5740 Ralston Avenue Indianapolis IN 46220 (House For Sale) | MLS 22105584
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Are house prices dropping in Indianapolis?
The house prices in Indianapolis are indeed dropping at the moment. There has been a decrease in price of $11,590.12. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.
What is the housing market like in Indianapolis at this time?
The housing market and house prices in Indianapolis are going down. The average house price is $262,593.00 and the average price per square feet is $154.69 per square foot. At the moment, there are 18657 homes listed - 2889 active, 1461 pending, and 14307 sold in Indianapolis.
What is the most popular place to buy a house in Indianapolis?
The most popular place to buy a home in Indianapolis is 4910 - Marion - Center. 4910 - Marion - Center has the most properties listed and appears to have the highest demand.
What is the amount of property taxes you have to pay for a house in Indianapolis?
The average amount of property taxes you would have to pay for a home in Indianapolis is $3,545.13. Property taxes are tied to the value of the home - the more expensive the home, the higher the taxes.
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Properties in Indianapolis stay on the market for an average of 88 days. A lower number of days indicates a seller's market, while a higher number indicates a buyer's market.
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The last home listed in Indianapolis was 1333 minutes ago.
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The cost of the most expensive home in Indianapolis is $5,400,000.00. Expensive homes often come with better amenities, larger spaces, and faster appreciation.
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The cost of the cheapest home in Indianapolis is $1,000.00. Buying a cheaper home can keep payments low and leave room for customization.
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The oldest home in Indianapolis was built in 1848, and the newest in 2026.
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The average property size in Indianapolis is 2093.98 sq.ft., the largest being 13549 sq.ft., and the smallest being 200 sq.ft.
Additional Details
Property Details
Lot Dimensions:
7623
Lot Features:
Not In Subdivision, Mature Trees
Water Source:
Public
Main Level Sq. Ft.:
1, 777
Total Sq. Ft.:
1, 777
Directions:
GPS Friendly
Interior Features
Attic Access, Breakfast Bar, Paddle Fan, Hi Speed Internet Availbl, Eat In Kitchen, Wood Work Painted
Appliances
Dishwasher, Dryer, ENERGY STAR Qualified Appliances, Gas Water Heater, Microwave, Electric Oven, Range Hood, Refrigerator, Washer, Water Heater
Cool
Central Air, Other
Water Heater
Dishwasher, Dryer, ENERGY STAR Qualified Appliances, Gas Water Heater, Microwave, Electric Oven, Range Hood, Refrigerator, Washer, Water Heater
Heat
Baseboard, Electric, Forced Air, Natural Gas, Other
Total Rooms
7 Rooms
Tax and Financial Info
Semi-Annual Property Tax:
$2, 844
Tax Year:
2025
Other Disclosures:
Broker Owned, Sales Disclosure Supplements
Quick View
Address:
5740 Ralston Avenue Indianapolis IN 46220
Status:
Pending
On Site:
21 Days On Site
Price:
$349, 999
Bedrooms:
4 Beds
Bathrooms:
2 Full Baths
Sq. Feet:
1, 777
Year Built:
1952
Lot Size:
0.18
County:
Marion
Township:
Washington
MLS #:
22105584
Property Type:
Single Family Residence
Exterior Type
Vinyl Siding
Community Information
Description
Welcome to this beautifully updated 4-bedroom, 2-bath ranch in a highly sought-after area in Indianapolis, just 5 minutes from Broad Ripple's shops and restaurants and less than a mile from the Monon Trail. Renovated from top to bottom in 2022, this home combines modern updates with functional living space. The eat-in kitchen features quartz countertops, updated cabinetry, and newer appliances, with durable LVP flooring throughout the home. A flexible bonus space with direct access to the patio offers endless possibilities for a home office, playroom, gym, or second living area. Outside, enjoy a fully fenced private backyard complete with a patio, fire pit, and a brand-new shed added in 2025. Situated on a quiet, brick-lined street, this home offers both charm and convenience. The large living room window fills the space with natural light, and one of the bedrooms features French doors opening toward the front drive, creating a unique and versatile space. Updates Include: 2022: New roof, HVAC system, water heater, LVP flooring, kitchen appliances, quartz countertops, cabinets, washer & dryer, and exterior paint. 2024: New attic insulation. 2025: New backyard shed. 2026: Two brand-new mini-split systems and fresh interior paint throughout the entire home. *Seller added two new mini-split systems in 2026 to provide enhanced heating and cooling comfort and independent temperature control for the two rooms, although, the baseboard heating system remains fully functional. This turnkey property offers modern comfort, abundant natural light, outdoor privacy, and an unbeatable location near the Monon Trail, Broad Ripple dining, shopping, and entertainment. Ready for its next owner to move in and enjoy.
Source: MIBOR as distributed by MLS GRID, MLS ID: 22105584
Listing provided courtesy of Kristen McAllister 317-210-0624 with Maywright Property Co.
Last Updated: 6/19/2026 | 1:43 AM
Home Details
Status: Pending
Price: $349,999
Address: 5740 Ralston Avenue, Indianapolis, IN 46220
Bedrooms: 4
Bathrooms: 2
Square Feet: 1,777
21 days on Site
Property Type: Residential
Built in 1952
21 days on Site
0.18 Lot Size
Cooling: Central Air, Other
Heating: Baseboard, Electric, Forced Air, Natural Gas, Other
Welcome to this beautifully updated 4-bedroom, 2-bath ranch in a highly sought-after area in Indianapolis, just 5 minutes from Broad Ripple's shops and restaurants and less than a mile from the Monon Trail. Renovated from top to bottom in 2022, this home combines modern updates with functional living space. The eat-in kitchen features qua...
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Source: MIBOR as distributed by MLS GRID, MLS ID: 22105584
Listing provided courtesy of Kristen McAllister 317-210-0624 with Maywright Property Co.
Canterbury / Chatard features a calm and quiet atmosphere, offering easy access to multiple green spaces for relaxation and outdoor enjoyment. The neighborhood is characterized by predominantly single detached homes built mostly before the 1960s, which adds to its established and charming character with a mix of two- and three-bedroom residences. Bicycle transportation is convenient due to gentle terrain and accessible routes throughout the area. Residents benefit from nearby grocery stores and a selection of dining options, including several cafes. Several bus lines serve the neighborhood, providing accessible public transit options. This area presents a balanced blend of comfort, convenience, and a peaceful setting.
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