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3294 Ralston Ave, Indianapolis, IN 46218, USA
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3294 Ralston Avenue, Indianapolis, IN 46218
Price $100k
ARV $175K
Type: Single-Family Ranch
Beds / Baths: 2 Bed / 1 Bath
Living Area: 855 sq ft (plus full basement)
Garage: 1-Car Attached (via breezeway)
Lot Size: ~0.15 acres
Year Built: 1946 (Effective Year: 1971)
Basement: Partial basement + crawlspace
Features: Front concrete patio, enclosed sunroom, large mostly fenced backyard
Systems & Condition:
Roof: 7 years old – good condition
HVAC: 3 years old – no central A/C
Plumbing: No known issues
Electrical: No known issues
Foundation: Appears solid; mixed crawl and basement
Flooring: Original wood floors – great condition; just uncovered
Interior Doors: All new, trim is incomplete but undamaged
Kitchen: Renovated 3 years ago
Occupancy: Recently vacated by tenant (was rented for 3 years)
Location & Neighborhood:
Located in a fast-appreciating corridor near downtown Indianapolis
Close to Ivy Tech, IUPUI, Purdue Indy, and Broad Ripple
Great connectivity to downtown, public transit, parks, and retail
Perfect for first-time homebuyers or rental investors targeting growth areas
Very renter-friendly layout with private backyard and sunroom
Exit Strategy Options:
Rental Ready: Just finish light work and rent immediately
Estimated Rent: $1,100–$1,250/month based on comps
Add A/C to push to premium end of range
Flip Potential: Great candidate for a retail exit with light cosmetic updates
Need Financing
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