4815 E Thompson Rd, Indianapolis, IN 46237
OFF MARKET

$289,100

Trulia Estimate
  • 3 Beds
  • 1,298 sqft (on 4.47 acres)

4815 E Thompson Rd, Indianapolis, IN 46237

South Emerson
Est. Refi. Payment $1,863/mo*
Refinance Your Home
Currently Off Market - Sold Apr 6, 2020 for $214,000

Home Value

Trulia Estimate
$289K
Since last month
Increased$400 (+0.1%)
Since last year
Increased$3K (+0.9%)
Since last sale
Increased$74K (+34.3%)
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 +19% in the last 10 years
MonthEstimated value
2026
September 2026$288K
August 2026$287K
July 2026$280K
June 2026$307K
May 2026$305K
April 2026$294K
March 2026$280K
February 2026$290K
January 2026$287K
2025
2024
2023
2021
2020

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
5023 Shelbyville Rd, Indianapolis, IN
0.39
Lot/Land
$25,000
08/13/26
-
-
5149 Elenor St, Indianapolis, IN
0.54
Lot/Land
$77,500
10/17/25
-
-
4123 Cashard Ave, Indianapolis, IN
1.18
Lot/Land
$140,000
10/16/25
-
-
6553 Stonepointe Way, Indianapolis, IN
2.63
Lot/Land
$575,000
12/08/25
4
-
2,852
7301 E Edgewood Ave, Indianapolis, IN
2.64
Lot/Land
$235,500
08/07/26
-
-
6943 Highland Ridge Ct, Indianapolis, IN
2.32
Lot/Land
$169,900
10/31/25
-
-
7525 McFarland Blvd, Indianapolis, IN
2.43
Lot/Land
$1,175,000
05/08/26
-
-
7244 Misty Woods Ln, Indianapolis, IN
2.35
Lot/Land
$140,000
04/27/26
-
-
1544 Palmer St, Indianapolis, IN
4.38
Lot/Land
$170,000
11/07/25
3
-
1,622
304 Cleveland St, Beech Grove, IN
2.33
Lot/Land
$10,000
06/26/26
-
-

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
4813 E Thompson Rd, Indianapolis, IN 46237
0.04
$315,000
4
2
2,238
Recently Sold
9 Oakmont Ct, Beech Grove, IN 46107
0.09
$218,100
4
2
1,640
Off Market
17 Oakmont Ct, Beech Grove, IN 46107
0.10
$223,500
3
2
1,073
Off Market
2 Oakmont Ct, Beech Grove, IN 46107
0.13
$235,600
3
1.5
1,711
Off Market
8 Woodmont Ct, Beech Grove, IN 46107
0.15
$237,400
4
2
1,652
Off Market
1705 Yazoo Dr, Beech Grove, IN 46107
0.17
$227,600
3
2
2,175
Off Market
9 Whitewood Ct, Beech Grove, IN 46107
0.17
$247,600
4
1.5
1,731
Off Market
5002 E Thompson Rd, Indianapolis, IN 46237
0.15
$281,500
Studio
-
1,236
Off Market
5120 S Bancroft St, Indianapolis, IN 46237
0.13
$225,000
3
1.5
1,341
Recently Sold
5 Whitewood Ct, Beech Grove, IN 46107
0.19
$205,000
3
1.5
1,325
Recently Sold
31 Woodmont Ct, Beech Grove, IN 46107
0.20
$294,200
4
2.5
3,440
Off Market
1618 Yazoo Dr, Beech Grove, IN 46107
0.22
$189,800
4
1.5
1,700
Recently Sold

Local Information

  • Map ViewExplore the area around 4815 E Thompson Rd.
  • Schools3 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Lot/Land
Built in 1958
4.47 acre lot
1,298 sqft
$223/sqft
Garage

About this House

Strategically Located Just East Of The Thompson Rd./Emerson Ave Intersection. Would Make A Great Location For A Growing Facility Or Could Be Subdivided (per City) Into 4-5 Homes Per Acre. Less Than 10 Minutes From Downtown And Only One Mile From The -I-465 Access At The Emerson Ave. Exit. Now Is The Time.
4815 E Thompson Rd, Indianapolis, IN 46237 is a 3 bedroom, 1,298 sqft lot/land in South Emerson, built in 1958. It last sold for $214,000 on Apr 6, 2020. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $289,100.

Home Details for 4815 E Thompson Rd

Interior Features

Heating & Cooling
Heating: Forced Air, Electric, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Interior Details
Number of Rooms: 8Types of Rooms: Dining Room
Appliances & Utilities
Refrigerator
Fireplace & Spa
Fireplace
Levels, Entrance, & Accessibility
Floors: Hardwood

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: BrickFoundation Type: Crawl Raised
Parking & Garage
GarageParking Space: 1Parking: Garage Attached

Property Information

Year Built
Year Built: 1958Year Updated: 1958
Property Type / Style
Property Type: Lot Land

Community

Units in Building: 1

Lot Information

Lot Area: 4.47 acres

Price and Tax history

DateEventPrice
Apr 6, 2020
Source: MIBOR as distributed by MLS GRID #21690555
Sold
$214,000
Apr 6, 2020
Source: Agent Provided
PendingToActive
$249,900
Apr 3, 2020
Source: Agent Provided
Pending
$249,900
Apr 3, 2020
Source: Agent Provided
PendingToActive
$249,900
Mar 9, 2020
Source: Agent Provided
Pending
$249,900

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 4815 E Thompson Rd

  • What is 4815 E Thompson Rd estimated to be worth?
    Trulia's estimated value for 4815 E Thompson Rd in Indianapolis, IN is $289,100.
  • What is the price history for 4815 E Thompson Rd?
    4815 E Thompson Rd in Indianapolis, IN last sold for $214,000 in April 2020.
  • 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.

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Off Market Homes Near 4815 E Thompson Rd

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