4531 E Thompson Rd, Indianapolis, IN 46237
OFF MARKET

4531 E Thompson Rd
Indianapolis, IN 46237

South Emerson
  • 3 Beds
  • 2 Baths
  • 2,050 sqft (on 1.75 acres)

$273,500

Trulia Estimate
as of Jul 25, 2026
Est. Refi. Payment $1,671/mo*
Refinance Your Home

$273,500

Trulia Estimate
as of Jul 25, 2026
Est. Refi. Payment $1,671/mo*
Refinance Your Home
3 Beds
2 Baths
2,050 sqft
(on 1.75 acres)

Local Information

  • Map ViewExplore the area around 4531 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
1.75 acres
Living Area
2,050 sqft
Price/Sqft
$133
Parking
Garage

About this House

This single-family home is located at 4531 E Thompson Rd, Indianapolis, IN. 4531 E Thompson Rd is in the South Emerson neighborhood in Indianapolis, IN and in ZIP code 46237. This property has 3 bedrooms, 2 bathrooms and approximately 2,050 sqft of floor space. This property has a lot size of 1.75 acres and was built in 1964.
4531 E Thompson Rd, Indianapolis, IN 46237 is a 3 bedroom, 2 bathroom, 2,050 sqft single-family home in South Emerson, built in 1964. It is currently off market. The Trulia Estimate is $273,500, with a rent estimate of $1,689/month.

Home Details for 4531 E Thompson Rd

Interior Features

Heating & Cooling
Heating: OtherAir ConditioningCooling System: CentralHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 2
Interior Details
Number of Rooms: 8Types of Rooms: Family Room
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: AsphaltFoundation Type: Crawl Raised
Pool
Pool
Parking & Garage
GarageParking Space: 1Parking: Garage Attached

Property Information

Year Built
Year Built: 1964Year Updated: 1964
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 1.75 acres

Market trends in Indianapolis

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

Year2025
Tax$3,391
Assessment$283,100
Home facts updated by county records

Comparable Sales for 4531 E Thompson Rd

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
4813 E Thompson Rd, Indianapolis, IN
0.18
Single-Family Home
$315,000
07/23/26
4
2
2,238
4633 Shelbyville Rd, Indianapolis, IN
0.18
Single-Family Home
$180,500
06/18/26
3
2
1,456
2 Oakmont Ct, Beech Grove, IN
0.19
Single-Family Home
$235,000
11/12/25
3
1.5
1,711
3905 Shelbyville Rd, Indianapolis, IN
0.49
Single-Family Home
$375,000
03/31/26
3
2
3,200
5321 S Linwood Ave, Indianapolis, IN
0.29
Single-Family Home
$244,499
04/23/26
3
2
1,440
5120 S Bancroft St, Indianapolis, IN
0.33
Single-Family Home
$225,000
07/14/26
3
1.5
1,341
3810 Hilton Dr, Indianapolis, IN
0.56
Single-Family Home
$310,000
07/25/25
3
2
2,044
1618 Yazoo Dr, Beech Grove, IN
0.22
Single-Family Home
$189,800
02/18/26
4
1.5
1,700
5 Whitewood Ct, Beech Grove, IN
0.27
Single-Family Home
$205,000
01/21/26
3
1.5
1,325
1615 S 9th Ave, Beech Grove, IN
0.18
Single-Family Home
$180,000
10/08/25
3
1.5
1,000

Nearby homes

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Assigned Schools

These are the assigned schools for 4531 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
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
    "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

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Homes for sale near 4531 E Thompson Rd

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Off Market Homes Near 4531 E Thompson Rd

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