Welcome home to 5131 Ralston Avenue, your new updated bungalow in Midtown! This two bedroom, two full baths home boasts many updated features as well as much of the original character. Enjoy morning coffee or evenings on the large covered front porch. Enter into the living room that has original hardwood flooring. The kitchen offers crisp white cabinetry, beautiful tilework, quartz countertops, brand new stainless steel appliances, center island and. Two spacious bedrooms each with ensuite full bathrooms. Full basement is dry with laundry and plenty of storage. Backyard is fully fenced and includes a one car garage. Other updates include plumbing, electrical, siding and windows. Located in midtown, this home is just minutes from the heart of Broad Ripple with shopping and dining as well as the Monon Trail.
Pending
$249,000
5131 Ralston Ave, Indianapolis, IN 46205
2beds
1,640sqft
SingleFamily
Built in 1930
5,670 Square Feet Lot
$172,000 Zestimate®
$152/sqft
$-- HOA
What's special
Quartz countertopsOne car garageCrisp white cabinetryLarge covered front porchBackyard is fully fencedBeautiful tileworkCenter island
What the owner loves about this home
We bought and renovated this house for our Daughter who was moving back to Indianapolis. Plans changed and now we are offering it for sale. This house was completely renovated: new wiring, new plumbing, new bathrooms, new kitchen and refinished all hardwood floors. The home is small but so very charming. The ensuite bathrooms attached to both bedrooms is my favorite addition and unheard of in Broad Ripple area.
- 3 days |
- 581 |
- 46 |
Listed by:
Property Owner (317) 319-4703
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced air, Other, Gas
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Washer
Features
- Flooring: Hardwood
- Basement: Unfinished
Interior area
- Total interior livable area: 1,640 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Detached
Features
- Exterior features: Vinyl
Lot
- Size: 5,670 Square Feet
Details
- Parcel number: 490707139038000801
Construction
Type & style
- Home type: SingleFamily
Materials
- Frame
- Foundation: Crawl/Raised
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1930
Community & HOA
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $152/sqft
- Tax assessed value: $148,600
- Annual tax amount: $1,335
- Date on market: 6/22/2026
Estimated market value
$172,000
$163,000 - $181,000
$1,662/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/25/2026 | Pending sale | $249,000$152/sqft |
Source: Owner Report a problem | ||
| 6/22/2026 | Listed for sale | $249,000+100.8%$152/sqft |
Source: Owner Report a problem | ||
| 4/8/2026 | Sold | $124,000-31.1%$76/sqft |
Source: Public Record Report a problem | ||
| 11/10/2025 | Price change | $180,000-5.3%$110/sqft |
Source:  MIBOR as distributed by MLS GRID #22059215 Report a problem | ||
| 10/13/2025 | Price change | $190,000-5%$116/sqft |
Source: MIBOR as distributed by MLS GRID #22059215 Report a problem | ||
| 8/29/2025 | Listed for sale | $200,000$122/sqft |
Source: MIBOR as distributed by MLS GRID #22059215 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,335 +4.9% | $148,600 +16.9% |
| 2024 | $1,273 -22.6% | $127,100 |
| 2023 | $1,644 +16.1% | $127,100 -10.3% |
| 2022 | $1,416 +11% | $141,700 +12.9% |
| 2021 | $1,275 +10.1% | $125,500 +10.3% |
| 2020 | $1,159 +3.5% | $113,800 +6.9% |
| 2019 | $1,120 +21.8% | $106,500 +3.7% |
| 2018 | $919 +8.1% | $102,700 +5.7% |
| 2017 | $850 +3.7% | $97,200 +4.2% |
| 2016 | $820 +10.4% | $93,300 +8% |
| 2014 | $743 -9.9% | $86,400 +4.5% |
| 2013 | $825 | $82,700 -17.7% |
| 2012 | $825 | $100,500 +24.7% |
| 2011 | -- | $80,600 |
| 2010 | $683 +11.5% | $80,600 |
| 2009 | $612 | $80,600 +8.6% |
| 2007 | -- | $74,200 -13.9% |
| 2006 | -- | $86,200 +55.6% |
| 2005 | -- | $55,400 |
| 2004 | -- | $55,400 |
| 2003 | -- | $55,400 +188.5% |
| 2002 | -- | $19,200 +200% |
| 2001 | -- | $6,400 |
| 2000 | -- | $6,400 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Fairgrounds
Nearby schools
GreatSchools rating
- 6/10Rousseau McClellan School 91Grades: PK-5Distance: 0.3 mi
- NABroad Ripple Middle School - An IB World SchoolGrades: 6-8Distance: 1.6 mi
- 2/10Shortridge High SchoolGrades: 9-12Distance: 2.3 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Indiana
- Marion County
- Indianapolis
- 46205
- Fairgrounds
- 5131 Ralston Ave
Nearby cities
Nearby neighborhoods
Nearby zip codes
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