OFF MARKET

Off market aug 2024 for $238K

$240,633

Est. refi paymentEst. refi $794/mo

•

1,643

sq ft

4938 Ralston Ave, Indianapolis, IN 46205

About this home

Discover the irresistible charm and character of this lovely 2-bed, 1.5-bath bungalow-style home in South Broad Ripple. As you enter through the cozy sunroom, you'll be greeted by an abundance of natural light from the many windows. The allure of the home is complemented by the presence of hardwood floors and built-in shelves and drawers, adding to its overall charm. Downstairs, the finished basement provides an excellent entertainment space with a wet bar and a convenient half bath. Outside, enjoy the single-car garage, additional carport, and new fence!

Single-familyProperty Type

1924Year Built

4,835 sq ftLot Size

$146Est. Price/Sq.Ft.

1 car garageParking

Listed by Mike Feldman • Compass Indiana, LLC

Contact: mike.feldman@compass.com

Bought with Alex Montagano • eXp Realty, LLC

Bought with Daniel Hubbard • eXp Realty, LLC

Redfin checked: 2 minutes ago

•Source:MIBOR as Distributed by MLS Grid #21987599

Redfin Estimate

$240,633

$2,633 since sold in August 2024$6,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 3.6% lower than the average sale price ($250K) of 6 comparable homes.

SOLD SEP 3, 2026
$227,030
A
2 beds2 baths1,728 sq ft
5176 Primrose Ave, Indianapolis, IN 46205
SOLD SEP 3, 2026
$222,000
B
2 beds1 bath1,536 sq ft
4715 Rosslyn Ave, Indianapolis, IN 46205
SOLD AUG 4, 2026
$252,000
C
2 beds1 bath1,752 sq ft
4915 Evanston Ave, Indianapolis, IN 46205
SOLD AUG 28, 2026
$250,000
D
2 beds2 baths1,296 sq ft
4621 Crittenden Ave, Indianapolis, IN 46205
SOLD JUL 27, 2026
$240,000
E
2 beds1 bath1,660 sq ft
5160 Evanston Ave, Indianapolis, IN 46205
SOLD JUN 29, 2026
$307,000
F
2 beds1 bath1,224 sq ft
5018 Primrose Ave, Indianapolis, IN 46205

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Sell

$41,736

Est. take-home

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Refinance

Est. cash available

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Rent

$1,431/mo

Redfin rental estimate

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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

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NEW 20 HRS AGO
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3D WALKTHROUGH
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See all

Provided by Redfin

Sale history for 4938 Ralston Ave

Date

Event

Price

MIBOR as Distributed by MLS Grid #21987599

Aug 1, 2024

Sold

$238,000

$145/sq ft

Jun 29, 2024

Pending

—

Jun 28, 2024

Listed

$230,000

$140/sq ft

MIBOR as Distributed by MLS Grid #21796634

Aug 9, 2021

Sold

$188,000

$114/sq ft

Jul 8, 2021

Pending

—

Jul 2, 2021

Listed

$186,000

$113/sq ft

+20

Charm & character galore in this beautiful 2 bed 1.5 bath bungalow style home in the heart of South Broad Ripple. Once you come in from your quaint sunroom, you’re met with real hardwood floors throughout, complimented with lots of light from plentiful windows. Enjoy the built in shelves and drawers that add to the uniqueness of this wonderful home. A traditional kitchen carries with it a modern decor that gives you the best of both worlds. Find your way downstairs where the finished basement provides great entertaining space with a wet bar and a half bath! Don’t forget that outside you have more great space with your single car garage and additional carport. Near impossible to find all of these great features in one home at a great price!

MIBOR as Distributed by MLS Grid #21598925

Nov 8, 2018

Sold

$156,500

$95/sq ft

Oct 9, 2018

Pending

—

Oct 3, 2018

Listed

$149,900

$91/sq ft

+25

Loads of charm in this 1920s Bungalow! Enjoy your morning coffee on the screened/glass enclosed patio. Hardwoods fill the main level along with tons of natural light through mostly NEWER Windows. Open Living & Dining space boast quaint built-in bookshelves & updated fixtures. Bedrooms have nice size closets - incl. 2 closets in the Master! Original details in the bright full bath that has a free standing tub w/shower. Show your personality on the Kitchen's chalkboard backsplash. Dual breakfast bars & gas range! Dream basement has finished Bonus Room, expansive bar incl. wet bar & fridge, loads of storage space & half bath. Relax in your covered outdoor sanctuary w/ firepit pad. BRAND NEW HVAC! 1 YR OLD WATER HEATER! **See it today!

MIBOR as Distributed by MLS Grid #2949158

Feb 15, 2010

Listing Removed

—

Sep 28, 2009

Listed

$104,900

$64/sq ft

Public Records

Apr 4, 2002

Sold

$118,370

$72/sq ft

MIBOR as Distributed by MLS Grid #2203357

Jan 21, 2002

Listed

$93,500

$57/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$2,391 (+8.4%)

$25,500 + $186,800

$212,300

2024

$2,207 (+0.5%)

$25,500 + $153,600

$179,100

2023

$2,195 (−12.1%)

$25,500 + $153,600

$179,100

2022

$2,496 (+15.6%)

$25,500 + $153,600

$179,100

2021

$2,158 (+7.6%)

$11,200 + $168,100

$179,300

2020

$2,007 (+14.8%)

$11,200 + $168,100

$179,300

2019

$1,748 (+42.7%)

$11,200 + $155,100

$166,300

2018

$1,225 (+25.0%)

$11,200 + $132,000

$143,200

2017

$980 (+13.8%)

$11,200 + $90,700

$101,900

2016

$861 (+5.1%)

$11,200 + $90,700

$101,900

2015

$819 (+36.0%)

$11,200 + $86,500

$97,700

2014

$602 (+12.3%)

$11,200 + $82,400

$93,600

2013

$536

$11,200 + $71,700

$82,900

Tax history for 4938 Ralston Ave

Year

Property tax

Land + Additions

Assessment*

2025

$2,391 (+8.4%)

$25,500 + $186,800

$212,300

2024

$2,207 (+0.5%)

$25,500 + $153,600

$179,100

2023

$2,195 (−12.1%)

$25,500 + $153,600

$179,100

2022

$2,496 (+15.6%)

$25,500 + $153,600

$179,100

2021

$2,158 (+7.6%)

$11,200 + $168,100

$179,300

2020

$2,007 (+14.8%)

$11,200 + $168,100

$179,300

2019

$1,748 (+42.7%)

$11,200 + $155,100

$166,300

2018

$1,225 (+25.0%)

$11,200 + $132,000

$143,200

2017

$980 (+13.8%)

$11,200 + $90,700

$101,900

2016

$861 (+5.1%)

$11,200 + $90,700

$101,900

2015

$819 (+36.0%)

$11,200 + $86,500

$97,700

2014

$602 (+12.3%)

$11,200 + $82,400

$93,600

2013

$536

$11,200 + $71,700

$82,900

*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

Beds

Baths

1.5

Stories

Lot width

40 ft.

Lot depth

121 ft.

Lot size

4,961 Sq. Ft.

Year renovated

1980

Sq. Ft.

1,327

Year built

1924

Style

Single Family Residential

County

Marion County

APN

490707139165000801

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

Property details

Parking

Parking Information
Garage SqFt: 320
Garage Parking Other: Guest Street Parking,Keyless Entry
Parking Features: Detached
Garage Spaces: 1
Has Garage

Interior

Interior Sq. Ft. Information
Building Area Total: 1643
Living Area: 1643
Main Level Sq. Ft.: 827
Upper Level Sq. Ft.: 0
Lower/Basement Level Sq. Ft (Finished): 816

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

Bathroom Information
# of Full Baths (Total): 1
# of Half Baths (Total): 1
# of Full Baths (Main): 1
# of Half Baths (Basement): 1
Full Baths MU: 1
Full Bathrooms MU: 1
Primary Bathroom Description: Tub Full with Shower

Room 1 Information
Room Features: Hardwood
Room Dimensions: 14x11
Room Level: Main

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

Room 3 Information
Room Type: Living Room
Room Features: Hardwood
Room Dimensions: 15x11
Room Level: Main

Room 4 Information
Room Type: Dining Room
Room Features: Hardwood
Room Dimensions: 11x10
Room Level: Main

Room 5 Information
Room Type: Kitchen
Room Features: Hardwood
Room Dimensions: 11x8
Room Level: Main

Room 6 Information
Room Type: Laundry
Room Features: Vinyl
Room Dimensions: 09x08
Room Level: Basement

Room 7 Information
Room Type: Family Room
Room Features: Other
Room Dimensions: 20x17
Room Level: Basement

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 Ceiling, Finished, Full, Finished Walls

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

Interior Features
Interior Features: Built In Book Shelves, Hardwood Floors, Wet Bar, Windows Thermal, WoodWorkStain/Painted, Breakfast Bar
Appliances: Dryer, Disposal, Gas Water Heater, Gas Oven, Refrigerator, Washer
Areas Interior: Bath Jack-n-Jill,Bedroom Other on Main,Utility Room

Exterior

Building Information
Percent Optional Level Finished: 100

Exterior Features
Patio And Porch Features: Glass Enclosed, Screened Patio
Fence YN: Yes
Fencing: Fence Full Rear

Farm Information
Horse Amenities: None

Property Information
Property Type: Residential
Property Sub Type: Single Family Residence

Land Information
Acres: <1/4 Acre

Lot Information
Lot Size Acres: 0.11
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: Yes

Location

School Information
High School District: Indianapolis Public Schools

Location Information
Directions: GPS Friendly
Tax Legal Description: Bellaire L745

Public facts

Beds: 2
Baths: 1.5
Sq. Ft.: 1,327
Stories: 1.0
Lot Size: 4,961 square feet
Style: Single Family Residential
Year Built: 1924
Year Renovated: 1980
County: Marion County
APN: 490707139165000801

Home facts updated by county records on Jul 29, 2026

Other

Listing Information
Attribution Contact: mike.feldman@compass.com

Green Information
Green Certification YN: No

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

Around this home

Schools

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

3/10 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

$229,000 – $277,000

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Home values near 4938 Ralston Ave

Data from public records.

Address	Redfin Estimate
4945 Ralston Ave, Indianapolis, IN 3 Beds \| 2 Baths \| 2520 Sq. Ft.	$268,748
4941 Ralston Ave, Indianapolis, IN 3 Beds \| 1.5 Baths \| 1896 Sq. Ft.	$261,087

Address	Redfin Estimate
5000 Ralston Ave, Indianapolis, IN 3 Beds \| 1 Baths \| 2100 Sq. Ft.	$276,964
4946 Ralston Ave, Indianapolis, IN 2 Beds \| 1.5 Baths \| 1644 Sq. Ft.	$223,549

Address	Redfin Estimate
4929 Ralston Ave, Indianapolis, IN 2 Beds \| 2 Baths \| 1872 Sq. Ft.	$262,254
4934 Ralston Ave, Indianapolis, IN 2 Beds \| 2 Baths \| 1240 Sq. Ft.	$231,034

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2024. This data may not match . Learn more.

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