3720 E Thompson Rd, Indianapolis, IN 46237
OFF MARKET

3720 E Thompson Rd
Indianapolis, IN 46237

South Emerson
  • Studio

$231,200

Trulia Estimate
as of Aug 13, 2026
Est. Refi. Payment $1,454/mo*
Refinance Your Home

$231,200

Trulia Estimate
as of Aug 13, 2026
Est. Refi. Payment $1,454/mo*
Refinance Your Home
Studio
(on 0.89 acres)

Home Value

Trulia Estimate
$231K
Since last month
Increased$5K (+2%)
Since last year
Decreased$37K (-13.8%)
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 decreased by -14% in the last 10 years
MonthEstimated value
2026
August 2026$231K
July 2026$223K
June 2026$227K
May 2026$235K
April 2026$252K
March 2026$262K
February 2026$220K
January 2026$227K
2025
2024
2023

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
3905 Shelbyville Rd, Indianapolis, IN
0.20
Single-Family Home
$375,000
03/31/26
3
2
3,200
5106 S Lasalle St, Indianapolis, IN
0.27
Single-Family Home
$410,000
05/11/26
3
1
1,456
5015 Cordia Ct, Indianapolis, IN
0.11
Single-Family Home
$463,000
03/31/26
5
3.5
4,551
3510 Chamberlin Dr, Indianapolis, IN
0.31
Single-Family Home
$203,000
12/22/25
3
2
2,080
5039 Arling Ct, Indianapolis, IN
0.14
Single-Family Home
$360,000
12/29/25
4
3
3,212
5103 Rum Cherry Way, Indianapolis, IN
0.19
Single-Family Home
$335,000
09/30/25
3
2.5
3,264
5051 Arling Ct, Indianapolis, IN
0.16
Single-Family Home
$325,000
02/13/26
3
2.5
2,025
3638 Redfern Dr, Indianapolis, IN
0.45
Single-Family Home
$225,000
11/25/25
3
1.5
2,358
5162 Arling Dr, Indianapolis, IN
0.31
Single-Family Home
$335,000
07/20/26
3
2.5
2,016
5108 Arling Dr, Indianapolis, IN
0.21
Single-Family Home
$345,000
10/21/25
4
2.5
2,474

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
5015 Cordia Ct, Indianapolis, IN 46237
0.11
$463,000
5
3.5
4,551
Recently Sold
5027 Arling Ct, Indianapolis, IN 46237
0.12
$396,800
3
2.5
3,200
Off Market
5025 Cordia Ct, Indianapolis, IN 46237
0.14
$457,600
4
3.5
3,912
Off Market
5039 Arling Ct, Indianapolis, IN 46237
0.14
$360,000
4
3
3,212
Recently Sold
4906 S Sherman Dr, Indianapolis, IN 46237
0.10
$524,100
4
3.5
4,952
Off Market
5051 Arling Ct, Indianapolis, IN 46237
0.16
$325,000
3
2.5
2,025
Recently Sold
5103 Rum Cherry Way, Indianapolis, IN 46237
0.19
$336,700
3
2.5
3,264
Off Market
3905 Shelbyville Rd, Indianapolis, IN 46237
0.20
$375,000
3
2
3,200
Recently Sold
5113 Arling Dr, Indianapolis, IN 46237
0.21
$293,100
3
2
1,627
Off Market
Address Not Disclosed, Indianapolis, IN 46237
0.21
$345,000
4
2.5
2,474
Recently Sold
5126 Arling Ct, Indianapolis, IN 46237
0.25
$324,900
3
2.5
2,278
Off Market
5126 Arling Dr, Indianapolis, IN 46237
0.25
$331,900
3
2.5
2,272
Off Market

Local Information

  • Map ViewExplore the area around 3720 E Thompson Rd.
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1996
Lot Size
0.89 acres

About this House

This single-family home is located at 3720 E Thompson Rd, Indianapolis, IN. 3720 E Thompson Rd is in the South Emerson neighborhood in Indianapolis, IN and in ZIP code 46237. This property has a lot size of 0.89 acres and was built in 1996.
3720 E Thompson Rd, Indianapolis, IN 46237 is a studio single-family home in South Emerson, built in 1996. It is currently off market. The Trulia Estimate is $231,200, with a rent estimate of $1,816/month.

Home Details for 3720 E Thompson Rd

Interior Features

Heating & Cooling
Heating: GasHeating Fuel: Gas

Property Information

Year Built
Year Built: 1996
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 0.89 acres

Price and Tax history

YearProperty taxTax assessment
2025
$725
$32,200
Home facts updated by county records

Market trends in South Emerson

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$242K
Sale-to-List Price
99.9%
Price per sq ft
$155
Available listings
68
4MoM
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Around this home

Neighborhood Overview

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

What Locals Say about South Emerson

At least 85 Trulia users voted on each feature.

  • 91 % Say car is needed

  • 85 % Say parking is easy

  • 84 % Say kids play outside

  • 82 % Say it's dog friendly

  • 74 % Say yards are well-kept

  • 69 % Say there are sidewalks

  • 68 % Say there's holiday spirit

  • 62 % Say it's quiet

  • 50 % Say neighbors are friendly

  • 50 % Say people would walk alone at night

  • 45 % Say it's walkable to grocery stores

  • 42 % Say there's wildlife

  • 35 % Say it's walkable to restaurants

  • 33 % Say streets are well-lit

  • 33 % Say they plan to stay for at least 5 years

  • 18 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "there is great yard space to run and play and also tons of parks to take them for walks. "
    0
    Flag
  • Trulia User
    "Not a lot of strays. Lots of friendly dogs. Low speed limits. Most of the houses have big yards. Lots of neighborhoods to walk. "
    0
    Flag
  • Trulia User
    "I’ve lived in this beautiful neighborhood for 25 years, raised our sons here. Neighbors are friendly & keep an eye out for one another. Rarely do these homes go up for sale, so there isn’t much turnover. "
    6
    Flag
  • Lalcautergomez
    "Dogs are welcome, most of the neighborhood has dogs and people walks them all the time, and most if not all pick after them "
    1
    Flag
  • Hermelindo P.
    "There is safe to live in here and people are very friendly, so far is nice and calm, no problems with the neighborhood "
    3
    Flag
  • A
    "Some crime; petty theft/ break ins... weird people knock on your door sometimes. BUT management is really nice and the maintenance team is quick and efficient. "
    4
    Flag
  • Scissorhands_888
    "Small neighborhood with two streets to enter or exit. Low incidence of crime. Neighbors watch out for each other and communicate regularly."
    37
    Flag
  • Meddie D.
    "You see dog owners walking their dogs all the time and consistently looking out for each other's pets."
    2
    Flag
  • Dedra B.
    "great..good.. well festive... nice... non violent.. friendly... nice schools.... lots of restaurants.."
    2
    Flag
  • V
    "Schools in this area lack diversity. There are a few nice restaurants and lots of medical offices conveniently located."
    1
    Flag
  • Meddie D.
    "My neighborhood needs greater access to public transportation and better lighting for the streets. The traffic lights would do better with better synchronization."
    3
    Flag
  • Jahadley317
    "This is a great, quiet little area with good schools and easy access to downtown. It is a great place to start a family. Franklin township schools are the best in the city."
    1
    Flag
  • Donna S.
    "I am in a CDI Home Retirement Community. There are very good places to walk without having to get on busy roads. Convenient shopping and eating areas near Southport and also Beech Grove."
    2
    Flag

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Homes for sale near 3720 E Thompson Rd

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Off Market Homes Near 3720 E Thompson Rd

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Frequently asked questions about 3720 E Thompson Rd

  • What is 3720 E Thompson Rd estimated to be worth?
    Trulia's estimated value for 3720 E Thompson Rd in Indianapolis, IN is $231,200.
  • 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 $242K.
  • What do residents say about the South Emerson neighborhood?
    Residents describe the South Emerson neighborhood in Indianapolis, IN as easy to park in, dog-friendly, and well-kept. Most residents say you need a car. See recently sold homes in South Emerson, Indianapolis.
  • How big is the lot at 3720 E Thompson Rd?
    The lot at 3720 E Thompson Rd in Indianapolis, IN is about 0.89 acres (38,855 sq ft).