OFF MARKET

Off market aug 2020 for $67K

$148,627

Studio

•

— ba

•

—

sq ft

4251 Ralston Ave, Indianapolis, IN 46205

About this home

Multi-familyProperty Type

1943Year Built

5,419 sq ftLot Size

Listed by Maxwell Richter • Wilmoth Group

Contact: maxr@wilmothgroup.com

Bought with Phillip Whitaker • Asher Real Estate Agency

Redfin checked: a minute ago

•Source:MIBOR as Distributed by MLS Grid #21689685

Redfin Estimate

$148,627

$81K since sold in August 2020$10K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 18.7% lower than the average sale price ($183K) of 6 comparable homes.

SOLD SEP 23, 2026
$133,000
A
2 beds1 bath1,800 sq ft
4628 Evanston Ave, Indianapolis, IN 46205
SOLD JUL 7, 2026
$198,000
B
2 beds1 bath1,848 sq ft
4510 Norwaldo Ave, Indianapolis, IN 46205
SOLD SEP 24, 2026
$162,000
C
2 beds1 bath1,296 sq ft
4255 Winthrop Ave, Indianapolis, IN 46205
SOLD MAY 1, 2026
$183,000
D
3 beds1 bath855 sq ft
4361 Kingsley Dr, Indianapolis, IN 46205
SOLD SEP 3, 2026
$222,000
E
2 beds1 bath1,536 sq ft
4715 Rosslyn Ave, Indianapolis, IN 46205
SOLD OCT 29, 2025
$199,000
F
2 beds1 bath768 sq ft
4243 Ralston Ave, Indianapolis, IN 46205

Claim this home to receive a free report every month with insights on the changing estimate.

Market trends in 46205, IN

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

98.5%

0.2% MoM

Median sale price

$299K

$13K MoM

Avg. days on market

28d

8 days MoM

Recently sold homes

161

5 MoM

New listings for sale

3D WALKTHROUGH
$315,000
3 beds1.5 baths2,341 sq ft
717 E 44th St, Indianapolis, IN 46205
$255,000
3 beds2 baths2,231 sq ft
909 E 42nd St, Indianapolis, IN 46205
$314,950
5 beds2 baths2,528 sq ft
3070 E 47th St, Indianapolis, IN 46205
$250,000
2 beds1 bath1,768 sq ft
5118 Hillside Ave, Indianapolis, IN 46205
$209,000
3 beds2.5 baths2,216 sq ft
619 E 32nd St, Indianapolis, IN 46205
$420,000
3 beds1.5 baths2,414 sq ft
4141 N Ruckle St, Indianapolis, IN 46205
$267,500
3 beds1 bath1,726 sq ft
4917 Evanston Ave, Indianapolis, IN 46205
$339,000
4 beds2.5 baths2,498 sq ft
607 E 32nd St, Indianapolis, IN 46205
$265,000
3 beds2 baths2,410 sq ft
3109 E 48th St, Indianapolis, IN 46205
3D WALKTHROUGH
$459,900
3 beds2 baths1,797 sq ft
435 E 49th St, Indianapolis, IN 46205
See all

Provided by Redfin

Sale history for 4251 Ralston Ave

Date

Event

Price

MIBOR as Distributed by MLS Grid #21689685

Aug 31, 2020

Sold

$67,900

Aug 21, 2020

Pending

—

Jul 16, 2020

Pending

—

Jul 14, 2020

Relisted

—

May 15, 2020

Pending

—

May 13, 2020

Relisted

—

Apr 27, 2020

Pending

—

Apr 24, 2020

Price Changed

$67,900

Jan 16, 2020

Listed

$850,000

MIBOR as Distributed by MLS Grid #21472808

Jun 16, 2017

Sold

$40,500

Jun 3, 2017

Pending

—

May 5, 2017

Price Changed

$47,500

Mar 23, 2017

Listed

$49,900

An exceptional investment property, with strong cash flow, in SoBro neighborhood. A fully occupied duplex with monthly rent of $825 and excellent tenants (1701 E 43rd St is the other side). Each unit has 1 bed & 1 bath, with value-added bonus rooms and lots of square footage. Lots of natural light! Corner lot looking onto school & detached garage. Easy access walking/biking to Broad Ripple and Monon trail & excellent transportation access. An excellent investment opportunity!

MIBOR as Distributed by MLS Grid #21312828

Sep 30, 2014

Listing Removed

—

Sep 1, 2014

Listed

$29,900

Join or sign in to view all info

Year

Property tax

Land + Additions

Assessment*

2025

$2,620 (+5.7%)

$13,600 + $92,600

$106,200

2024

$2,478 (+0.1%)

$13,600 + $85,700

$99,300

2023

$2,475 (+10.6%)

$13,600 + $85,700

$99,300

2022

$2,238 (+30.5%)

$13,600 + $85,700

$99,300

2021

$1,715 (+20.3%)

$3,200 + $66,100

$69,300

2020

$1,425 (+5.2%)

$3,200 + $66,100

$69,300

2019

$1,354 (+10.3%)

$3,200 + $53,400

$56,600

2018

$1,228 (+127.4%)

$3,200 + $49,400

$52,600

2017

$540 (−6.9%)

$3,200 + $17,100

$20,300

2016

$580 (+18.9%)

$3,200 + $17,100

$20,300

2015

$488 (−0.8%)

$3,200 + $19,600

$22,800

2014

$492 (+14.4%)

$3,200 + $19,000

$22,200

2013

$430

$3,200 + $19,600

$22,800

Tax history for 4251 Ralston Ave

Year

Property tax

Land + Additions

Assessment*

2025

$2,620 (+5.7%)

$13,600 + $92,600

$106,200

2024

$2,478 (+0.1%)

$13,600 + $85,700

$99,300

2023

$2,475 (+10.6%)

$13,600 + $85,700

$99,300

2022

$2,238 (+30.5%)

$13,600 + $85,700

$99,300

2021

$1,715 (+20.3%)

$3,200 + $66,100

$69,300

2020

$1,425 (+5.2%)

$3,200 + $66,100

$69,300

2019

$1,354 (+10.3%)

$3,200 + $53,400

$56,600

2018

$1,228 (+127.4%)

$3,200 + $49,400

$52,600

2017

$540 (−6.9%)

$3,200 + $17,100

$20,300

2016

$580 (+18.9%)

$3,200 + $17,100

$20,300

2015

$488 (−0.8%)

$3,200 + $19,600

$22,800

2014

$492 (+14.4%)

$3,200 + $19,000

$22,200

2013

$430

$3,200 + $19,600

$22,800

*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

Baths

Stories

Lot width

39 ft.

Lot depth

139 ft.

Lot size

5,419 Sq. Ft.

Year renovated

1956

Sq. Ft.

800

Year built

1943

Style

Multi-Family (2-4 Unit)

County

Marion County

APN

490718103017000801

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 29, 2026.

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 27, 2017 • Final

Electrical - 1-2 family

Electrical

Dec 15, 2016 • Active

Right of way permit-excavation

Repair the water service. This work includes cutting into the concrete sidewalk and will result in a partial traffic lane closure.

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

Parking

Parking Information
Unit Parking: 1 Car Garage,On Street

Interior

Interior Sq. Ft. Information
Building Area Total: 0
Living Area: 0

Laundry Room Information
Laundry Features: Other

Basement Information
Has Basement

Multi-Family Financial Information
Owner Pays: Taxes, No Utilities
Gross Income: 0
Expenses: 0

Multi-Unit Information
# of Units: 2

Unit Type 1 Information
Kitchen: 0
Levels: 1
Miscellaneous: Range/Oven, Refrigrater
Rent: 595
Rent Frequency: Monthly
Utilities: Hot Wtr Gas

Unit Type 2 Information
Kitchen: 0
Levels: 1
Miscellaneous: Range/Oven,Refrigrater
Rent: 426
Rent Frequency: Monthly
Utilities: Hot Wtr Gas,Other

Exterior

Exterior Features
Exterior Features: Not Applicable

Property Features
Conversion: No

Property Information
Property Type: Residential Income
Property Sub Type: Residential Units - 1 to 4

Land Information
Acres: <1/4 Acre

Lot Information
Lot Size Acres: 0.124
Lot Features: Access, Corner Lot, Not In Subdivision, Mature Trees

Utilities

Utility Information
Utilities: Electricity Connected, Gas
Solid Waste Information: Yes
Building Utilities: Sewer,Water

Location

School Information
High School District: MSD Washington Township

Location Information
Directions: From N Keystone Ave take E 46th Street to South on N Ralston, follow to 4251.
Tax Legal Description: MONTROSE L64

Public facts

Beds: 1
Baths: 1.0
Sq. Ft.: 800
Stories: 1.0
Lot Size: 5,419 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1943
Year Renovated: 1956
County: Marion County
APN: 490718103017000801

Home facts updated by county records on Jul 29, 2026

Other

Listing Information
Attribution Contact: maxr@wilmothgroup.com

Green Information
Green Certification YN: No

Home Information
Foundation Details: Block
Construction Materials: Vinyl Siding
Security Features: Smoke Alarm

Around this home

Schools

Rousseau McClellan School 91

Public PreK-5 • Assigned • 0.8mi

5/10

Avondale Meadows Middle School

Charter 5-8 • Assigned • 1.1mi

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 • 46205

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.8 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.

9.8 hrs

3.3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$142,000 – $171,000

Sell confidently with a local market expert in Indianapolis. 3 minutes to get started.

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New listings for sale in 46205

3D WALKTHROUGH

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717 E 44th St, Indianapolis, IN 46205

$255,000

3 beds2 baths2,231 sq ft

909 E 42nd St, Indianapolis, IN 46205

$314,950

5 beds2 baths2,528 sq ft

3070 E 47th St, Indianapolis, IN 46205

$250,000

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5118 Hillside Ave, Indianapolis, IN 46205

$209,000

3 beds2.5 baths2,216 sq ft

619 E 32nd St, Indianapolis, IN 46205

$420,000

3 beds1.5 baths2,414 sq ft

4141 N Ruckle St, Indianapolis, IN 46205

$267,500

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4917 Evanston Ave, Indianapolis, IN 46205

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Home values near 4251 Ralston Ave

Data from public records.

Address	Redfin Estimate
4225 Ralston Ave, Indianapolis, IN 3 Beds \| 1.5 Baths \| 1728 Sq. Ft.	$227,899
4309 Ralston Ave, Indianapolis, IN 3 Beds \| 1 Baths \| 918 Sq. Ft.	$183,294

Address	Redfin Estimate
4243 Ralston Ave, Indianapolis, IN 2 Beds \| 1 Baths \| 768 Sq. Ft.	$198,230
4325 Ralston Ave, Indianapolis, IN 4 Beds \| - Baths \| 1508 Sq. Ft.	$171,472

Address	Redfin Estimate
4237 Ralston Ave, Indianapolis, IN 3 Beds \| 1 Baths \| 1960 Sq. Ft.	$146,814
4305 Ralston Ave, Indianapolis, IN 1 Beds \| - Baths \| 738 Sq. Ft.	$180,164

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2020. This data may not match . Learn more.

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