5940 Ralston Ave, Indianapolis, IN 46220

Off market mar 2019 for $265K

$387,221

•

2,624

sq ft

5940 Ralston Ave, Indianapolis, IN 46220

About this home

Charming cottage style beauty in the heart of Broad Ripple. You will fall in love at the front door with this spacious 3 bedroom, 2 full bath home on a quiet street. The tasteful updates compliment the 1940's character of the home. Pretty kitchen with white cabinetry, granite counter tops & Stainless Steel Appliances, flows nicely between dual living spaces. Cozy living room with fireplace and hardwood floors. Lovely dining room with bar area and elegant moldings. Second living space is perfect for relaxing. Lovely patio area in the backyard is perfect for entertaining. Newer roof and HVAC too! Enjoy the walkable lifestyle of Broad Ripple Village, just a few blocks from dog park, Monon, restaurants & shops.

Single-familyProperty Type

1941Year Built

6,481 sq ftLot Size

$148Est. Price/Sq.Ft.

1 car garageParking

Listed by Penny Dunn • CENTURY 21 Scheetz

Contact: pdunn@c21scheetz.com

Bought with Eduardo Nieto • Keller Williams Indy

Redfin checked: 2 minutes ago

•Source:MIBOR as Distributed by MLS Grid #21601856

Redfin Estimate

$387,221

$122K since sold in March 2019$1,000 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 1.8% higher than the average sale price ($380K) of 6 comparable homes.

SOLD OCT 30, 2026
$335,000
A
2 beds2 baths2,142 sq ft
6002 Ralston Ave, Indianapolis, IN 46220
SOLD MAY 18, 2026
$390,000
B
3 beds2 baths2,210 sq ft
6126 N Ralston Ave, Indianapolis, IN 46220
SOLD AUG 14, 2026
$367,000
C
3 beds2 baths1,854 sq ft
6140 Rosslyn Ave, Indianapolis, IN 46220
SOLD MAY 26, 2026
$380,000
D
3 beds2.5 baths2,264 sq ft
6024 Ralston Ave, Indianapolis, IN 46220
SOLD AUG 28, 2026
$425,000
E
3 beds2 baths1,936 sq ft
6108 Indianola Ave, Indianapolis, IN 46220
SOLD SEP 21, 2026
$385,000
F
2 beds2 baths2,184 sq ft
6110 Kingsley Dr, Indianapolis, IN 46220

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Earn from this home

Sell

$183,910

Est. take-home

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Rent

$1,492/mo

Redfin rental estimate

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Market trends in 46220, IN

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

98.2%

0.7% MoM

Median sale price

$366K

$10K MoM

Avg. days on market

20d

8 days MoM

Recently sold homes

175

32 MoM

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See all

Provided by Redfin

Sale history for 5940 Ralston Ave

Date

Event

Price

MIBOR as Distributed by MLS Grid #21601856

Mar 22, 2019

Sold

$265,000

$101/sq ft

Feb 20, 2019

Pending

—

Jan 19, 2019

Price Changed

$274,900

$105/sq ft

Nov 13, 2018

Price Changed

$279,900

$107/sq ft

Oct 19, 2018

Listed

$284,900

$109/sq ft

MIBOR as Distributed by MLS Grid #21501586

Oct 9, 2017

Contingent

—

Sep 21, 2017

Price Changed

$269,900

$103/sq ft

Aug 19, 2017

Price Changed

$274,900

$105/sq ft

Jul 31, 2017

Price Changed

$279,900

$107/sq ft

Jul 21, 2017

Listed

$284,900

$109/sq ft

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Year

Property tax

Land + Additions

Assessment*

2025

$8,543 (+7.8%)

$43,300 + $315,400

$358,700

2024

$7,925 (+3.2%)

$43,300 + $286,100

$329,400

2023

$7,678 (+85.7%)

$43,300 + $286,100

$329,400

2022

$4,134 (+10.8%)

$43,300 + $275,900

$319,200

2021

$3,730 (+7.5%)

$36,400 + $273,600

$310,000

2020

$3,469 (+2.1%)

$36,400 + $273,600

$310,000

2019

$3,396 (+9.5%)

$36,400 + $276,400

$312,800

2018

$3,102 (+55.6%)

$36,400 + $240,300

$276,700

2017

$1,994 (+0.9%)

$32,800 + $147,000

$179,800

2016

$1,977 (+2.6%)

$32,800 + $147,000

$179,800

2015

$1,926 (+1.5%)

$32,800 + $149,100

$181,900

2014

$1,897 (+10.7%)

$32,800 + $143,200

$176,000

2013

$1,714

$32,800 + $143,600

$176,400

Tax history for 5940 Ralston Ave

Year

Property tax

Land + Additions

Assessment*

2025

$8,543 (+7.8%)

$43,300 + $315,400

$358,700

2024

$7,925 (+3.2%)

$43,300 + $286,100

$329,400

2023

$7,678 (+85.7%)

$43,300 + $286,100

$329,400

2022

$4,134 (+10.8%)

$43,300 + $275,900

$319,200

2021

$3,730 (+7.5%)

$36,400 + $273,600

$310,000

2020

$3,469 (+2.1%)

$36,400 + $273,600

$310,000

2019

$3,396 (+9.5%)

$36,400 + $276,400

$312,800

2018

$3,102 (+55.6%)

$36,400 + $240,300

$276,700

2017

$1,994 (+0.9%)

$32,800 + $147,000

$179,800

2016

$1,977 (+2.6%)

$32,800 + $147,000

$179,800

2015

$1,926 (+1.5%)

$32,800 + $149,100

$181,900

2014

$1,897 (+10.7%)

$32,800 + $143,200

$176,000

2013

$1,714

$32,800 + $143,600

$176,400

*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

Baths

Stories

Lot width

48 ft.

Lot depth

135 ft.

Lot size

6,481

Year renovated

2020

Sq. Ft.

2,624

Year built

1941

Style

Single Family Residential

County

Marion County

APN

490706125320000801

Parking Spaces

Basement

Yes

Accessible

HOA Dues

—

Garage

Yes

Features

—

Last updated by owner on Feb 3, 2021.

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, Gravel
Garage Spaces: 1
Has Garage

Interior

Virtual Tour
Interactive Virtual Tour URL: http://5940RalstonAvenue.C21.com

Interior Sq. Ft. Information
Building Area Total: 2624
Living Area: 1410
Main Level Sq. Ft.: 1410
Lower/Basement Level Sq. Ft (Finished): 0

Bedroom Information
Primary Bedroom Description: Suite
# of Bedrooms Main: 3
Beds MU: 3
Bedrooms MU: 3

Bathroom Information
# of Full Baths (Total): 2
# of Full Baths (Main): 2
Full Baths MU: 3
Full Bathrooms MU: 2

Room 1 Information
Room Features: Hardwood
Room Dimensions: 14x11
Room Level: Main

Room 2 Information
Room Type: Kitchen
Room Dimensions: 12x08
Room Level: Main

Room 3 Information
Room Type: Dining Room
Room Features: Hardwood
Room Dimensions: 12x11
Room Level: Main

Room 4 Information
Room Type: Living Room
Room Features: Hardwood
Room Dimensions: 20x12
Room Level: Main

Room 5 Information
Room Type: Family Room
Room Features: Carpet
Room Dimensions: 19x15
Room Level: Main

Room 6 Information
Room Type: Bedroom 2
Room Features: Hardwood
Room Dimensions: 13x10
Room Level: Main

Room 7 Information
Room Type: Bedroom 3
Room Features: Hardwood
Room Dimensions: 11x10
Room Level: Main

Room 8 Information
Room Type: Bonus Room
Room Features: Other
Room Dimensions: 23x09
Room Level: Basement

Other Rooms Information
Rooms Upper: 0
Rooms Main: 7
Rooms Basement: 1
# of Rooms: 8

Laundry Room Information
Laundry Features: In Basement

Basement Information
Has Basement
Basement Features: Partial, Unfinished

Fireplace Information
# of Fireplaces: 1
Fireplace Features: Living Room, Woodburning Fireplce

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

Interior Features
Interior Features: Attic Access, Built In Book Shelves, Hardwood Floors, Screens Complete, Windows Vinyl, Windows Wood
Appliances: Dishwasher, Disposal, Electric Oven, Refrigerator, Gas Water Heater
Areas Interior: Bedroom Other on Main,Living Room Formal

Exterior

Building Information
Percent Optional Level Finished: 0-25%

Exterior Features
Patio And Porch Features: Open Patio, Porch Open
Fencing: Fence Full Rear

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: 0.1488
Lot Features: Sidewalks, Street Lights, Mature Trees

Utilities

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

Location

School Information
High School District: Indianapolis Public Schools

Location Information
Directions: Located on Ralston Avenue South of Broad Ripple Avenue and North of Kessler Blvd on the West side of Ralston.
Tax Legal Description: NORTHCLIFFE 18'S SIDE L36

Public facts

Beds: 3
Baths: 2.0
Sq. Ft.: 2,624
Stories: 1.0
Parking Spaces: 1
Basement: Yes
Accessible: No
Lot Size: 6,481 square feet
Style: Single Family Residential
Year Built: 1941
Year Renovated: 2020
County: Marion County
APN: 490706125320000801
HOA Dues: —
Garage: Yes
Features: —

Home facts updated by owner on Feb 3, 2021

Other

Listing Information
Attribution Contact: pdunn@c21scheetz.com

Green Information
Green Certification YN: No

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

Around this home

Schools

K - 12
Preschool & daycare

Merle Sidener Gifted Academy

Public 1-5 • Assigned • 0.6mi

8/10

Broad Ripple Middle School - An IB World School

Public 6-8 • Assigned • 0.5mi

3/10

Purdue Polytechnic High School North

Charter 9-12 • Assigned • 0.5mi

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, 18 days in 30 years

2/10 Wind Factor

0% chance of strong winds in next 30 years

4/10 Air Factor

4 unhealthy days expected this year, 6 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

$370,000 – $448,000

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Home values near 5940 Ralston Ave

Data from public records.

Address	Redfin Estimate
6008 Ralston Avenue, Indianapolis, IN 2 Beds \| 2 Baths \| 2253 Sq. Ft.	$328,226
5935 Ralston Avenue, Indianapolis, IN 5 Beds \| 3 Baths \| 3808 Sq. Ft.	—
5936 Ralston Avenue, Indianapolis, IN 2 Beds \| - Baths \| 1015 Sq. Ft.	$246,078
5949 Ralston Avenue, Indianapolis, IN 3 Beds \| - Baths \| 1408 Sq. Ft.	$291,095
5931 Primrose Avenue, Indianapolis, IN 2 Beds \| 1.5 Baths \| 1722 Sq. Ft.	$287,949
5933 Primrose Avenue, Indianapolis, IN 2 Beds \| 2 Baths \| 1796 Sq. Ft.	$319,292
5917 Primrose Avenue, Indianapolis, IN 3 Beds \| 2 Baths \| 2332 Sq. Ft.	$401,920

Address	Redfin Estimate
5950 Ralston Avenue, Indianapolis, IN 3 Beds \| 2.5 Baths \| 2716 Sq. Ft.	$470,290
5945 Ralston Avenue, Indianapolis, IN 3 Beds \| - Baths \| 1832 Sq. Ft.	$330,291
5930 Ralston Avenue, Indianapolis, IN 2 Beds \| - Baths \| 1043 Sq. Ft.	$227,157
6002 Ralston Avenue, Indianapolis, IN 2 Beds \| 2 Baths \| 2142 Sq. Ft.	$335,089
5939 Primrose Avenue, Indianapolis, IN 2 Beds \| 1 Baths \| 1680 Sq. Ft.	$289,271
5945 Primrose Avenue, Indianapolis, IN 2 Beds \| 1.5 Baths \| 2132 Sq. Ft.	$324,338
5927 Primrose Avenue, Indianapolis, IN 2 Beds \| - Baths \| 997 Sq. Ft.	$260,499

Address	Redfin Estimate
5920 Ralston Avenue, Indianapolis, IN 3 Beds \| 1.5 Baths \| 1664 Sq. Ft.	$307,526
5944 Ralston Avenue, Indianapolis, IN 2 Beds \| - Baths \| 974 Sq. Ft.	$308,506
5954 Ralston Avenue, Indianapolis, IN 1 Beds \| 1 Baths \| 1581 Sq. Ft.	$290,698
5920 Ralston Avenue, Indianapolis, IN 3 Beds \| - Baths \| 1664 Sq. Ft.	$335,115
5919 Primrose Avenue, Indianapolis, IN 3 Beds \| 2 Baths \| 1644 Sq. Ft.	$313,939
5941 Primrose Avenue, Indianapolis, IN 2 Beds \| - Baths \| 836 Sq. Ft.	$272,366
5949 Primrose Avenue, Indianapolis, IN 2 Beds \| - Baths \| 897 Sq. Ft.	$220,716

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

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