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  • $157,250

    601 Wallace Ave, Indianapolis, IN 46201

    2beds
    1,576sqft
    Residential, Single Family Residence
    Built in 1915
    3,049.2 Square Feet Lot
    $157,300 Zestimate®
    $100/sqft
    $1,693 Estimated rent

    What's special

    Finding a home this updated, in a location like this, at this price point? Rare. This move-in-ready townhome sits on one of Emerson Heights' most welcoming streets, just minutes from downtown, Irvington, and Ellenberger Park. Inside, you'll find an open layout with updated LVP flooring, a fully renovated kitchen, and a convenient half bath on the main floor. The top-of-the-line washer and dryer are also located on the main level for added ease. Upstairs are two comfortable bedrooms and a fully updated bathroom with clean, modern finishes. Step outside and enjoy a covered front porch that's perfect for relaxing, plus a brand-new back deck (April 2025) that overlooks a spacious, privacy-fenced backyard-ideal for entertaining, pets, or a garden. Additional updates include a brand-new AC unit (April 2025) and custom window treatments throughout. Whether you're a first-time buyer, investor, or simply looking for a low-maintenance home in a well-loved neighborhood, this one delivers serious value.

    Zillow last checked: 7 hours ago

    Listing updated: August 01, 2025 at 07:42am

    Listing Provided by:

    Michelle Romano-Moss 808-799-2575,

    Keller Williams Indpls Metro N

    Bought with:

    Amanda Hadley

    F.C. Tucker Company

    Rob Measel

    F.C. Tucker Company

    Source: MIBOR as distributed by MLS GRID,MLS#: 22031356MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    Primary bedroom
    • Level: Upper
    • Area: 169 Square Feet
    • Dimensions: 13x13
    Bedroom 2
    • Level: Upper
    • Area: 130 Square Feet
    • Dimensions: 13x10
    Dining room
    • Level: Main
    • Area: 156 Square Feet
    • Dimensions: 13x12
    Kitchen
    • Level: Main
    • Area: 195 Square Feet
    • Dimensions: 15x13
    Living room
    • Level: Main
    • Area: 208 Square Feet
    • Dimensions: 16X13
    Heating
    • Electric, Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Gas Water Heater, Electric Oven, Refrigerator, Washer
    • Laundry: Main Level
    Features
    • Ceiling Fan(s)
    • Basement: Unfinished
    Interior area
    • Total structure area: 1,576
    • Total interior livable area: 1,576 sqft
    • Finished area below ground: 0

    Property

    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered, Deck
    • Fencing: Fenced,Full
    Lot
    • Size: 3,049 sqft
    • Features: Sidewalks
    Details
    • Parcel number: 491004101067001101
    • Horse amenities: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Residential, Single Family Residence
    • Attached to another structure: Yes
    Materials
    • Vinyl Siding
    • Foundation: Block
    Condition
    • New construction: No
    • Year built: 1915

    Utilities & green energy

    • Water: Public
    • Utilities for property: Electricity Connected, Sewer Connected, Water Connected

    Community & neighborhood

    Location
    • Region: Indianapolis
    • Subdivision: Emerson Heights
    Services availability
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    Estimated market value

    $157,300

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $157,300