$160,000

Homes For Sale
3 Beds
2 Baths
2,232 Sq Ft
0.1 Acres
$72 per Sq Ft
614 Wallace Ave
Indianapolis, IN

About This Property

Great opportunity to build some equity with a little vision and a renovation budget! House can be lived in as it is, but could use some repairs and updates. The original 2 family dwelling floor plan has been converted to a HUGE 3 bed / 2 full bath SINGLE FAMILY home that could easily be a 4/5 bed, 3 full bath! Charming entry way with arched doorway; Formal dining room; Large living room with a bay window; Breakfast nook off the kitchen; Main level office could be the family room or easily converted to a 4th bedroom; Spacious, main level laundry room includes cabinetry and a folding counter; Sunroom behind the laundry features a skylight; Huge 2nd floor full bath could be converted back to 2 full bathrooms; Primary bedroom has 2 closets and a sitting room, it could be converted back to 2 separate bedrooms with the simple addition of a wall and 2nd entry door; Full, unfinished basement has daylight window; Carport and 2 driveways for lots of off street parking; Covered front porch and back deck plus a charming side yard surrounded by a privacy fence. Make this diamond in the rough your GEM of the neighborhood!

Key Details

Property Type Homes For Sale
Listed Mar 15, 2026
Bedrooms 3
Bathrooms 2
Square Feet 2,232
Lot Size 0.1 acres
MLS # 2992596082
Status Active

Location