3131 Ralston Ave is a 677 square foot house on a 5,227 square foot lot with 2 bedrooms. - it last sold on September 13, 2017 for $8,000. Based on Redfin's Indianapolis data, we estimate the home's value is $67,026.
Single-familyProperty Type
1930Year Built
5,227 sq ftLot Size
$99Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$67,026
$59K since sold in September 2017$3,000 since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 33.9% lower than the average sale price ($101K) 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
Dec 4, 2020 • Final
Plumbing - 1-2 family
Remove copper water lines and replace them with PEX water supply lines. Remove iron drain piping and replace it with PVC piping. Install a new water heater.
Plumbing
Dec 4, 2020 • Final
Electrical - 1-2 family
Electrical
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
Basement Information
Basement Sq. Ft: 650
Basement Type: Full
Heating & Cooling
Heating Type: Warm Air
Room Information
# of Rooms: 5
Exterior
Exterior Information
Physical Condition: Fair
Construction Type: Wood
Building Type: Single Family
Property Information
Subdivision Name: AIRSLIE ADD
Living Sq. Ft: 677
Adjusted Gross Sq. Ft: 1,327
Ground Floor Sq. Ft: 677
Building Sq. Ft: 1,327
# of Stories: 1
Legal Description: AIRSLIE ADD L14
Lot Information
# of Buildings: 1
Land Sq. Ft: 5,227
Legal Lot Number: 14
Municipality Name: INDIANPOLIS,CENTER
Acres: 0.12
Depth Footage: 131
Front Footage: 40
County Use Description: ONE FAMILY DWLG ON PLAT LOT
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 2
Baths: —
Sq. Ft.: 677
Stories: 1.0
Lot Size: 5,227 square feet
Style: Single Family Residential
Year Built: 1930
Year Renovated: 1965
County: Marion County
APN: 490719127002000101
Home facts updated by county records on Jul 29, 2026
Around this home
Schools
James Russell Lowell School 51
Public PreK-5 • Assigned • 1.5mi
3/10
KIPP Indianapolis College Preparatory
Charter 6-8 • Assigned • 0.1mi
4/10
Shortridge High School
Public 9-12 • Assigned • 1.3mi
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, 18 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
71
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
$64,000 – $78,000
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