195 Wallace Rd, Memphis, TN 38117 Property Records

Shelby County property record for 195 Wallace Rd, Memphis, TN 38117

Property Summary

Property TypeSingle Family Home
Details3 bd · 3 ba · 2,555 sqft · built 1952
Lot Size0.228 acres (9,940 sqft)
Owner2 Individual Names on File
Last Sale$305,000 (Apr 2011)
Tax Bill$3,130 (2025)
Flood ZoneZone X (minimal risk)
APN05-5009-0-0015

Property Details

APN / Parcel Number

Primary APN05-5009-0-0015

Interior

Bedrooms3 Beds
Full Baths3 Baths
Plumbing Fixtures9 Plumbing Fixtures
Total Rooms6 Rooms
Stories1 Story
Building Area2,555 sqft Living Area
1st Floor Area2,017 sqft
Fireplaces1 Fireplace
FireplaceFireplace

Exterior

Year BuiltBuilt 1952
Effective Year BuiltEffective 1982
Architectural StyleTraditional
Exterior MaterialBrick Veneer
Foundation TypeRaised
Roof TypeGable
Roof MaterialComposition Shingle
Lot Area9,940 sqft (0.228 acres)
Lot Dimensions140 ft deep x 71 ft wide

Exterior Amenities

PorchOpen Porch
Porch Area108 sqft
Deck Area245 sqft
Patio Area323 sqft

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemCentral
Heating FuelGas

Location & Zoning

Street Address195 WALLACE RD
CityMEMPHIS
StateTN
Zip38117-2237
Property CategoryResidential
Property TypeResidential > Single Family > Home
Local Zoning CodeR-10
Legal SubdivisionMAGNOLIA HILLS
Legal Lot Number90
JurisdictionSHELBY TN
Township / Civil Division13
Census Block Group2
Census Block2023
Census Tract8600

Owner

195 Wallace Rd is owned and occupied by two individuals who acquired it in August 2016.

Source: Shelby County records, as of June 2, 2026

Owner of Record2 Individual Names on File
Mailing Address195 WALLACE RD, MEMPHIS, TN 38117-2237
OccupancyOwner Occupied
Owner TypeIndividual

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

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names2 Names on Deed
Last SaleApr 1, 2011 · Amount on File
Deed SaleApr 1, 2011 · Amount on File
Prior SaleJan 21, 2009 · Amount on File
Deed Document Number201132490
Last Transfer DateAug 5, 2016
Transfer Doc0000083557
Record UpdatedOct 29, 2026

Tax Assessment & Valuation

The 2025 property tax bill for 195 Wallace Rd was $3,130.

Source: Shelby County assessment roll, as of June 2, 2026

Property Jurisdictions

TypeName
StateTennessee
CountyShelby County
MunicipalityMemphis City
Unified School DistrictShelby County School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$3,130.00$116,375 Land $23,625 Building $92,750$465,500 Land $94,500 Building $371,000
2023$89,150 Land $23,625 Building $65,525
2022$5,430.00
2021$356,600 Land $94,500 Building $262,100

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

FEMA maps place 195 Wallace Rd in Zone X, an area of minimal flood risk, though there have been 4 flood claims nearby since 2010.

Source: FEMA National Flood Hazard Layer, effective June 4, 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
Nearby Flood Policies6 in force
Nearby Flood Claims4 (2010–2021)
Claims Outside the SFHA4 of 4
Most Recent ClaimJan 2021 · rainfall accumulation

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

Wildfire risk around 195 Wallace Rd is low, with a 0.03% annual chance of wildfire.

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

Wildfire RiskLow
lower than 94% of the US · lower than 94% of Tennessee
Wildfire Likelihood0.03% annual chance
ExposureDirect
burnable vegetation

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 SystemMEMPHIS LIGHT, GAS, & WATER
serves 659,500 people · EPA ID TN0000450
Water SourceGroundwater
Last State InspectionApr 2024
Lead5 ppb (2023–2025)
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 301 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
AT&T
Fiber
5,000 / 5,000
Xfinity
Cable
2,000 / 250
T-Mobile
Fixed Wireless
100 / 20

Nearby Properties on Wallace Rd

Nearby Streets

Search Property Records by Address or Parcel Number