#22034325, Dana Holt, Listing office: Keller Williams Indpls Metro N
4535 Ralston Ave Indianapolis, IN 46205
Property details
About 4535 Ralston Ave
Here's your chance to expand your portfolio with this charming 2-bedroom, 1-bathroom single-family home located in the vibrant SoBro neighborhood. With a wave of investment happening in the area, now is the perfect time to secure a property in this thriving community. The home is currently occupied by a tenant on a month-to-month lease, paying $1,175/month, while the market rent potential stands at $1,650/month. The property features several updates, including a newer A/C unit, roof, fresh paint, updated light fixtures, modern appliances, and a renovated kitchen and bathroom, ensuring it's appealing to tenants and low-maintenance for landlords. Situated in a convenient north side location, this home offers easy access to everything Indianapolis has to offer. It's close to schools, parks, and shopping, and provides easy connectivity to the Monon Trail, Redline, and Fairgrounds. Major roads such as N College Ave, N Keystone Ave, 38th St, and Fall Creek Pkwy are nearby, making commutes throughout Indy a breeze. Please note, this single-family home is part of a larger investment portfolio which includes 16 properties in total: 11 duplexes, 3 single-family homes, and 2 vacant lots. It cannot be purchased individually. This is a unique opportunity to own a substantial and diverse portfolio in a dynamic and rapidly developing neighborhood. Seize the opportunity to invest in SoBro and elevate your real estate holdings with this exceptional property!
Highlights
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 1
- Appliances: Electric Oven, Refrigerator
- Basement: Yes
- Interior: Wood Work Painted
- Total Bedroom Count: 2
- Architectural Style: Bungalow
- Heating: Natural Gas
- Cooling: Central Air
- List Price: $175,000
- Price/SqFt: $95
- Annual Tax Amount: $2,761
- Tax Year: 2023
- Directions: GPS Friendly
- Year Built: 1950
- Living Area: 1,828 SqFt
- Lot Size: 0.13 Acres
- MLS Number: 22038829
- MLS Name: MIBOR
- Office Name: Compass Indiana, LLC
- Listing Agent: Andy Tresize
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
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Price information
Property sales
Date | Event | Price |
---|---|---|
Oct 18, 2010 | Home Sold | $10,100 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $116,400 | $2,761 |
2022 | $106,900 | $2,523 |
2021 | $82,500 | $1,755 |
2020 | $75,800 | $1,740 |
2019 | $70,300 | $776 |
2018 | $29,300 | $607 |
2017 | $25,000 | $530 |
History based on county public records data.
Nearby schools
4
Ace Preparatory Academy
Public Charter KG-5
0.8 mi
•5326 Hillside Ave
2
Tindley Genesis Academy
Public Charter KG-6
1.0 mi
•4020 Meadows Pkwy
3
Avondale Meadows Academy
Public Charter KG-5
1.2 mi
•3980 Meadows Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $31,071. Most Indianapolis, IN residents have annual incomes less than $<35k. The majority of families are single, no kids. Residents of this area typically have high school diploma education.
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Frequently asked questions
About 4535 Ralston Ave
The listing price of 4535 Ralston Ave property is $175,000.
The property 4535 Ralston Ave is a house located in Indianapolis, Indiana, 46205.
Active Listing: 4535 Ralston Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 4535 Ralston Ave are: Ace Preparatory Academy (GreatSchools Rating 4/10), Tindley Genesis Academy (GreatSchools Rating 2/10), Avondale Meadows Academy (GreatSchools Rating 3/10), Rousseau McClellan Montessori School 91 (GreatSchools Rating 5/10), IPS Butler University Laboratory School 55 (GreatSchools Rating 2/10), Center For Inquiry School 70 (GreatSchools Rating 5/10), Charles a Tindley Accelerated School (GreatSchools Rating 4/10), Shortridge High School (GreatSchools Rating 2/10), Purdue Polytechnic High School North (GreatSchools Rating 3/10).
According to the records, the last property tax for 2023 is $2,761 (source: MLS/based on county public records data).
The last sale was on October 18, 2010 for $10,100 (source: MLS/tax record).
The property at 4535 Ralston Ave has 2 bedrooms and 1 full and 1 half bathrooms.
The property 4535 Ralston Ave is 1,828 SqFt (source: MLS/tax record).
The year of construction for 4535 Ralston Ave is 1950.
This home is located at 4535 Ralston Ave in Indianapolis, IN and zip code 46205 in the Fairgrounds neighborhood. This 1,828 square foot home, which was built in 1950, sits on a 0.13 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 16, 2025 and is currently priced at $175,000.
In June 2025 more than 266 listings in Indianapolis, IN were sold above the asking price. During the same period more than 276 listings were sold at asking price, while more than 527 were sold below. In June 2025 in Indianapolis, IN there were 0.2% less homes for sale than in May. While the average time on the market in June 2025 was 31 days, the median list price was $251,183.