550 W Ralston Rd is a 2,642 square foot house on a 0.32 acre lot with 4 bedrooms and 1.5 bathrooms. Based on Redfin's Indianapolis data, we estimate the home's value is $381,083.
Single-familyProperty Type
1987Year Built
0.32 acresLot Size
$144Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$381,083
$1,000 since July
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 18.9% higher than the average sale price ($320K) 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
$5,605 (−5.2%)
$30,600 + $414,100
$444,700
2024
$5,913 (+7.1%)
$30,600 + $411,600
$442,200
2023
$5,519 (+5.1%)
$30,600 + $411,600
$442,200
2022
$5,250 (+19.1%)
$30,600 + $382,900
$413,500
2021
$4,409 (+10.9%)
$30,600 + $288,000
$318,600
2020
$3,975 (+16.3%)
$30,600 + $288,000
$318,600
2019
$3,419 (+1.8%)
$30,600 + $255,500
$286,100
2018
$3,357 (−1.8%)
$26,400 + $219,200
$245,600
2017
$3,419 (+6.3%)
$26,400 + $222,100
$248,500
2016
$3,215 (+12.5%)
$26,400 + $222,100
$248,500
2015
$2,857 (+8.9%)
$26,400 + $207,500
$233,900
2014
$2,624 (+1.6%)
$26,400 + $198,200
$224,600
2013
$2,583
$26,400 + $189,100
$215,500
Tax history for 550 W Ralston Rd
Year
Property tax
Land + Additions
Assessment*
2025
$5,605 (−5.2%)
$30,600 + $414,100
$444,700
2024
$5,913 (+7.1%)
$30,600 + $411,600
$442,200
2023
$5,519 (+5.1%)
$30,600 + $411,600
$442,200
2022
$5,250 (+19.1%)
$30,600 + $382,900
$413,500
2021
$4,409 (+10.9%)
$30,600 + $288,000
$318,600
2020
$3,975 (+16.3%)
$30,600 + $288,000
$318,600
2019
$3,419 (+1.8%)
$30,600 + $255,500
$286,100
2018
$3,357 (−1.8%)
$26,400 + $219,200
$245,600
2017
$3,419 (+6.3%)
$26,400 + $222,100
$248,500
2016
$3,215 (+12.5%)
$26,400 + $222,100
$248,500
2015
$2,857 (+8.9%)
$26,400 + $207,500
$233,900
2014
$2,624 (+1.6%)
$26,400 + $198,200
$224,600
2013
$2,583
$26,400 + $189,100
$215,500
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
D3
AIRSPACE SECONDARY ZONING DISTRICT
METRO
Dwelling District Three
The D-3 District provides for low or medium intensity residential development. Land in this District should have good thoroughfare access, be relatively flat in topography, and be afforded pedestrian linkages to community and neighborhood services and facilities (schools, parks, shopping areas, etc.). Recreational facilities developed for the neighborhood complement the treed yards on the individual lots. Predominantly single-family detached dwellings are envisioned with two-family dwellings on corner lots in this District. The D-3 District has a typical density of 2.6 units per gross acre. This District fulfills the low density residential classification of the Comprehensive General Land Use Plan. All public utilities and facilities must be present. Development plans, which may include the use of clustering, should incorporate and promote environmental and aesthetic considerations, working within the constraints and advantages presented by existing site considerations, including vegetation, topography, drainage and wildlife.
Zone overlays
Airspace Secondary Zoning District
Metro 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
Interior
Basement Information
Basement Sq. Ft: 1,001
Basement Type: Partial
Bathroom Information
# of Full Baths: 1
# of 1/2 Baths: 1
# of Bathroom Fixtures: 11
Heating & Cooling
Air Conditioning Type: Central
Heating Type: Warm Air
Fireplace Information
# of Fireplaces: 1
Fireplace Type: Masonry
Has Fireplace
Room Information
# of Rooms: 11
Exterior
Exterior Information
Physical Condition: Average
Construction Type: Masonry
Building Type: Single Family
Property Information
Subdivision Name: HILL VALLEY ESTATES
Living Sq. Ft: 2,642
Adjusted Gross Sq. Ft: 4,978
Ground Floor Sq. Ft: 2,203
Building Sq. Ft: 5,578
# of Stories: 1
Legal Description: HILL VALLEY ESTATES 18TH SEC L753
Parking & Garage Information
# of Parking Spaces: 1
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 600
Garage / Carport Type: Attached
Lot Information
# of Buildings: 1
Land Sq. Ft: 13,983
Legal Lot Number: 753
Municipality Name: PERRY, OUTSIDE
Acres: 0.321
Depth Footage: 140
Front Footage: 100
County Use Description: ONE FAMILY DWLG ON PLAT LOT
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 4
Baths: 1.5
Sq. Ft.: 2,642
Stories: 1.0
Lot Size: 0.32 acres
Style: Single Family Residential
Year Built: 1987
Year Renovated: 1987
County: Marion County
APN: 491423116013000500
Home facts updated by county records on Jul 29, 2026
Around this home
Schools
Places
Transit
Perry Meridian 6th Grade Academy
Public 6 • Assigned • 0.8mi
7/10
Perry Meridian High School
Public 9-12 • Assigned • 0.5mi
9/10
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 102° expected this year, 19 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
2/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Indianapolis, IN • 46217
Average low and high temperatures (°F)
33
18
43
26
62
40
69
48
72
54
83
66
88
72
84
66
82
60
71
49
54
39
42
28
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
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
$363,000 – $439,000
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