Pending

Price increase: $60.1K (6/16)

$170,000

1238 E Thompson Rd, Indianapolis, IN 46227

2beds

1,785sqft

$1,191/mo

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Residential, Single Family Residence

Built in 1922

0.74 Acres Lot

$-- Zestimate^®

$95/sqft

$-- HOA

What's special

Enclosed porchEat-in kitchenOriginal hardwood floors

This one is truly an investor's special! With just under 1000 square feet, this 2 bed, 1 bath could be such a gem with the right updates! This home features original hardwood floors, an enclosed porch, fireplace and eat-in kitchen. It is conveniently located near US 31 and I-465 for easy commuting. Check it out today! Property is sold AS-IS! Cash only!

78 days

54

0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 2

Primary bedroom

Level: Main
Area: 120 Square Feet
Dimensions: 12x10

Bedroom 2

Level: Main
Area: 110 Square Feet
Dimensions: 11x10

Bonus room

Features: Other
Level: Basement
Area: 400 Square Feet
Dimensions: 20x20

Dining room

Level: Main
Area: 144 Square Feet
Dimensions: 12x12

Kitchen

Level: Main
Area: 153 Square Feet
Dimensions: 17x9

Living room

Level: Main
Area: 240 Square Feet
Dimensions: 20x12

Sun room

Features: Other
Level: Main
Area: 180 Square Feet
Dimensions: 18x10

Heating

Natural Gas

Cooling

Central Air

Appliances

Included: None

Features

High Speed Internet
Has basement: Yes
Number of fireplaces: 1
Fireplace features: Other

Interior area

Total structure area: 1,785
Total interior livable area: 1,785 sqft
Finished area below ground: 630

Property

Features

Levels: One
Stories: 1

Lot

Size: 0.74 Acres

Details

Parcel number: 491031113035000500
Special conditions: As Is
Horse amenities: None

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Residential, Single Family Residence

Materials

Block, Wood With Stone
Foundation: Concrete Perimeter

Condition

New construction: No
Year built: 1922

Utilities & green energy

Water: Public

Community & HOA

Community

Subdivision: No Subdivision

HOA

Has HOA: No

Location

Region: Indianapolis

Financial & listing details

Price per square foot: $95/sqft
Tax assessed value: $174,600
Annual tax amount: $3,602
Date on market: 5/21/2026
Cumulative days on market: 31 days

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
6/16/2026	Pending sale	$170,000+54.7%$95/sqft
Source: MIBOR as distributed by MLS GRID #22103166 Report a problem
6/2/2026	Price change	$109,900-15.4%$62/sqft
Source: MIBOR as distributed by MLS GRID #22103166 Report a problem
5/21/2026	Listed for sale	$129,900$73/sqft
Source: MIBOR as distributed by MLS GRID #22103166 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,602 +4.5%	$174,600 +23.4%
2024	$3,445 +7.9%	$141,500 +4.4%
2023	$3,194 +16.8%	$135,500 +8.5%
2022	$2,735 +8.8%	$124,900 +18.5%
2021	$2,514 +18%	$105,400 +9.4%
2020	$2,130 +3.3%	$96,300 +18.7%
2019	$2,062 -5.2%	$81,100 +2.3%
2018	$2,175 -37.3%	$79,300 -3.6%
2017	$3,468 +57.4%	$82,300 -3.4%
2016	$2,203 +8.1%	$85,200 +1.4%
2014	$2,037 +0.5%	$84,000
2013	$2,027	$84,000 +1.2%
2012	$2,027	$83,000 +6.5%
2011	--	$77,900
2010	$1,558	$77,900
2009	$1,558	$77,900 +7.6%
2007	--	$72,400

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: Edgewood

Getting around

61 / 100

Somewhat Walkable

26 / 100

Some Transit

53 / 100

Bikeable

Nearby schools

GreatSchools rating

6/10
Southport 6th Grade Academy
Grades: 6Distance: 1.1 mi
4/10
Southport High School
Grades: 9-12Distance: 1.7 mi
6/10
Southport Middle School
Grades: 7-8Distance: 1.1 mi

Schools provided by the listing agent

Elementary: Homecroft Elementary School
Middle: Southport Middle School
High: Southport High School

Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.