2331 Ralston Ave is a 1,250 square foot house on a 6,795 square foot lot with 4 bedrooms. Based on Redfin's Indianapolis data, we estimate the home's value is $99,000.
Single-familyProperty Type
1998Year Built
6,795 sq ftLot Size
$79Est. Price/Sq.Ft.
2 car garageParking
Source:Public Records
Redfin Estimate
$99,000
$4,000 since October
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 40.9% lower than the average sale price ($168K) of 5 comparable homes.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
Permits
D5
COMPACT
Dwelling District Five
The D-5 district is intended for medium and large- lot housing formats, primarily for detached houses, but may incorporate small- scale multi- unit building types in strategic locations. This district can be used for new, walkable suburban neighborhoods or for infill situation in established urban areas, including both low density and medium density residential recommendations of the Comprehensive Plan, and the Suburban Neighborhood and Traditional Neighborhood Typologies of the Land Use Pattern Book.
Zone overlays
Compact Context Area
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Multiple units
Communications tower
Housing-Mobile home park
Park & open space
Nov 2, 2015 • Final
Heating & cooling permit-1-2 family-replacement
Replace an outdoor condensing unit with a new electrical whip.
HVAC
Jun 16, 1997 • Active
Heating & cooling permit-1-2 family-new install
HVAC
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Bathroom Information
# of Bathroom Fixtures: 7
Heating & Cooling
Air Conditioning Type: Central
Heating Type: Warm Air
Fireplace Information
Fireplace Type: Masonry
Has Fireplace
Room Information
# of Rooms: 8
Exterior
Exterior Information
Physical Condition: Average
Construction Type: Wood
Building Type: Single Family
Property Information
Subdivision Name: NEW RALSTON ESTATES
Living Sq. Ft: 1,250
Adjusted Gross Sq. Ft: 1,250
Ground Floor Sq. Ft: 1,250
Building Sq. Ft: 1,754
# of Stories: 1
Legal Description: NEW RALSTON ESTATES L23
Parking & Garage Information
# of Parking Spaces: 1
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 504
Garage / Carport Type: Attached
Lot Information
# of Buildings: 1
Land Sq. Ft: 6,795
Legal Lot Number: 23
Municipality Name: INDIANPOLIS,CENTER
Acres: 0.156
Depth Footage: 115
Front Footage: 59
County Use Description: ONE FAMILY DWLG ON PLAT LOT
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 4
Baths: —
Sq. Ft.: 1,250
Stories: 1.0
Lot Size: 6,795 square feet
Style: Single Family Residential
Year Built: 1998
Year Renovated: 1998
County: Marion County
APN: 490730115424048101
Home facts updated by county records on Oct 19, 2026
Around this home
Schools
K - 12
Preschool & daycare
Center for Inquiry School 27
Public PreK-5 • Assigned • 1.1mi
4/10
KIPP Indianapolis College Preparatory
Charter 6-8 • Assigned • 0.8mi
4/10
KIPP Indy Legacy High
Charter 9-12 • Assigned • 0.2mi
4/10
Arsenal Technical High School
Public 9-12 • Assigned • 1.6mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
3/10 Flood Factor
Estimated 10-16% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 102° expected this year, 19 days in 30 years
2/10 Wind Factor
0% chance of strong winds in next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 7 days in 30 years
Provided by First Street
Historical weather
Indianapolis, IN • 46218
Average low and high temperatures (°F)
32
18
42
26
60
40
68
48
72
54
83
66
87
71
82
65
81
60
69
49
54
39
42
28
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.7 hours in
June and 3.3 hours in December, placing it below the
U.S. average for solar exposure.
9.7 hrs
3.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$95,000 – $114,000
Sell confidently with a local market expert in Indianapolis. 3 minutes to get started.