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3355 Wallace Avenue, Indianapolis, IN 46218

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For Sale

$135,000

2 beds • 1 baths • 1,152 sqft

Estimated Payment

$ 701 /mo. †

6.76% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Single Family Detached
    Property type

  • $117.19
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

What a deal! if you're looking to own instead of rent... this is for you! A Charming 2 bedroom bungalow, offers hardwood floors, kitchen appliances and your own washer and dryer makes this the ideal place to call home. Situated in a nice neighborhood, near by shopping, schools and easy interstate access. Your lot is ideal for your summer cookout and or a garden. Homes are selling fast in this area don't wait!!
MLS# 22017709

Courtesy Of Fathom Realty

(317) 590-8788

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Garbage Disposer, Refrigerator
  • Architecture Style
    Bungalow
  • Exterior Type
    Aluminum Siding
  • Heating System
    Forced Air
  • Lot Size
    0.15 Acres
  • Rooms
    Bonus Room, Kitchen, Living Room

Map and Directions

Directions to 3355 Wallace Avenue, Indianapolis, IN 46218

Home seller CENTURY 21 Scheetz

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Scheetz

(317) 814-5500
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $701
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $701

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Center For Inquiry School 27

Grades PK-8 Public School

Indianapolis, IN 46202 3.6 miles
545 e 19th st

493 total students
13:1 Student teacher ratio

School Rating: D+

School Details

Rousseau Mcclellan Montessori School 91

Grades PK-8 Public School

Indianapolis, IN 46205 2.8 miles
5111 evanston ave

587 total students
14:1 Student teacher ratio

School Rating: C

School Details

Ips Butler University Laboratory School 55

Grades PK-8 Public School

Indianapolis, IN 46220 3.4 miles
1349 e 54th st

418 total students
12:1 Student teacher ratio

School Rating: D-

School Details

James Russell Lowell Elementary School 51

Grades PK-6 Public School

Indianapolis, IN 46218 1.5 miles
3426 roosevelt ave

277 total students
9:1 Student teacher ratio

School Rating: D+

School Details

Arlington Middle School

Grades 7-8 Public School

Indianapolis, IN 46204 2.3 miles
120 e walnut st

435 total students
8:1 Student teacher ratio

School Rating: C

School Details

Purdue Polytechnic High School

Grades 9-12 Public School

Indianapolis, IN 46225 5.4 miles
525 s meridian st ste lla

543 total students
22:1 Student teacher ratio

School Rating: D-

School Details

Arsenal Technical High School

Grades 9-12 Public School

Indianapolis, IN 46201 3.7 miles
1500 e michigan st

2103 total students
10:1 Student teacher ratio

School Rating: F

School Details

Crispus Attucks High School

Grades 9-12 Public School

Indianapolis, IN 46202 4.9 miles
1140 dr martin luther king jr st

1157 total students
10:1 Student teacher ratio

School Rating: F

School Details

George Washington High School

Grades 9-12 Public School

Indianapolis, IN 46222 6.9 miles
2215 w washington st

798 total students
9:1 Student teacher ratio

School Rating: F

School Details

Shortridge High School

Grades 9-12 Public School

Indianapolis, IN 46208 3.5 miles
3401 n meridian st

1077 total students
9:1 Student teacher ratio

School Rating: D

School Details
Other Nearby Schools Distance Type Grades School Rating
Him By Her Collegiate School For T 0.3 miles Public KG-2
Rooted School Indianapolis 1 miles Public 9
Arlington Woods Elementary School 99 1 miles Public KG-6 D
Floro Torrence Elementary School 83 1.1 miles Public PK-6 C
Avondale Meadows Academy 1.5 miles Public KG-5 D+
Avondale Meadows Middle School 1.5 miles Public 6-8 C+
Charles A Tindley Accelerated School 1.6 miles Public 7-12 C
Louis B. Russell Elementary School 48 1.7 miles Public PK-6
Tindley Genesis Academy 1.7 miles Public KG-6 D-
Kindezi Academy 1.7 miles Public KG-6
Joyce Kilmer Elementary School 69 1.7 miles Public KG-6
Harriot Tubman School Of Excellence 2 miles Private 5
Scecina Memorial High School 2.1 miles Private 9-12
Little Flower Catholic School 2.2 miles Private PK-8
Kipp Indy College Preparatory Middle School 2.2 miles Public 6-8 F
Kipp Indy Unite Elementary School 2.2 miles Public KG-5 D+
The Oaks Academy - Brookside 2.2 miles Private PK-5
Thrival Academy 2.3 miles Public 9

Him By Her Collegiate School For T

Distance: 0.3 miles

Type Public

Grades: KG-2

Rooted School Indianapolis

Distance: 1 miles

Type Public

Grades: 9

Arlington Woods Elementary School 99

Distance: 1 miles

Type Public

Grades: KG-6

D

Floro Torrence Elementary School 83

Distance: 1.1 miles

Type Public

Grades: PK-6

C

Avondale Meadows Academy

Distance: 1.5 miles

Type Public

Grades: KG-5

D+

Avondale Meadows Middle School

Distance: 1.5 miles

Type Public

Grades: 6-8

C+

Charles A Tindley Accelerated School

Distance: 1.6 miles

Type Public

Grades: 7-12

C

Louis B. Russell Elementary School 48

Distance: 1.7 miles

Type Public

Grades: PK-6

Tindley Genesis Academy

Distance: 1.7 miles

Type Public

Grades: KG-6

D-

Kindezi Academy

Distance: 1.7 miles

Type Public

Grades: KG-6

Joyce Kilmer Elementary School 69

Distance: 1.7 miles

Type Public

Grades: KG-6

Harriot Tubman School Of Excellence

Distance: 2 miles

Type Private

Grades: 5

Scecina Memorial High School

Distance: 2.1 miles

Type Private

Grades: 9-12

Little Flower Catholic School

Distance: 2.2 miles

Type Private

Grades: PK-8

Kipp Indy College Preparatory Middle School

Distance: 2.2 miles

Type Public

Grades: 6-8

F

Kipp Indy Unite Elementary School

Distance: 2.2 miles

Type Public

Grades: KG-5

D+

The Oaks Academy - Brookside

Distance: 2.2 miles

Type Private

Grades: PK-5

Thrival Academy

Distance: 2.3 miles

Type Public

Grades: 9

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Indianapolis, IN 46218

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Indianapolis, IN 46218

This community’s employment is highest in the administrative support and construction industries. The area’s overall household expenses are below the national average.

86° July
Hottest Average Month
18° January
Coldest Average Month
12,316 Total Households in Area
0.6% Increase in population since the year 2010
26.2%
of households
have children
26 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Indianapolis, IN 46218

Indianapolis, IN 46218 has a population of 30,555 people in 12,316 households with a median age of 39.6 years old.

0.6%
Increase in population
since the year 2010
Population is Trending up
12,253
Total households as of 2010
3.2%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 39.6 years old. The smallest percentage group is 35-44 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

Black 65%
White 17%
Hispanic 14%
Other 9%
Native American <1%
Asian <1%
The most prevalent ethnicity is Black at 65%, followed by White at 17%, Hispanic at 14%, and Other at 9%.

Economics
for Indianapolis, IN 46218

3,220 /sq mi
Population Density
$33,768 /yr
Median Household Income
$154,687
Median Sales Price
26 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is Under $15k representing 23.34% of the households.

Transportation to Work

  • Drive 81%
  • Public Transit 9%
  • Work from Home 8%
  • Walk or Bike 2%

Occupancy by Type

Rented 6,697 46%
Owned 5,619 38%
Vacant 2,290 16%

White vs Blue Collar Jobs







White Collar 55%
Blue Collar 45%

Family & Education Facts
for Indianapolis, IN 46218

39.6 Median Age

Average Household Size

2.5
persons per
household

20%

Married Households

Community Population By Education

High School Graduate 40%
Some High School 22%
Some College 18%
Bachelors Degree 8%
Associates Degree 8%
Graduate Degree 3%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 40.18% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
26.1% of households have children

Weather
for Indianapolis, IN 46218

The weather for this area ranges from a high of 86° F in July to a low of 18° F in January

86° July
Hottest Average Month
18° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
18°
35°
Feb
21°
39°
Mar
30°
50°
Apr
40°
62°
May
51°
73°
Jun
60°
82°
Jul
64°
86°
Aug
62°
84°
Sep
54°
78°
Oct
42°
66°
Nov
33°
52°
Dec
23°
39°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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