Updated 56 Minutes Ago
Location
405 Wallace Ave, Indianapolis, IN 46201, USA|Near Eastside
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Amenities for 405 Wallace Ave, Near Eastside
Features
| 2 Floors | Central Air |
| Hardwood Floor | Natural Gas |
Community
| Onsite Laundry |
Other
| Five Rooms |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
About 405 Wallace Ave
Property Status: Active Welcome to Unit 405 in the historic Bosart Brown neighborhood! This two-story duplex features refinished hardwood floors, spacious living and dining areas, updated bathrooms, and generously sized bedrooms. Additional features include a full basement with laundry hookups, recent home updates, and convenient access to Irvington and downtown Indianapolis. A great place to call home! Office Phone: (505) 290-7114 Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 405 Wallace Ave compares to other nearby properties.
Positives
- High school nearby
- There is a high school 0.4 miles away
- Elementary school nearby
- There is an elementary school 0.2 miles away
- Laundry available on site
- Washers and dryers are available in-building
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 2.4 miles away
- Distance from transit
- More than 2.1 miles from public transportation
Address details
| Neighborhood | Near Eastside |
|---|---|
| Zip code | 46201 |
| Type | House for rent |
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Rent trends in Near Eastside
2-bedroom apartments at 405 Wallace Ave cost about 1% more than the average rent price for 2-bedroom apartments in Indianapolis.
Median rents as of Nov 7 2026.
Near Eastside
Indianapolis
| Month | Median Rent |
|---|---|
| November 2024 | $1,397 |
| December 2024 | $1,378 |
| January 2025 | $1,389 |
| February 2025 | $1,389 |
| March 2025 | $1,333 |
| April 2025 | $1,312 |
| May 2025 | $1,322 |
| June 2025 | $1,312 |
| July 2025 | $1,298 |
| August 2025 | $1,290 |
| September 2025 | $1,266 |
| October 2025 | $1,275 |
| November 2025 | $1,275 |
| December 2025 | $1,256 |
| January 2026 | $1,245 |
| February 2026 | $1,239 |
| March 2026 | $1,250 |
| April 2026 | $1,250 |
| May 2026 | $1,275 |
| June 2026 | $1,288 |
| July 2026 | $1,270 |
| August 2026 | $1,290 |
| September 2026 | $1,299 |
| October 2026 | $1,296 |
| November 2026 | $1,295 |
| Month | Median Rent |
|---|---|
| November 2024 | $1,086 |
| December 2024 | $1,034 |
| January 2025 | $1,012 |
| February 2025 | $1,000 |
| March 2025 | $999 |
| April 2025 | $1,075 |
| May 2025 | $1,078 |
| June 2025 | $1,098 |
| July 2025 | $1,089 |
| August 2025 | $1,087 |
| September 2025 | $1,100 |
| October 2025 | $1,112 |
| November 2025 | $1,120 |
| December 2025 | $1,170 |
| January 2026 | $1,162 |
| February 2026 | $1,186 |
| March 2026 | $1,190 |
| April 2026 | $1,181 |
| May 2026 | $1,196 |
| June 2026 | $1,152 |
| July 2026 | $1,112 |
| August 2026 | $1,149 |
| September 2026 | $1,131 |
| October 2026 | $1,157 |
| November 2026 | $1,178 |
Affordability calculator
Can I afford to live at 405 Wallace Ave?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$47,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $47,800 annually to afford this 2-bedrooms monthly rent price of $1,195.
For more information on rent affordability, visit our rent calculator.
Schools near 405 Wallace Ave
Ralph Waldo Emerson School No. 58
321 n linwood ave
indianapolis, IN, 46201
PK, K-6Public
C-
Family Development Services - Windsor Village East
5950 e 23rd st
indianapolis, IN, 46218
PKPublic
Frederick Douglass School 19
2020 dawson st
indianapolis, IN, 46203
PK, K-8Public
C-
Francis Bellamy Pre-School Center
9501 e 36th st
indianapolis, IN, 46236
PKPublic
Indiana School for the Deaf
1200 e 42nd st
indianapolis, IN, 46205
PK, K-12Public
Getting around Indianapolis near 405 Wallace Ave
Walking
5/10
Some shops and stores are within a few minutes.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 405 Wallace Ave, Indianapolis
Groceries
6/10
At least one supermarket within a 20-minute walk
Shopping
4/10
Several shops within walking distance
Cafes
4/10
Some cafés within walking distance
Restaurants
4/10
Some restaurants within a few minutes’ walk
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
3/10
At least one high school within a 30-minute walk
Parks
6/10
Large amount of park space nearby
Nightlife
4/10
Some bars within walking distance
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