Charming SoBro bungalow! BRAND NEW siding for the house and garage, and accent shake for the eaves has been ordered for installation. Main level features gorgeous original hardwood floors, fantastic updated kitchen and full bathroom, spacious living room, and 2 bedrooms. Finished basement features an additional full bath, new flooring, lots of rec room or office type space, and a separate utility/storage/laundry room. Exterior amenities include a sprawling front yard, fenced in back yard with patio area, mature trees, and lots of space to landscape or garden. New roof in 2019! This house is perfectly situated to enjoy the amenities of SoBro, Broad Ripple, The Monon Trail, downtown Indy, and so much more!
Single-familyProperty Type
1952Year Built
6,490 sq ftLot Size
$171Est. Price/Sq.Ft.
1 car garageParking
Listed by Blythe Sparks• Highgarden Real Estate
Contact: bsparks@highgarden.com
Bought with Kathryn Castro Jackson• Veridus Real Estate Services
Fantastic 2 bed & 2 full bath in a great Broad Ripple location with a finished basement and private back yard. Home has been completely remodeled. Unbelievable kitchen with gorgeous cabinets, flooring, lighting & high end appliances. Main floor possesses gleaming hardwoods, cool paint colors, and a great floor plan. Basement-thoughtfully finished with craft. Furnace, water heater & AC are newer, & a brand new sewer line for buyer peace of mind. Location and condition makes this a great buy!!
MIBOR as Distributed by MLS Grid #21343984
Jun 29, 2015
Sold
$140,000
$87/sq ft
Apr 21, 2015
Pending
—
Apr 15, 2015
Contingent
—
Apr 1, 2015
Listed
$144,900
$90/sq ft
+8
Wow. This home has been totally transformed from a nondescript SoBro yawner to a totally updated urban cottage! Move right into this adorable 2BR+2 FULL Bath+Finished basement Bungalow! Kitchen modernized! Refinished hardwoods shine!! Charm restored! This home is a premium local craft brew listed at a Coors Light price! Take a sip!!
MIBOR as Distributed by MLS Grid #21258954
Jan 17, 2014
Listing Removed
—
Jan 16, 2014
Sold
$86,000
$53/sq ft
Oct 2, 2013
Listed
$65,000
$40/sq ft
MIBOR as Distributed by MLS Grid #2814516
Aug 6, 2008
Listing Removed
—
Mar 11, 2008
Listed
$99,900
$62/sq ft
MIBOR as Distributed by MLS Grid #2638371
Jun 13, 2006
Listed
$89,950
$56/sq ft
MIBOR as Distributed by MLS Grid #2567142
May 12, 2006
Listing Removed
—
Nov 1, 2005
Listed
$109,000
$68/sq ft
MIBOR as Distributed by MLS Grid #2521469
Oct 15, 2005
Listing Removed
—
Apr 12, 2005
Listed
$111,900
$70/sq ft
MIBOR as Distributed by MLS Grid #2458159
Apr 12, 2005
Listing Removed
—
Oct 14, 2004
Listed
$121,500
$75/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,871 (+6.4%)
$35,100 + $221,800
$256,900
2024
$2,699 (+8.3%)
$35,100 + $185,600
$220,700
2023
$2,493 (−6.6%)
$35,100 + $185,600
$220,700
2022
$2,670 (+16.4%)
$35,100 + $170,300
$205,400
2021
$2,294 (+8.6%)
$25,600 + $166,900
$192,500
2020
$2,113 (+6.7%)
$25,600 + $166,900
$192,500
2019
$1,980 (+2.9%)
$25,600 + $151,300
$176,900
2018
$1,924 (+18.4%)
$25,600 + $137,700
$163,300
2017
$1,625 (+1.9%)
$25,600 + $121,400
$147,000
2016
$1,594 (+45.8%)
$25,600 + $121,400
$147,000
2015
$1,093 (−52.5%)
$25,600 + $121,400
$147,000
2014
$2,300 (+9.5%)
$25,600 + $82,700
$108,300
2013
$2,101
$25,600 + $80,800
$106,400
Tax history for 5243 Ralston Ave
Year
Property tax
Land + Additions
Assessment*
2025
$2,871 (+6.4%)
$35,100 + $221,800
$256,900
2024
$2,699 (+8.3%)
$35,100 + $185,600
$220,700
2023
$2,493 (−6.6%)
$35,100 + $185,600
$220,700
2022
$2,670 (+16.4%)
$35,100 + $170,300
$205,400
2021
$2,294 (+8.6%)
$25,600 + $166,900
$192,500
2020
$2,113 (+6.7%)
$25,600 + $166,900
$192,500
2019
$1,980 (+2.9%)
$25,600 + $151,300
$176,900
2018
$1,924 (+18.4%)
$25,600 + $137,700
$163,300
2017
$1,625 (+1.9%)
$25,600 + $121,400
$147,000
2016
$1,594 (+45.8%)
$25,600 + $121,400
$147,000
2015
$1,093 (−52.5%)
$25,600 + $121,400
$147,000
2014
$2,300 (+9.5%)
$25,600 + $82,700
$108,300
2013
$2,101
$25,600 + $80,800
$106,400
*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
2
Stories
1
Lot width
65 ft.
Lot depth
100 ft.
Lot size
6,499 Sq. Ft.
Year renovated
1975
Sq. Ft.
1,405
Year built
1952
Style
Single Family Residential
County
Marion County
APN
490707109024000801
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 29, 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 1, 1996 • Active
Heating & cooling permit-1-2 family-replacement
HVAC
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
Parking Features: Detached, Gravel
Garage Spaces: 1
Has Garage
Interior
Interior Sq. Ft. Information
Building Area Total: 1610
Living Area: 805
Main Level Sq. Ft.: 805
Upper Level Sq. Ft.: 0
Lower/Basement Level Sq. Ft (Finished): 724
Bedroom Information
# of Bedrooms Main: 2
Beds MU: 2
Bedrooms MU: 2
Bathroom Information
# of Full Baths (Total): 2
# of Full Baths (Main): 1
# of Full Baths (Basement): 1
Full Baths MU: 2
Full Bathrooms MU: 1
Room 1 Information
Room Type: Living Room
Room Features: Hardwood
Room Dimensions: 18x11
Room Level: Main
Room 2 Information
Room Features: Other
Room Dimensions: 13x14
Room Level: Basement
Room 3 Information
Room Features: Hardwood
Room Dimensions: 14x11
Room Level: Main
Room 4 Information
Room Type: Bedroom 2
Room Features: Hardwood
Room Dimensions: 10x10
Room Level: Main
Room 5 Information
Room Type: Play Room
Room Features: Carpet
Room Dimensions: 18x12
Room Level: Basement
Room 6 Information
Room Type: Kitchen
Room Dimensions: 11x11
Room Level: Main
Other Rooms Information
Rooms Upper: 0
Rooms Main: 5
Rooms Basement: 3
# of Rooms: 8
Laundry Room Information
Laundry Features: In Basement
Basement Information
Has Basement
Basement Features: Finished Ceiling, Finished, Finished Walls, Daylight/Lookout Windows
Heating & Cooling
Heating Information: Forced Air, Gas
Cooling Information: Central Electric
Interior Features
Interior Features: Hardwood Floors, Windows Vinyl
Appliances: Dishwasher, Dryer, Disposal, Gas Oven, Refrigerator, Washer, MicroHood, Gas Water Heater
Exterior
Building Information
Percent Optional Level Finished: 75+%
Exterior Features
Patio And Porch Features: Open Patio
Fencing: Partial
Property Information
Ownership Interest Types: No Assoc
Other Equipment: Smoke Alarm
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, Storm Sewer, Street Lights, Mature Trees
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: From College Ave turn east on 52nd St. Turn north on Ralston Ave. Home is on the right.
Tax Legal Description: FRAZEE HOME PLACE 2ND SEC
Public facts
Beds: 2
Baths: 2.0
Sq. Ft.: 1,405
Stories: 1.0
Lot Size: 6,499 square feet
Style: Single Family Residential
Year Built: 1952
Year Renovated: 1975
County: Marion County
APN: 490707109024000801
Home facts updated by county records on Jul 29, 2026
Other
Listing Information
Attribution Contact: bsparks@highgarden.com
Green Information
Green Certification YN: No
Home Information
Foundation Details: Block
Construction Materials: Vinyl Siding, Wood
Levels: One
Around this home
Schools
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)
32
17
42
26
60
40
68
47
71
53
83
65
88
70
83
64
82
57
71
48
54
38
41
27
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
$263,000 – $318,000
Reach more buyers when you sell with Redfin. Save up to $2,759 in fees.3 minutes to get started.