614 Wallace AVE Indianapolis, IN 46201 New

UPDATED: 03/16/2026 10:20 PM ON MARKET: 3 days on market

$160,000

3 Beds2 Baths3,240 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,240 sqft

Price per Sqft $49

Subdivision No Subdivision

MLS Listing ID 22089224

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1915

Tax Year 2024

Lot Size 4,356 Sqft

Acres 0.1

Property Sub-Type Single Family Residence

Property Description

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!