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Central

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    Partial

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 3200

Water
  • Yes

Sewer
  • Yes

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • N/A

Style
  • N/A

Exterior
  • N/A

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • N/A

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

0

$0

$4,600

$48,900

--%

$53,500

0

$0

$0

$0

--%

$0

percent-home-icon

Average Home Price in 46201

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$180,000

3 Beds

-- Baths

1,128 Sqft

3,180 Lot (sqft)

Sold 10/14/2026

$170,000

2 Beds

-- Baths

992 Sqft

5,445 Lot (sqft)

Sold 10/12/2026

$187,050

3 Beds

-- Baths

1,181 Sqft

4,792 Lot (sqft)

Sold NaN/NaN/NaN

$219,900

3 Beds

-- Baths

1,253 Sqft

6,708 Lot (sqft)

Sold 10/13/2026

$229,900

2 Beds

2 Baths

977 Sqft

5,227 Lot (sqft)

Sold 10/13/2026

$150,564

3 Beds

1 Baths

1,170 Sqft

6,360 Lot (sqft)

Sold 10/13/2026

$119,900

2 Beds

1 Baths

1,118 Sqft

4,792 Lot (sqft)

Sold 10/13/2026

$234,900

2 Beds

-- Baths

1,218 Sqft

6,229 Lot (sqft)

Sold 10/13/2026

$184,000

2 Beds

1 Baths

1,170 Sqft

6,229 Lot (sqft)

Sold 10/13/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
161,783
$
Down payment
32,356.60
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
970.69
$
HOA (Monthly)
0
$
PMI
0
$
$1,047
Your Payment
Total Monthly Payment:$1,047
Percent of Income:18%
Affordable:Yes

Details for 601 WALLACE AVE

Property Debt

Foreclosure Contact Details