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2053 Ralston Ave, Indianapolis, IN, 46218

2beds
2baths
1,260sqft
$160,000
$127price/sqft
$1,528/moest. monthly cost
$61,120/yrincome needed

About This Home

Your path to homeownership starts here. Welcome to Ralston Hills, where thoughtful design, quality craftsmanship, and the opportunity to own a place of your own come together in the heart of Martindale-Brightwood. This newly constructed Renaissance floor plan is an end-unit home thoughtfully designed for everyday living, offering 1,260 square feet of comfortable, single-level living with 2 bedrooms, 2 full bathrooms, and an ADA-accessible layout. From the moment you step inside, you'll appreciate the bright, open feel created by the 9-foot ceilings and thoughtfully designed floor plan that blends comfort with functionality. At the heart of the home, the kitchen is built for connection-whether you're preparing a quiet meal, gathering with family, or celebrating life's milestones. Enjoy stainless steel appliances, a spacious pantry, and an open layout that flows seamlessly into the dining and living areas. Washer and dryer hookups and two full bathrooms add convenience and flexibility for homeowners, family members, and guests alike. More than just new construction, this home represents possibility-a place to put down roots, build memories, and invest in your future. Designed to promote independence, comfort, and lasting value, Ralston Hills is part of a community-focused vision for long-term neighborhood revitalization and sustainable homeownership. This is a rare opportunity to own a brand-new home at an attainable price in one of Indianapolis' historic and rapidly growing neighborhoods.

Getting Around

31
WalkingCar-Dependent
32
TransitSome Transit
39
BikeSomewhat Bikeable

Schools

4/10
1/10

Construction

Condition

  • Property condition: Under Construction,New Construction
  • New construction: Yes
  • Year built: 2027

Materials

  • Foundation: Slab
  • Construction materials: Vinyl Siding

Other

  • Builder name: Stenz

Type & Style

  • Home type: Condo
  • Architectural style: A-Frame
  • Property subType: Residential,Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Microwave,Electric Oven,Refrigerator
  • Laundry features: In Unit,Connections All,Main Level

Bedroom2

  • Level: Main
  • Area: 126
  • Dimensions: 9x14

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 2

Dining Room

  • Level: Main
  • Area: 98
  • Dimensions: 14x7

Features

  • Kitchen Island,Pantry
  • Common walls with other units/homes: 1 Common Wall

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,260
  • Total interior livable area: 1,260 sqft

Kitchen

  • Level: Main
  • Area: 182
  • Dimensions: 14x13

Living Room

  • Level: Main
  • Area: 210
  • Dimensions: 14x15

Master Bedroom

  • Level: Main
  • Area: 168
  • Dimensions: 14x12

Property

Accessibility

  • Accessibility features: Accessible Entrance,Accessible Full Bath,Handicap Accessible Interior

Details

  • Parcel number: 490731206051000101
  • Attached to another structure: Yes
  • Horse amenities: None

Features

  • Levels: One
  • Stories: 1
  • Entry location: Other/See Remarks
  • Patio & porch: Covered

Lot

  • Lot size: 4,356 sqft

Parking

  • Parking features: Assigned

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Inland Flooding
Tornado

FEMA Declared Disasters Across Indiana Counties

Flood
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $809$9,708
Home Insurance *$203$2,436
Property Taxes $332$3,984
Electricity $184$2,212
Total$1,528$18,336
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$52,388/yr
40% on housing$45,840/yr
45% on housing$40,746/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.6%
10.6%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 2.3%
2.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$127This listing

vs Other Active Listings

Avg $/sqft

ZIP 46218$77
Marion County$125

vs Homes Sold Last Month

Median $/sqft

ZIP 46218$77
Marion County$131

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-13Listed for sale$160,000
2020-01-29Sold$856

New Construction

AgentDanielle Coleman
BrokerageGarnet Group

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