Come check out this investor's dream, a small gem just waiting for your touch. With the a few updates, this could be a great rental or a starter home. Property is being sold AS-IS, seller will make no repairs. It's minutes from the interstate and downtown, near a public park and golf course, shopping and dining. Come check it out!
Single-familyProperty Type
1950Year Built
0.31 acresLot Size
$135Est. Price/Sq.Ft.
1 car garageParking
Listed by Tracey Williams• BHB Real Estate Group
Contact: twilliams@cicoa.org
Bought with Tracey Williams• BHB Real Estate Group
This is a great investment opportunity. This property is just waiting for someone to spruce it up. Homes on both sides of this property are in the process of being updated. Sale of home includes the lot next door at 3257 Ralston Ave. The property is being sold as is. Cash offers only!
Year
Property tax
Land + Additions
Assessment*
2025
$72 (−76.4%)
$9,100 + $29,600
$38,700
2024
$303 (+39.5%)
$9,100 + $24,900
$34,000
2023
$217 (−63.7%)
$9,100 + $24,900
$34,000
2022
$599 (+14.5%)
$9,100 + $13,600
$22,700
2021
$524 (+22.7%)
$9,100 + $10,700
$19,800
2020
$427 (+20.3%)
$9,100 + $10,700
$19,800
2019
$355 (−52.6%)
$5,100 + $10,500
$15,600
2018
$748 (+10.1%)
$2,600 + $9,700
$12,300
2017
$680 (+111.0%)
$2,600 + $10,000
$12,600
2016
$322 (+11.8%)
$2,600 + $10,000
$12,600
2015
$288 (−2.0%)
$2,600 + $10,000
$12,600
2014
$294 (+4.3%)
$2,600 + $10,500
$13,100
2013
$282
$2,600 + $11,000
$13,600
Tax history for 3261 Ralston Ave
Year
Property tax
Land + Additions
Assessment*
2025
$72 (−76.4%)
$9,100 + $29,600
$38,700
2024
$303 (+39.5%)
$9,100 + $24,900
$34,000
2023
$217 (−63.7%)
$9,100 + $24,900
$34,000
2022
$599 (+14.5%)
$9,100 + $13,600
$22,700
2021
$524 (+22.7%)
$9,100 + $10,700
$19,800
2020
$427 (+20.3%)
$9,100 + $10,700
$19,800
2019
$355 (−52.6%)
$5,100 + $10,500
$15,600
2018
$748 (+10.1%)
$2,600 + $9,700
$12,300
2017
$680 (+111.0%)
$2,600 + $10,000
$12,600
2016
$322 (+11.8%)
$2,600 + $10,000
$12,600
2015
$288 (−2.0%)
$2,600 + $10,000
$12,600
2014
$294 (+4.3%)
$2,600 + $10,500
$13,100
2013
$282
$2,600 + $11,000
$13,600
*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
2
Baths
—
Stories
1
Lot width
80 ft.
Lot depth
171 ft.
Lot size
0.31 Acres
Year renovated
1973
Sq. Ft.
480
Year built
1950
Style
Single Family Residential
County
Marion County
APN
490719127082000101
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
Sep 10, 2025 • Final
Right of way permit-excavation
Install a storm sewer system for the Department of Public Works.
Grading
Nov 7, 2018 • Final
Electrical - 1-2 family
Replace the electrical service including a new meter, riser, wiring, weatherhead, and panel. No interior wiring is included in this scope of work.
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
Parking
Parking Information
Garage SqFt: 0
Interior
Interior Sq. Ft. Information
Building Area Total: 480
Living Area: 480
Main Level Sq. Ft.: 480
Lower/Basement Level Sq. Ft (Finished): 0
Bedroom Information
# of Bedrooms Main: 1
Beds MU: 1
Bedrooms MU: 1
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: Carpet
Room Dimensions: 9X9
Room Level: Main
Room 2 Information
Room Type: Living Room
Room Features: Carpet
Room Dimensions: 10X7
Room Level: Main
Room 3 Information
Room Type: Kitchen
Room Features: Other
Room Dimensions: 10X8
Room Level: Main
Other Rooms Information
Rooms Upper: 0
Rooms Main: 3
Rooms Basement: 0
# of Rooms: 3
Heating & Cooling
Heating Information: No Heating
Cooling Information: None
Interior Features
Interior Features: Windows Wood
Appliances: None
Exterior
Building Information
Percent Optional Level Finished: 0
Property Information
Property Type: Residential
Accessibility Features: Accessible Entrance
Property Sub Type: Single Family Residence
Land Information
Acres: <1/4 Acre
Lot Information
Lot Size Acres: 0
Utilities
Utility Information
Utility Prim Sewage Disp: Municipal Sewer Connected
Water Source: Municipal/City
Solid Waste Information: Yes
Location
School Information
High School District: Indianapolis Public Schools
Location Information
Directions: From I70 take the Keystone exit, take Keystone to 30th Street, turn left onto 30th Street, take 30th Street to Ralston, turn right, home on right.
Tax Legal Description: Airslie Add L31 & L32
Public facts
Beds: 2
Baths: —
Sq. Ft.: 480
Stories: 1.0
Lot Size: 0.31 acres
Style: Single Family Residential
Year Built: 1950
Year Renovated: 1973
County: Marion County
APN: 490719127082000101
Home facts updated by county records on Oct 19, 2026
Other
Listing Information
Attribution Contact: twilliams@cicoa.org
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 • 1.6mi
3/10
KIPP Indianapolis College Preparatory
Charter 6-8 • Assigned • 0.3mi
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, 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
$62,000 – $75,000
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