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6031 Ralston Avenue

6031 Ralston Avenue, Indianapolis, IN 46220
Property in Broad Ripple
Sold Sep 17, 2021
$138,800
$111,000 by Forum Cu
Mortgage
Sold Jul 14, 2016
$154,000
$123,170 by Forum Cu
Mortgage Due Aug 01, 2046
6031 Ralston Avenue in Indianapolis, IN was first built in 1940 and is 84 years old. Although, the building on the property was most recently renovated and altered in 1956. This has been categorized as a residential property type. It is a single story home. There are a total of 6 rooms in the home, of which, 2 are bedrooms. 6031 Ralston Avenue has 840 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 840 sqft and has been categorized as a full basement. The linear feet across the front of the lot is 410 ft and the linear feet between the front and back of the lot is 1,370. In total, the area measurement of the land is 5,619 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a detached garage. The garage is 200 sqft. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 6031 Ralston Avenue sold most recently in Jul 30, 2021 for a total of $138,800. If you work out the math, that's approximately a cost of $82.62 per sqft. Before that, the property was also sold for $154,000 in Jul 7, 2016. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $2,434 in taxes each year. 6031 Ralston Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $195,600. If we break it down further, the land itself was valued at $43,000. Improvements to the property, however, were assessed at a total of $152,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 840
  • Garage Type: Detached
  • Garage Square Area: 200
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,619
  • Lot Size Depth Feet: 1,370
  • Lot Size Frontage Feet: 410
  • Total Building Area: 1,680
  • Gross Building Area: 1,680
  • Building Area: 840
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 840
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: NORWALDO
  • Land Acres: 0.129
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: NORWALDO L55

Ownership

  • Current Owner : HANSEN CHRISTOPHER
  • Current Owner 2: HANSEN MARGARET E
  • Previous Owner : HUFFER STEVEN K
  • Previous Owner 2: HUFFER SUSAN B
  • Owner Before Previous Owner: SHEA TIMOTHY O
  • Owner Before Previous Owner 2: SHEA JENNIFER L O
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 321300

Geography

  • Assessors Map Reference: 2120-A4
  • District: 0008
  • Section: 6016004
  • Parcel: 49-07-06-121-055.000-801
  • Lot: 55
  • Municipality: WASHINGTON TOWNSHIP
  • Latitude: 39.865
  • Longitude: -86.1315

    Address

  • Full Address: 6031 Ralston Ave
  • Address - House Number: 6031
  • Address - Street Name: Ralston
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C027
  • 4-Digit Zip Code: 2353
  • Zip Code: 46220

Valuation

    Tax

  • Total Area: 1,680
  • Tax Year: 2022
  • Tax Amount: $2,434
  • Tax Rate Code Area: 801

    Appraisal Valuation

  • Standard Deviation: 0.2474
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 65
  • Final Value: 264,809
  • High Value: 330,344
  • Low Value: 199,275

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $111,000
  • First Open Lien Mortgage Lender: FORUM CU
  • First Open Lien Mortgage Recording Date: Sep 17, 2021
  • First Open Lien Mortgage Loan Amount: $111,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $195,600
  • Market Land Value: $43,000
  • Market Improvement Value: $152,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $195,600
  • Assessed Land Value: $43,000
  • Assessed Improvements Value: $152,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 30, 2021
  • Current Sale Recording Date: Sep 17, 2021
  • Current Sale Transaction ID: 11858605011
  • Current Sale Price: $138,800
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202100124382
  • Previous Sale Recording Date: Jul 14, 2016
  • Previous Sale Contract Date: Jul 07, 2016
  • Previous Sale Amount: $154,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FORUM CU
  • First Mortgage Transaction Date: Sep 17, 2021
  • First Mortgage Loan Amount: $111,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: FORUM CU
  • Previous Mortgage Transaction Date: Jul 14, 2016
  • Previous Mortgage Loan Amount: $123,170
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2046

About Broad Ripple



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Frequently Asked Questions

What neighborhood is 6031 Ralston Avenue located in?
The 6031 Ralston Avenue is a located in the neighborhood of Broad Ripple in Broad Ripple, Indianapolis.
What is the average sales price for listings in 6031 Ralston Avenue?
The average sales price for units in 6031 Ralston Avenue is $0 currently.

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