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2049 Ralston Ave, Indianapolis, IN, 46218

3beds
3baths
1,685sqft
$175,000
$104price/sqft
$1,419/moest. monthly cost
$56,760/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 something of your own come together in the heart of Martindale-Brightwood. This newly constructed Renewal floor plan is thoughtfully designed for modern living, offering 3 bedrooms, 2.5 bathrooms, and 1,685 square feet of beautifully designed living space. Step inside to discover an open-concept layout enhanced by 9-foot ceilings that create a bright, welcoming atmosphere. The spacious kitchen is the heart of the home, featuring stainless steel appliances, a pantry, and a seamless flow into the dining and living areas-perfect for everyday living and entertaining alike. Upstairs, you'll find three generously sized bedrooms, including a primary suite, along with two full bathrooms and a conveniently located laundry area upstairs. A half bath on the main level adds extra convenience for guests. More than just new construction, this home represents opportunity-a place to build memories, create stability, and invest in your future. Thoughtfully developed as part of a community-focused vision for long-term neighborhood growth and revitalization, Ralston Hills offers a rare opportunity to own a brand-new home at an attainable price point in one of Indianapolis' historic neighborhoods.

Getting Around

31
WalkingCar-Dependent
32
TransitSome Transit
39
BikeSomewhat Bikeable

Schools

4/10
1/10

Construction

Condition

  • Property condition: 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,Microwave,Electric Oven,Refrigerator

Bedroom2

  • Level: Upper
  • Area: 120
  • Dimensions: 10x12

Bedroom3

  • Level: Upper
  • Area: 120
  • Dimensions: 12x10

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1

Dining Room

  • Level: Main
  • Area: 154
  • Dimensions: 14x11

Features

  • Kitchen Island,Pantry,Walk-In Closet(s)
  • Common walls with other units/homes: 2+ Common Walls

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,685
  • Total interior livable area: 1,685 sqft

Kitchen

  • Level: Main
  • Area: 180
  • Dimensions: 12x15

Living Room

  • Level: Main
  • Area: 308
  • Dimensions: 14x22

Master Bedroom

  • Level: Upper
  • Area: 126
  • Dimensions: 14x9

Property

Details

  • Parcel number: 490731206112000101
  • Attached to another structure: Yes
  • Horse amenities: None

Features

  • Levels: Two
  • Stories: 2
  • Entry location: Other/See Remarks
  • Patio & porch: Covered

Lot

  • Lot size: 4,356 sqft

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 $884$10,608
Home Insurance *$222$2,664
Property Taxes $129$1,548
Electricity $184$2,212
Total$1,419$17,028
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$48,651/yr
40% on housing$42,570/yr
45% on housing$37,840/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

$104This 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$175,000

New Construction

AgentDanielle Coleman
BrokerageGarnet Group

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