$197,500
3 Beds
1.5 Baths
1,464 sqft (on 0.38 acres)
4068 Wallace Ave, Indianapolis, IN 46226
Est. Mortgage $1,246/mo*
Get Pre-QualifiedHome Highlights
Parking
2 Car Garage
Outdoor
Yes
Price/Sqft
$135
Listed
16 days ago
Climate Control
Natural Gas & Central Air
Local Information
- Map ViewExplore the area around 4068 Wallace Ave.
- Schools5 Preschool Schools9 Elementary Schools4 Middle Schools4 High Schools
- Shop & Eat
-- mins to
About this House
At 4068 Wallace AVE, INDIANAPOLIS, IN, discover a charming single-family residence built in 1961, offering 1464 square feet of inviting living space. This ranch-style home is move-in ready, presenting a lifestyle of ease and comfort. The residence features three well-proportioned bedrooms, providing ample personal space for all. A full bathroom and a convenient half bathroom cater to daily routines, ensuring comfort and functionality. Spanning a generous 16640 square foot lot, this single-story home offers both privacy and room for outdoor enjoyment. Experience the ease of single-level living in a home designed for comfortable everyday life.
Last check for updates: about 21 hours ago
Listing Provided by: Troy Hinkle, (317) 538-2440
F.C. Tucker Advantage, REALTOR
Source: MIBOR as distributed by MLS GRID, MLS#22119860
Also Listed on MIBOR as distributed by MLS GRID.
Home Details for 4068 Wallace Ave
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MLS Status: Pending |
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Interior Details Number of Rooms: 7Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Dining Room, Great Room, Kitchen, Living Room |
Beds & Baths Number of Bedrooms: 3Main Level Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (half): 1Number of Bathrooms (main level): 2 |
Dimensions and Layout Living Area: 1464 Square Feet |
Appliances & Utilities Appliances: Dishwasher, Dryer, Gas Water Heater, Gas Oven, Refrigerator, Washer, Water Heater, Water Softener OwnedDishwasherDryerRefrigeratorWasher |
Heating & Cooling Heating: Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Natural Gas |
Windows, Doors, Floors & Walls Flooring: Hardwood |
Levels, Entrance, & Accessibility Stories: 1Levels: OneAccessibility: Accessible Approach with RampFloors: Hardwood |
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Exterior Home Features Patio / Porch: CoveredOther Structures: StorageFoundation: Crawl Space |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageParking Spaces: 2Parking: Attached |
Farm & Range Horse Amenities: None |
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Cumulative Days on Market: 8Days on Market: 16 |
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Year Built Year Built: 1961 |
Property Type / Style Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Ranch |
Building Construction Materials: Aluminum Siding, StoneNot a New ConstructionNot Attached PropertyNo Additional Parcels |
Property Information Parcel Number: 490716104118000801 |
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Price List Price: $197,500Price Per Sqft: $135 |
Status Change & Dates Off Market Date: Wed Aug 19 2026Possession Timing: Close Of Escrow |
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Direction & Address City: IndianapolisCommunity: Mendenhalls St Andrews |
School Information Elementary School: Floro Torrence School 83Jr High / Middle School: Rousseau McClellan School 91High School: Shortridge High SchoolHigh School District: Indianapolis Public Schools |
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Listing Agent Listing ID: 22119860 |
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Building Area Building Area: 1464 Square Feet |
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No HOA |
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Lot Area: 0.38 acres |
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Mls Number: 22119860Attic: Access Only |
Around this home
- Charles Warren Fairbanks School 105
- PK-5
- Public
- 398 Students
4/10GreatSchools RatingParent Rating AverageThis is a horrible school my child was bullied non stop by children and she is only in kindergarten, the teachers have no control over the students , they don’t take bullying serious and academically it’s horrible . They’re more concerned about attendance than the well being of the child. If I would have known about this site before enrolling I would have never allowed my kids to be apart of this place . My poor child has been through hell. It needs to be shut down it’s full of unloving children. In the teachers are not skilled at what they do they will hire anyone just fill the position, the people in this place are not passionate about teaching . It’s so sad .Parent Review4y ago - Eliza A. Blaker School 55
- PK-5
- Public
- 301 Students
5/10GreatSchools RatingParent Rating Average
No reviews available for this school. - James Whitcomb Riley School 43
- PK-5
- Public
- 240 Students
4/10GreatSchools RatingParent Rating AverageIt is a great school and my son love itParent Review3y ago - Robert Lee Frost School 106
- PK-5
- Public
- 308 Students
3/10GreatSchools RatingParent Rating AverageNo reviews available for this school. - Rousseau McClellan School 91
- PK-5
- Public
- 506 Students
5/10GreatSchools RatingParent Rating Averageim a kid and i cant learn here but you make cool and nice friends hereParent Review4y ago
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Forest Manor
At least 25 Trulia users voted on each feature.
91 % Say car is needed
88 % Say yards are well-kept
72 % Say parking is easy
69 % Say there's holiday spirit
63 % Say it's dog friendly
61 % Say kids play outside
47 % Say there are sidewalks
45 % Say neighbors are friendly
44 % Say it's quiet
37 % Say there's wildlife
32 % Say they plan to stay for at least 5 years
31 % Say it's walkable to restaurants
29 % Say it's walkable to grocery stores
27 % Say streets are well-lit
22 % Say there are community events
21 % Say people would walk alone at night
Sourced by Trulia users. Learn more about our methodology.
Market trends in Indianapolis
Last updated July 2026
Avg. sale price
$251K
$10KMoM
Sale-to-List Price
99.6%
0.3%MoM
Price per sq ft
$145
$3MoM
Available listings
4043
154MoM
Home Value
Trulia Estimate
$196KSince last month
Increased$27K (+16.3%)Since last year
Increased$20K (+11.4%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +119% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $196K |
| July 2026 | $169K |
| June 2026 | $171K |
| May 2026 | $161K |
| April 2026 | $157K |
| March 2026 | $163K |
| February 2026 | $179K |
| January 2026 | $150K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.09 | Single-Family Home | $215,000 | 11/21/25 | 3 | 2 | 2,000 | |
0.13 | Single-Family Home | $175,000 | 09/09/25 | 3 | 1.5 | 2,088 | |
0.16 | Single-Family Home | $47,000 | 09/26/25 | 3 | 1.5 | 1,178 | |
0.23 | Single-Family Home | $180,000 | 05/01/26 | 3 | 1.5 | 1,800 | |
0.14 | Single-Family Home | $199,000 | 07/30/26 | 3 | 1.5 | 2,480 | |
0.18 | Single-Family Home | $181,000 | 10/08/25 | 2 | 1 | 1,586 | |
0.33 | Single-Family Home | $239,000 | 05/05/26 | 3 | 2 | 1,526 | |
0.27 | Single-Family Home | $210,000 | 04/27/26 | 3 | 1.5 | 1,859 | |
0.29 | Single-Family Home | $163,000 | 12/11/25 | 3 | 1 | 1,692 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.03 | $229,500 | 3 | 2.5 | 2,196 | Off Market | |
0.08 | $159,700 | 3 | 1 | 1,472 | Off Market | |
0.08 | $245,000 | 4 | 2 | 1,430 | Off Market | |
0.09 | $215,000 | 3 | 2 | 2,000 | Recently Sold | |
0.13 | $223,500 | 3 | 2.5 | 2,538 | Off Market | |
0.14 | $199,000 | 3 | 1.5 | 2,480 | Recently Sold | |
0.15 | $192,100 | 3 | 1 | 1,280 | Off Market | |
0.13 | $175,700 | 3 | 1.5 | 2,088 | Off Market | |
0.17 | $115,500 | 2 | 1 | 2,192 | Recently Sold | |
0.18 | $257,500 | 3 | 1 | 1,250 | Off Market | |
0.18 | $181,600 | 2 | 1 | 1,586 | Off Market | |
0.15 | $199,900 | 4 | 2 | 1,604 | For Sale |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 20, 2026 Source: MIBOR as distributed by MLS GRID #22119860 | Pending | $197,500 |
Aug 12, 2026 Source: MIBOR as distributed by MLS GRID #22119860 | Listed For Sale | $197,500 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $1,222 | $141,400 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Troy Hinkle, F.C. Tucker Advantage, REALTOR
Agent Phone: (317) 538-2440
Based on information submitted to the MLS GRID as of 2026-08-28 00:28:16 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
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Frequently asked questions about 4068 Wallace Ave
- What is the estimated monthly payment for 4068 Wallace Ave?Based on a $197,500 list price with 20% down at today's rates, the estimated monthly payment for 4068 Wallace Ave in Indianapolis, IN is approximately $1,274 (about $1,041 principal & interest, $158 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 4068 Wallace Ave compare to homes in Indianapolis?4068 Wallace Ave in Indianapolis, IN is listed at $197,500, about 21% below the $251K median sale price in Indianapolis.
- What do residents say about the Forest Manor neighborhood?Residents describe the Forest Manor neighborhood in Indianapolis, IN as well-kept, easy to park in, and dog-friendly. Most residents say you need a car. See homes for sale in Forest Manor, Indianapolis.
- What are the closest schools to 4068 Wallace Ave?The closest schools to 4068 Wallace Ave in Indianapolis, IN are Arlington Community Middle School (rated 2/10), Arsenal Technical High School (rated 2/10), Broad Ripple Middle School - An IB World School (rated 3/10).
- Does 4068 Wallace Ave have air conditioning?Yes, 4068 Wallace Ave in Indianapolis, IN has air conditioning.
- Does 4068 Wallace Ave have laundry facilities?Yes, 4068 Wallace Ave in Indianapolis, IN has in-unit laundry.
4068 Wallace Ave, Indianapolis, IN 46226 is a 3 bedroom, 2 bathroom, 1,464 sqft single-family home built in 1961. 4068 Wallace Ave is located in Forest Manor, Indianapolis. This property is currently available for sale and was listed by MIBOR as distributed by MLS GRID on Aug 12, 2026. The MLS # for this home is MLS# 22119860.