OFF MARKET

Off market aug 2022 for $225K

$239,750

•

1,536

sq ft

4927 Ralston Ave, Indianapolis, IN 46205

About this home

Recently Renovated SoBro Bungalow. This 2 Bed 1 Bath, has been given new life. Exterior updates: new windows, gutters & exterior doors replaced, new siding & flooring on front porch, new paver patio & fire pit added out back, fresh gravel on driveway & parking out front, exterior paint, new garage door & motor, privacy fenced in backyard and updated landscaping. Interior updates: new lighting, LVP flooring & carpet in bedrooms/basement, kitchen & bath gutted and re-done, updated electrical, plumbing, & duct work, & finished space added in the basement. Coat closet has been converted into a wine bar w/ a 52 bottle wine fridge & granite counter top. Updated kitchen w/ granite & new SS appliances. New A/C, tankless water heater, & more!

Single-familyProperty Type

1942Year Built

5,560 sq ftLot Size

$156Est. Price/Sq.Ft.

1 car garageParking

Listed by Zachary Canull • Indy Home Shop LLC

Listed by Alexander Kovacs • Indy Home Shop LLC

Contact: zac@indyhomeshop.com

Bought with Zachary Canull • Indy Home Shop LLC

Redfin checked: a minute ago

•Source:MIBOR as Distributed by MLS Grid #21864108

Redfin Estimate

$239,750

$15K since sold in August 2022$5,000 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 17.5% higher than the average sale price ($204K) of 6 comparable homes.

SOLD SEP 30, 2026
$199,900
A
2 beds1 bath1,520 sq ft
4949 Kingsley Dr, Indianapolis, IN 46205
SOLD OCT 14, 2026
$245,000
B
2 beds1 bath1,632 sq ft
4932 Norwaldo Ave, Indianapolis, IN 46205
SOLD SEP 3, 2026
$222,000
C
2 beds1 bath1,536 sq ft
4715 Rosslyn Ave, Indianapolis, IN 46205
SOLD SEP 30, 2026
$183,900
D
2 beds1 bath1,600 sq ft
1716 E 46th St, Indianapolis, IN 46205
SOLD SEP 23, 2026
$133,000
E
2 beds1 bath1,800 sq ft
4628 Evanston Ave, Indianapolis, IN 46205
SOLD JUL 27, 2026
$240,000
F
2 beds1 bath1,660 sq ft
5160 Evanston Ave, Indianapolis, IN 46205

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Earn from this home

Sell

$58,904

Est. take-home

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Rent

$1,208/mo

Redfin rental estimate

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Market trends in 46205, IN

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

99.1%

+0.7% MoM

Median sale price

$300K

$88 MoM

Avg. days on market

29d

1 days MoM

Recently sold homes

152

3 MoM

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See all

Provided by Redfin

Sale history for 4927 Ralston Ave

Date

Event

Price

MIBOR as Distributed by MLS Grid #21864108

Aug 3, 2022

Sold

$225,000

$146/sq ft

Jul 9, 2022

Pending

—

Jul 8, 2022

Relisted

—

Jun 23, 2022

Pending

—

Jun 16, 2022

Listed

$235,000

$153/sq ft

MIBOR as Distributed by MLS Grid #21846575

Apr 14, 2022

Sold

$146,000

$95/sq ft

Apr 7, 2022

Pending

—

Apr 1, 2022

Listed

$169,000

$110/sq ft

MIBOR as Distributed by MLS Grid #21843172

Mar 24, 2022

Sold

$146,000

$95/sq ft

Mar 16, 2022

Pending

—

Mar 15, 2022

Listed

$130,000

$85/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$5,629 (+16.5%)

$27,500 + $208,100

$235,600

2024

$4,831 (−0.7%)

$27,500 + $172,300

$199,800

2023

$4,865 (+140.9%)

$27,500 + $172,300

$199,800

2022

$2,020 (+13.6%)

$27,500 + $173,900

$201,400

2021

$1,777 (+8.8%)

$12,000 + $61,400

$73,400

2020

$1,634 (+4.2%)

$12,000 + $61,400

$73,400

2019

$1,568 (+2.3%)

$12,000 + $55,000

$67,000

2018

$1,532 (+16.9%)

$12,000 + $51,000

$63,000

2017

$1,311 (+6.0%)

$12,000 + $46,100

$58,100

2016

$1,236 (+4.9%)

$12,000 + $46,100

$58,100

2015

$1,178 (−25.7%)

$12,000 + $43,900

$55,900

2014

$1,586 (+8.6%)

$12,000 + $63,400

$75,400

2013

$1,461

$12,000 + $61,400

$73,400

Tax history for 4927 Ralston Ave

Year

Property tax

Land + Additions

Assessment*

2025

$5,629 (+16.5%)

$27,500 + $208,100

$235,600

2024

$4,831 (−0.7%)

$27,500 + $172,300

$199,800

2023

$4,865 (+140.9%)

$27,500 + $172,300

$199,800

2022

$2,020 (+13.6%)

$27,500 + $173,900

$201,400

2021

$1,777 (+8.8%)

$12,000 + $61,400

$73,400

2020

$1,634 (+4.2%)

$12,000 + $61,400

$73,400

2019

$1,568 (+2.3%)

$12,000 + $55,000

$67,000

2018

$1,532 (+16.9%)

$12,000 + $51,000

$63,000

2017

$1,311 (+6.0%)

$12,000 + $46,100

$58,100

2016

$1,236 (+4.9%)

$12,000 + $46,100

$58,100

2015

$1,178 (−25.7%)

$12,000 + $43,900

$55,900

2014

$1,586 (+8.6%)

$12,000 + $63,400

$75,400

2013

$1,461

$12,000 + $61,400

$73,400

*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

Beds

Baths

Stories

Lot width

40 ft.

Lot depth

139 ft.

Lot size

5,558 Sq. Ft.

Year renovated

2019

Sq. Ft.

768

Year built

1942

Style

Single Family Residential

County

Marion County

APN

490707139163000801

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 19, 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

Property details

Parking

Parking Information
Parking Features: Detached, Guest Parking, Gravel
Garage Spaces: 1
Has Garage

Interior

Interior Sq. Ft. Information
Building Area Total: 1536
Living Area: 768
Main Level Sq. Ft.: 768
Upper Level Sq. Ft.: 0
Lower/Basement Level Sq. Ft (Finished): 480

Bedroom Information
# of Bedrooms Main: 2
Beds MU: 2
Bedrooms MU: 2

Bathroom Information
# of Full Baths (Total): 1
# of Full Baths (Main): 1
Full Baths MU: 2
Full Bathrooms MU: 1

Room 1 Information
Room Type: Bedroom 2
Room Features: Carpet
Room Dimensions: 11x10
Room Level: Main

Room 2 Information
Room Type: Dining Room
Room Features: Vinyl Plank
Room Dimensions: 9x9
Room Level: Main

Room 3 Information
Room Type: Kitchen
Room Features: Vinyl Plank
Room Dimensions: 8x12
Room Level: Main

Room 4 Information
Room Type: Living Room
Room Features: Vinyl Plank
Room Dimensions: 12x14
Room Level: Main

Room 5 Information
Room Features: Carpet
Room Dimensions: 11x11
Room Level: Main

Other Rooms Information
Rooms Upper: 0
Rooms Main: 5
Rooms Basement: 2
# of Rooms: 7

Laundry Room Information
Laundry Features: In Basement

Basement Information
Has Basement
Basement Features: Finished, Partial

Heating & Cooling
Heating Information: Forced Air, Gas
Cooling Information: Central Electric

Interior Features
Interior Features: Attic Access, Screens Complete, Windows Vinyl, Wood Work Painted, Breakfast Bar
Appliances: Dishwasher, Microwave, Electric Oven, Refrigerator, Wine Cooler, Tankless Water Heater

Exterior

Building Information
Percent Optional Level Finished: 50-75%

Exterior Features
Patio And Porch Features: Open Patio, Porch Open
Fencing: Fence Full Rear

Property Information
Ownership Interest Types: No Assoc
Other Equipment: Smoke Alarm
Property Type: Residential
Property Sub Type: Single Family Residence

Land Information
Acres: <1/4 Acre

Lot Information
Lot Size Acres: 0.12
Lot Features: Street Lights, Mature Trees

Utilities

Utility Information
Utility Prim Sewage Disp: Municipal Sewer Connected
Water Source: Municipal/City
Utilities: Cable Available, Gas
Solid Waste Information: No

Location

School Information
High School District: Indianapolis Public Schools

Location Information
Directions: From 49th Street, head North on Ralston Ave, home is on the right hand side.
Tax Legal Description: Bellaire L694

Community Information
Smoking: No

Public facts

Beds: 2
Baths: 1.0
Sq. Ft.: 768
Stories: 1.0
Lot Size: 5,558 square feet
Style: Single Family Residential
Year Built: 1942
Year Renovated: 2019
County: Marion County
APN: 490707139163000801

Home facts updated by county records on Oct 19, 2026

Other

Listing Information
Attribution Contact: zac@indyhomeshop.com

Green Information
Green Certification YN: No

Home Information
Foundation Details: Block, Block
Construction Materials: Aluminum Siding
Levels: One

Around this home

Schools

K - 12
Preschool & daycare

Rousseau McClellan School 91

Public PreK-5 • Assigned • 0.3mi

5/10

Avondale Meadows Middle School

Charter 5-8 • Assigned • 1.4mi

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

4/10 Heat Factor

7 days above 102° expected this year, 18 days in 30 years

2/10 Wind Factor

0% 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

$228,000 – $276,000

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Home values near 4927 Ralston Ave

Data from public records.

Address	Redfin Estimate
4945 Ralston Ave, Indianapolis, IN 3 Beds \| 2 Baths \| 2520 Sq. Ft.	$268,350
4941 Ralston Ave, Indianapolis, IN 3 Beds \| 1.5 Baths \| 1896 Sq. Ft.	$259,641
4922 Ralston Ave, Indianapolis, IN 2 Beds \| 2 Baths \| 2016 Sq. Ft.	$277,928
4911 Ralston Ave, Indianapolis, IN 2 Beds \| 1 Baths \| 864 Sq. Ft.	$226,960
4930 Ralston Ave, Indianapolis, IN 4 Beds \| 2 Baths \| 2480 Sq. Ft.	$257,012
5001 Ralston Ave, Indianapolis, IN 2 Beds \| - Baths \| 720 Sq. Ft.	$151,629
4918 Ralston Ave, Indianapolis, IN 2 Beds \| 2 Baths \| 1080 Sq. Ft.	$262,456

Address	Redfin Estimate
4907 Ralston Ave, Indianapolis, IN 2 Beds \| 1 Baths \| 1466 Sq. Ft.	$220,657
4946 Ralston Ave, Indianapolis, IN 2 Beds \| 1.5 Baths \| 1644 Sq. Ft.	$223,323
4938 Ralston Ave, Indianapolis, IN 2 Beds \| 1.5 Baths \| 1643 Sq. Ft.	$237,568
4949 Ralston Ave, Indianapolis, IN 3 Beds \| 1 Baths \| 1580 Sq. Ft.	$236,078
4915 Ralston Ave, Indianapolis, IN 2 Beds \| 1 Baths \| 1143 Sq. Ft.	—
4923 Ralston Ave, Indianapolis, IN 3 Beds \| - Baths \| 1008 Sq. Ft.	$174,239
4934 Ralston Ave Apartment 0, Indianapolis, IN - Beds \| - Baths \| - Sq. Ft.	$51,977

Address	Redfin Estimate
4929 Ralston Ave, Indianapolis, IN 2 Beds \| 2 Baths \| 1872 Sq. Ft.	$255,419
4934 Ralston Ave, Indianapolis, IN 2 Beds \| 2 Baths \| 1240 Sq. Ft.	$229,804
4926 Ralston Ave, Indianapolis, IN 2 Beds \| 1 Baths \| 1254 Sq. Ft.	$218,799
4942 Ralston Ave, Indianapolis, IN 3 Beds \| 1 Baths \| 1606 Sq. Ft.	$223,093
4935 Ralston Ave, Indianapolis, IN 2 Beds \| - Baths \| 672 Sq. Ft.	$146,153
4910 Ralston Ave, Indianapolis, IN 2 Beds \| - Baths \| 888 Sq. Ft.	$158,017
4918 Kingsley Dr, Indianapolis, IN 2 Beds \| 1.5 Baths \| 1650 Sq. Ft.	$222,097

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2022. This data may not match . Learn more.

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