For Sale
Single family home for sale at 3352 Wallace Ave, Indianapolis, IN 46218 | MLS# 22115867 | Listing updated on 2026-10-19
Photo 1 of Single family home for sale at 3352 Wallace Ave, Indianapolis, IN 46218 | MLS# 22115867 | Listing updated on 2026-10-19
Photo 2 of Single family home for sale at 3352 Wallace Ave, Indianapolis, IN 46218 | MLS# 22115867 | Listing updated on 2026-10-19
Photo 3 of Single family home for sale at 3352 Wallace Ave, Indianapolis, IN 46218 | MLS# 22115867 | Listing updated on 2026-10-19
Photo 4 of Single family home for sale at 3352 Wallace Ave, Indianapolis, IN 46218 | MLS# 22115867 | Listing updated on 2026-10-19
15+
Beds Icon

Street View

$80,000

Monthly Est:$398

  • Beds Icon2 Beds
  • Beds Icon
    1 Bath
  • Beds Icon837sqft

3352 Wallace Ave, Indianapolis, IN 46218

$398/moEst:

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  • Single Family Residence

  • Built in 1946

  • $-- HOA

  • 6,882 sqft lot

  • $96/sq.ft

Description

Charming 2-bedroom, 1-bathroom single-family home offering a comfortable layout with plenty of space both inside and out. The home features additional basement space ideal for entertaining, recreation, or storage, along with large front and back yards providing room to relax, play, or host gatherings. A detached one-car garage includes a large attached covered side porch on a concrete slab, creating additional outdoor living space and functionality. Recent updates include a new A/C unit and furnace installed in July 2025. The home is currently occupied by a long-term tenant who has been in place since 2019, providing immediate rental income for an investor or a potential opportunity for an owner-occupant looking for future flexibility. The current rent is below market value, offering the ability to increase rents and capture additional income through a market-rate adjustment.

  • Houzeo last checked: 1 minute ago
  • Listing updated: October 19, 2026 at 6:16 pm
  • Listing Provided by: Karanjod Cheema | Rize Commercial Realty LLC (317) 657-9985
  • Source: Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN as distributed by MLS GRID | MLS#: 22115867 Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN as distributed by MLS GRID

Property Details

  • Status

    Active

  • Type

    Single Family Residence

  • No. of Stories

    -

  • County

    Marion County

  • City

    Indianapolis

  • Neighborhood

    Martindale Brightwood

  • Year Built

    1946

  • HOA Fees

    -

  • Finished Area

    837 sqft

  • Lot Size

    6,882 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS

  • MLS Number

    22115867

  • MLS Status

    Active

  • Days on Market

    101

  • Cumulative Days on Market

    90

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 2

    Bathroom: 1

  • Master Bedroom

    Level: Main

    Area: -- Square Feet

    Dimensions: Not measured

  • Living Room

    Level: Main

    Area: -- Square Feet

    Dimensions: Not measured

  • Bedroom 2

    Level: Main

    Area: -- Square Feet

    Dimensions: Not measured

  • Kitchen

    Level: Main

    Area: -- Square Feet

    Dimensions: Not measured

  • Dining Room

    Level: Main

    Area: -- Square Feet

    Dimensions: Not measured

  • Play Room

    Level: Basement

    Area: -- Square Feet

    Dimensions: Not measured

Interior

  • Heating

    Natural Gas

  • Appliances

    Other

  • Cooling

    Central Air

  • Flooring

    Hardwood

Construction

  • Year Built

    Year Built: 1946

  • Home type

    Single Family Residence

  • Architectural Style

    Traditional

  • Foundation Details

    Concrete Perimeter

  • Construction Materials

    Vinyl Siding

Utilities & Energy

  • Parking Features

    Detached

  • Water Source

    Public

  • Basement

    Storage Space

Other Features

  • Subdivision Name

    No Subdivision

Price History

DateEventPrice

10/07/2026

Source: mls_logoMetropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN #MBR22115867

Price Decreased

$86,000 -2.27%

$103/sqft

08/18/2026

Source: mls_logoMetropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN #MBR22115867

Price Increased

$88,000 +10.00%

$105/sqft

07/22/2026

Source: mls_logoMetropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN as distributed by MLS GRID #MBR22115867

Price Decreased

$80,000 -10.11%

$96/sqft

07/22/2026

Source: mls_logoMetropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN #MBR22115867

Listed for Sale

$89,000

$106/sqft

Martindale - Brightwood Ranks #157 in Indianapolis, IN

Homes for sale
141

Homes

Rental prices
$1,097

Rental Prices

Median Home Price
$98.5K

Median Home Price

Martindale - Brightwood, Indianapolis, IN neighborhood guide

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Based on information from MIBOR REALTOR® Association through Oct 31, 2026, 12:31PM. The Broker Listing Cooperative® listing service's Listing information is deemed reliable but is not guaranteed accurate by the Broker Listing Cooperative® listing service. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. 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.. All Rights Reserved. © 2026 MIBOR REALTOR® Association.

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