131 Wallace Ave, Indianapolis, IN 46201 Property Records

Marion County property record for 131 Wallace Ave, Indianapolis, IN 46201

Property Summary

Property TypeSingle Family Home
Details2 bd · 746 sqft · built 1920
Lot Size0.038 acres (1,655 sqft)
OwnerCompany Name on Record
Last Sale$22,750 (Nov 2022)
Tax Bill$1,700 (2025)
Deeds & MortgagesNov 2022 Sale
Flood ZoneZone X (minimal risk)
APN49-10-04-144-175.000-101

Property Details

APN / Parcel Number

Primary APN49-10-04-144-175.000-101
Alternative APN
  • 1091261

Interior

Bedrooms2 Beds
Total Rooms5 Rooms
Stories1 Story
Building Area746 sqft Living Area
Gross Area1,474 sqft
1st Floor Area746 sqft
Basement Area728 sqft

Exterior

Year BuiltBuilt 1920
Effective Year BuiltEffective 1965
Construction TypeFrame
Foundation TypeRaised
Roof MaterialAsphalt
Lot Area1,655 sqft (0.038 acres)
Lot Dimensions40 ft deep x 41 ft wide

Utilities, Heating & Cooling

Cooling SystemNone
Heating SystemCentral
SewerConnected

Location & Zoning

Street Address131 WALLACE AVE
CityINDIANAPOLIS
StateIN
Zip46201-3721
Property CategoryResidential
Property TypeResidential > Single Family > Home
Local Zoning CodeZO01
Legal DescriptionLAYMANS CAREYS IRVINGTON PK ADD 40.5FT N END L1
Legal SubdivisionLAYMANS CAREYS IRVINGTON PK ADD 40.5FT N
Legal Lot Number1
JurisdictionMARION IN
Township / Civil DivisionCENTER
Census Block Group1
Census Block1006
Census Tract355400

Owner

Source: Marion County records, as of October 13, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on Record
Mailing Address3885 SHADY POINTE ROW, GREENWOOD, IN 46143-8478
Owner TypeCompany
VestingLimited Liability Company

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleNov 4, 2022 · Amount on Record
Deed SaleNov 4, 2022 · Amount on Record
Deed Document Number2022119962
Record UpdatedOct 29, 2026

November 2022: Personal Representative Deed, Transfer

Document TypePersonal Representative Deed
JurisdictionMARION IN
Recording DateNov 4, 2022
Property Address131 WALLACE AVE, INDIANAPOLIS, IN 46201-3721
Document Number0000119962
Map ReferencePB 11 PG 9
Instrument DateOct 20, 2022
InstrumentA202200119962
Transaction TypeTransfer
Record UpdatedMay 22, 2023
Title CompanyATA NATIONAL TITLE

Transaction

AmountAmount Recorded
Tax$0.00
Amount AccuracyVerified / From Affidavit
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name
AddressIN

Transferred To (Grantee/Buyer)

NameVerified Name
Address3885 SHADY POINTE ROW, GREENWOOD, IN 46143-8478

Tax Assessment & Valuation

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

Property Jurisdictions

TypeName
StateIndiana
CountyMarion County
County SubdivisionCenter Township
Consolidated CityIndianapolis City
Unified School DistrictIndianapolis Public Schools (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$1,700.00 (+23.82%)$69,300 (+16.86%) Land $10,300 Building $59,000$69,300 (+16.86%) Land $10,300 Building $59,000
2024$1,373.00 (-2.35%)
2023$1,406.00 (-0.71%)$59,300 (-1.17%) Land $10,300 Building $49,000$59,300 (-1.17%) Land $10,300 Building $49,000
2022$1,416.00$60,000 Land $10,300 Building $49,700$60,000 Land $10,300 Building $49,700

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 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Community Rating SystemClass 8 (10% premium discount)
Nearby Flood Policies1 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.

Wildfire

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

Wildfire RiskNot 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 SystemCITIZENS WATER - INDIANAPOLIS
serves 880,345 people · EPA ID IN5249004
Water SourceSurface water
Last State InspectionMay 2024
Lead3 ppb (2026)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
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 740 locations within half a mile, as of December 31, 2025

ProviderMax 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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