4117 E Thompson Rd, Indianapolis, IN 46237
Property image
Property image
OFF MARKET

$296,700

Trulia Estimate
  • 4 Beds
  • 2 Baths

4117 E Thompson Rd, Indianapolis, IN 46237

South Emerson
Est. Refi. Payment $1,840/mo*
Refinance Your Home
Currently Off Market - Sold Oct 10, 2023 for $267,000

Home Value

Trulia Estimate
$297K
Since last month
Increased$2K (+0.8%)
Since last year
Increased$9K (+3.1%)
Since last sale
Increased$30K (+11.1%)
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 +78% in the last 10 years
MonthEstimated value
2026
August 2026$297K
July 2026$294K
June 2026$296K
May 2026$296K
April 2026$295K
March 2026$289K
February 2026$290K
January 2026$288K
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
2751 E Midland Rd, Indianapolis, IN
0.96
Multi-Family Home
$265,000
08/10/26
5
4
-
5703 S Kealing Ave, Indianapolis, IN
0.76
Multi-Family Home
$281,400
05/11/26
2
1
-
1637 Lawrence Ave, Indianapolis, IN
1.91
Multi-Family Home
$315,000
07/10/26
4
4
-
3302 Alice Ave, Indianapolis, IN
1.97
Multi-Family Home
$205,000
04/22/26
4
2
-
2201 Main St, Beech Grove, IN
1.98
Multi-Family Home
$195,000
08/04/26
4
2
-
1105 E Mills Ave, Indianapolis, IN
2.38
Multi-Family Home
$220,000
09/26/25
4
2
-
3412 S Oxford St, Indianapolis, IN
1.87
Multi-Family Home
$150,900
09/05/25
2
-
1338 Norton Ave, Indianapolis, IN
2.46
Multi-Family Home
$196,000
08/17/26
4
2
-
955 E Mills Ave, Indianapolis, IN
2.55
Multi-Family Home
$220,000
08/14/26
4
4
-
1701 E Southern Ave, Beech Grove, IN
2.54
Multi-Family Home
$180,000
01/29/26
4
2
-

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
4124 Shelbyville Rd, Indianapolis, IN 46237
0.04
$234,000
3
1
1,040
Recently Sold
4002 Shelbyville Rd, Indianapolis, IN 46237
0.10
$329,900
4
2.5
1,861
Off Market
5133 Gray Rd, Indianapolis, IN 46237
0.14
$1,350,000
-
-
-
For Sale
6866 Black Willow Ln, Brownsburg, IN 46112
0.16
$388,300
4
3
2,426
Off Market
3905 Shelbyville Rd, Indianapolis, IN 46237
0.18
$375,000
3
2
3,200
Recently Sold
4312 Shelbyville Rd, Indianapolis, IN 46237
0.15
$197,300
3
1
912
Off Market
5025 Cordia Ct, Indianapolis, IN 46237
0.24
$454,700
4
3.5
3,912
Off Market
5015 Cordia Ct, Indianapolis, IN 46237
0.26
$463,000
5
3.5
4,551
Recently Sold
3954 Oak Harbor Ln, Indianapolis, IN 46237
0.26
$268,700
2
2
1,561
Off Market
4028 Oakfield Dr, Indianapolis, IN 46237
0.26
$258,700
2
2
1,810
Off Market
4002 Oakfield Dr, Indianapolis, IN 46237
0.26
$276,800
2
2
1,772
Off Market

Local Information

  • Map ViewExplore the area around 4117 E Thompson Rd.
  • Schools3 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1980
Lot Size
0.65 acres
Parking
2 Car Garage

About this House

Perry Township full brick duplex has been recently updated. One side is an oversized bedrooms/1 bath, large kitchen and living room and includes an attached 2 car garage. and the The other side has 2 bedrooms/1 bath and a mini barn for storage. Both sides are currently vacant so an owner pccupant could live in one side and rent out the other or an investor could just enjoy great cash flow. Market rents are $1200 and $1000 so over $26k per year potential rent!
4117 E Thompson Rd, Indianapolis, IN 46237 is a 4 bedroom, 2 bathroom multi-family in South Emerson, built in 1980. It last sold for $267,000 on Oct 10, 2023 (1% above the $265,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $296,700, with a rent estimate of $1,502/month.
Last check for updates: about 13 hours ago
Listed by Charlene Gaard
No Limit Real Estate, LLC
Bought with: Tyler Lingle, @properties
Source: MIBOR as distributed by MLS GRID, MLS#21939046

Home Details for 4117 E Thompson Rd

Active Status

MLS Status: Sold

Interior Features

Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 2
Appliances & Utilities
Laundry: Connections All
Heating & Cooling
Has Cooling
Levels, Entrance, & Accessibility
Stories: 1Levels: One

Exterior Features

Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Other Parking: Unit Parking(Parking Garage, 2 Car Space, Unpaved)No CarportHas an Attached GarageParking Spaces: 2Parking: Attached
Frontage
Road Frontage: Street Cuts

Days on Market

Cumulative Days on Market: 5

Property Information

Year Built
Year Built: 1980
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family, DuplexStructure Type: DuplexArchitecture: Ranch
Building
Construction Materials: BrickNot a New ConstructionNo Additional Parcels
Property Information
Parcel Number: 491504100002000500

Price & Status

Price
List Price: $265,000
Status Change & Dates
Off Market Date: Fri Aug 25 2023Possession Timing: Close Of Escrow

Location

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

Lot Information

Lot Area: 0.65 acres

Miscellaneous

Mls Number: 21939046

Price and Tax history

DateEventPrice
Oct 10, 2023
Source: MIBOR as distributed by MLS GRID #21939046
Sold
$267,000
Aug 25, 2023
Source: MIBOR as distributed by MLS GRID #21939046
Pending
$265,000
Aug 21, 2023
Source: MIBOR as distributed by MLS GRID #21939046
Listed For Sale
$265,000
Jun 1, 2010
Source: N/A
Sold
$100,000

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

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

Based on information submitted to the MLS GRID as of 2026-08-29 23:43:07 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 4117 E Thompson Rd

  • What is 4117 E Thompson Rd estimated to be worth?
    Trulia's estimated value for 4117 E Thompson Rd in Indianapolis, IN is $296,700.
  • What is the price history for 4117 E Thompson Rd?
    4117 E Thompson Rd in Indianapolis, IN last sold for $267,000 in October 2023.
  • 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.
  • Does 4117 E Thompson Rd have air conditioning?
    Yes, 4117 E Thompson Rd in Indianapolis, IN has air conditioning.
  • Does 4117 E Thompson Rd have laundry facilities?
    Yes, 4117 E Thompson Rd in Indianapolis, IN has laundry facilities.

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Off Market Homes Near 4117 E Thompson Rd

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