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

$163,000

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

1243 E Thompson Rd, Indianapolis, IN 46227

Edgewood
Est. Refi. Payment $1,080/mo*
Refinance Your Home
Currently Off Market - Sold May 19, 2026 for $164,900

Home Value

Trulia Estimate
$163K
Since last month
Decreased$3K (-1.5%)
Since last year
Increased$14K (+9.6%)
Since last sale
Decreased$2K (-1.3%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +99% in the last 10 years
MonthEstimated value
2026
September 2026$163K
August 2026$165K
July 2026$166K
June 2026$166K
May 2026$165K
April 2026$163K
March 2026$148K
February 2026$142K
January 2026$142K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
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
1238 E Thompson Rd, Indianapolis, IN
0.04
Single-Family Home
$93,000
08/11/26
2
1
1,785
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
2324 E Thompson Rd, Indianapolis, IN
0.71
Single-Family Home
$152,000
09/10/26
2
1
1,799
1625 E Thompson Rd, Indianapolis, IN
0.27
Single-Family Home
$175,000
01/27/26
3
2
2,402

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
1251 E Thompson Rd, Indianapolis, IN 46227
0.01
$175,000
3
1
2,536
Recently Sold
1229 E Thompson Rd, Indianapolis, IN 46227
0.01
$172,000
2
1
2,344
Recently Sold
1238 E Thompson Rd, Indianapolis, IN 46227
0.04
$93,000
2
1
1,785
Recently Sold
1262 E Thompson Rd, Indianapolis, IN 46227
0.06
$265,000
3
2
1,248
Recently Sold
1220 E Thompson Rd, Indianapolis, IN 46227
0.05
$241,200
4
3
-
Off Market
1253 E Morgan Dr, Indianapolis, IN 46227
0.14
$208,000
2
1
3,053
Off Market
1460 E Jasper St, Indianapolis, IN 46227
0.19
$172,200
2
1
1,848
Off Market
1440 E Elbert St, Indianapolis, IN 46227
0.18
$179,200
2
1
912
Off Market
4921 Mathews Ave, Indianapolis, IN 46227
0.23
$194,900
2
1
1,204
Off Market
4725 Mathews Ave, Indianapolis, IN 46227
0.22
$246,400
4
1.5
2,448
Off Market
4952 Mathews Ave, Indianapolis, IN 46227
0.25
$167,700
3
1
864
Off Market

Local Information

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

Home Highlights

Single-Family Home
Built in 1940
0.3 acre lot
1,920 sqft
$86/sqft
Garage

About this House

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. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $163,000, with a rent estimate of $1,448/month.
Last check for updates: about 2 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

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

Price and Tax history

DateEventPrice
May 19, 2026
Source: MIBOR as distributed by MLS GRID #22095582
Sold
$164,900
Apr 22, 2026
Source: MIBOR as distributed by MLS GRID #22095582
Pending
$164,900
Apr 16, 2026
Source: MIBOR as distributed by MLS GRID #22095582
Listed For Sale
$164,900

Market trends in Indianapolis

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$257K
$6.7KMoM
Sale-to-List Price
99.7%
0.1%MoM
Price per sq ft
$145
$1MoM
Available listings
4241
187MoM

Around this home

Neighborhood Overview

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

What Locals Say about Edgewood

At least 58 Trulia users voted on each feature.

  • 84 % Say car is needed

  • 81 % Say parking is easy

  • 78 % Say yards are well-kept

  • 74 % Say it's dog friendly

  • 69 % Say there's holiday spirit

  • 65 % Say kids play outside

  • 61 % Say people would walk alone at night

  • 57 % Say neighbors are friendly

  • 55 % Say they plan to stay for at least 5 years

  • 55 % Say it's quiet

  • 52 % Say it's walkable to grocery stores

  • 50 % Say there's wildlife

  • 42 % Say it's walkable to restaurants

  • 42 % Say streets are well-lit

  • 40 % Say there are sidewalks

  • 23 % 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

Based on information submitted to the MLS GRID as of 2026-09-18 11:38:13 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

Frequently asked questions about 1243 E Thompson Rd

  • What is 1243 E Thompson Rd estimated to be worth?
    Trulia's estimated value for 1243 E Thompson Rd in Indianapolis, IN is $163,000.
  • What is the price history for 1243 E Thompson Rd?
    1243 E Thompson Rd in Indianapolis, IN last sold for $164,900 in May 2026.
  • Is Indianapolis a buyer's or seller's market?
    Indianapolis is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Indianapolis?
    The median sale price in Indianapolis is $257K. That is up $6.7K from the prior month.
  • Does 1243 E Thompson Rd have air conditioning?
    Yes, 1243 E Thompson Rd in Indianapolis, IN has air conditioning.
  • How big is the lot at 1243 E Thompson Rd?
    The lot at 1243 E Thompson Rd in Indianapolis, IN is about 0.30 acres (13,068 sq ft).

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