**AS-IS** Full gut job needed. 3 bed, 2 full bath, ranch near I-70 and Keystone. This property is not eligible for FHA or Conventional Financing as it needs a full tear out and remodel. Due to interior water issue (broken water heater) the interior is covered in mold. This property would require removal of all drywall, insulation, flooring, HVAC system and crawlspace remediated. All showings require proper safety measures to be followed with regards to mold. Water can not be turned on to be tested. The upside is the age of the home and neighboring properties, the overall condition of the structure itself, and the location. Great rental opportunity or flip. **ROOM SIZES ARE APPROXIMATE**
Sold
$87,500
2437 Ralston Ave, Indianapolis, IN 46218
3beds
1,160sqft
Residential, Single Family Residence
Built in 1999
6,969.6 Square Feet Lot
$87,400 Zestimate®
$75/sqft
$1,509 Estimated rent
Home value
$87,400
$81,000 - $94,000
$1,509/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: August 12, 2025 at 06:44am
Listing Provided by:
Josh Latham 317-989-7465,
RE/MAX Advanced Realty
Bought with:
Josh Latham
RE/MAX Advanced Realty
Source: MIBOR as distributed by MLS GRID,MLS#: 22054143
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
- Area: 121 Square Feet
- Dimensions: 11x11
Bedroom 2
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10x10
Bedroom 3
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10x10
Dining room
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10x10
Kitchen
- Level: Main
- Area: 90 Square Feet
- Dimensions: 10x9
Laundry
- Level: Main
- Area: 28 Square Feet
- Dimensions: 7x4
Living room
- Level: Main
- Area: 240 Square Feet
- Dimensions: 16x15
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: None
Features
- Has basement: No
Interior area
- Total structure area: 1,160
- Total interior livable area: 1,160 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
Lot
- Size: 6,969 sqft
Details
- Parcel number: 490730115424059101
- Special conditions: None,As Is
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Vinyl Siding
- Foundation: Block
Condition
- Fixer
- New construction: No
- Year built: 1999
Utilities & green energy
- Water: Public
Community & neighborhood
Location
- Region: Indianapolis
- Subdivision: New Ralston Estates
Price history
| Date | Event | Price |
|---|---|---|
| 8/11/2025 | Sold | $87,500+2.9%$75/sqft |
Source:  MIBOR as distributed by MLS GRID #22054143 Report a problem | ||
| 8/5/2025 | Pending sale | $85,000$73/sqft |
Source: MIBOR as distributed by MLS GRID #22054143 Report a problem | ||
| 8/1/2025 | Listed for sale | $85,000$73/sqft |
Source: MIBOR as distributed by MLS GRID #22054143 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,316 +13.3% | $128,700 |
| 2023 | $1,161 +48.4% | $128,700 +11.9% |
| 2022 | $783 -9.8% | $115,000 +26.4% |
Find assessor info on the county website
Neighborhood: Martindale-Brightwood
Nearby schools
GreatSchools rating
- 3/10Francis W. Parker School 56Grades: PK-8Distance: 0.3 mi
- 2/10Shortridge High SchoolGrades: 9-12Distance: 1.7 mi
- 4/10Center for Inquiry School 27Grades: PK-8Distance: 1.2 mi
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Estimated market value
$87,400