708 Wallace Ave, Indianapolis, IN 46201 Property Records

Marion County property record for 708 Wallace Ave, Indianapolis, IN 46201

Property Summary

Property TypeSingle Family Home
Details4 bd · 1,684 sqft · built 1916
Lot Size0.103 acres (4,487 sqft)
OwnerIndividual Name on File
Last Sale$104,400 (Mar 2021)
Tax Bill$2,884 (2023)
Deeds & MortgagesDec 2025 Mortgage
Dec 2023 Line of Credit
+ 1 more
Flood ZoneZone X (minimal risk)
APN49-10-04-112-072.000-101

Property Details

APN / Parcel Number

Primary APN49-10-04-112-072.000-101
Alternative APN
  • 1078670

Interior

Bedrooms4 Beds
Total Rooms8 Rooms
Stories2 Stories
Building Area1,684 sqft Living Area
Gross Area2,452 sqft
1st Floor Area916 sqft
Upper Floors Area768 sqft
Basement Area768 sqft

Exterior

Year BuiltBuilt 1916
Effective Year BuiltEffective 1963
Construction TypeWood
Foundation TypeRaised
Roof MaterialAsphalt
Lot Area4,487 sqft (0.103 acres)
Lot Dimensions71 ft deep x 63 ft wide

Utilities, Heating & Cooling

Heating SystemCentral
SewerConnected

Location & Zoning

Account Number1078670
Old Parcel Number1078670
Street Address708 WALLACE AVE
CityINDIANAPOLIS
StateIN
Zip46201-2947
Property CategoryResidential
Property TypeResidential > Single Family > Home
Local Zoning CodeZO01
Legal DescriptionMIDDLE SEC EMERSON HTS ADD L12
Legal Range04
Legal Township15
Legal Section04
Legal SubdivisionEMERSON HEIGHTS ADD MIDDLE SEC
Legal Lot Number12
JurisdictionMARION IN
Township / Civil DivisionCENTER
Census Block Group2
Census Block2007
Census Tract355300

Historic Designation

Source: NPS National Register of Historic Places, as of August 1, 2026

Historic DistrictWithin the Emerson Heights Historic District
listed 2010 · 1,009 contributing resources · NRIS 10000125

Federal listing alone does not restrict alterations; local historic district rules, which this data does not cover, may apply.

Owner

708 Wallace Ave is owned and occupied by an individual who bought it in March 2021.

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

Owner of RecordIndividual Name on File
Mailing Address708 WALLACE AVE, INDIANAPOLIS, IN 46201-2947
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

DateDocument
Dec 4, 2025Deed of Trust, Mortgage · Conventional Mortgage
DEPARTMENT OF METROPOLITAN DEV
Dec 28, 2023Deed of Trust, Mortgage · Line of Credit
IHCDA
Mar 22, 2021Warranty Deed, Transfer · FHA Mortgage
CARRINGTON MORTGAGE SVCS

Assessor's Deed Record

Deed NamesName on Deed
Last SaleMar 22, 2021 · Amount on File
Deed SaleMar 22, 2021 · Amount on File
Prior SaleSep 8, 2016
Deed Document Number0000037568
Record UpdatedJun 7, 2026

December 2025: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMARION IN
Property Address708 WALLACE AVE, INDIANAPOLIS, IN 46201-2947
Transaction TypeMortgage
Record UpdatedFeb 4, 2026

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000104216
DateDec 4, 2025
InstrumentA202500104216
Lender
NameDEPARTMENT OF METROPOLITAN DEV
TypeGovernment Agency
Agreement
TypeConventional Mortgage
AmountAmount on Record

December 2023: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMARION IN
Property Address708 WALLACE AVE, INDIANAPOLIS, IN 46201-2947
Transaction TypeMortgage
Record UpdatedJan 17, 2024

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000106487
DateDec 28, 2023
InstrumentA202300106487
Lender
NameIHCDA
TypeGovernment Agency
Agreement
TypeLine of Credit
AmountAmount on Record

March 2021: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionMARION IN
Recording DateMar 22, 2021
Property Address708 WALLACE AVE, INDIANAPOLIS, IN 46201-2947
Document Number0000037568
Map ReferencePB 16 PG 179
Instrument DateMar 17, 2021
InstrumentA202100037568
Transaction TypeTransfer
Record UpdatedJun 13, 2023

Transaction

AmountAmount on Record
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$0.00
Amount AccuracyVerified / From Affidavit
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name
AddressIN

Transferred To (Grantee/Buyer)

NameVerified Name
Address708 WALLACE AVE, INDIANAPOLIS, IN 46201-2947

Mortgage

Document Number0000037569
DateMar 22, 2021
InstrumentA202100037569
Lender
NameCARRINGTON MORTGAGE SVCS
Agreement
TypeFHA Mortgage
AmountAmount on Record

Tax Assessment & Valuation

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

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
2023$2,884.00 (-0.76%)$121,600 (-1.22%) Land $11,800 Building $109,800$121,600 (-1.22%) Land $11,800 Building $109,800
2022$2,906.00$123,100 Land $11,800 Building $111,300$123,100 Land $11,800 Building $111,300

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

Flood

FEMA maps place 708 Wallace Ave in Zone X, an area of minimal flood risk.

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

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it

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

Wildfire

The area around 708 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 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 1,005 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
AT&T
Fiber · DSL · Fixed Wireless 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.

Nearby Properties on Wallace Ave

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