5111 Ralston Avenue, Indianapolis, IN 46205
- $380,000
- 7
- BD
- 3
- BA
- 3,316
- SqFt
- Sold Price
- $380,000
- List Price
- $400,000
- Closing Date
- Apr 22, 2026
- MLS#
- 22085444
- Property Type
- Residential
- Bedrooms
- 7
- Bathrooms
- 3
- Sqft. of Residence
- 3,316
- Year Built
- 1940
- Days on Market
- 51
- Status
- SOLD
Property Description
Unbelievable opportunity in SoBro within biking distance to the Monon. Check out this 3 bedroom/1 bath featuring hardwood floors throughout and updated kitchen & bath. The 3rd bedroom is 23x12 and is a private upstairs retreat! Enter the basement through exterior side door leading to completely updated efficiency apartment with own bathroom, kitchen with center island, living room and laundry area. We're not stopping there... A must see separate 3 bedroom 1 bath carriage house in back of property offering it's own laundry connection, bedroom with screened in balcony, updated kitchen and bath as well!! Why not live in one unit and receive income on the other 2 units!! Tenants are on a month to month lease & will continue renting if you like. All kitchens and baths have been completely remodeled for you. Conveniently located near the Monon, Jazz Kitchen, Half Liter and Mama Corolla's. Enjoy this luxury set up all to yourself or become an investor! Either way your summer just got better with this ideal set up and short bike rides on the trail to dinner & concerts in Broad Ripple!
Additional Information
- Basement
- Full
- Foundation
- Block, Full
- Stories
- Two
- Architecture
- Cape Cod, Traditional
- Equipment
- None
- Interior
- Breakfast Bar, Cathedral Ceiling(s), Kitchen Island, Hardwood Floors, In-Law Arrangement, Eat-in Kitchen, Pantry
- Exterior Amenities
- Carriage/Guest House
- Acres
- 0.13
- Heat
- Forced Air
- Cooling
- Central Air
- Financing
- Conventional, FHA, VA
- Appliances
- Electric Cooktop, Gas Cooktop, Dryer, Electric Water Heater, Disposal, Gas Water Heater, Exhaust Fan, MicroHood, Electric Oven, Gas Oven, Refrigerator
- Semi-Annual Taxes
- $3,083
- Garage Parking
- Common Lot
- Region
- Washington
- Areas
- Bedroom Other on Main, Laundry in Unit, Living Room - 2 Story
- Eating Areas
- Dining Combo/Kitchen, Dining Combo/Living Room
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Listing courtesy of F.C. Tucker Company. Selling Office: Bear Real Estate Sales, LLC.
Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative