4221 E Thompson Rd, Indianapolis, IN 46237
Property image
Property image
OFF MARKET

$236,000

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,896 sqft (on 0.47 acres)

4221 E Thompson Rd, Indianapolis, IN 46237

South Emerson
Est. Refi. Payment $1,535/mo*
Refinance Your Home
Currently Off Market - Sold Aug 14, 2015 for $113,000

Home Value

Trulia Estimate
$236K
Since last month
Decreased$5K (-2%)
Since last year
Decreased$9K (-3.6%)
Since last sale
Increased$122K (+108.1%)
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 +93% in the last 10 years
MonthEstimated value
2026
September 2026$235K
August 2026$240K
July 2026$246K
June 2026$249K
May 2026$250K
April 2026$246K
March 2026$241K
February 2026$240K
January 2026$236K
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
4633 Shelbyville Rd, Indianapolis, IN
0.34
Single-Family Home
$180,500
06/18/26
3
2
1,456
4124 Shelbyville Rd, Indianapolis, IN
0.07
Single-Family Home
$234,000
01/16/26
3
1
1,040
5321 S Linwood Ave, Indianapolis, IN
0.34
Single-Family Home
$244,499
04/23/26
3
2
1,440
4028 Oakfield Dr, Indianapolis, IN
0.28
Single-Family Home
$257,900
10/15/25
2
2
1,810
3510 Chamberlin Dr, Indianapolis, IN
0.54
Single-Family Home
$203,000
12/22/25
3
2
2,080
4430 Dudley North Dr, Indianapolis, IN
0.49
Single-Family Home
$200,000
07/31/26
3
1.5
2,112
4109 E Epler Ave, Indianapolis, IN
0.46
Single-Family Home
$263,000
10/14/25
3
2
1,494
1615 S 9th Ave, Beech Grove, IN
0.24
Single-Family Home
$180,000
10/08/25
3
1.5
1,000
2 Oakmont Ct, Beech Grove, IN
0.39
Single-Family Home
$235,000
11/12/25
3
1.5
1,711
5120 S Bancroft St, Indianapolis, IN
0.55
Single-Family Home
$225,000
07/14/26
3
1.5
1,341

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
0.07
$234,000
3
1
1,040
Recently Sold
4117 E Thompson Rd, Indianapolis, IN 46237
0.09
$297,100
4
2
-
Off Market
4312 Shelbyville Rd, Indianapolis, IN 46237
0.08
$197,400
3
1
912
Off Market
5133 Gray Rd, Indianapolis, IN 46237
0.16
$1,350,000
-
-
-
For Sale
4002 Shelbyville Rd, Indianapolis, IN 46237
0.19
$326,800
4
2.5
1,861
Off Market
1717 S 9th Ave, Beech Grove, IN 46107
0.19
$213,000
4
-
1,407
Recently Sold
6866 Black Willow Ln, Brownsburg, IN 46112
0.20
$385,300
4
3
2,426
Off Market
1701 S 9th Ave, Beech Grove, IN 46107
0.21
$187,000
2
1
1,299
Recently Sold
1615 S 9th Ave, Beech Grove, IN 46107
0.24
$180,600
3
1.5
1,000
Off Market
25 Angela Ct, Beech Grove, IN 46107
0.25
$220,200
3
1
1,025
Off Market
3905 Shelbyville Rd, Indianapolis, IN 46237
0.27
$375,000
3
2
3,200
Recently Sold
801 Andrea Dr, Beech Grove, IN 46107
0.27
$184,000
3
1
1,133
Recently Sold

Local Information

  • Map ViewExplore the area around 4221 E Thompson Rd.
  • Schools3 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1964
0.47 acre lot
1,896 sqft
$124/sqft
Garage

About this House

Best Of Both Worlds! Solid Construction, Classic Newly Refinished Wood Floors, And Large Fenced Yard Like The Good Old Days, With All The Important Updates Like A Newer Ac, Water Heater, Garage Door, Roof And Energy Efficient Windows. Great Places To Relax Like A Jetted Tub, Family Room, And Play Areas Inside And Out. Perfect Layout With Few Stairs But Almost 1900sf!
4221 E Thompson Rd, Indianapolis, IN 46237 is a 3 bedroom, 2 bathroom, 1,896 sqft single-family home in South Emerson, built in 1964. It last sold for $113,000 on Aug 14, 2015. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $236,000, with a rent estimate of $1,880/month.

Home Details for 4221 E Thompson Rd

Interior Features

Interior Details
BasementNumber of Rooms: 8Types of Rooms: Dining Room, Family Room, Laundry Room
Heating & Cooling
Heating: Forced Air, Heat PumpHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Floors: Tile, Carpet, Hardwood, Laminate

Exterior Features

Exterior Home Features
Roof: OtherExterior: VinylFoundation Type: Crawl Raised
Parking & Garage
GarageParking Space: 1Parking: Garage Attached

Property Information

Year Built
Year Built: 1964Year Updated: 1964
Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Community

Units in Building: 1

Lot Information

Lot Area: 0.47 acres

Price and Tax history

DateEventPrice
Aug 14, 2015
Source: MIBOR as distributed by MLS GRID #21360444
Sold
$113,000
Jun 26, 2015
Source: Agent Provided
Pending
$114,000
Nov 5, 2014
Source: Agent Provided
PriceChange
$114,000
Price decreased by 5%
Jul 16, 2014
Source: Agent Provided
PriceChange
$119,500
Price decreased by 4%
Jun 13, 2014
Source: Agent Provided
Listed For Sale
$125,000

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 4221 E Thompson Rd

  • What is 4221 E Thompson Rd estimated to be worth?
    Trulia's estimated value for 4221 E Thompson Rd in Indianapolis, IN is $236,000.
  • What is the price history for 4221 E Thompson Rd?
    4221 E Thompson Rd in Indianapolis, IN last sold for $113,000 in August 2015.
  • 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 4221 E Thompson Rd have laundry facilities?
    Yes, 4221 E Thompson Rd in Indianapolis, IN has laundry facilities.
  • How big is the lot at 4221 E Thompson Rd?
    The lot at 4221 E Thompson Rd in Indianapolis, IN is about 0.47 acres (20,430 sq ft).

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Off Market Homes Near 4221 E Thompson Rd

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