Marion County property record for 125 Wallace Ave, Indianapolis, IN 46201
| Property Type | Single Family Home |
|---|---|
| Details | 2 bd · 824 sqft · built 1921 |
| Lot Size | 0.044 acres (1,960 sqft) |
| Owner | 2 Owner Names on File |
| Tax Bill | $401 (2023) |
| Flood Zone | Zone X (minimal risk) |
| APN | 49-10-04-144-027.000-101 |
| Primary APN | 49-10-04-144-027.000-101 |
|---|---|
| Alternative APN |
|
| Bedrooms | 2 Beds |
|---|---|
| Total Rooms | 5 Rooms |
| Stories | 1 Story |
| Building Area | 824 sqft Living Area |
| Gross Area | 1,020 sqft |
| 1st Floor Area | 824 sqft |
| Basement Area | 196 sqft |
| Year Built | Built 1921 |
|---|---|
| Effective Year Built | Effective 1966 |
| Construction Type | Wood |
| Foundation Type | Raised |
| Roof Material | Asphalt |
| Lot Area | 1,960 sqft (0.044 acres) |
| Lot Dimensions | 40 ft deep x 49 ft wide |
| Heating System | Central |
|---|---|
| Sewer | Connected |
| Account Number | 1015605 |
|---|---|
| Old Parcel Number | 1015605 |
| Street Address | 125 WALLACE AVE |
| City | INDIANAPOLIS |
| State | IN |
| Zip | 46201-3721 |
| Property Category | Residential |
| Property Type | Residential > Single Family > Home |
| Local Zoning Code | ZO01 |
| Legal Description | LAYMAN & CAREYS IRV PARK ADD PT L1 40.5' S NE COR P.O.B. S49' W45' N49' E45' TO BEG |
| Legal Range | 04 |
| Legal Township | 15 |
| Legal Section | 04 |
| Legal Subdivision | LAYMAN & CAREYS IRVINGTON PARK |
| Legal Lot Number | 1 40 |
| Jurisdiction | MARION IN |
| Township / Civil Division | CENTER |
| Census Block Group | 1 |
| Census Block | 1006 |
| Census Tract | 355400 |
The current owner of 125 Wallace Ave acquired it in September 2014.
Source: Marion County records, as of May 10, 2024
| Owner of Record | 2 Owner Names on File |
|---|---|
| Mailing Address | 125 WALLACE AVE, INDIANAPOLIS, IN 46201-3721 |
| Occupancy | Owner Occupied |
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Deed Names | 2 Names on Deed |
|---|---|
| Last Sale | Sep 26, 2014 |
| Deed Sale | Sep 26, 2014 |
| Deed Document Number | A201400092623 |
| Record Updated | Jun 7, 2026 |
Source: Marion County assessment roll, as of July 1, 2023
| Type | Name |
|---|---|
| State | Indiana |
| County | Marion County |
| County Subdivision | Center Township |
| Consolidated City | Indianapolis City |
| Unified School District | Indianapolis Public Schools (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2023 | $401.00 (-9.28%) | $61,600 (-1.12%) Land $11,700 Building $49,900 | $61,600 (-1.12%) Land $11,700 Building $49,900 |
| 2022 | $442.00 | $62,300 Land $11,700 Building $50,600 | $62,300 Land $11,700 Building $50,600 |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
FEMA maps place 125 Wallace Ave in Zone X, an area of minimal flood risk.
Source: FEMA National Flood Hazard Layer, effective June 7, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026
| FEMA Flood Zone | Zone X minimal risk |
|---|---|
| Flood Insurance Requirement | Not required lenders may require it |
| Community Rating System | Class 8 (10% premium discount) |
| Nearby Flood Policies | 1 in force |
Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.
The area around 125 Wallace Ave has no burnable land within ember reach, so its wildfire risk is not rated.
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.
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 |
| 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.
Source: FCC Broadband Data Collection, based on 740 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 · Fiber in parts of the area | 1,000 / 1,000 |
| Verizon Fixed Wireless | 1,000 / 75 |
May also be available: Xiber.
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