Welcome home to 5137 Ralston Avenue, your new updated bungalow in Midtown! This two bedroom, one bath home boasts many updated features as well as much of the original character. Enjoy morning coffee or evenings on the large covered front porch. Enter into the living room that has vaulted ceilings & original hardwood flooring. The kitchen offers crisp white cabinetry, beautiful tilework, combined butcher block and granite countertops, stainless steel appliances, center island and pantry. Two spacious bedrooms with an updated Jack & Jill bathroom complete the main. Full basement is dry with laundry and plenty of storage. Backyard is fully fenced and includes a one car garage. Other updates include plumbing, electrical, siding and windows. Located in midtown, this home is just minutes from the heart of Broad Ripple with shopping and dining as well as the Monon Trail. Book your showing today!
Single-familyProperty Type
1930Year Built
5,706 sq ftLot Size
$224Est. Price/Sq.Ft.
1 car garageParking
Listed by Nicholas Hensley• @properties
Contact: nic@atpropertiesind.com
Bought with Jerome Gordon III• F.C. Tucker Company
Welcome to this charming, updated bungalow! Home features many updates while retaining the original character. The large, covered front porch invites you through the entry that leads to the spacious living room with vaulted ceilings & original hardwood floors throughout. The kitchen offers beautiful cabinetry, granite & butcher block counters, separate pantry. Large island with counter seating. All stainless appliances included. Full bath was fully redone in 2018. Full basement offers more than enough storage. Newer 1 car garage. In 2018 home got new pex plumbing, electrical service and panel, siding, windows, water heater, fence & deck. This homes location is great. Close to the Monon Trail, Broad Ripple Park, many restaurants & grocery.
MIBOR as Distributed by MLS Grid #21637151
Jun 13, 2019
Sold
$180,000
$163/sq ft
May 20, 2019
Pending
—
May 8, 2019
Price Changed
$184,900
$167/sq ft
May 2, 2019
Listed
$189,900
$172/sq ft
MIBOR as Distributed by MLS Grid #21576065
Jul 27, 2018
Sold
$175,000
$158/sq ft
Jun 25, 2018
Pending
—
Jun 22, 2018
Listed
$179,900
$163/sq ft
MIBOR as Distributed by MLS Grid #2336412
Jul 11, 2003
Listed
$54,900
$50/sq ft
MIBOR as Distributed by MLS Grid #2253033
May 15, 2003
Listing Removed
—
Nov 15, 2002
Listed
$84,900
$77/sq ft
MIBOR as Distributed by MLS Grid #2227816
Dec 10, 2002
Listing Removed
—
Jun 14, 2002
Listed
$79,900
$72/sq ft
Public Records
Aug 30, 2001
Sold
$71,820
$65/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,329 (−46.8%)
$28,200 + $182,200
$210,400
2024
$4,375 (−1.8%)
$28,200 + $153,200
$181,400
2023
$4,457 (+75.0%)
$28,200 + $153,200
$181,400
2022
$2,547 (+14.9%)
$28,200 + $156,800
$185,000
2021
$2,217 (+9.4%)
$12,300 + $175,200
$187,500
2020
$2,027 (+4.5%)
$12,300 + $175,200
$187,500
2019
$1,941 (+129.7%)
$12,300 + $158,900
$171,200
2018
$845 (−54.9%)
$12,300 + $149,100
$161,400
2017
$1,875 (+6.3%)
$12,300 + $73,100
$85,400
2016
$1,764 (+2.4%)
$12,300 + $73,100
$85,400
2015
$1,722 (+4.6%)
$12,300 + $69,700
$82,000
2014
$1,647 (+8.6%)
$12,300 + $65,900
$78,200
2013
$1,517
$12,300 + $63,900
$76,200
Tax history for 5137 Ralston Ave
Year
Property tax
Land + Additions
Assessment*
2025
$2,329 (−46.8%)
$28,200 + $182,200
$210,400
2024
$4,375 (−1.8%)
$28,200 + $153,200
$181,400
2023
$4,457 (+75.0%)
$28,200 + $153,200
$181,400
2022
$2,547 (+14.9%)
$28,200 + $156,800
$185,000
2021
$2,217 (+9.4%)
$12,300 + $175,200
$187,500
2020
$2,027 (+4.5%)
$12,300 + $175,200
$187,500
2019
$1,941 (+129.7%)
$12,300 + $158,900
$171,200
2018
$845 (−54.9%)
$12,300 + $149,100
$161,400
2017
$1,875 (+6.3%)
$12,300 + $73,100
$85,400
2016
$1,764 (+2.4%)
$12,300 + $73,100
$85,400
2015
$1,722 (+4.6%)
$12,300 + $69,700
$82,000
2014
$1,647 (+8.6%)
$12,300 + $65,900
$78,200
2013
$1,517
$12,300 + $63,900
$76,200
*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
41 ft.
Lot depth
139 ft.
Lot size
5,698 Sq. Ft.
Year renovated
2004
Sq. Ft.
742
Year built
1930
Style
Single Family Residential
County
Marion County
APN
490707139036000801
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
Mar 8, 2019 • Active
Right of way permit-excavation
Grading
Feb 23, 2001 • Active
Project
Perform an interior remodel and fire restoration.
Remodel
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: 240
Parking Features: Detached
Garage Spaces: 1
Has Garage
Interior
Virtual Tour
Interior Sq. Ft. Information
Building Area Total: 1106
Living Area: 742
Main Level Sq. Ft.: 742
Lower/Basement Level Sq. Ft (Finished): 0
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: 1
Full Bathrooms MU: 1
Room 1 Information
Room Type: Living Room
Room Features: Hardwood
Room Dimensions: 12X15
Room Level: Main
Room 2 Information
Room Type: Kitchen
Room Dimensions: 18X12
Room Level: Main
Room 3 Information
Room Features: Hardwood
Room Dimensions: 12X10
Room Level: Main
Room 4 Information
Room Type: Bedroom 2
Room Features: Hardwood
Room Dimensions: 12X10
Room Level: Main
Other Rooms Information
Rooms Upper: 0
Rooms Main: 4
Rooms Basement: 1
# of Rooms: 5
Laundry Room Information
Laundry Features: In Basement
Basement Information
Has Basement
Basement Features: Unfinished
Heating & Cooling
Heating Information: Forced Air, Natural Gas
Interior Features
Interior Features: Breakfast Bar, Hardwood Floors, Eat-in Kitchen
Appliances: Dishwasher, Dryer, Disposal, Gas Water Heater, MicroHood, Electric Oven, Refrigerator, Washer
Areas Interior: Bath Jack-n-Jill,Laundry in Unit
Exterior
Building Information
Percent Optional Level Finished: 0
Exterior Features
Patio And Porch Features: Covered Porch
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: 0.13
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: GPS Friendly
Tax Legal Description: Bellaire L669
Public facts
Beds: 2
Baths: —
Sq. Ft.: 742
Stories: 1.0
Lot Size: 5,698 square feet
Style: Single Family Residential
Year Built: 1930
Year Renovated: 2004
County: Marion County
APN: 490707139036000801
Home facts updated by county records on Oct 19, 2026
Other
Listing Information
Attribution Contact: nic@atpropertiesind.com
Green Information
Green Certification YN: No
Direction Faces: West
Home Information
Foundation Details: Block
Construction Materials: Vinyl With Stone
Levels: One
Around this home
Schools
Rousseau McClellan School 91
Public PreK-5 • Assigned • 0.3mi
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
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)
32
18
42
27
60
40
68
49
71
54
83
67
88
71
83
65
82
59
71
49
54
40
42
28
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
$236,000 – $285,000
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