Skip to content
Skip to content
TopHapOpen in map
Single Family ResidenceResidential
$92,940$76 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 92How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Oct 21, 2026

3119 WALLACE AVE

INDIANAPOLIS, IN 46218
3
Beds
0
Baths
1,225 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.14 ac
Lot SizeThe size of the land the home sits on, from county records.
1956
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
7
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$93K
$85K low$101K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,609 (2024)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$67,800 (2024)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$6,400
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$61,400
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$67,800
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$67,800

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.43
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
7
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
78
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
88
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
42
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyMarion
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.1976
Lot (acres)The size of the land the home sits on, from county records.0.14
ConstructionThe main material the home's frame and walls are built from.Wood (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Central
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(4)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Sankofa School of Success at Arlington Woods 99F
Elementary · Grades PK–6 · 0.9 mi
M
KIPP Indy College Prep Middle SchoolF
Middle · Grades 6–8 · 2.2 mi
H
KIPP Indy Legacy High School
High · Grades 9–12 · 2.5 mi

District: Knowledge is Power Program Indy Legacy High

Neighborhood · ZIP 46218These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.150
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.102
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.33

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.85%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.7.4%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.23%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.9%
PopulationHow many people live in this area.30,347
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.3,198 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$37,539
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$49,176
Average tempThe average temperature here across a full year.52°F
Annual precipHow much rain and melted snow falls here in a typical year.40 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.55%

Owner Tools

Do you own this home?
Claim this home

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

3119 Wallace Ave measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 95% of homes in Marion County
  • Costs less per square foot than 96% of homes in Marion County
  • Bigger than 75% of homes in Indianapolis 46218
  • Has a smaller lot than 72% of homes in Marion County
  • Newer than 78% of homes in Indianapolis 46218

What homes are worth in Indianapolis 46218

Each bar is how many homes fall in that price range. The marker is this home.

This home
$55K$213K

This home is worth more than 31% of homes in Indianapolis 46218.

How it measures up in Indianapolis 46218

The dot is this home. The mark in the middle is the typical home in Indianapolis 46218.

Estimated value$92,940
CheaperTypical $108,981Pricier

Pricier than 31% of homes nearby

Price per ft²$76
CheaperTypical $104Pricier

Pricier than 16% of homes nearby

Living area1,225 ft²
SmallerTypical 1,008 ft²Bigger

Bigger than 75% of homes nearby

Lot size0.14 ac
SmallerTypical 0.16 acBigger

Bigger than 29% of homes nearby

Year built1956
OlderTypical 1950Newer

Newer than 78% of homes nearby

How 3119 Wallace Ave ranks against every home in each area.
MeasureThis homeMartindale / BrightwoodIndianapolis 46218Marion County
Estimated valuepricier than$92,94043% of homes31% of homes5% of homes
Price per ft²pricier than$7623% of homes16% of homes4% of homes
Living areabigger than1,225 ft²70% of homes75% of homes32% of homes
Lot sizebigger than0.14 ac36% of homes29% of homes28% of homes
Year builtnewer than195666% of homes78% of homes40% of homes

About 3119 Wallace Ave

How much is 3119 Wallace Ave, Indianapolis, IN worth?

The TopHap Estimate for 3119 Wallace Ave, Indianapolis, IN is $92,940 as of Oct 21, 2026. The likely range is $85,316 to $100,564. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 3119 Wallace Ave, Indianapolis, IN last sell?

3119 Wallace Ave, Indianapolis, IN last sold on Mar 19, 2024, according to the county's recorded deed. TopHap holds 2 recorded sales for this parcel.

How big is 3119 Wallace Ave, Indianapolis, IN?

3119 Wallace Ave, Indianapolis, IN has 3 bedrooms, 1,225 square feet of living space and a 0.14-acre lot.

When was 3119 Wallace Ave, Indianapolis, IN built?

3119 Wallace Ave, Indianapolis, IN was built in 1956, making it 70 years old. The building has 1 story.

What schools serve 3119 Wallace Ave, Indianapolis, IN?

3119 Wallace Ave, Indianapolis, IN is assigned to Sankofa School of Success at Arlington Woods 99 (elementary), rated F; KIPP Indy College Prep Middle School (middle), rated F; KIPP Indy Legacy High School (high). All sit in Knowledge is Power Program Indy Legacy High. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 3119 Wallace Ave, Indianapolis, IN compare to other homes in Indianapolis 46218?

Among the 12,933 homes in Indianapolis 46218, it is worth more than 31% of them ($92,940 against a typical $108,981), its price per square foot is higher than 16% of them ($76 against a typical $104), it is bigger than 75% of them (1,225 ft² against a typical 1,008 ft²), its lot is bigger than 29% of them (0.14 ac against a typical 0.16 ac) and it is newer than 78% of them (1956 against a typical 1950). Measured against all of Marion County, it is worth more than 5% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 3119 Wallace Ave, Indianapolis, IN?

The 2024 property tax bill for 3119 Wallace Ave, Indianapolis, IN was $1,609. The county assessed it at $67,800.

More homes on Wallace Ave

Closest homes

More homes in Indianapolis 46218

Assigned schools

Explore the area

See this home in context

Open 3119 Wallace Ave on TopHap’s interactive map to compare it against every sale nearby, overlay school zones and flood risk, and run a CMA.

Open in map
A flyover of TopHap's photorealistic 3D map, with recorded sale prices pinned to homes
Search any address, city, zip, or county…3D$1.9M$6.25MOpen in map