OFF MARKET

Off market aug 2018 for $199K

$278,831

•

1,716

sq ft

5240 Ralston Ave, Indianapolis, IN 46220

About this home

You will be charmed by this beautifully updated 3 bedroom/1 bath with finished basement in SoBro! From the welcoming front porch to the private, fenced backyard with deck, this home is perfect to entertain family and friends. The main level boasts hardwoods throughout and features a remodeled kitchen with granite counter tops, tiled backsplash, ceramic flooring and stainless steel appliances plus updated bathroom with new ceramic tile, vanity, and toilet. More entertaining space is found in the roomy, newly remodeled finished basement complete with a built-in bar and rare 3rd bedroom. The detached garage provides additional storage. Walk or bike to the Monon Trail or several restaurants and shops. Come see this rare find in Broadripple!

Single-familyProperty Type

1957Year Built

6,490 sq ftLot Size

$162Est. Price/Sq.Ft.

1 car garageParking

Listed by Rachael Burt • F.C. Tucker Company

Contact: rburt@talktotucker.com

Bought with Amanda Klotsch • Highgarden Real Estate

Redfin checked: 2 minutes ago

•Source:MIBOR as Distributed by MLS Grid #21578470

Redfin Estimate

$278,831

$79K since sold in August 2018$0 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 3.7% higher than the average sale price ($269K) of 6 comparable homes.

SOLD MAY 22, 2026
$263,900
A
2 beds1 bath1,640 sq ft
5220 N Ralston Ave, Indianapolis, IN 46220
SOLD JUN 30, 2026
$342,000
B
3 beds2 baths1,724 sq ft
5355 Rosslyn Ave, Indianapolis, IN 46220
SOLD AUG 10, 2026
$245,000
C
2 beds1 bath1,768 sq ft
5130 Hillside Ave, Indianapolis, IN 46205
SOLD JUN 5, 2026
$259,000
D
2 beds1 bath1,716 sq ft
5364 Primrose Ave, Indianapolis, IN 46220
SOLD OCT 30, 2026
$199,000
E
2 beds1 bath1,632 sq ft
5115 Norwaldo Ave, Indianapolis, IN 46205
SOLD JUL 31, 2026
$305,000
F
2 beds1 bath1,850 sq ft
5308 Rosslyn Ave, Indianapolis, IN 46220

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Sell

$127,741

Est. take-home

List your home with Redfin and save $2,788

Rent

$1,312/mo

Redfin rental estimate

List your home for rent

Market trends in 46220, IN

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

98.2%

0.1% MoM

Median sale price

$357K

$9K MoM

Avg. days on market

23d

4 days MoM

Recently sold homes

160

12 MoM

New listings for sale

NEW 26 HRS AGO
$1,995,000
4 beds3.5 baths4,102 sq ft
6428 Dawson Lake Dr, Indianapolis, IN 46220
$1,275,000
5 beds4.5 baths3,656 sq ft
5319 N New Jersey Ave N, Indianapolis, IN 46220
$614,900
5 beds4 baths3,357 sq ft
6660 Hythe Rd, Indianapolis, IN 46220
$320,000
2 beds1 bath1,984 sq ft
5621 Indianola Ave, Indianapolis, IN 46220
OPEN SAT, 11AM TO 1PM
$309,999
2 beds2 baths1,107 sq ft
2702 E 56th St, Indianapolis, IN 46220
$385,000
3 beds3 baths1,797 sq ft
911 E 55th St, Indianapolis, IN 46220
$509,900
4 beds2 baths3,708 sq ft
632 E 66th St, Indianapolis, IN 46220
3D WALKTHROUGH
$450,000
4 beds2 baths2,486 sq ft
5741 Sherman Ave, Indianapolis, IN 46220
3D WALKTHROUGH
$425,000
4 beds2.5 baths2,872 sq ft
6304 N Rural St, Indianapolis, IN 46220
OPEN SAT, 12PM TO 2PM
$340,000
2 beds1 bath2,268 sq ft
6315 N Park Ave, Indianapolis, IN 46220
See all

Provided by Redfin

Sale history for 5240 Ralston Ave

Year

Property tax

Land + Additions

Assessment*

2025

$2,985 (+1.0%)

$35,400 + $229,900

$265,300

2024

$2,955 (+2.6%)

$35,400 + $204,500

$239,900

2023

$2,880 (−11.1%)

$35,400 + $204,500

$239,900

2022

$3,240 (+12.2%)

$35,400 + $200,100

$235,500

2021

$2,887 (+10.1%)

$26,100 + $214,400

$240,500

2020

$2,624 (+3.0%)

$26,100 + $214,400

$240,500

2019

$2,547 (+40.7%)

$26,100 + $191,800

$217,900

2018

$1,810 (+8.8%)

$26,100 + $181,800

$207,900

2017

$1,664 (+8.0%)

$26,100 + $123,100

$149,200

2016

$1,540 (+5.4%)

$26,100 + $123,100

$149,200

2015

$1,461 (+2.9%)

$26,100 + $114,400

$140,500

2014

$1,420 (+6.4%)

$26,100 + $109,200

$135,300

2013

$1,334

$26,100 + $107,400

$133,500

Tax history for 5240 Ralston Ave

Year

Property tax

Land + Additions

Assessment*

2025

$2,985 (+1.0%)

$35,400 + $229,900

$265,300

2024

$2,955 (+2.6%)

$35,400 + $204,500

$239,900

2023

$2,880 (−11.1%)

$35,400 + $204,500

$239,900

2022

$3,240 (+12.2%)

$35,400 + $200,100

$235,500

2021

$2,887 (+10.1%)

$26,100 + $214,400

$240,500

2020

$2,624 (+3.0%)

$26,100 + $214,400

$240,500

2019

$2,547 (+40.7%)

$26,100 + $191,800

$217,900

2018

$1,810 (+8.8%)

$26,100 + $181,800

$207,900

2017

$1,664 (+8.0%)

$26,100 + $123,100

$149,200

2016

$1,540 (+5.4%)

$26,100 + $123,100

$149,200

2015

$1,461 (+2.9%)

$26,100 + $114,400

$140,500

2014

$1,420 (+6.4%)

$26,100 + $109,200

$135,300

2013

$1,334

$26,100 + $107,400

$133,500

*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

Baths

—

Stories

Lot width

55 ft.

Lot depth

118 ft.

Lot size

6,490 Sq. Ft.

Year renovated

1987

Sq. Ft.

1,458

Year built

1957

Style

Single Family Residential

County

Marion County

APN

490707134047000801

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
Garage Spaces: 1
Has Garage

Interior

Virtual Tour

Interior Sq. Ft. Information
Building Area Total: 1716
Living Area: 858
Main Level Sq. Ft.: 858
Upper Level Sq. Ft.: 0
Lower/Basement Level Sq. Ft (Finished): 536

Bedroom Information
# of Basement Bedrooms: 1
# 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: Hardwood
Room Dimensions: 10x12
Room Level: Main

Room 2 Information
Room Type: Bedroom 3
Room Features: Carpet
Room Dimensions: 12x14
Room Level: Basement

Room 3 Information
Room Type: Dining Room
Room Features: Hardwood
Room Dimensions: 10x11
Room Level: Main

Room 4 Information
Room Type: Kitchen
Room Dimensions: 10x7
Room Level: Main

Room 5 Information
Room Type: Living Room
Room Features: Hardwood
Room Dimensions: 12x18
Room Level: Main

Room 6 Information
Room Features: Hardwood
Room Dimensions: 14x12
Room Level: Main

Room 7 Information
Room Type: Bonus Room
Room Features: Carpet
Room Dimensions: 14x22
Room Level: Basement

Room 8 Information
Room Features: Other
Room Dimensions: 12x7
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 Walls, Sump Pump

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

Interior Features
Interior Features: Hardwood Floors, Windows Vinyl, Wood Work Painted
Appliances: Gas Cooktop, Dishwasher, Disposal, Gas Water Heater

Exterior

Building Information
Percent Optional Level Finished: 50-75%
Construction Stage: Resale

Exterior Features
Patio And Porch Features: Deck Main Level, Porch Open
Fencing: Fence Full Rear, Privacy

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

Land Information
Acres: <1/4 Acre

Lot Information
Lot Size Acres: 0.149
Lot Features: Sidewalks, Mature Trees

Utilities

Utility Information
Utility Prim Sewage Disp: Municipal Sewer Connected
Water Source: Municipal/City
Utilities: Cable Connected, Gas
Solid Waste Information: Yes

Location

School Information
High School District: Indianapolis Public Schools

Location Information
Directions: From College Avenue, turn East onto 52nd Street. Turn North onto Ralston. Home is on the left.
Tax Legal Description: COLONIAL MANOR L85

Public facts

Beds: 2
Baths: —
Sq. Ft.: 1,458
Stories: 1.0
Lot Size: 6,490 square feet
Style: Single Family Residential
Year Built: 1957
Year Renovated: 1987
County: Marion County
APN: 490707134047000801

Home facts updated by county records on Oct 19, 2026

Other

Listing Information
Attribution Contact: rburt@talktotucker.com

Green Information
Green Certification YN: No

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

Around this home

Schools

K - 12
Preschool & daycare

Eliza A. Blaker School 55

Public PreK-5 • Assigned • 0.2mi

5/10

Purdue Polytechnic High School North

Charter 9-12 • Assigned • 1.4mi

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

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 • 46220

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

$265,000 – $321,000

Reach more buyers when you sell with Redfin. Save up to $2,788 in fees. 3 minutes to get started.

Need the cash from your home fast? Sell to .

Nearby similar homes

FOR SALE BY OWNER

$289,900

3 beds— baths1,808 sq ft

5150 Caroline Ave, Indianapolis, IN 46205

Kitchen dining combo • Fenced yard • Workshop area

3D WALKTHROUGH

$385,000

3 beds2 baths2,250 sq ft

5388 Primrose Ave, Indianapolis, IN 46220

High end appliances • 7,100 sq ft lot • Garage

$264,900

3 beds2 baths1,584 sq ft

4911 Rosslyn Ave, Indianapolis, IN 46205

Off street parking • Finished basement • Upgraded cabinetry

$325,000

4 beds2.5 baths1,800 sq ft

4706 Primrose Ave, Indianapolis, IN 46205

4,835 sq ft lot • Garage • Built 2024

$214,900

2 beds1 bath1,768 sq ft

5010 Hillside Ave, Indianapolis, IN 46205

Manageable yard • Off street parking • Conveniently located

3D WALKTHROUGH

$176,000

2 beds1 bath1,143 sq ft

4915 Ralston Ave, Indianapolis, IN 46205

Quartz countertops • Fireplace • 5,576 sq ft lot

New listings for sale in 46220

NEW 26 HRS AGO

$1,995,000

4 beds3.5 baths4,102 sq ft

6428 Dawson Lake Dr, Indianapolis, IN 46220

Private retreat • Peaceful pond • Landscaped grounds

$1,275,000

5 beds4.5 baths3,656 sq ft

5319 N New Jersey Ave N, Indianapolis, IN 46220

Chef's kitchen • Dual islands • 8,262 sq ft lot

$614,900

5 beds4 baths3,357 sq ft

6660 Hythe Rd, Indianapolis, IN 46220

Hardwood flooring • Stone countertops • Spacious island

$320,000

2 beds1 bath1,984 sq ft

5621 Indianola Ave, Indianapolis, IN 46220

Updated kitchen • Finished area • Manageable yard

OPEN SAT, 11AM TO 1PMVIDEO TOUR

$309,999

2 beds2 baths1,107 sq ft

2702 E 56th St, Indianapolis, IN 46220

Fully redesigned • Renovated • Extra office space

$385,000

3 beds3 baths1,797 sq ft

911 E 55th St, Indianapolis, IN 46220

Updated kitchen • Marble countertops • Breakfast nook

$509,900

4 beds2 baths3,708 sq ft

632 E 66th St, Indianapolis, IN 46220

Hardwood floors • Built-in shelving • Abundant cabinetry

3D WALKTHROUGH

$450,000

4 beds2 baths2,486 sq ft

5741 Sherman Ave, Indianapolis, IN 46220

Covered front porch • Bay window • Gas range

3D WALKTHROUGH

$425,000

4 beds2.5 baths2,872 sq ft

6304 N Rural St, Indianapolis, IN 46220

Remodeled interior • New plumbing • New electric

Home values near 5240 Ralston Ave

Data from public records.

Address	Redfin Estimate
5280 Ralston Avenue, Indianapolis, IN 2 Beds \| 1.5 Baths \| 1740 Sq. Ft.	$255,537
5217 Ralston Avenue, Indianapolis, IN 2 Beds \| 1 Baths \| 1690 Sq. Ft.	$261,227
5223 Ralston Avenue, Indianapolis, IN 2 Beds \| - Baths \| 881 Sq. Ft.	$241,875
5230 Ralston Avenue, Indianapolis, IN 2 Beds \| - Baths \| 828 Sq. Ft.	$185,713
5237 Ralston Avenue, Indianapolis, IN 2 Beds \| 1 Baths \| 1690 Sq. Ft.	$255,904
5281 Primrose Avenue, Indianapolis, IN 2 Beds \| 1 Baths \| 1670 Sq. Ft.	$266,173
5250 Primrose Avenue, Indianapolis, IN 2 Beds \| 1 Baths \| 1646 Sq. Ft.	$293,427

Address	Redfin Estimate
5260 Ralston Avenue, Indianapolis, IN 2 Beds \| 1 Baths \| 848 Sq. Ft.	$212,077
5213 Ralston Avenue, Indianapolis, IN 2 Beds \| 1 Baths \| 1624 Sq. Ft.	$244,094
5270 Ralston Avenue, Indianapolis, IN 2 Beds \| 2 Baths \| 1700 Sq. Ft.	$291,310
5220 Ralston Avenue, Indianapolis, IN 2 Beds \| 1 Baths \| 1640 Sq. Ft.	$280,490
5227 Ralston Avenue, Indianapolis, IN 2 Beds \| - Baths \| 812 Sq. Ft.	$190,045
5240 Primrose Avenue, Indianapolis, IN 3 Beds \| 1 Baths \| 1191 Sq. Ft.	$220,920
5211 Primrose Avenue, Indianapolis, IN 3 Beds \| 2 Baths \| 1676 Sq. Ft.	$296,399

Address	Redfin Estimate
5250 Ralston Avenue, Indianapolis, IN 2 Beds \| 1 Baths \| 1716 Sq. Ft.	$277,981
5243 Ralston Avenue, Indianapolis, IN 2 Beds \| 2 Baths \| 1610 Sq. Ft.	$272,686
5223 Ralston Avenue Unit 0, Indianapolis, IN - Beds \| - Baths \| - Sq. Ft.	$164,004
5210 Ralston Avenue, Indianapolis, IN 2 Beds \| 2 Baths \| 2142 Sq. Ft.	$303,250
5260 Kingsley Drive, Indianapolis, IN 2 Beds \| - Baths \| 812 Sq. Ft.	$269,112
5231 Primrose Avenue, Indianapolis, IN 2 Beds \| 1 Baths \| 1804 Sq. Ft.	$264,959
5230 Primrose Avenue, Indianapolis, IN 2 Beds \| - Baths \| 823 Sq. Ft.	$262,638

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2018. This data may not match . Learn more.

More real estate resources

Cities
Zip Codes
Neighborhoods
Minor Civil Divisions
Popular Searches

Fishers homes for sale
Zionsville homes for sale
Carmel homes for sale

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

Redfin Brokerage Licenses

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.

46226 homes for sale
46227 homes for sale
46217 homes for sale
46237 homes for sale
46220 homes for sale

Canterbury-Chatard homes for sale
Keystone-Monon homes for sale
South Broad Ripple homes for sale
Chatard homes for sale

Franklin Township homes for sale
Pike Township homes for sale
Washington Township homes for sale
Center Township homes for sale
Perry Township homes for sale

Houses for rent in Indianapolis	Agents near me	Munster, IN homes for sale	Indianapolis Housing Market
Houses for sale near me	Indianapolis, IN homes for sale	Crown Point, IN homes for sale
Land for sale near me	Carmel, IN homes for sale	Zionsville, IN homes for sale
Open Houses near me	Fishers, IN homes for sale	Indianapolis Property Records
Condos for sale near me	Hammond, IN homes for sale	IN New Listings