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$725,000   Price Analysis
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5438 W Ralston Rd
Indianapolis, IN 46221
5 bed 3 bath 4,350 SqFt ($166/SqFt)
8.66 acre lot. Built 1968
Listed 2024-06-28, Taxes $4,703
Ⓧ USDA Ineligible
due to location

near Indianapolis

Pristine property that you been looking for

This 8.7+- acres SELLING PARCEL #4 at this time. This home has it all, from a attractive in-laws rea, 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.


Presented by Scott Smith Realty Group at
Keller Williams Indy Metro S.
Listing Agent Photo

Property MLS #21986900 from MIBOR

Bedrooms: 5
Bedrooms On Main Level: 1
Bedrooms On Upper Level: 4
Primary Bedroom Dimensions: 17 x 19
Bedroom 2 Dimensions: 11 x 15
Bedroom 3 Dimensions: 13 x 15
Bedroom 4 Dimensions: 10 x 15
Bedroom 5 Dimensions: 10 x 13
Primary Bedroom Level: Upper
Bedroom 2 Level: Upper
Bedroom 3 Level: Upper
Bedroom 4 Level: Upper
Bedroom 5 Level: Main

Total Rooms: 9
Kitchen: 8 x 12 x Main
Family Room Dimensions: 16 x 26
Family Room Level: Main

Total Bathrooms: 3
Full Bathrooms: 3
Full Bathrooms On Main Level: 1
Full Bathrooms On Upper Level: 2

Breakfast Bar
Entrance Foyer
In-Law Arrangement
Eat-in Kitchen

Dishwasher
Electric Water Heater
Disposal
Microwave
Electric Oven
Refrigerator
Water Softener Owned
Laundry Features: Main Level

Cooling Features: Central Electric
Fireplace Features: Living Room
Heating Features: Gas
Number of Fireplaces: 1

Dining Area Description: Formal Dining Room
Dining Room Dimensions: 14 x 15
Dining Room Level: Main
Kitchen Dimensions: 11 x 14
Kitchen Level: Main

Patio And Porch Features: Open Patio

Lot Description: Mature Trees, Wooded
Lot Size Acres: 8.663
Lot Size Square Feet: 377360

Garage Spaces: 4
Parking Features: Detached, Garage Door Opener
Garage Sqft: 864

Elementary School: West Newton Elementary School
High School: Decatur Central High School
High School District: MSD Decatur Township
Middle School: Decatur Middle School

West Newton Elementary School is a public elementary school located approximately 1.4 miles away.
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Decatur Central High School is a public high school located approximately 3.2 miles away.
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Decatur Middle School is a public middle school located approximately 3.2 miles away.
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Center Grove Montessori is a private elementary school located approximately 4.1 miles away.
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Calculated Total Monthly Association Fees: 0

Source Listing Status: Active
County: Marion
Directions: From Mann Rd and Ralston Rd, go west to property located on the North side of Ralston
Tax Year: 2022
Source Property Type: Residential
Area: 4908 - Marion - Decatur
Source Neighborhood: 4908 - Marion - Decatur
Parcel Number: 491324106014000200
Postal Code Plus 4: 9674
Township: Decatur
Property Subtype: Farm
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$271,300 + $35,400
$306,700
$4,703
2021$271,300 + $35,400
$306,700
$4,080
2020$250,300 + $35,300
$285,600
$3,423
2019$219,300 + $38,100
$257,400
$3,500
2018$214,100 + $38,600
$252,700
$3,401
2017$197,500 + $41,000
$238,500
$3,272
2016$193,700 + $42,100
$235,800
$3,114
2015$188,200 + $43,100
$231,300
$2,854
2014$190,600 + $43,100
$233,700
$2,892
2013$190,600 + $40,100
$230,700
$2,482
2012$187,000 + $38,800
$225,800
$2,420
2011$165,800 + $44,700
$210,500
$2,217
2010$166,300 + $42,600
$208,900
$2,209
2008$174,500 + $41,100
$215,600
$4,698
2008$166,300 + $42,200
$208,500
$4,698
2006$214,600 + $38,500
$253,100
$4,310

Listed 2024-06-28
$725,000
MIBOR

Total Square Feet Living: 4035
Year Built: 1968
BelowGradeFinishedArea: 945
Construction Materials: Brick
Foundation Details: Block, Crawl Space
Levels: Two
Property Age: 56
Total Area Main: 1788
Total Area Upper: 1302
Architectural Style: Ranch

Water Source: Private Well

Other Equipment: Security Alarm Monitored, Smoke Alarm, Sump Pump
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.