331 E Thompson Rd
Indianapolis, IN 46227
Southdale- 2 Beds
- 1 Bath
- 1,287 sqft (on 0.87 acres)
$156,400
as of Aug 17, 2026
$156,400
as of Aug 17, 2026
2 Beds
1 Bath
1,287 sqft
(on 0.87 acres)
Home Value
Trulia Estimate
$156KSince last month
Decreased$3K (-2%)Since last year
Decreased$10K (-6%)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 +112% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $157K |
| July 2026 | $161K |
| June 2026 | $161K |
| May 2026 | $165K |
| April 2026 | $155K |
| March 2026 | $167K |
| February 2026 | $165K |
| January 2026 | $158K |
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 |
|---|---|---|---|---|---|---|---|
0.08 | Single-Family Home | $85,900 | 12/12/25 | 2 | 1 | 1,530 | |
0.52 | Single-Family Home | $240,000 | 07/10/26 | 2 | 1 | 1,788 | |
0.49 | Single-Family Home | $150,000 | 09/30/25 | 2 | 1 | 1,577 | |
0.61 | Single-Family Home | $170,000 | 09/22/25 | 2 | 1 | 1,172 | |
0.50 | Single-Family Home | $191,000 | 08/18/25 | 2 | 1 | 888 | |
0.26 | Single-Family Home | $254,000 | 06/03/26 | 3 | 2 | 1,340 | |
0.17 | Single-Family Home | $269,900 | 05/07/26 | 3 | 2 | 2,184 | |
0.55 | Single-Family Home | $200,000 | 05/22/26 | 2 | 1 | 1,968 | |
0.37 | Single-Family Home | $198,000 | 06/08/26 | 3 | 1 | 2,100 | |
0.43 | Single-Family Home | $289,000 | 01/06/26 | 3 | 2 | 1,658 |
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 |
|---|---|---|---|---|---|---|
0.09 | $283,500 | 3 | 1.5 | 1,630 | Off Market | |
0.11 | $283,900 | 3 | 1 | 2,504 | Off Market | |
0.13 | $262,800 | 4 | 2 | 3,058 | Off Market | |
0.13 | $299,000 | - | - | - | For Sale | |
0.17 | $269,900 | 3 | 2 | 2,184 | Recently Sold | |
0.16 | $241,100 | 2 | 1 | 1,625 | Off Market | |
0.18 | $218,300 | 2 | 1 | 1,420 | Off Market | |
0.18 | $205,000 | 2 | 2 | 1,069 | Recently Sold | |
0.18 | $229,999 | 3 | 2 | 1,556 | Recently Sold | |
0.20 | $217,000 | 2 | 2 | 1,310 | Recently Sold | |
0.19 | $284,800 | 3 | 2 | 1,320 | Off Market | |
0.23 | $222,500 | 2 | 2 | 1,266 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1923
Lot Size
0.87 acres
Living Area
1,287 sqft
Price/Sqft
$122
Parking
Garage
About this House
This single-family home is located at 331 E Thompson Rd, Indianapolis, IN. 331 E Thompson Rd is in the Southdale neighborhood in Indianapolis, IN and in ZIP code 46227. This property has 2 bedrooms, 1 bathroom and approximately 1,287 sqft of floor space. This property has a lot size of 0.87 acres and was built in 1923.
331 E Thompson Rd, Indianapolis, IN 46227 is a 2 bedroom, 1 bathroom, 1,287 sqft single-family home in Southdale, built in 1923. More recently, it was listed as a rental in August 2020 with an asking price of $800 per month. That rental listing was removed on August 19, 2020. It is currently off market. The Trulia Estimate is $156,400, with a rent estimate of $1,307/month.
Home Details for 331 E Thompson Rd
|
|---|
Interior Details BasementNumber of Rooms: 6Types of Rooms: Dining Room |
Heating & Cooling Heating: Forced Air, Electric, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 1Floors: Laminate |
Appliances & Utilities Refrigerator |
|
|---|
Exterior Home Features Roof: AsphaltExterior: VinylFoundation Type: Crawl Raised |
Parking & Garage GarageParking: None, Garage |
|
|---|
Year Built Year Built: 1923Year Updated: 1923 |
Property Type / Style Property Type: Single Family HomeArchitecture: Bungalow |
|
|---|
Units in Building: 1 |
|
|---|
Lot Area: 0.87 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 19, 2020 Source: Agent Provided | ListingRemoved | $800 |
Aug 6, 2020 Source: Agent Provided | Listed For Rent | $800 |
May 8, 2019 Source: Agent Provided | ListingRemoved | $800 |
May 3, 2019 Source: Agent Provided | Listed For Rent | $800 |
Apr 8, 2014 Source: Agent Provided | ListingRemoved | $700 |
Mar 18, 2014 Source: Agent Provided | Listed For Rent | $700 |
Aug 15, 2008 Source: Agent Provided | ListingRemoved | $950,000 |
May 15, 2008 Source: Agent Provided | Listed For Sale | $950,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $2,950 | $128,300 |
Home facts updated by county records
Market trends in Indianapolis
Last updated July 2026
Avg. sale price
$251K
$10KMoM
Sale-to-List Price
99.6%
0.3%MoM
Price per sq ft
$145
$3MoM
Available listings
4043
154MoM
Around this home
What Locals Say about Southdale
At least 44 Trulia users voted on each feature.
95 % Say car is needed
82 % Say it's dog friendly
80 % Say parking is easy
79 % Say yards are well-kept
78 % Say there's holiday spirit
74 % Say kids play outside
57 % Say there are sidewalks
53 % Say it's quiet
53 % Say they plan to stay for at least 5 years
52 % Say people would walk alone at night
43 % Say there's wildlife
42 % Say neighbors are friendly
34 % Say streets are well-lit
30 % Say it's walkable to grocery stores
27 % Say it's walkable to restaurants
19 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Apartments for Rent
Homes for sale near 331 E Thompson Rd
Off Market Homes Near 331 E Thompson Rd
Frequently asked questions about 331 E Thompson Rd
- What is 331 E Thompson Rd estimated to be worth?Trulia's estimated value for 331 E Thompson Rd in Indianapolis, IN is $156,400.
- 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 $251K. That is up $10K from the prior month.
- What do residents say about the Southdale neighborhood?Residents describe the Southdale neighborhood in Indianapolis, IN as dog-friendly, easy to park in, and well-kept. Most residents say you need a car. See recently sold homes in Southdale, Indianapolis.
- Does 331 E Thompson Rd have air conditioning?Yes, 331 E Thompson Rd in Indianapolis, IN has air conditioning.
- How big is the lot at 331 E Thompson Rd?The lot at 331 E Thompson Rd in Indianapolis, IN is about 0.87 acres (37,897 sq ft).

