4701 E Thompson Rd, Indianapolis, IN 46237
Property image
Property image
OFF MARKET

4701 E Thompson Rd
Indianapolis, IN 46237

South Emerson
  • 3 Beds
  • 3 Baths
  • 2,050 sqft (on 3.86 acres)

$460,600

Trulia Estimate
as of Aug 16, 2026
Est. Refi. Payment $2,821/mo*
Refinance Your Home

$460,600

Trulia Estimate
as of Aug 16, 2026
Est. Refi. Payment $2,821/mo*
Refinance Your Home
3 Beds
3 Baths
2,050 sqft
(on 3.86 acres)

Home Value

Trulia Estimate
$461K
Since last month
Decreased$2K (-0.5%)
Since last year
Decreased$34K (-6.8%)
Since last sale
Decreased$39K (-7.9%)
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 +162% in the last 10 years
MonthEstimated value
2026
August 2026$461K
July 2026$463K
June 2026$463K
May 2026$485K
April 2026$479K
March 2026$467K
February 2026$468K
January 2026$453K
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
4813 E Thompson Rd, Indianapolis, IN
0.12
Single-Family Home
$315,000
07/23/26
4
2
2,238
2 Oakmont Ct, Beech Grove, IN
0.16
Single-Family Home
$235,000
11/12/25
3
1.5
1,711
4633 Shelbyville Rd, Indianapolis, IN
0.14
Single-Family Home
$180,500
06/18/26
3
2
1,456
5321 S Linwood Ave, Indianapolis, IN
0.28
Single-Family Home
$244,499
04/23/26
3
2
1,440
5120 S Bancroft St, Indianapolis, IN
0.26
Single-Family Home
$225,000
07/14/26
3
1.5
1,341
3905 Shelbyville Rd, Indianapolis, IN
0.55
Single-Family Home
$375,000
03/31/26
3
2
3,200
1618 Yazoo Dr, Beech Grove, IN
0.21
Single-Family Home
$189,800
02/18/26
4
1.5
1,700
5 Whitewood Ct, Beech Grove, IN
0.25
Single-Family Home
$205,000
01/21/26
3
1.5
1,325
4020 Klintilloch Ct, Indianapolis, IN
0.73
Single-Family Home
$379,900
07/01/26
3
2.5
2,760
4430 Dudley North Dr, Indianapolis, IN
0.47
Single-Family Home
$200,000
07/31/26
3
1.5
2,112

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
4617 Shelbyville Rd, Indianapolis, IN 46237
0.13
$184,000
3
1
912
Off Market
4633 Shelbyville Rd, Indianapolis, IN 46237
0.14
$180,500
3
2
1,456
Recently Sold
31 Woodmont Ct, Beech Grove, IN 46107
0.11
$289,200
4
2.5
3,440
Off Market
4813 E Thompson Rd, Indianapolis, IN 46237
0.12
$315,000
4
2
2,238
Recently Sold
1717 S 9th Ave, Beech Grove, IN 46107
0.16
$213,000
4
-
1,407
Recently Sold
25 Angela Ct, Beech Grove, IN 46107
0.15
$221,300
3
1
1,025
Off Market
4541 Lois Ln, Indianapolis, IN 46237
0.20
$274,300
3
1.5
1,405
Off Market
8 Woodmont Ct, Beech Grove, IN 46107
0.14
$238,300
4
2
1,652
Off Market
9 Oakmont Ct, Beech Grove, IN 46107
0.16
$222,800
4
2
1,640
Off Market
2 Oakmont Ct, Beech Grove, IN 46107
0.16
$235,000
3
1.5
1,711
Recently Sold
4312 Shelbyville Rd, Indianapolis, IN 46237
0.24
$200,000
3
1
912
Off Market
14 Angela Ct, Beech Grove, IN 46107
0.19
$186,500
3
1
1,025
For Sale

Local Information

  • Map ViewExplore the area around 4701 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
1961
Lot Size
3.86 acres
Living Area
2,050 sqft
Price/Sqft
$225
Parking
Garage

About this House

This single-family home is located at 4701 E Thompson Rd, Indianapolis, IN. 4701 E Thompson Rd is in the South Emerson neighborhood in Indianapolis, IN and in ZIP code 46237. This property has 3 bedrooms, 3 bathrooms and approximately 2,050 sqft of floor space. This property has a lot size of 3.84 acres and was built in 1961.
4701 E Thompson Rd, Indianapolis, IN 46237 is a 3 bedroom, 3 bathroom, 2,050 sqft single-family home in South Emerson, built in 1961. It last sold for $500,000 on Jun 21, 2023. More recently, it was listed as a rental in March 2023 with an asking price of $2,125 per month. That rental listing was removed on May 6, 2023. It is currently off market. The Trulia Estimate is $460,600, with a rent estimate of $2,102/month.

Home Details for 4701 E Thompson Rd

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: OtherHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2Floors: Carpet, Hardwood
Interior Details
Number of Rooms: 9
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: AsphaltFoundation Type: Crawl Raised
Parking & Garage
GarageParking Spaces: 2Parking: Garage Detached, Off Street

Property Information

Year Built
Year Built: 1961Year Updated: 1961
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 3.86 acres

Price and Tax history

DateEventPrice
Jun 21, 2023
Source: MIBOR as distributed by MLS GRID #21920526
Sold
$500,000
May 17, 2023
Source: MIBOR as distributed by MLS GRID #21920526
Pending
$485,000
May 16, 2023
Source: MIBOR as distributed by MLS GRID #21920526
Listed For Sale
$485,000
May 6, 2023
Source: Zillow Rentals
ListingRemoved
Mar 28, 2023
Source: Zillow Rentals
Listed For Rent
$2,125

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
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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

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Homes for sale near 4701 E Thompson Rd

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Off Market Homes Near 4701 E Thompson Rd

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Frequently asked questions about 4701 E Thompson Rd

  • What is 4701 E Thompson Rd estimated to be worth?
    Trulia's estimated value for 4701 E Thompson Rd in Indianapolis, IN is $460,600.
  • What is the price history for 4701 E Thompson Rd?
    4701 E Thompson Rd in Indianapolis, IN last sold for $500,000 in June 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 4701 E Thompson Rd have air conditioning?
    Yes, 4701 E Thompson Rd in Indianapolis, IN has air conditioning.
  • How big is the lot at 4701 E Thompson Rd?
    The lot at 4701 E Thompson Rd in Indianapolis, IN is about 3.8 acres.