4040 E Thompson Rd, Indianapolis, IN 46237
OFF MARKET

$296,700

Tax assessed value
  • 4 Beds
  • 2 Baths
  • 1,861 sqft (on 1.98 acres)

4040 E Thompson Rd, Indianapolis, IN 46237

South Emerson

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

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
4813 E Thompson Rd, Indianapolis, IN
0.49
Single-Family Home
$315,000
07/23/26
4
2
2,238
4747 S Denny St, Indianapolis, IN
0.23
Single-Family Home
$342,000
08/17/26
4
2
3,268
3510 Chamberlin Dr, Indianapolis, IN
0.44
Single-Family Home
$203,000
12/22/25
3
2
2,080
4028 Oakfield Dr, Indianapolis, IN
0.31
Single-Family Home
$257,900
10/15/25
2
2
1,810
4124 Shelbyville Rd, Indianapolis, IN
0.09
Single-Family Home
$234,000
01/16/26
3
1
1,040
1618 Yazoo Dr, Beech Grove, IN
0.44
Single-Family Home
$189,800
02/18/26
4
1.5
1,700
4633 Shelbyville Rd, Indianapolis, IN
0.45
Single-Family Home
$180,500
06/18/26
3
2
1,456
5321 S Linwood Ave, Indianapolis, IN
0.44
Single-Family Home
$244,499
04/23/26
3
2
1,440
4330 N Dudley North Dr, Indianapolis, IN
0.57
Single-Family Home
$236,500
06/05/26
4
1.5
1,500

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
4117 E Thompson Rd, Indianapolis, IN 46237
0.05
$297,100
4
2
-
Off Market
4002 Shelbyville Rd, Indianapolis, IN 46237
0.10
$326,800
4
2.5
1,861
Off Market
4124 Shelbyville Rd, Indianapolis, IN 46237
0.09
$234,000
3
1
1,040
Recently Sold
3905 Shelbyville Rd, Indianapolis, IN 46237
0.20
$375,000
3
2
3,200
Recently Sold
4747 S Denny St, Indianapolis, IN 46237
0.23
$342,000
4
2
3,268
Recently Sold
5133 Gray Rd, Indianapolis, IN 46237
0.19
$1,350,000
-
-
-
For Sale
4312 Shelbyville Rd, Indianapolis, IN 46237
0.18
$197,400
3
1
912
Off Market
6866 Black Willow Ln, Brownsburg, IN 46112
0.21
$385,300
4
3
2,426
Off Market
5025 Cordia Ct, Indianapolis, IN 46237
0.26
$456,000
4
3.5
3,912
Off Market
5015 Cordia Ct, Indianapolis, IN 46237
0.27
$463,000
5
3.5
4,551
Recently Sold
4906 S Sherman Dr, Indianapolis, IN 46237
0.31
$519,400
4
3.5
4,952
Off Market
1717 S 9th Ave, Beech Grove, IN 46107
0.26
$213,000
4
-
1,407
Recently Sold

Homes for rent near 4040 E Thompson Rd

Skip to last item
Skip to first item

Local Information

  • Map ViewExplore the area around 4040 E Thompson Rd.
  • Schools3 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1976
1.98 acre lot
1,861 sqft
Garage

About this House

This single-family home is located at 4040 E Thompson Rd, Indianapolis, IN. 4040 E Thompson Rd is in the South Emerson neighborhood in Indianapolis, IN and in ZIP code 46237. This property has 4 bedrooms, 2 bathrooms and approximately 1,861 sqft of floor space. This property has a lot size of 1.98 acres and was built in 1976.
4040 E Thompson Rd, Indianapolis, IN 46237 is a 4 bedroom, 2 bathroom, 1,861 sqft single-family home in South Emerson, built in 1976. This property is not currently displayed as for sale or rent on Trulia.

Home Details for 4040 E Thompson Rd

Interior Features

Levels, Entrance, & Accessibility
Stories: 2
Interior Details
Number of Rooms: 10Types of Rooms: Family Room
Heating & Cooling
Air ConditioningCooling System: Central
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: AsphaltFoundation Type: Crawl Raised
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1976
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 1.98 acres

Price and Tax history

YearProperty taxTax assessment
2023Unavailable
$296,700
Home facts updated by county records

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

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

LGBTQ Local Legal Protections

Frequently asked questions about 4040 E Thompson Rd

  • 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.
  • 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.
  • What are the closest schools to 4040 E Thompson Rd?
    The closest schools to 4040 E Thompson Rd in Indianapolis, IN are Jeremiah Gray Kindergarten (Elementary), Jeremiah Gray-Edison Elementary School (rated 4/10), Southport 6th Grade Academy (Elementary/Middle, rated 4/10).
  • Does 4040 E Thompson Rd have air conditioning?
    Yes, 4040 E Thompson Rd in Indianapolis, IN has air conditioning.
  • How big is the lot at 4040 E Thompson Rd?
    The lot at 4040 E Thompson Rd in Indianapolis, IN is about 2 acres.

Explore by feature - Pet Friendly

1584 pet-friendly rentals in Indianapolis, IN

Explore by feature - Garage

759 rentals with a garage in Indianapolis, IN

Explore by feature - Air Conditioning

1394 rentals with air conditioning in Indianapolis, IN

Explore by feature - Pool

400 rentals with a pool in Indianapolis, IN

Explore by feature - Washer/dryer

1248 rentals with a washer/dryer in Indianapolis, IN

Explore by feature - Outdoor Space

408 rentals with an outdoor space in Indianapolis, IN

Apartments for Rent

Skip to last item
Skip to first item

Off Market Homes Near 4040 E Thompson Rd

Skip to last item
Skip to first item

Homes for sale near 4040 E Thompson Rd

Skip to last item
Skip to first item
Skip to last item
  • Results are loading
Skip to first item