1206 Wallace Ave, Indianapolis, IN 46201 Property Records

Marion County property record for 1206 Wallace Ave, Indianapolis, IN 46201

Property Summary

Property Type	Single Family Home
Details	2 bd · 1,280 sqft · built 1930
Lot Size	0.14 acres (6,098 sqft)
Owner	Individual Name on Record
Last Sale	$215,000 (Jul 2022)
Tax Bill	$2,436 (2025)
Deeds & Mortgages	Sep 2026 Mortgage Jul 2022 Sale & Mortgage + 2 more
Flood Zone	Zone X (minimal risk)
APN	`49-07-33-179-089.000-101`

Property Details

APN / Parcel Number

Primary APN	`49-07-33-179-089.000-101`
Alternative APN	`1002454`

Interior

Bedrooms	2 Beds
Total Rooms	6 Rooms
Stories	1 Story
Building Area	1,280 sqft Living Area
Gross Area	1,652 sqft
1st Floor Area	950 sqft
Basement Area	702 sqft
Finished Basement	330 sqft
Unfinished Basement	372 sqft
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1930
Effective Year Built	Effective 2007
Construction Type	Frame
Foundation Type	Raised
Roof Material	Asphalt
Lot Area	6,098 sqft (0.14 acres)
Lot Dimensions	136 ft deep x 45 ft wide
Garage Type	Detached
Garage Area	192 sqft
Parking Spaces	1 Parking Space

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Central
Sewer	Connected

Location & Zoning

Street Address	1206 WALLACE AVE
City	INDIANAPOLIS
State	IN
Zip	46201-1842
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	ZO01
Legal Description	EMERLEIGH ADD L159
Legal Subdivision	EMERLEIGH ADD
Legal Lot Number	159
Jurisdiction	MARION IN
Township / Civil Division	CENTER
Census Block Group	3
Census Block	3019
Census Tract	352500

Owner

Source: Marion County records, as of October 2, 2026

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of Record	Individual Name on Record
Mailing Address	1206 WALLACE AVE, INDIANAPOLIS, IN 46201-1842
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Sep 22, 2026	Deed of Trust, Mortgage · FHA Mortgage SERVICELINK
Jul 12, 2022	Warranty Deed, Transfer · FHA Mortgage RUOFF MORTGAGE CO INC
Mar 19, 2020	Warranty Deed, Transfer · Conventional Mortgage OLD NATIONAL BANK
Oct 24, 2019	Warranty Deed, Transfer · Conventional Mortgage BUSEY BANK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jul 12, 2022 · Amount on Record
Deed Sale	Jul 12, 2022 · Amount on Record
Prior Sale	Mar 19, 2020 · Amount on Record
Deed Document Number	202277877
Prior Transfer Date	Apr 25, 2013
Prior Transfer Doc	0000050924
Record Updated	Oct 29, 2026

September 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARION IN
Recording Date	Sep 22, 2026
Property Address	1206 WALLACE AVE, INDIANAPOLIS, IN 46201-1842
Document Number	0000082561
Instrument Date	Aug 18, 2026
Instrument	202682561
Transaction Type	Mortgage
Record Updated	Oct 2, 2026
Title Company	SERVICELINK

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1206 WALLACE AVE, INDIANAPOLIS, IN 46201-1842

Mortgage

Document Number	0000082561,
Date	Sep 22, 2026
Instrument	202682561

Lender

Agreement

Type	FHA Mortgage
Amount	Amount Recorded
Term	310 Months
Due	Jul 1, 2052

Interest

Max Rate	-1%

July 2022: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MARION IN
Recording Date	Jul 12, 2022
Property Address	1206 WALLACE AVE, INDIANAPOLIS, IN 46201-1842
Document Number	0000077877
Map Reference	PB 18 PG 93
Instrument Date	Jun 20, 2022
Instrument	A202200077877
Transaction Type	Transfer
Record Updated	Jun 12, 2023

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Verified / From Affidavit
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	IN

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1206 WALLACE AVE, INDIANAPOLIS, IN 46201-1842

Mortgage

Document Number	0000077878
Date	Jul 12, 2022
Instrument	A202200077878

Lender

Name	RUOFF MORTGAGE CO INC

Agreement

Type	FHA Mortgage
Amount	Amount Recorded

March 2020: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MARION IN
Recording Date	Mar 19, 2020
Property Address	1206 WALLACE AVE, INDIANAPOLIS, IN 46201-1842
Document Number	0000029958
Instrument Date	Mar 11, 2020
Instrument	A202000029958
Transaction Type	Transfer
Record Updated	Aug 15, 2022

Transaction

Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1206 WALLACE AVE, INDIANAPOLIS, IN 46201-1842

Mortgage

Document Number	0000029959
Date	Mar 19, 2020
Instrument	A202000029959

Lender

Name	OLD NATIONAL BANK

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded

Interest

Rate Type	Fixed Rate

October 2019: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MARION IN
Recording Date	Oct 24, 2019
Property Address	1206 WALLACE AVE, INDIANAPOLIS, IN 46201-1842
Document Number	0000104961
Instrument Date	Sep 11, 2019
Instrument	A201900104961
Transaction Type	Transfer
Record Updated	Aug 15, 2022

Transaction

Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	6560 YELLOWSTONE PKWY, 6560, INDIANAPOLIS, IN 46217-3951

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	6560 YELLOWSTONE PKWY, INDIANAPOLIS, IN 46217-3951

Mortgage

Document Number	0000104962
Date	Oct 24, 2019
Instrument	A201900104962

Lender

Name	BUSEY BANK

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded

Interest

Rate Type	Fixed Rate

Tax Assessment & Valuation

Source: Marion County assessment roll, as of March 16, 2026

Property Jurisdictions

Type	Name
State	Indiana
County	Marion County
County Subdivision	Center Township
Consolidated City	Indianapolis City
Unified School District	Indianapolis Public Schools (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$2,436.00 (+4.01%)	$216,500 (+8.09%) Land $24,800 Building $191,700	$216,500 (+8.09%) Land $24,800 Building $191,700
2023	$2,342.00 (+1.39%) Homeowner's exemption	$200,300 (+2.35%) Land $24,800 Building $175,500	$200,300 (+2.35%) Land $24,800 Building $175,500
2022	$2,310.00 (-41.43%)	$195,700 Land $24,800 Building $170,900	$195,700 Land $24,800 Building $170,900
2021	$3,944.00

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective June 7, 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	CITIZENS WATER - INDIANAPOLIS serves 880,345 people · EPA ID IN5249004
Water Source	Surface water
Last State Inspection	May 2024
Lead	3 ppb (2026) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 866 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
AT&T Fiber · DSL in parts of the area	5,000 / 5,000
Spectrum Cable	1,000 / 1,000
Verizon Fixed Wireless	1,000 / 75

May also be available: Xiber.

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