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

4221 E Thompson Rd
Indianapolis, IN 46237

South Emerson
  • 3 Beds
  • 2 Baths
  • 1,896 sqft (on 0.47 acres)

$247,400

Trulia Estimate
as of Jul 25, 2026
Est. Refi. Payment $1,519/mo*

$247,400

Trulia Estimate
as of Jul 25, 2026
Est. Refi. Payment $1,519/mo*
3 Beds
2 Baths
1,896 sqft
(on 0.47 acres)

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

Property Type
Single-Family Home
Year Built
1964
Lot Size
0.47 acres
Living Area
1,896 sqft
Price/Sqft
$130
Parking
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. It is currently off market. The Trulia Estimate is $247,400, with a rent estimate of $1,822/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 PumpCooling System: OtherHeating 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 History for 4221 E Thompson Rd

DatePriceEventSource
08/14/2015$113,000Sold
MIBOR as distributed by MLS GRID #21360444
06/26/2015$114,000PendingAgent Provided
11/05/2014$114,000PriceChange
Agent Provided
07/16/2014$119,500PriceChange
Agent Provided
06/13/2014$125,000Listed For SaleAgent Provided
09/27/2010$108,500Sold
MIBOR as distributed by MLS GRID #21033398
08/19/2010$109,900Listed For SaleAgent Provided
07/29/2005$104,900Sold
MIBOR as distributed by MLS GRID #2461140

Market trends in Indianapolis

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$243K
$9.18K
MoM
Sale-to-List Price
99.2%
0.5%
MoM
Price per sq ft
$143
$3
MoM
Available listings
3885
69
MoM
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Property Tax and Assessment

Year2025
Tax$2,705
Assessment$226,300
Home facts updated by county records

Comparable Sales for 4221 E Thompson Rd

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.34
Single-Family Home
$180,500
06/18/26
3
2
1,456
0.07
Single-Family Home
$234,000
01/16/26
3
1
1,040
0.33
Single-Family Home
$160,000
08/04/25
4
2
3,268
0.34
Single-Family Home
$244,499
04/23/26
3
2
1,440
0.28
Single-Family Home
$257,900
10/15/25
2
2
1,810
0.54
Single-Family Home
$203,000
12/22/25
3
2
2,080
0.46
Single-Family Home
$263,000
10/14/25
3
2
1,494
0.24
Single-Family Home
$180,000
10/08/25
3
1.5
1,000
0.39
Single-Family Home
$235,000
11/12/25
3
1.5
1,711
0.55
Single-Family Home
$225,000
07/14/26
3
1.5
1,341

Nearby homes

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Assigned Schools

These are the assigned schools for 4221 E Thompson Rd.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

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

  • 44 % 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. "
  • 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. "
  • 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. "
  • 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 "
  • 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 "
  • 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. "
  • Scissorhands_888
    "Small neighborhood with two streets to enter or exit. Low incidence of crime. Neighbors watch out for each other and communicate regularly."
  • Meddie D.
    "You see dog owners walking their dogs all the time and consistently looking out for each other's pets."
  • Dedra B.
    "great..good.. well festive... nice... non violent.. friendly... nice schools.... lots of restaurants.."
  • V
    "Schools in this area lack diversity. There are a few nice restaurants and lots of medical offices conveniently located."
  • 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."
  • 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."
  • 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."

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Homes for sale near 4221 E Thompson Rd

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Off Market Homes Near 4221 E Thompson Rd

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