$55,000
$65,000
15.4%For more information regarding the value of a property, please contact us for a free consultation.
3901 Wallace AVE Indianapolis, IN 46226
2 Beds
1 Bath
1,047 SqFt
Key Details
Sold Price $55,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,047 sqft
Price per Sqft $52
Subdivision I Mendenhall
MLS Listing ID 22097576
Sold Date 06/12/26
Bedrooms 2
Full Baths 1
HOA Y/N No
Year Built 1927
Tax Year 2024
Lot Size 0.360 Acres
Acres 0.36
Property Sub-Type Single Family Residence
Property Description
Attention investors, builders, and developers! This .36-acre corner lot at 3901 Wallace Ave offers incredible potential in an area seeing consistent growth and revitalization. With its generous size and corner positioning, this property presents multiple development possibilities. Currently zoned D-3, the lot may support a variety of residential uses (buyer to verify), including the potential for a duplex on a corner lot or a strategic lot split for new construction. The size and layout provide flexibility for those looking to maximize value through redevelopment. Surrounded by established homes and convenient access to major roads, schools, shopping, and downtown Indianapolis, this location makes for a strong long-term investment or build opportunity.
Location
State IN
County Marion
Rooms
Main Level Bedrooms 2
Interior
Heating None
Cooling None
Fireplace N
Appliance None
Exterior
Water Access Desc Public
Building
Story One
Foundation Crawl Space, Block
Water Public
Architectural Style Ranch
Structure Type Wood Siding
New Construction false
Schools
School District Indianapolis Public Schools
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© 2026 All listing information is courtesy of MIBOR Broker Listing Cooperative(R) as distributed by MLS Grid. All rights reserved.
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