Google street view image for 727 W Ralston Rd, Indianapolis, IN 46217

OFF MARKET

$277,304

•

1.5 ba

•

1,984

sq ft

727 W Ralston Rd, Indianapolis, IN 46217

About this home

727 W Ralston Rd is a 1,984 square foot house on a 0.39 acre lot with 3 bedrooms and 1.5 bathrooms. Based on Redfin's Indianapolis data, we estimate the home's value is $277,304.

Single-familyProperty Type

1971Year Built

0.39 acresLot Size

$140Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$277,304

$1,000 since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 2.5% higher than the average sale price ($271K) of 5 comparable homes.

SOLD MAY 1, 2026
$275,000
A
3 beds2 baths1,610 sq ft
8602 Bishops Ln, Indianapolis, IN 46217
SOLD OCT 10, 2025
$317,500
B
3 beds2 baths1,932 sq ft
8540 Royal Meadow Dr, Indianapolis, IN 46217
SOLD APR 1, 2026
$260,000
C
3 beds2 baths1,738 sq ft
8405 Bishops Ln, Indianapolis, IN 46217
SOLD FEB 19, 2026
$285,000
D
3 beds2 baths1,675 sq ft
8135 Bishops Ln, Indianapolis, IN 46217
SOLD JUN 26, 2026
$215,000
E
3 beds2 baths1,672 sq ft
8426 Mandan Ct, Indianapolis, IN 46217

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Earn from this home

Sell

$259,302

Est. take-home

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Rent

$1,787/mo

Redfin rental estimate

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Market trends in 46217, IN

Last updated July 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

98.4%

0.0% MoM

Median sale price

$257K

$1K MoM

Avg. days on market

20d

5 days MoM

Recently sold homes

153

22 MoM

New listings for sale

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NEW 6 HRS AGO
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5210 S Illinois St, Indianapolis, IN 46217
NEW 9 HRS AGO
$250,000
4 beds2 baths1,867 sq ft
615 W Stop 11 Rd, Indianapolis, IN 46217
NEW 26 HRS AGO
$255,000
3 beds2 baths2,343 sq ft
7311 Chimney Rock Ct, Indianapolis, IN 46217
$230,000
4 beds2.5 baths1,990 sq ft
5305 Bluff View Dr, Indianapolis, IN 46217
(708) 560-1282
$262,500
2 beds2 baths1,560 sq ft
8465 Bluff Rd, Indianapolis, IN 46217
$262,500
2 beds2 baths1,560 sq ft
8445 Bluff Rd, Indianapolis, IN 46217
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3 beds1 bath1,064 sq ft
8933 Rock Island Ct, Indianapolis, IN 46217
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4 beds1.5 baths1,625 sq ft
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See all

Provided by Redfin

Sale history for 727 W Ralston Rd

As the MLS and public records start to fill up, we'll list the details here.

Year

Property tax

Land + Additions

Assessment*

2025

$3,319 (−7.8%)

$35,800 + $236,400

$272,200

2024

$3,602 (+7.6%)

$35,800 + $235,500

$271,300

2023

$3,349 (+7.4%)

$35,800 + $235,500

$271,300

2022

$3,118 (+10.5%)

$35,800 + $219,100

$254,900

2021

$2,821 (+10.2%)

$35,800 + $172,800

$208,600

2020

$2,561 (+16.5%)

$35,800 + $172,800

$208,600

2019

$2,198 (+1.8%)

$35,800 + $153,200

$189,000

2018

$2,160

$30,900 + $131,500

$162,400

2017

$2,159 (−0.5%)

$30,900 + $130,300

$161,200

2016

$2,169 (+13.0%)

$30,900 + $130,300

$161,200

2015

$1,919 (+9.1%)

$30,900 + $131,100

$162,000

2014

$1,759 (+1.5%)

$30,900 + $125,300

$156,200

2013

$1,733

$30,900 + $118,400

$149,300

Tax history for 727 W Ralston Rd

Year

Property tax

Land + Additions

Assessment*

2025

$3,319 (−7.8%)

$35,800 + $236,400

$272,200

2024

$3,602 (+7.6%)

$35,800 + $235,500

$271,300

2023

$3,349 (+7.4%)

$35,800 + $235,500

$271,300

2022

$3,118 (+10.5%)

$35,800 + $219,100

$254,900

2021

$2,821 (+10.2%)

$35,800 + $172,800

$208,600

2020

$2,561 (+16.5%)

$35,800 + $172,800

$208,600

2019

$2,198 (+1.8%)

$35,800 + $153,200

$189,000

2018

$2,160

$30,900 + $131,500

$162,400

2017

$2,159 (−0.5%)

$30,900 + $130,300

$161,200

2016

$2,169 (+13.0%)

$30,900 + $130,300

$161,200

2015

$1,919 (+9.1%)

$30,900 + $131,100

$162,000

2014

$1,759 (+1.5%)

$30,900 + $125,300

$156,200

2013

$1,733

$30,900 + $118,400

$149,300

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning and permits

Zoning
Permits

METRO

AIRSPACE SECONDARY ZONING DISTRICT

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

Metro Context Area
Airspace Secondary Zoning District

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

Apr 2, 2022 • Final

Heating & cooling - 1-2 family

Remove and replace the air conditioning unit, coil, and gas furnace.

HVAC

Oct 15, 2021 • Final

Structural - one or two family

ADU

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

Interior

Bathroom Information
# of Full Baths: 1
# of 1/2 Baths: 1
# of Bathroom Fixtures: 10

Heating & Cooling
Air Conditioning Type: Central
Heating Type: Warm Air

Fireplace Information
# of Fireplaces: 1
Fireplace Type: Masonry
Has Fireplace

Room Information
# of Rooms: 9

Exterior

Exterior Information
Physical Condition: Average
Construction Type: Masonry
Building Type: Single Family

Property Information
Subdivision Name: HILL VALLEY ESTATES
Living Sq. Ft: 1,984
Adjusted Gross Sq. Ft: 1,984
Ground Floor Sq. Ft: 1,984
Building Sq. Ft: 2,513
# of Stories: 1
Legal Description: HILL VALLEY ESTATES 17TH SEC L912

Parking & Garage Information
# of Parking Spaces: 1
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 529
Garage / Carport Type: Attached

Lot Information
# of Buildings: 1
Land Sq. Ft: 16,945
Legal Lot Number: 912
Municipality Name: PERRY, OUTSIDE
Acres: 0.389
Depth Footage: 121
Front Footage: 140
County Use Description: ONE FAMILY DWLG ON PLAT LOT

Location Information
Parcel Location Influence: Extra Front

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 3
Baths: 1.5
Sq. Ft.: 1,984
Stories: 1.0
Lot Size: 0.39 acres
Style: Single Family Residential
Year Built: 1971
Year Renovated: 1971
County: Marion County
APN: 491423112035000500

Home facts updated by county records on Jul 29, 2026

Around this home

Schools
Places
Transit

Perry Meridian 6th Grade Academy

Public 6 • Assigned • 0.9mi

7/10

Perry Meridian High School

Public 9-12 • Assigned • 0.6mi

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)

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

$264,000 – $319,000

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Home values near 727 W Ralston Rd

Data from public records.

Address	Redfin Estimate
748 West Ralston Rd, Indianapolis, IN 3 Beds \| 2 Baths \| 1732 Sq. Ft.	$285,430
718 West Ralston Rd, Indianapolis, IN 3 Beds \| 1.5 Baths \| 2080 Sq. Ft.	$316,406

Address	Redfin Estimate
820 West Ralston Rd, Indianapolis, IN 4 Beds \| - Baths \| 2505 Sq. Ft.	$334,142
749 West Ralston Rd, Indianapolis, IN 4 Beds \| 1 Baths \| 2294 Sq. Ft.	$284,992

Address	Redfin Estimate
728 West Ralston Rd, Indianapolis, IN 4 Beds \| 1 Baths \| 2326 Sq. Ft.	$330,826
708 West Ralston Rd, Indianapolis, IN 3 Beds \| 1 Baths \| 1804 Sq. Ft.	$263,642

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