This home's estimate is 11.1% higher than the average sale price ($257K) of 6 comparable homes.
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5220 N Ralston Ave, Indianapolis, IN 46220
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About this home
BACK ON MARKET DUE TO VA FINANCING ISSUE - NOTHING TO DO WITH PROPERTY CONDITION OR APPRAISAL! Adorable and turn-key 2 bedroom/1 bath bungalow on wide street in desirable South Broad Ripple! Light and bright, open floor plan features "to the studs" kitchen renovation with brand new SS appliance package (pictures do not show the new, space saving counter-depth refrigerator), butcher block countertops, new cabinetry, fixtures and lighting. Bathroom has been fully renovated with new fixtures, vanity and tile flooring. You will love the original and professionally refinished hardwood floors, newer windows and all new paint inside and out. Basement is freshly painted and ready to be transformed into great, usable space. Mechanical improvements include updated wiring, new lighting, electrical box, meter and weather-head. Updated plumbing, new water heater and sump pump. Furnace and A/C have been serviced and in working condition (see licensed HVAC contractor receipt in documents). Don't miss the brand new gravel driveway, new rear deck, and side porch with pergola for your morning coffee. Friendly, walkable neighborhood in SoBro close to the Monon Trail, 54th Street shops, restaurants and more!
Redfin Estimate
Market trends in 46220, IN
Last updated August 2026
Buyer's Market
Seller's Market
Seller's market
0.0% MoM
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Est. $990 per month, based on comparable rentals
Sale and tax history for 5220 N Ralston Ave
- Sale History
- Tax History
$161/sq ft
$162/sq ft
Public record
- Public record
- Zoning
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.- Compact Context Area
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: 240
- Parking Features: Detached
- Garage Spaces: 1
- Has Garage
Interior
- Interior Sq. Ft. Information
- Building Area Total: 1640
- Living Area: 820
- Main Level Sq. Ft.: 820
- Upper Level Sq. Ft.: 0
- 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: Dining Room
- Room Dimensions: 10X9
- Room Level: Main
- Room 2 Information
- Room Type: Kitchen
- Room Dimensions: 10X8
- Room Level: Main
- Room 3 Information
- Room Dimensions: 13X10
- Room Level: Main
- Room 4 Information
- Room Type: Bedroom 2
- Room Dimensions: 10X10
- Room Level: Main
- Room 5 Information
- Room Type: Living Room
- Room Dimensions: 15X13
- Room Level: Main
- Other Rooms Information
- Rooms Upper: 0
- Rooms Main: 5
- Rooms Basement: 0
- # of Rooms: 5
- Laundry Room Information
- Laundry Features: In Basement
- Basement Information
- Has Basement
- Basement Features: Full, Unfinished
- Heating & Cooling
- Heating Information: Forced Air, Natural Gas
- Cooling Information: Central Air
- Interior Features
- Interior Features: Attic Access, Built-in Features, Hardwood Floors
- Appliances: Dishwasher, Disposal, Microwave, Electric Oven, Refrigerator, Water Heater
- Areas Interior: Bedroom Other on Main
Exterior
- Building Information
- Percent Optional Level Finished: 0
- Exterior Features
- Patio And Porch Features: Deck, 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: 0.15
Utilities
- Utility Information
- Utility Prim Sewage Disp: Municipal Sewer Connected
- Water Source: Public
- Electric: 100 Amp Service
- Utilities: Cable Available
- Solid Waste Information: Yes
Location
- School Information
- High School District: Indianapolis Public Schools
- Location Information
- Directions: GPS Friendly
- Tax Legal Description: Colonial Manor L83
Public facts
- Beds: 2
- Baths: —
- Sq. Ft.: 820
- Stories: 1.0
- Lot Size: 6,490 square feet
- Style: Single Family Residential
- Year Built: 1951
- Year Renovated: 1960
- County: Marion County
- APN: 490707134073000801
Other
- Home Information
- Foundation Details: Block
- Construction Materials: Aluminum Siding, Wood Siding
- Levels: One
Around this home
Schools
Public PreK-5 • Assigned • 0.2mi
Charter 9-12 • Assigned • 1.4mi
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 102° expected this year, 18 days in 30 years
0% chance of strong winds in next 30 years
5 unhealthy days expected this year, 7 days in 30 years
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.
Nearby similar homes
New listings for sale in 46220
Home values near 5220 N Ralston Ave
| Address | Redfin Estimate |
|---|---|
3 Beds | 1 Baths | 1716 Sq. Ft. | $290,088 |
2 Beds | 1 Baths | 1690 Sq. Ft. | $260,064 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 1 Baths | 848 Sq. Ft. | $225,053 |
2 Beds | 1 Baths | 1624 Sq. Ft. | $242,794 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 1 Baths | 1716 Sq. Ft. | $286,705 |
2 Beds | 2 Baths | 1610 Sq. Ft. | $269,728 |
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