5111 Ralston Ave

Indianapolis, IN 46205

$420,000
Price
3
Beds
2,516 Sq. Ft.
$167 / Sq. Ft.
2,516
Sq. Ft.
$167
per Sq. Ft.

Description

Remodeled in 2023, this single-family home has much to offer, including a carriage house! The main home has 3 bedrooms, 2 full bathrooms, and a finished basement and attic making up over 2,500 sq.ft. of finished interior space. The basement consists of one of two bathrooms, a large living area in the middle, and a separate kitchen/bonus area to the side. Original hardwood floors in many areas of the main home with vinyl plank in the other areas. The carriage house has two upper-level bedrooms, a...Remodeled in 2023, this single-family home has much to offer, including a carriage house! The main home has 3 bedrooms, 2 full bathrooms, and a finished basement and attic making up over 2,500 sq.ft. of finished interior space. The basement consists of one of two bathrooms, a large living area in the middle, and a separate kitchen/bonus area to the side. Original hardwood floors in many areas of the main home with vinyl plank in the other areas. The carriage house has two upper-level bedrooms, a full bathroom, a living room, and an eat-in kitchen with laundry. Lovely concrete driveway with mature trees all around. Located just down the street from Keystone Ave and minutes away from 38th St.
  1. Listed by Marcia Souers • eXp Realty, LLC
  2. Listed by Chris Souers • eXp Realty, LLC

Property Details for 5111 Ralston Avenue

Architectural Style
Other
Subdivision Name
Bellaire
Township
Washington
LISTING UPDATED: 12/08/2025 02:25 PM

Property Details for 5111 Ralston Avenue

StatusActive
MLS #22053803
Days on Market150
Taxes$3,083 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1940
Lot Size0.13 AC / 5,662 SF
CountyMarion County

Location

Listing Courtesy of eXp Realty, LLC
Add your commute

Building Information for 5111 Ralston Avenue

Stories-Year Built1940Building Size-Lot Size0.13 AC / 5,662 SF

Payment Calculator

$2,589 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,075

Property Taxes

$514

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5111 Ralston Avenue

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46205
  • Postal Code Plus4: 1347
  • State Or Province: IN
Taxes and HOA Information
  • Attic YN: No
  • Parcel Number: 490707139091000801
  • Semi Annual Property Tax Amt: 3083
  • Tax Year: 2024
  • TaxLot: 678
School Information
  • School District: Indianapolis Public Schools
Parking
  • Garage YN: No
Property
Lot Information
  • Acreage: <1/4 Acre
  • Lot Size Square Feet: 5706.0
  • Lot Size Acres: 0.13
  • Main Level SqFt: 1400
  • New Construction: False
  • Living SqFt: 276.0
  • Sqft Total: 1676.0
  • Sq Ft Total: 2516.0
  • Year Built Numeric: 1940
  • Below Grade Finished Area: 420.0
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • DPRYN: Yes
  • Inspection Warranties: General
  • Legal Subdivision: Bellaire L678
  • Photos Count: 42
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Transaction Type: Sale
Utilities
  • Solid Waste: No
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Aluminum Siding, Block, Wood Siding
  • Exterior Features: Carriage/Guest House
  • Foundation Details: Block
  • Horse Amenities: None
Interior Features
  • Accessibility Features: No
  • Appliances: Gas Water Heater
  • Basement Description: Full
  • Basement YN: Yes
  • Cooling: Central Air
  • Eating Area: Dining Combo/Kitchen
  • Fireplaces Total: 0
  • Heating: Forced Air
  • Interior Features: Hardwood Floors
  • Levels: One and One Half
  • Additional Equipment: None
  • Room List: Kitchen, Primary Bedroom, Bedroom 2, Bedroom 3, Living Room, Bonus Room
  • Room and Features: Kitchen-Main, Primary Bedroom-Main, Bedroom 2-Main, Bedroom 3-Upper, Living Room-Main, Kitchen-Basement, Bonus Room-Basement
  • Main Level Bedrooms: 2
  • Num Bedrooms Upper: 1
  • Num Bedrooms Basement: 0
  • Rooms Basement: 2
Room Information
Room Information
  • Rooms MU: 5
  • Rooms Total MU: 5
  • Total Rooms: 7
Room 1
  • Room Level: Main
  • Room Dimensions: 20x9
  • Room Type: Kitchen
Room 2
  • Room Level: Main
  • Room Dimensions: 10x11
  • Room Type: Primary Bedroom
Room 3
  • Room Level: Main
  • Room Dimensions: 10x11
  • Room Type: Bedroom 2
Room 4
  • Room Level: Upper
  • Room Dimensions: 23x12
  • Room Type: Bedroom 3
Room 5
  • Room Level: Main
  • Room Dimensions: 14x13
  • Room Type: Living Room
Room 6
  • Room Level: Basement
  • Room Dimensions: 21x10
  • Room Type: Kitchen
Room 7
  • Room Level: Basement
  • Room Dimensions: 14x12
  • Room Type: Bonus Room
Bathrooms
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total Count: 2
  • Full Baths Basement: 1
  • Full Baths Main: 1
  • Full Baths MU: 1
  • Full Baths Upper: 0
  • Half Baths Basement: 0
  • Half Baths Main: 0
  • Half Baths MU: 0
  • Half Baths Upper: 0
Bedrooms
  • Beds MU: 3
  • Bedrooms MU: 3
  • Bedrooms Total: 3

Property History for 5111 Ralston Avenue

DateEvent & SourcePriceAppreciation
Dec 8, 2025

Price Change

MIBORMLS #22053803

$420,000—
Aug 8, 2025

Price Change

MIBORMLS #22053803

$449,000—
Jul 31, 2025

Listed (Active)

MIBORMLS #22053803

$480,000—
Sep 13, 2022

Sold (Public Record)

Public Record #1510550166

$234,900

+154.1% / yr

Sep 13, 2022

Sold

MIBORMLS #21872658

$234,900—
Sep 1, 2022

Pending

MIBORMLS #21872658

—
Aug 8, 2022

Price Change

MIBORMLS #21872658

$239,900—
Jul 21, 2022

Listed (Active)

MIBORMLS #21872658

$250,000—
Jul 12, 2022

Sold (Public Record)

Public Record #1512060681

$200,000—
Jul 12, 2022

Sold (Public Record)

Public Record #1510550167

$200,000—
DateEvent & SourcePrice
12/08/2025

Price Change

MIBORMLS #22053803

$420,000
08/08/2025

Price Change

MIBORMLS #22053803

$449,000
07/31/2025

Listed (Active)

MIBORMLS #22053803

$480,000
09/13/2022

Sold (Public Record)

Public Record #1510550166

$234,900

+154.1% / yr

09/13/2022

Sold

MIBORMLS #21872658

$234,900
09/01/2022

Pending

MIBORMLS #21872658

—
08/08/2022

Price Change

MIBORMLS #21872658

$239,900
07/21/2022

Listed (Active)

MIBORMLS #21872658

$250,000
07/12/2022

Sold (Public Record)

Public Record #1512060681

$200,000
07/12/2022

Sold (Public Record)

Public Record #1510550167

$200,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5111 Ralston Avenue

Taxable ValueLand$28,800Additions$231,000Total$259,800
Tax Record2024$6,165 ($514 / month)
Home Facts
Beds2Baths3Total Finished SqFt1,680 SqFtAbove Grade Finished SqFt1,680 SqFtStories1Lot Size5,706 SqFtStyleSingle Family ResidenceYear Built1940Year Renovated1956CountyMARIONAPN49-07-07-139-091.000-801

Schools near 5111 Ralston Avenue

This home is within Indianapolis Public Schools.
Rating
School
Type
Grades
Distance
Louis B. Russell Jr. School 48
Charter - PK to 6
Robert Lee Frost School 106
Public - PK to 6
Charles Warren Fairbanks School 105
Public - PK to 6
James Whitcomb Riley School 43
Public - PK to 8
Rating
School
Distance
Louis B. Russell Jr. School 48
CharterPK to 6

Robert Lee Frost School 106
PublicPK to 6

Charles Warren Fairbanks School 105
PublicPK to 6

James Whitcomb Riley School 43
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 5111 Ralston Avenue, Indianapolis, IN 46205

5111 Ralston Avenue is a single family home for sale in Indianapolis, IN 46205. This property was listed for sale on July 31, 2025 by eXp Realty, LLC, it's currently listed at $420,000. It has been on the market for a total of 150 days and was last sold on September 13, 2022. This listing's school district is Indianapolis Public Schools. Nearby schools include Louis B. Russell Jr. School 48, Robert Lee Frost School 106 and Charles Warren Fairbanks School 105. 5111 Ralston Avenue is a 3-bed, 2-bath, 2,516 sqft single family home built in 1940.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty, LLC

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/28/2025 01:46 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.