Rent ready 3 bd/1 ba ranch w/new roof, new siding, and some new windows. Excellent location positioned directly across the street from park and blocks from school. Neighborhood is experiencing renovations throughout and values are soaring - great opportunity to grab this one at a great price! Minutes from amazing restaurants in SoBro and easy commute downtown.
Single-familyProperty Type
1961Year Built
6,882 sq ftLot Size
$133Est. Price/Sq.Ft.
Listed by Erica Suvak• Ala Carte Realty
Contact: ejsuvak@yahoo.com
Bought with Stacie Kidwell Sandoval• Sandcastle Real Estate, LLC
Great opportunity on this ranch style home. It offers approximately 1,092 square feet of living space with 3 bedrooms and 1 bathroom. Great open floor plan. Eat in kitchen. Built in 1961 this home may require some enhancements and upgrades but worth taking a look at.
Year
Property tax
Land + Additions
Assessment*
2025
$3,246 (+22.6%)
$8,400 + $125,800
$134,200
2024
$2,648 (+86.3%)
$8,400 + $99,400
$107,800
2023
$1,421 (−7.0%)
$8,400 + $99,400
$107,800
2022
$1,529 (−3.6%)
$8,400 + $47,800
$56,200
2021
$1,586 (+67.3%)
$8,400 + $42,900
$51,300
2020
$948 (+6.5%)
$8,400 + $42,900
$51,300
2019
$890 (−1.2%)
$3,600 + $33,800
$37,400
2018
$901 (+23.9%)
$3,600 + $30,700
$34,300
2017
$727 (+8.0%)
$3,600 + $27,000
$30,600
2016
$673 (+3.7%)
$3,600 + $27,000
$30,600
2015
$649 (−11.3%)
$3,600 + $25,200
$28,800
2014
$732 (+10.1%)
$3,600 + $25,900
$29,500
2013
$665
$3,600 + $30,300
$33,900
Tax history for 2723 Ralston Ave
Year
Property tax
Land + Additions
Assessment*
2025
$3,246 (+22.6%)
$8,400 + $125,800
$134,200
2024
$2,648 (+86.3%)
$8,400 + $99,400
$107,800
2023
$1,421 (−7.0%)
$8,400 + $99,400
$107,800
2022
$1,529 (−3.6%)
$8,400 + $47,800
$56,200
2021
$1,586 (+67.3%)
$8,400 + $42,900
$51,300
2020
$948 (+6.5%)
$8,400 + $42,900
$51,300
2019
$890 (−1.2%)
$3,600 + $33,800
$37,400
2018
$901 (+23.9%)
$3,600 + $30,700
$34,300
2017
$727 (+8.0%)
$3,600 + $27,000
$30,600
2016
$673 (+3.7%)
$3,600 + $27,000
$30,600
2015
$649 (−11.3%)
$3,600 + $25,200
$28,800
2014
$732 (+10.1%)
$3,600 + $25,900
$29,500
2013
$665
$3,600 + $30,300
$33,900
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
3
Baths
—
Stories
1
Lot width
53 ft.
Lot depth
130 ft.
Lot size
6,882 Sq. Ft.
Year renovated
2010
Sq. Ft.
1,039
Year built
1961
Style
Single Family Residential
County
Marion County
APN
490730141004000101
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 19, 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
Feb 22, 2010 • Final
Sewer connection
Perform a residential sewer repair.
Plumbing
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
Interior Sq. Ft. Information
Building Area Total: 1039
Living Area: 1039
Main Level Sq. Ft.: 1039
Lower/Basement Level Sq. Ft (Finished): 0
Bedroom Information
# of Bedrooms Main: 3
Beds MU: 3
Bedrooms MU: 3
Bathroom Information
# of Full Baths (Total): 1
# of Full Baths (Main): 1
Full Baths MU: 1
Full Bathrooms MU: 1
Room 1 Information
Room Features: Laminate
Room Dimensions: 12x12
Room Level: Main
Room 2 Information
Room Type: Bedroom 2
Room Features: Laminate
Room Dimensions: 12x10
Room Level: Main
Room 3 Information
Room Type: Bedroom 3
Room Features: Laminate
Room Dimensions: 10x11
Room Level: Main
Room 4 Information
Room Type: Kitchen
Room Dimensions: 16x10
Room Level: Main
Room 5 Information
Room Type: Living Room
Room Features: Laminate
Room Dimensions: 15x13
Room Level: Main
Other Rooms Information
Rooms Upper: 0
Rooms Main: 5
Rooms Basement: 0
# of Rooms: 5
Heating & Cooling
Heating Information: Forced Air
Cooling Information: None
Interior Features
Interior Features: Attic Access
Appliances: None
Exterior
Property Information
Other Equipment: Not Applicable
Property Type: Residential
Property Sub Type: Single Family Residence
Land Information
Acres: <1/4 Acre
Lot Information
Lot Size Acres: 0.16
Utilities
Utility Information
Utility Prim Sewage Disp: Municipal Sewer Connected
Water Source: Municipal/City
Solid Waste Information: No
Location
School Information
High School District: Indianapolis Public Schools
Location Information
Directions: GPS to home
Tax Legal Description: Fairlawn Lot 6 & 13.33' N End L5 B2
Public facts
Beds: 3
Baths: —
Sq. Ft.: 1,039
Stories: 1.0
Lot Size: 6,882 square feet
Style: Single Family Residential
Year Built: 1961
Year Renovated: 2010
County: Marion County
APN: 490730141004000101
Home facts updated by county records on Oct 19, 2026
Other
Listing Information
Attribution Contact: ejsuvak@yahoo.com
Green Information
Green Certification YN: No
Home Information
Foundation Details: Slab
Construction Materials: Vinyl Siding
Levels: One
Around this home
Schools
K - 12
Preschool & daycare
James Russell Lowell School 51
Public PreK-5 • Assigned • 1.3mi
3/10
KIPP Indianapolis College Preparatory
Charter 6-8 • Assigned • 0.4mi
4/10
KIPP Indy Legacy High
Charter 9-12 • Assigned • 0.5mi
4/10
Shortridge High School
Public 9-12 • Assigned • 1.5mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk 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
3/10 Heat Factor
7 days above 102° expected this year, 19 days in 30 years
2/10 Wind Factor
1% 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
$131,000 – $159,000
Sell confidently with a local market expert in Indianapolis. 3 minutes to get started.