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(317) 362-9181

601 Wallace Ave, Indianapolis, IN 46201

$170,000

Charming two-story home featuring a welcoming front porch and classic architectural details at 601 Wallace Ave, Indianapolis, IN 46201
  • Bedrooms

    2

  • Baths

    2

  • Sq. Feet

    1576

  • Year Built

    1915

  • Days on Market

    3

  • $/SqFt

    $108

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Home Description

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.

  • Property Type: Single Family
  • Style: TraditonalAmerican
  • Basement: Unfinished
  • Garage Spaces: 0
  • Acres: <1/4 Acre
  • Lot Description: Sidewalks
  • Siding: Vinyl Siding
  • Patio & Porch: Covered Porch,Deck Main Level
  • Fencing: Fence Full Rear

Available now at $170,000

Approximate Room Sizes / Descriptions

Living Room16X13Main
Dining Room13x12Main
Kitchen15x13Main
Primary Bedroom13x13Upper
Bedroom 213x10Upper
  • Interior Description: Paddle Fan,Windows Vinyl
  • Full Baths: 1
  • Half Baths: 1
  • Num Fireplaces: 0
  • Appliances: Dishwasher,Dryer,Electric Oven,Gas Water Heater,Refrigerator,Washer
  • Eating Area: Dining Combo/Family Room
  • Heating: Electric,Forced Air,Natural Gas
  • Utilities: Cable Available,Electricity Connected,Sewer Connected,Water Connected
  • : mromano103@hotmail.com

Neighborhood

The average asking price of a 2 bedroom Indianapolis home in this zip code is $163,251 (4.0% less than this home).

This home is priced at $108/sqft, which is 4.3% less than similar homes in the 46201 zip code.

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School Information

  • School District:Indianapolis Public Schools

Financial

  • Approx Payment:$845*
  • Semi Annual Taxes:$224

Area Stats

These statistics are updated daily from the Metropolitan Indianapolis Board of REALTORS® Multiple Listing Service. For further analysis or to obtain statistics not shown below please call Highgarden Real Estate at (317) 362-9181 and speak with one of our real estate consultants.

Listing Courtesy of Keller Williams Indpls Metro N. For information or to schedule a viewing of this property (MLS# 22031356), call: 317-362-9181

601 Wallace Ave, Indianapolis IN is a single family home of 1576 sqft and is currently priced at $170,000 . This single family home has 2 bedrooms. A comparable home for sale at 410 N Euclid Ave in Indianapolis is listed at $140,000. In addition to single family homes, Highgarden also makes it easy to find Homes, Condos, New Homes and Foreclosures in Indianapolis, IN. Adams George F, Christian Park Heights and Brightwood are nearby neighborhoods. MLS 22031356 has been posted on this site since 4/10/2025 (today).

2025

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