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$700,000 ↓$25,000on 9/9/2024

5438 W Ralston Road Indianapolis, IN  46221

  • 5 Beds
  • 3 Baths
  • 4,350 sq. Ft

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Property Description for 5438 W Ralston Road Indianapolis, IN 46221

Pristine property that you been looking for, this 8.7+- acres SELLING PARCEL #4 at this time. This home has it all, from a beautiful in-laws area, to the six car garage. Mechanics dream, or car enthusiast. The roof is 4 years old and was totally painted 3 years ago. This location gives you the peace of mind you have been seeking but the convenience of being close to everything. This one owner home has been taken care of meticulously well and maintained with loads of documentation.
QuickBuy option for home selling

Address:5438 W Ralston Road Indianapolis IN 46221
Status:Active
on site: 125 days
Price:$700,000
Bedrooms:5 Beds
Bathrooms:3 Full Baths
Sq. Feet:4,350
Year Built:1968
Lot Size:8.66
County: Marion
Township: Decatur
MLS #:21986900
Property Type:Single Family Residence

Lot Dimensions:374500
Lot Features:Mature Trees, Wooded
Water Source:Private Well
Directions:From Mann Rd and Ralston Rd, go west to property located on the North side of Ralston
Main Level Sq. Ft. :1,788
Upper Level Sq. Ft. :1,302
Total Sq. Ft. :4,350
Basement:Yes

Loan Price
$4,303
Price And Interest $3,652/month
Property Tax $359/month
MTG INS $0/month
HOME INS $292/month
Price
$700,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$359/month
Home Owner Insurance
$3,504 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
09/09/24 $725,000 $700,000 -3.45%

RoomSizeLevel
Family Room 16x26 Main
Dining Room 14x15 Main
Kitchen 11x14 Main
Laundry 15x28 Main
Primary Bedroom 17x19 Upper
Bedroom 2 11x15 Upper
Bedroom 3 13x15 Upper
Bedroom 4 10x15 Upper
Kitchen 8x12 Main
Bedroom 5 10x13 Main

Semi-Annual Property Tax:$2,156
Tax Year:2022
Other Disclosures:Sales Disclosure Supplements
Mandatory HOA Fee:$

Area: 4908 - Marion - Decatur
City:Indianapolis
Subdivision: No Subdivision
Zip Code:46221

High School:Decatur Central High School
Middle School:Decatur Middle School
Elementary School:West Newton Elementary School

Total Sq. Ft.:4,350
Interior Features:Breakfast Bar, Entrance Foyer, In-Law Arrangement, Eat-in Kitchen
Eating Area(s):Formal Dining Room
Appliances:Dishwasher, Electric Water Heater, Disposal, Microwave, Electric Oven, Refrigerator, Water Softener Owned
Equipment:Security Alarm Monitored, Smoke Alarm, Sump Pump
Exterior Type:Brick
Fireplace(s):Living Room
Cool:Central Electric
Heat:Gas
Water Heater:Dishwasher, Electric Water Heater, Disposal, Microwave, Electric Oven, Refrigerator, Water Softener Owned
Total Rooms:9
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Listing provided courtesy of Scott Smith with Keller Williams Indy Metro S from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 06/27/2024 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.





Indianapolis Market Report

81
Avg. DOM

The house prices in Indianapolis are indeed dropping at the moment. There has been a decrease in price of $20,825.47. 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.

The housing market and house prices in Indianapolis are going Down. The average house price is $269,000.00 and the average price per square feet is $156.25 per square feet. At the moment, the amount of homes listed is exactly 13891 houses, with 2412 with active status, 1216 with pending status and 10263 sold in Indianapolis .

The most popular place to buy a home in Indianapolis is 4903 - Marion - Washington. 4903 - Marion - Washington is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Indianapolis .

The average amount of property taxes you would have to pay for a home in Indianapolis is $3,194.02. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Indianapolis are staying listed for an average of 68 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Indianapolis was 1520 minutes ago.

At the moment we have 105 open houses that you can visit.

The cost of the most expensive home in Indianapolis is $7,750,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Indianapolis is $45,900.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Indianapolis in year 1827 and the newest built house is in year 2025.

The average size of properties in Indianapolis is 2112.74 sq.ft. , the biggest one being 13549 sq.ft. and the smaller being 252 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.

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