Check out this beautiful ranch situated on a spacious 1/3 acre lot, offering 960sqft of living space, plus an additional 960sqft of unfinished basement space - ideal for storage or future expansion. Inside, the living room is highlighted by a cozy wood-burning fireplace, with a separate dining area conveniently located off the kitchen. The home includes two bedrooms and one full bath, making it a great option for comfortable, efficient living. This home features a one-car detached garage with a workshop area, along with an additional storage shed with garage door for extra storage. Enjoy the large covered front porch, perfect for relaxing and taking in the peaceful setting. Welcome Home! - Seller also has (3) additional neighboring properties for sale - 1223 E Thompson Rd (22095553, $179,900), 1229 E Thompson Rd (22095565, $169,900, tenant rights), 1251 E Thompson Rd (22095588, $174,900, tenant rights).
Sold
$164,900
1243 E Thompson Rd, Indianapolis, IN 46227
2beds
1,920sqft
Residential, Single Family Residence
Built in 1940
0.3 Acres Lot
$165,200 Zestimate®
$86/sqft
$1,381 Estimated rent
Home value
$165,200
$155,000 - $177,000
$1,381/mo
Zestimate® history
Owner options
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$1,381/mo
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$1,381/mo
Rent Zestimate®
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$1,084/mo
Est. payment
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$1,084/mo
Est. payment
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List your homeWhat's special
Cozy wood-burning fireplaceLarge covered front porchTwo bedroomsSeparate dining area
Zillow last checked:
Listing updated:
Listed by:
Karl Vierling 812-202-1646,
Carpenter, REALTORS®
Bought with:
Ray Stuck
HomeXpert, Ray Stuck & Co.
Source: MIBOR as distributed by MLS GRID,MLS#: 22095582
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: 121 Square Feet
- Dimensions: 11x11
Bedroom 2
- Level: Main
- Area: 110 Square Feet
- Dimensions: 11x10
Dining room
- Level: Main
- Area: 121 Square Feet
- Dimensions: 11x11
Kitchen
- Level: Main
- Area: 77 Square Feet
- Dimensions: 11x7
Living room
- Level: Main
- Area: 240 Square Feet
- Dimensions: 16x15
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Gas Water Heater, Electric Oven, Refrigerator
Features
- Smart Thermostat
- Basement: Full,Unfinished
- Number of fireplaces: 1
- Fireplace features: Living Room, Wood Burning
Interior area
- Total structure area: 1,920
- Total interior livable area: 1,920 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Detached, Concrete
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
Lot
- Size: 0.3 Acres
- Features: Mature Trees
Details
- Additional structures: Storage
- Parcel number: 491506103004000500
- Special conditions: As Is,Sales Disclosure Supplements
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Stone, Vinyl Siding
- Foundation: Block
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Electric: 200+ Amp Service
- Water: Public
Community & HOA
Community
- Subdivision: No Subdivision
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $86/sqft
- Tax assessed value: $138,100
- Annual tax amount: $3,586
- Date on market: 4/16/2026
- Cumulative days on market: 7 days
Price history
| Date | Event | Price |
|---|---|---|
| 5/19/2026 | Sold | $164,900$86/sqft |
Source:  MIBOR as distributed by MLS GRID #22095582 Report a problem | ||
| 4/22/2026 | Pending sale | $164,900$86/sqft |
Source: MIBOR as distributed by MLS GRID #22095582 Report a problem | ||
| 4/16/2026 | Listed for sale | $164,900$86/sqft |
Source: MIBOR as distributed by MLS GRID #22095582 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,823 +6% | $138,100 +24.5% |
| 2024 | $2,662 +8.3% | $110,900 +5.9% |
| 2023 | $2,458 +18.1% | $104,700 +8.9% |
| 2022 | $2,082 +9.5% | $96,100 +19.8% |
| 2021 | $1,901 +5.5% | $80,200 +10.2% |
| 2020 | $1,803 -11.6% | $72,800 +6.1% |
| 2019 | $2,039 -0.4% | $68,600 -12.5% |
| 2018 | $2,048 -0.4% | $78,400 +1.3% |
| 2017 | $2,056 +7.7% | $77,400 +2.7% |
| 2016 | $1,910 +8.1% | $75,400 +3.6% |
| 2014 | $1,766 +0.4% | $72,800 |
| 2013 | $1,759 | $72,800 +1.1% |
| 2012 | $1,759 | $72,000 -0.4% |
| 2011 | -- | $72,300 |
| 2010 | $1,447 +359.9% | $72,300 |
| 2009 | $315 | $72,300 -6.1% |
| 2007 | -- | $77,000 +0.1% |
| 2006 | -- | $76,900 |
| 2005 | -- | $76,900 |
| 2004 | -- | $76,900 |
| 2003 | -- | $76,900 +198.1% |
| 2002 | -- | $25,800 +200% |
| 2001 | -- | $8,600 |
| 2000 | -- | $8,600 |
Find assessor info on the county website
Neighborhood: Edgewood
Nearby homes
- $172,0002 bd1 ba2.3k sqft1229 E Thompson Rd, Indianapolis, IN 46227Sold
- $175,0003 bd1 ba2.5k sqft1251 E Thompson Rd, Indianapolis, IN 46227Sold
- $239,0003 bd2 ba3k sqft1223 E Thompson Rd, Indianapolis, IN 46227For Sale
- $16,0003 bd-- ba1k sqft1257 E Thompson Rd, Indianapolis, IN 46227Off Market
- $205,2003 bd1 ba1.9k sqft1219 E Thompson Rd, Indianapolis, IN 46227Off Market
- $170,0002 bd1 ba1.7k sqft1238 E Thompson Rd, Indianapolis, IN 46227Pending
- $98,0001 bd1 ba420 sqft1224 E Thompson Rd, Indianapolis, IN 46227Off Market
- $--1 bd1 ba420 sqft1222 E Thompson Rd #1222, Indianapolis, IN 46227Off Market
Nearby schools
GreatSchools rating
- 6/10Southport 6th Grade AcademyGrades: 6Distance: 1.1 mi
- 4/10Southport High SchoolGrades: 9-12Distance: 1.6 mi
- 6/10Southport Middle SchoolGrades: 7-8Distance: 1.1 mi
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Estimated market value
$165,200
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Estimated market value
$165,200
- Indiana
- Marion County
- Indianapolis
- 46227
- Edgewood
- 1243 E Thompson Rd
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