2159 Wallace Ave, Indianapolis, IN 46218 Property Records

Marion County property record for 2159 Wallace Ave, Indianapolis, IN 46218

Property Summary

Property Type	Single Family Home
Details	3 bd · 1,056 sqft · built 1940
Lot Size	0.196 acres (8,538 sqft)
Owner	2 Individual Names on Record
Tax Bill	$83 (2023)
Deeds & Mortgages	Dec 2022 Mortgage
Flood Zone	Zone X (minimal risk)
APN	`49-07-28-122-038.000-101`

Property Details

APN / Parcel Number

Primary APN	`49-07-28-122-038.000-101`
Alternative APN	`1078061`

Interior

Bedrooms	3 Beds
Total Rooms	7 Rooms
Stories	1 Story
Building Area	1,056 sqft Living Area
1st Floor Area	1,056 sqft

Exterior

Year Built	Built 1940
Effective Year Built	Effective 1970
Construction Type	Wood
Foundation Type	Raised
Roof Material	Asphalt
Lot Area	8,538 sqft (0.196 acres)
Lot Dimensions	142 ft deep x 60 ft wide
Garage Type	Detached
Garage Area	360 sqft
Parking Spaces	1 Parking Space
Shed	1 Shed

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Central
Sewer	Connected

Location & Zoning

Account Number	1078061
Old Parcel Number	1078061
Street Address	2159 WALLACE AVE
City	INDIANAPOLIS
State	IN
Zip	46218-3949
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	SHEARERS E 21ST ST ADD 60FT S SIDE L10
Legal Range	04
Legal Township	16
Legal Section	28
Legal Subdivision	SHEARERS E 21ST ST ADDITTION
Legal Lot Number	10
Jurisdiction	MARION IN
Township / Civil Division	CENTER
Census Block Group	2
Census Block	2001
Census Tract	352400

Owner

Source: Marion County records, as of May 10, 2024

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

Owner of Record	2 Individual Names on Record
Mailing Address	2159 WALLACE AVE, INDIANAPOLIS, IN 46218-3949
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	2 Names on Deed
Record Updated	Jun 7, 2026

December 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARION IN
Property Address	2159 WALLACE AVE, INDIANAPOLIS, IN 46218-3949
Transaction Type	Mortgage
Record Updated	Jan 11, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000133576
Date	Dec 19, 2022
Instrument	A202200133576

Lender

Name	ROYAL UNITED MORTGAGE LLC
Type	Mortgage Company

Agreement

Type	FHA Mortgage
Amount	Amount Recorded
Term	372 Months
Due	Jan 1, 2053

Interest

Rate Type	Fixed Rate

Tax Assessment & Valuation

Source: Marion County assessment roll, as of July 1, 2023

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
2023	$83.00 (-3.49%)	$70,800 (-3.15%) Land $5,900 Building $64,900	$70,800 (-3.15%) Land $5,900 Building $64,900
2022	$86.00	$73,100 Land $5,900 Building $67,200	$73,100 Land $5,900 Building $67,200

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 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.

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 504 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
Starlink Satellite	280 / 30

May also be available: T-Mobile, Verizon, Xfinity, Xiber.

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