Opportunity knocks in this limestone three bedroom, one and a have bath ranch home. Sitting on a .25 acre lot. The home is being sold AS IS. Renovation work started and now the new owner can step in with a head start: some kitchen cabinets are on site and ready for installation, and new doors have already been hung in the bedrooms. Features include hardwood floors in several rooms, a spacious living area, attached 480 sq foot garage. Cedar lined closet in the third bedroom. Convenient Indianapolis location approximately seven minutes from the University of Indianapolis and next door to Christel House at Manual. Ideal for investors, rehabbers, or buyers looking for a project with potential. MULTIPLE offers highest and best due by noon Monday June 1st
Single-familyProperty Type
1960Year Built
6,447 sq ftLot Size
$98Price/Sq.Ft.
2 car garageParking
Listed by Terry Melvin• REMAX ONE
Bought with Silvia Torres• BluPrint Real Estate Group
Est. $1,542 per month, based on comparable rentals
Sale and tax history for 2501 Ransdell St
Sale History
Tax History
Date
Event
Price
MIBOR as Distributed by MLS Grid #22104308
Jun 11, 2026
Sold
$108,000
$98/sq ft
Jun 1, 2026
Pending
—
May 27, 2026
Listed
$99,900
$90/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,171 (+2.3%)
$14,800 + $105,500
$120,300
2024
$1,144 (+7.6%)
$14,800 + $94,800
$109,600
2023
$1,063 (−8.4%)
$14,800 + $94,800
$109,600
2022
$1,161 (+22.4%)
$14,800 + $93,000
$107,800
2021
$948 (+13.3%)
$14,800 + $75,900
$90,700
2020
$837 (+28.5%)
$14,800 + $75,900
$90,700
2019
$652 (−2.7%)
$14,800 + $70,300
$85,100
2018
$670 (+20.2%)
$12,100 + $62,500
$74,600
2017
$557 (+10.7%)
$12,100 + $57,300
$69,400
2016
$503 (+5.2%)
$12,100 + $57,300
$69,400
2015
$478 (+8.9%)
$12,100 + $53,300
$65,400
2014
$439 (−4.6%)
$12,100 + $51,000
$63,100
2013
$460
$12,100 + $48,000
$60,100
Public record
Public record
Zoning
Permits
Beds
3
Baths
—
Stories
1
Lot width
47 ft.
Lot depth
137 ft.
Lot size
6,447 Sq. Ft.
Year renovated
1960
Sq. Ft.
1,104
Year built
1960
Style
Single Family Residential
County
Marion County
APN
491124145025000101
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 29, 2026.
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
May 25, 2011 • Active
Electrical permit-1-2 family-alteration-remodel
Electrical
Electric meter
Nov 11, 2004 • Final
Heating & cooling permit-1-2 family-replacement
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
Parking
Parking Information
Garage SqFt: 480
Parking Features: Attached
Garage Spaces: 2
Has Garage
Interior
Interior Sq. Ft. Information
Building Area Total: 1104
Living Area: 1104
Main Level Sq. Ft.: 1104
Upper Level Sq. Ft.: 0
Bedroom Information
# of Bedrooms Main: 3
Beds MU: 3
Bedrooms MU: 3
Bathroom Information
# of Full Baths (Total): 1
# of Half Baths (Total): 1
# of Full Baths (Main): 1
# of Half Baths (Main): 1
Half Baths MU: 1
Half Bathrooms MU: 1
Full Baths MU: 1
Full Bathrooms MU: 1
Room 1 Information
Room Type: Dining Room
Room Features: Other
Room Dimensions: 12s10
Room Level: Main
Room 2 Information
Room Type: Kitchen
Room Features: Other
Room Dimensions: 10x10
Room Level: Main
Room 3 Information
Room Dimensions: 13x10
Room Level: Main
Room 4 Information
Room Type: Bedroom 2
Room Dimensions: 11x10
Room Level: Main
Room 5 Information
Room Type: Living Room
Room Dimensions: 18x13
Room Level: Main
Room 6 Information
Room Type: Bedroom 3
Room Dimensions: 10x9
Room Level: Main
Room 7 Information
Room Type: Laundry
Room Features: Other
Room Dimensions: 6x6
Room Level: Main
Other Rooms Information
Rooms Upper: 0
Rooms Main: 7
Rooms Basement: 0
# of Rooms: 7
Laundry Room Information
Laundry Features: Main Level
Heating & Cooling
Heating Information: None
Cooling Information: None
Interior Features
Interior Features: Hardwood Floors, Wood Work Painted
Appliances: None
Areas Interior: Bedroom Other on Main,Laundry in Unit
Exterior
Farm Information
Horse Amenities: None
Property Information
Property Type: Residential
Property Condition: Fixer
Property Sub Type: Single Family Residence
Land Information
Acres: <1/4 Acre
Lot Information
Lot Size Acres: 0.15
Lot Features: City Lot
Utilities
Utility Information
Utility Prim Sewage Disp: Municipal Sewer Connected