Is a car needed in South Emerson, Indianapolis, IN?

As of early 2026, 91% of users say car is needed

Is parking easy in South Emerson, Indianapolis, IN?

As of early 2026, 85% of users say parking is easy

Do kids play outside in South Emerson, Indianapolis, IN?

As of early 2026, 84% of users say kids play outside

Is South Emerson, Indianapolis, IN dog-friendly?

As of early 2026, 82% of users say it's dog friendly

Are yards well-kept in South Emerson, Indianapolis, IN?

As of early 2026, 74% of users say yards are well-kept

Does South Emerson, Indianapolis, IN have sidewalks?

As of early 2026, 69% of users say there are sidewalks

Does South Emerson, Indianapolis, IN show holiday spirit?

As of early 2026, 68% of users say there's holiday spirit

Is South Emerson, Indianapolis, IN quiet?

As of early 2026, 62% of users say it's quiet

Are neighbors friendly in South Emerson, Indianapolis, IN?

As of early 2026, 50% of users say neighbors are friendly

Would people walk alone at night in South Emerson, Indianapolis, IN?

As of early 2026, 50% of users say people would walk alone at night

Is South Emerson, Indianapolis, IN walkable to grocery stores?

As of early 2026, 44% of users say it's walkable to grocery stores

Is there wildlife in South Emerson, Indianapolis, IN?

As of early 2026, 42% of users say there's wildlife

Is South Emerson, Indianapolis, IN walkable to restaurants?

As of early 2026, 35% of users say it's walkable to restaurants

Are the streets well-lit in South Emerson, Indianapolis, IN?

As of early 2026, 33% of users say streets are well-lit

Do residents of South Emerson, Indianapolis, IN plan to stay at least 5 years?

As of early 2026, 33% of users say they plan to stay for at least 5 years

Are there community events in South Emerson, Indianapolis, IN?

As of early 2026, 18% of users say there are community events

FOR SALE

3D VIEW

0.49 ACRES

4231 E Thompson Rd
Indianapolis, IN 46237

South Emerson

4 Beds
1.5 Baths
1,800 sqft (on 0.49 acres)

$219,900

Est. Mortgage $1,348/mo*

Get Pre-Qualified

$219,900

Est. Mortgage $1,348/mo*

Get Pre-Qualified

4 Beds

1.5 Baths

1,800 sqft

(on 0.49 acres)

We estimate this home will sell faster than 95% nearby.

Local Information

Map ViewExplore the area around 4231 E Thompson Rd.
Schools3 Elementary Schools2 Middle Schools1 High School
Shop & Eat

-- mins to

Commute Destination

Description

Well-located mid-century home in the established South Emerson area offering convenience, space, and accessibility. This residence features a functional layout with comfortable living areas designed for everyday use. The main living space provides a welcoming flow into the dining area and kitchen, creating an efficient floor plan for both daily living and entertaining. Bedrooms are well-proportioned with adequate storage. A masonry fireplace adds character to the living area. Exterior includes a spacious lot with mature surroundings and off-street parking potential. Conveniently located near shopping, dining, schools, and major commuter routes including I-465 and I-70, this property offers strong accessibility and long-term potential in a well-established Indianapolis neighborhood.

We estimate this home will sell faster than 95% nearby.

Home Highlights

Parking

Garage

Outdoor

Deck

A/C

Heating & Cooling

HOA

None

Price/Sqft

$122

Listed

11 days ago

Home Details for 4231 E Thompson Rd

Active Status
MLS Status: Active

Interior Features
Interior Details Basement: FinishedNumber of Rooms: 7Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Dining Room, Kitchen, Living Room
Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (half): 1
Dimensions and Layout Living Area: 1800 Square Feet
Appliances & Utilities Appliances: Gas Water Heater, Water Heater, Refrigerator, Range HoodRefrigerator
Heating & Cooling Heating: Forced Air,Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa Number of Fireplaces: 1Fireplace: Wood Burning, Masonry, Living RoomHas a Fireplace
Gas & Electric Electric: Circuit Breakers
Windows, Doors, Floors & Walls Window: Wood Work Stained
Levels, Entrance, & Accessibility Stories: 1Levels: Tri-Level, One
View Has a ViewView: Trees/Woods
Security Security: Smoke Detector(s)

Exterior Features
Exterior Home Features Patio / Porch: DeckFoundation: Crawl Space
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageNo Attached GarageParking Spaces: 2Parking: Detached
Farm & Range Horse Amenities: None

Days on Market
Cumulative Days on Market: 1Days on Market: 11

Property Information
Year Built Year Built: 1964
Property Type / Style Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Traditional
Building Construction Materials: Brick, Vinyl SidingNot a New ConstructionNot Attached Property
Property Information Parcel Number: 491504100027000500

Price & Status
Price List Price: $219,900Price Per Sqft: $122
Status Change & Dates Possession Timing: Close Of Escrow

Media
See Virtual Tour

Location
Direction & Address City: IndianapolisCommunity: No Subdivision
School Information Elementary School: Jeremiah Gray Elementary SchoolHigh School: Southport High SchoolHigh School District: Perry Township Schools

Agent Information
Listing Agent Listing ID: 22097248

Building
Building Area Building Area: 1800 Square Feet

HOA
No HOA

Lot Information
Lot Area: 0.49 acres

Miscellaneous
BasementMls Number: 22097248

Last check for updates: about 9 hours ago

Listing Provided by: Isabella Frazier, (984) 370-6886

Trelora Realty

Source: MIBOR as distributed by MLS GRID, MLS#22097248

Also Listed on MIBOR as distributed by MLS GRID.

Market trends in Indianapolis

Last updated May 2026

Avg. sale price

$238K

$16.58KMoM

Sale-to-List Price

98.7%

0.4%MoM

Price per sq ft

$141

$7MoM

Available listings

3812

187MoM

Price History for 4231 E Thompson Rd

Date	Price	Event	Source
06/18/2026	$219,900	Listed For Sale	MIBOR as distributed by MLS GRID #22097248

12/13/2023		ListingRemoved	Zillow Rentals

11/30/2023	$1,450	Listed For Rent	Zillow Rentals

01/27/2022		ListingRemoved	Zillow Rental Manager

01/12/2022	$1,325	PriceChange	Zillow Rental Manager
Price Change $250 (-16%)
11/24/2021	$1,575	Listed For Rent	Zillow Rental Manager

12/02/2020	$1,349	ListingRemoved	Agent Provided

11/10/2020	$1,349	Listed For Rent	Agent Provided

09/24/2019	$1,200	ListingRemoved	Agent Provided

09/16/2019	$1,200	PriceChange	Agent Provided
Price Change $75 (-6%)
08/28/2019	$1,275	Listed For Rent	Agent Provided

01/10/2017	$128,496	Sold	N/A
Recording Date 01/10/2017 Contract Date 10/26/2016 County Transfer Tax N/A Total Transfer Tax N/A
02/20/2015	$1,200	ListingRemoved	Agent Provided

12/28/2014	$1,200	Listed For Rent	Agent Provided

07/10/2014	$66,100	Sold	N/A
Recording Date 07/10/2014 Contract Date 07/02/2014 County Transfer Tax N/A Total Transfer Tax N/A
06/11/2014	$69,000	Pending	Agent Provided

06/05/2014	$69,000	PriceChange	Agent Provided
Price Change $4,000 (-5%)
05/06/2014	$73,000	PriceChange	Agent Provided
Price Change $2,000 (-3%)
03/04/2014	$75,000	Listed For Sale	Agent Provided

07/13/2012	$59,000	Sold	MIBOR as distributed by MLS GRID #21178767
Recording Date 07/13/2012 County Transfer Tax N/A Total Transfer Tax N/A
05/26/2012	$64,890	PriceChange	Agent Provided
Price Change $64,890 (0%)
05/19/2012	$0	Listed For Sale	Agent Provided

04/27/2012	$153,147	Sold	N/A
Recording Date 04/27/2012 Contract Date 04/23/2012 County Transfer Tax N/A Total Transfer Tax N/A
11/09/2006	$87,900	Sold	MIBOR as distributed by MLS GRID #2643813
Recording Date 11/09/2006 County Transfer Tax N/A Total Transfer Tax N/A

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Property Tax and Assessment

Year	2025
Tax	$5,175
Assessment	$214,600

Home facts updated by county records

Comparable Sales for 4231 E Thompson Rd

Address	Distance	Property Type	Sold Price	Sold Date	Bed	Bath	Sqft
4124 Shelbyville Rd, Indianapolis, IN	0.09	Single-Family Home	$234,000	01/16/26	3	1	1,040
4747 S Denny St, Indianapolis, IN	0.34	Single-Family Home	$160,000	08/04/25	4	2	3,268
4633 Shelbyville Rd, Indianapolis, IN	0.34	Single-Family Home	$180,500	06/18/26	3	2	1,456
1618 Yazoo Dr, Beech Grove, IN	0.36	Single-Family Home	$189,800	02/18/26	4	1.5	1,700
4617 Shelbyville Rd, Indianapolis, IN	0.27	Single-Family Home	$182,500	09/17/25	3	1	912
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	0.30	Single-Family Home	$257,900	10/15/25	2	2	1,810
4330 N Dudley North Dr, Indianapolis, IN	0.50	Single-Family Home	$236,500	06/05/26	4	1.5	1,500
3510 Chamberlin Dr, Indianapolis, IN	0.55	Single-Family Home	$203,000	12/22/25	3	2	2,080

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Skip to last item

SOLD
JAN 16, 2026
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Skip to first item

Additional Cost

Assigned Schools

These are the assigned schools for 4231 E Thompson Rd.

View nearby schools on GreatSchools

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

South Emerson

45 Homes For You
Buy: $140k - $1.35m

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
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
Resident
3y ago
"there is great yard space to run and play and also tons of parks to take them for walks. "
0
Flag
Trulia User
Resident
3y ago
"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
Resident
4y ago
"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
Resident
6y ago
"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.
Resident
6y ago
"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
Resident
7y ago
"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
Resident
7y ago
"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.
Resident
7y ago
"You see dog owners walking their dogs all the time and consistently looking out for each other's pets."
2
Flag
Dedra B.
Visitor
7y ago
"great..good.. well festive... nice... non violent.. friendly... nice schools.... lots of restaurants.."
2
Flag
V
Resident
7y ago
"Schools in this area lack diversity. There are a few nice restaurants and lots of medical offices conveniently located."
1
Flag
Meddie D.
Resident
7y ago
"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
Resident
7y ago
"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.
12y ago
"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
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LGBTQ Local Legal Protections

Isabella Frazier, Trelora Realty

Agent Phone: (984) 370-6886

Based on information submitted to the MLS GRID as of 2026-06-29 13:18:06 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

4231 E Thompson Rd, Indianapolis, IN 46237 is a 4 bedroom, 2 bathroom, 1,800 sqft single-family home built in 1964. 4231 E Thompson Rd is located in South Emerson, Indianapolis. This property is currently available for sale and was listed by MIBOR as distributed by MLS GRID on Jun 18, 2026. The MLS # for this home is MLS# 22097248.

4231 E Thompson Rd Indianapolis, IN 46237

$219,900

$219,900

Local Information

Description

Home Highlights

Home Details for 4231 E Thompson Rd

Active Status

Interior Features

Exterior Features

Days on Market

Property Information

Price & Status

Media

Location

Agent Information

Building

HOA

Lot Information

Miscellaneous

Market trends in Indianapolis

Price History for 4231 E Thompson Rd

Similar Homes You May Like

New Listings near 4231 E Thompson Rd

Property Tax and Assessment

Comparable Sales for 4231 E Thompson Rd

Nearby homes

Additional Cost

Assigned Schools

Neighborhood Overview

What Locals Say about South Emerson

LGBTQ Local Legal Protections

Housing

Employment

Public accommodations

4231 E Thompson Rd
Indianapolis, IN 46237