514 Ransom St is a 952 square foot house on a 7,710 square foot lot with 3 bedrooms. Based on Redfin's Indianapolis data, we estimate the home's value is $195,796.
Single-familyProperty Type
1957Year Built
7,710 sq ftLot Size
$206Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$195,796
$9,000 since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 11.9% higher than the average sale price ($175K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$3,465 (+57.5%)
$14,400 + $129,100
$143,500
2024
$2,199 (+3.0%)
$14,400 + $74,500
$88,900
2023
$2,135 (+553.1%)
$14,400 + $74,500
$88,900
2022
$327 (+225.3%)
$14,400 + $71,900
$86,300
2021
$100 (+21.9%)
$4,200 + $51,800
$56,000
2020
$82 (−28.4%)
$4,200 + $51,800
$56,000
2019
$115 (+15.0%)
$4,200 + $48,300
$52,500
2018
$100 (+29.9%)
$4,200 + $48,300
$52,500
2017
$77 (+2.7%)
$4,200 + $42,300
$46,500
2016
$75
$4,200 + $42,300
$46,500
Tax history for 514 Ransom St
Year
Property tax
Land + Additions
Assessment*
2025
$3,465 (+57.5%)
$14,400 + $129,100
$143,500
2024
$2,199 (+3.0%)
$14,400 + $74,500
$88,900
2023
$2,135 (+553.1%)
$14,400 + $74,500
$88,900
2022
$327 (+225.3%)
$14,400 + $71,900
$86,300
2021
$100 (+21.9%)
$4,200 + $51,800
$56,000
2020
$82 (−28.4%)
$4,200 + $51,800
$56,000
2019
$115 (+15.0%)
$4,200 + $48,300
$52,500
2018
$100 (+29.9%)
$4,200 + $48,300
$52,500
2017
$77 (+2.7%)
$4,200 + $42,300
$46,500
2016
$75
$4,200 + $42,300
$46,500
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
Permits
D8
AIRSPACE SECONDARY ZONING DISTRICT
COMPACT
Dwelling District Eight
The D-8 district is intended for a variety of housing formats, with a mix of small-scale multi-unit building types. This district can be used as a part of new mixed-use areas, or for infill situations in established urban areas, including medium and high-density residential recommendations of the Comprehensive Plan, and the Traditional Neighborhood, City Neighborhood, and Village or Urban Mixed-Use Typologies of
the Land Use Pattern Book.
Zone overlays
Airspace Secondary Zoning District
Compact Context Area
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Multiple units
Park & open space
Oct 10, 2025 • Final
Plumbing - 1-2 family
Rough in new water lines and drains for a bathroom, laundry, and kitchen sink. Install new piping from the main line and connect to the existing drain system, including a sewer stack reconnection and potential roof vent installation. Saw cut concrete for trenching.
Plumbing
Jul 12, 2024 • Final
Electrical - 1-2 family
Install a new electrical service.
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
Interior
Heating & Cooling
Air Conditioning Type: Central
Heating Type: Warm Air
Room Information
# of Rooms: 6
Exterior
Exterior Information
Physical Condition: Fair
Construction Type: Masonry
Building Type: Single Family
Property Information
Subdivision Name: INDIANAPOLIS FALL CREEK ADD SEC 5
Living Sq. Ft: 952
Adjusted Gross Sq. Ft: 952
Ground Floor Sq. Ft: 952
Building Sq. Ft: 1,336
# of Stories: 1
Legal Description: INDPLS FALL CREEK 5TH SEC L1
Parking & Garage Information
# of Parking Spaces: 1
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 384
Garage / Carport Type: Attached
Lot Information
# of Buildings: 1
Land Sq. Ft: 7,710
Legal Lot Number: 1
Municipality Name: INDIANPOLIS,CENTER
Acres: 0.177
Depth Footage: 110
Front Footage: 70
County Use Description: ONE FAMILY DWLG ON PLAT LOT
Location Information
Parcel Location Influence: Extra Front
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 3
Baths: —
Sq. Ft.: 952
Stories: 1.0
Lot Size: 7,710 square feet
Style: Single Family Residential
Year Built: 1957
Year Renovated: 1976
County: Marion County
APN: 490635122005000101
Home facts updated by county records on Jul 29, 2026
Around this home
Schools
George Washington Carver School 87
Public PreK-5 • Assigned • 1.1mi
3/10
Global Preparatory Academy
Charter K-8 • Assigned • 1.0mi
4/10
Crispus Attucks Medical Magnet High School (9-12)
Public 9-12 • Assigned • 0.2mi
4/10
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 101° expected this year, 19 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 • 46202
Average low and high temperatures (°F)
32
18
42
26
60
40
68
49
71
54
83
66
88
72
83
65
82
60
70
49
54
39
42
28
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
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Oct
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Dec
Sun exposure
In this area, properties receive around 9.6 hours in
June and 3.3 hours in December, placing it below the
U.S. average for solar exposure.
9.6 hrs
3.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$187,000 – $226,000
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