Sold

$215,000

1220 E Thompson Rd, Indianapolis, IN 46227

4beds

3baths

--sqft

Multi Family, Triplex

Built in 1916

-- sqft lot

$246,300 Zestimate^®

$--/sqft

$1,377 Estimated rent

Home value

$246,300

$222,000 - $273,000

$1,377/mo

Zestimate^® history

Owner options

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$1,377/mo

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$1,377/mo

Rent Zestimate^®

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$1,413/mo

Est. payment

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$1,413/mo

Est. payment

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What's special

Discover an exceptional investment in the thriving neighborhood near Edgewood with this fully occupied triplex. Featuring two cozy upstairs units, each offering 1 bedroom and 1 bathroom, alongside a spacious 2-bedroom, 1-bathroom unit on the first floor, this property presents a diverse range of living options. Enjoy the convenience of steady rental income from all three units, coupled with the allure of a sought-after location close to local amenities and attractions. Seize this prime opportunity to own a profitable piece of real estate in a bustling community.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3

Features

Has basement: Yes

Property

Parking

Total spaces: 2
Parking features: Detached
Garage spaces: 2
Details: Unit Parking(2 Car Garage)

Features

Levels: Two
Stories: 2

Lot

Size: 0.71 Acres

Details

Parcel number: 491031113033000500

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family, Triplex

Condition

New construction: No
Year built: 1916

Community & HOA

Community

Subdivision: No Subdivision

Location

Region: Indianapolis

Financial & listing details

Tax assessed value: $302,900
Annual tax amount: $5,472
Date on market: 4/22/2024
Cumulative days on market: 119 days
Tenant pays: Other

Price history

Date	Event	Price
10/10/2024	Sold	$215,000-8.5%
Source: MIBOR as distributed by MLS GRID #21975234 Report a problem
9/2/2024	Pending sale	$235,000
Source: MIBOR as distributed by MLS GRID #21975234 Report a problem
8/16/2024	Price change	$235,000-2.1%
Source: MIBOR as distributed by MLS GRID #21975234 Report a problem
6/21/2024	Listed for sale	$240,000
Source: MIBOR as distributed by MLS GRID #21975234 Report a problem
6/10/2024	Pending sale	$240,000
Source: MIBOR as distributed by MLS GRID #21975234 Report a problem
5/29/2024	Price change	$240,000-4%
Source: MIBOR as distributed by MLS GRID #21975234 Report a problem
4/22/2024	Listed for sale	$250,000+16.8%
Source: MIBOR as distributed by MLS GRID #21975234 Report a problem
4/4/2024	Listing removed	--
Source: Zillow Rentals Report a problem
3/27/2024	Listed for rent	$895+12.6%
Source: Zillow Rentals Report a problem
5/24/2021	Listing removed	--
Source: Zillow Rental Network Premium Report a problem
5/18/2021	Listed for rent	$795-11.7%
Source: Zillow Rental Network Premium Report a problem
5/10/2021	Sold	$214,000-4.9%
Source: MIBOR as distributed by MLS GRID #21775021 Report a problem
4/7/2021	Pending sale	$225,000
Source: MIBOR as distributed by MLS GRID #21775021 Report a problem
4/2/2021	Listed for sale	$225,000+125%
Source: MIBOR as distributed by MLS GRID #21775021 Report a problem
1/5/2019	Listing removed	$900
Source: RE/MAX Results #21582605 Report a problem
9/6/2018	Price change	$900-10%
Source: RE/MAX Results #21582605 Report a problem
8/21/2018	Price change	$1,000-31%
Source: RE/MAX Results #21582605 Report a problem
7/20/2018	Listed for rent	$1,450
Source: RE/MAX Results #21582605 Report a problem
6/25/2018	Sold	$100,000
Source: MIBOR as distributed by MLS GRID #21576512 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,198 +4.4%	$302,900 +24.4%
2024	$5,938 +8.5%	$243,500 +4.5%
2023	$5,472 +18.9%	$233,100 +9.1%
2022	$4,601 +9.6%	$213,600 +20.9%
2021	$4,198 +12.3%	$176,700 +10.3%
2020	$3,736 +3.4%	$160,200 +13.1%
2019	$3,614 -4.5%	$141,700 +2.4%
2018	$3,786 -7.2%	$138,400 -3.7%
2017	$4,078 +5.2%	$143,700 -3.6%
2016	$3,879 +7.4%	$149,100 +0.6%
2014	$3,611 +0.9%	$148,200
2013	$3,579	$148,200 +1.6%
2012	$3,579	$145,800 +1.7%
2011	--	$143,300
2010	$2,883 +0.4%	$143,300
2009	$2,871	$143,300 +9%
2007	--	$131,500