1243 E Thompson Rd, Indianapolis, IN 46227
Property image
Property image
SOLD
MAY 19, 2026

1243 E Thompson Rd
Indianapolis, IN 46227

Edgewood
  • 2 Beds
  • 1 Bath
  • 1,920 sqft (on 0.30 acres)

$164,900

Last Sold: May 19, 2026
$86/sqft
Est. Refi. Payment $1,045/mo*
Refinance Your Home

$164,900

Last Sold: May 19, 2026
$86/sqft
Est. Refi. Payment $1,045/mo*
Refinance Your Home
2 Beds
1 Bath
1,920 sqft
(on 0.30 acres)

Local Information

  • Map ViewExplore the area around 1243 E Thompson Rd.
  • Schools3 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

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).
1243 E Thompson Rd, Indianapolis, IN 46227 is a 2 bedroom, 1 bathroom, 1,920 sqft single-family home in Edgewood, built in 1940. It last sold for the $164,900 asking price on May 19, 2026. It is currently off market. The Trulia Estimate is $165,400, with a rent estimate of $1,308/month.

Home Highlights

Parking
Garage
Outdoor
Yes
A/C
Heating & Cooling
HOA
None
Price/Sqft
$86/sqft
Listed
82 days ago

Home Details for 1243 E Thompson Rd

Active Status

MLS Status: Sold

Interior Features

Interior Details
Basement: Full,UnfinishedNumber of Rooms: 5Types of Rooms: Master Bedroom, Bedroom 2, Dining Room, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 2Main Level Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 1920 Square Feet
Appliances & Utilities
Appliances: Gas Water Heater, Electric Oven, RefrigeratorRefrigerator
Heating & Cooling
Heating: Forced Air,Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Living Room, Wood BurningHas a Fireplace
Gas & Electric
Electric: 200+ Amp Service
Levels, Entrance, & Accessibility
Stories: 1Levels: One

Exterior Features

Exterior Home Features
Patio / Porch: CoveredOther Structures: StorageFoundation: Block
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1No CarportHas a GarageNo Attached GarageParking Spaces: 1Parking: Detached,Concrete
Farm & Range
Horse Amenities: None

Days on Market

Cumulative Days on Market: 7

Property Information

Year Built
Year Built: 1940
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Ranch
Building
Construction Materials: Stone, Vinyl SidingNot a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Parcel Number: 491506103004000500

Price & Status

Price
List Price: $164,900Price Per Sqft: $86/sqft
Status Change & Dates
Off Market Date: Wed Apr 22 2026Possession Timing: Close Of Escrow

Location

Direction & Address
City: IndianapolisCommunity: No Subdivision
School Information
High School District: Perry Township Schools

Building

Building Area
Building Area: 1920 Square Feet

HOA

No HOA

Lot Information

Lot Area: 0.30 acres

Listing Info

Special Conditions: As Is, Sales Disclosure Supplements

Miscellaneous

BasementMls Number: 22095582
Last check for updates: about 5 hours ago
Listed by Karl Vierling, (812) 202-1646
Carpenter, REALTORS®
Bought with: Ray Stuck, (317) 409-0965, HomeXpert, Ray Stuck & Co.
Source: MIBOR as distributed by MLS GRID, MLS#22095582

Price History for 1243 E Thompson Rd

DatePriceEventSource
05/19/2026$164,900Sold
MIBOR as distributed by MLS GRID #22095582
04/22/2026$164,900PendingMIBOR as distributed by MLS GRID #22095582
04/16/2026$164,900Listed For SaleMIBOR as distributed by MLS GRID #22095582

Market trends in Indianapolis

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$238K
$16.58KMoM
Sale-to-List Price
98.7%
0.4%MoM
Price per sq ft
$141
$7MoM
Available listings
3812
187MoM
Skip to last item
  • Results are loading
Skip to first item

Property Tax and Assessment

Year2025
Tax$2,823
Assessment$138,100
Home facts updated by county records

Comparable Sales for 1243 E Thompson Rd

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1229 E Thompson Rd, Indianapolis, IN
0.01
Single-Family Home
$172,000
05/22/26
2
1
2,344
1251 E Thompson Rd, Indianapolis, IN
0.01
Single-Family Home
$175,000
05/29/26
3
1
2,536
1223 E Thompson Rd, Indianapolis, IN
0.02
Single-Family Home
$170,000
05/19/26
3
2
3,071
849 E Elbert St, Indianapolis, IN
0.34
Single-Family Home
$150,000
12/26/25
3
1
1,172
915 Morgan Dr, Indianapolis, IN
0.47
Single-Family Home
$150,000
09/30/25
2
1
1,577
4941 Mathews Ave, Indianapolis, IN
0.26
Single-Family Home
$95,000
07/18/25
2
1
907
1625 E Thompson Rd, Indianapolis, IN
0.27
Single-Family Home
$175,000
01/27/26
3
2
2,402
5606 Shelby St, Indianapolis, IN
0.68
Single-Family Home
$165,000
02/13/26
2
1
2,334

Nearby homes

Get a sense of prices in the area by checking nearby homes.
Skip to last item
Skip to first item

Assigned Schools

These are the assigned schools for 1243 E Thompson Rd.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Edgewood
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Edgewood

At least 57 Trulia users voted on each feature.

  • 84 % Say car is needed

  • 81 % Say parking is easy

  • 77 % Say yards are well-kept

  • 74 % Say it's dog friendly

  • 68 % Say there's holiday spirit

  • 65 % Say kids play outside

  • 61 % Say people would walk alone at night

  • 57 % Say neighbors are friendly

  • 56 % Say it's quiet

  • 54 % Say they plan to stay for at least 5 years

  • 52 % Say it's walkable to grocery stores

  • 51 % Say there's wildlife

  • 42 % Say streets are well-lit

  • 41 % Say it's walkable to restaurants

  • 40 % Say there are sidewalks

  • 22 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Joseph.moellman
    "Community events where everyone feels welcome and contributes to a wonderful and safe neighborhood. "
    0
    Flag
  • Scott Martin
    "49 yrs seen its ups and downs but all in all. The lack of apartments in the area has help tremendously over the years. "
    2
    Flag
  • Trulia User
    "It all depends on the street you live on. Part of E. Thompson Rd, between Madison Ave & US-31, has a couple of apt. complexes & a long-stay motel rampant with crime & drug use. There are addicts panhandling in the intersections and as pedestrians, often seen talking outloud to nobody, fighting, or just passed out in a random lawn. the motel next to Red Lobster and then the one across the street from there, on 31 next to Taco Bell, are the worst. Many of the other areas of North Perry are actually still quite nice with good families that keep up their yards and keep to themselves for the most part."
    0
    Flag
  • Trulia User
    "it's just close to everything and I see busses all of the time so I know they are easily accessible. "
    0
    Flag
  • Nicole R.
    "I’ve lived in this neighborhood for two years and my grandparents have for at least 15 years. It’s always been a nice and friendly neighborhood with some very busy streets. "
    12
    Flag
  • Ekey9817
    "the people here are very social and friendly. The neighborhood looks nice and is a great area to go on walks with your family."
    6
    Flag
  • Tiffany N.
    "Southport is an amazing place to live altogether. :) I love it here. Good people, quiet and pretty. Nice homes and landscaping. "
    4
    Flag
  • Katie W.
    "u see people walking their dogs all the time.people r very forgiving when dogs have little accident and the owner clean it up."
    0
    Flag
  • Griffind1121
    "There are a bunch of people that have dogs around my neighborhood and even a small dog park in my apartment complex that people are often at "
    1
    Flag
  • Legacymonica
    "They would like half of the other dogs. Half are friendly, half are aggressive. No pet vaccination records are required so that’s not good. "
    0
    Flag
  • Neb2210
    "It is a family-friendly neighborhood, most homes are well-kept, and the location is convenient for work in shopping. It is a great place to raise a family, in the church across the street has a nice playground where younger children can enjoy swings and slides, and have fun. property values have appreciated substantially since we moved here, And our family has always felt safe in the Rosedale Hills addition."
    12
    Flag
  • Discorsi B.
    "Low crime, many parks, overall seems like the people who live here are out to do no harm. there are a lot of shops to go to in this area, and it seems like there are more moving in."
    1
    Flag
  • Jordansmommy52814
    "everyone one around . we know all of them for the most part. nice and quite area. never any disturbance "
    1
    Flag
  • lunacoyo
    "We bought our home on Loretta Drive in Sept 2011. We love the very large lots - and the easy access to I-65. We are super close to downtown, to Greenwood, and to Southport. Very convenient location. But you can still find more land than most places. Our neighborhood is very quiet, somewhat older than we would have liked, but we like it very much!"
    0
    Flag

LGBTQ Local Legal Protections

Apartments for Rent

Skip to last item
Skip to first item

Explore by feature - Pet Friendly

1379 pet-friendly rentals in Indianapolis, IN

Explore by feature - Garage

583 rentals with a garage in Indianapolis, IN

Explore by feature - Air Conditioning

1246 rentals with air conditioning in Indianapolis, IN

Explore by feature - Pool

379 rentals with a pool in Indianapolis, IN

Explore by feature - Washer/dryer

1072 rentals with a washer/dryer in Indianapolis, IN

Explore by feature - Outdoor Space

303 rentals with an outdoor space in Indianapolis, IN

Homes for sale near 1243 E Thompson Rd

Skip to last item
Skip to first item

Off Market Homes Near 1243 E Thompson Rd

Skip to last item
Skip to first item
Based on information submitted to the MLS GRID as of 2026-07-07 11:33:10 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information