507 N Thompson St, Bourbon, IN 46504
Property image
Property image
OFF MARKET

$187,900

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 576 sqft

507 N Thompson St, Bourbon, IN 46504

Est. Refi. Payment $1,156/mo*
Refinance Your Home
Currently Off Market - Sold Jun 13, 2013 for $85,000

Home Value

Trulia Estimate
$188K
Since last month
Decreased$700 (-0.4%)
Since last year
Increased$7K (+3.8%)
Since last sale
Increased$103K (+121.2%)
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 +84% in the last 10 years
MonthEstimated value
2026
August 2026$188K
August 2026$188K
July 2026$189K
June 2026$190K
May 2026$192K
April 2026$184K
March 2026$177K
February 2026$171K
January 2026$169K
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
106 W Liberty Ave, Bourbon, IN
0.05
Single-Family Home
$180,000
12/01/25
4
2
1,624
203 N Thompson St, Bourbon, IN
0.19
Single-Family Home
$99,900
12/01/25
2
1
853
1002 N Main St, Bourbon, IN
0.25
Single-Family Home
$149,500
01/15/26
3
2
1,236
304 Maplewood Ave, Bourbon, IN
0.23
Single-Family Home
$230,000
05/15/26
3
2
1,502
301 E North St, Bourbon, IN
0.30
Single-Family Home
$189,000
02/25/26
3
2
1,504
208 N Ecker Ave, Bourbon, IN
0.24
Single-Family Home
$258,000
08/28/26
3
2
1,402
202 W Center St, Bourbon, IN
0.27
Single-Family Home
$135,000
01/29/26
4
2
2,056
108 W Sunset Dr, Bourbon, IN
0.09
Single-Family Home
$156,000
10/07/25
2
1
1,212
407 N Harris St, Bourbon, IN
0.19
Single-Family Home
$280,000
12/05/25
4
2
2,158
600 W Liberty Ave, Bourbon, IN
0.25
Single-Family Home
$212,500
03/31/26
3
1.5
1,280

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
601 N Thompson St, Bourbon, IN 46504
0.02
$190,700
3
1
1,212
Off Market
610 N Thompson St, Bourbon, IN 46504
0.07
$200,500
3
1
1,063
Off Market
208 W Liberty Ave, Bourbon, IN 46504
0.05
$166,600
3
1
1,194
Off Market
106 W Liberty Ave, Bourbon, IN 46504
0.05
$180,000
4
2
1,624
Recently Sold
608 N Main St, Bourbon, IN 46504
0.11
$281,800
4
2
3,620
Off Market
108 W Sunset Dr, Bourbon, IN 46504
0.09
$172,700
2
1
1,212
Off Market
603 N Washington St, Bourbon, IN 46504
0.13
$270,000
3
2
1,801
Off Market
402 N Main St, Bourbon, IN 46504
0.13
$249,800
4
2.5
2,320
Off Market
304 N Bourbon St, Bourbon, IN 46504
0.13
$195,000
3
1.5
1,464
Off Market
903 N Main St, Bourbon, IN 46504
0.19
$171,300
2
1
937
Off Market
107 E Sunset Dr, Bourbon, IN 46504
0.15
$195,000
3
1
1,448
For Sale
303 W Arnold St, Bourbon, IN 46504
0.22
$230,400
3
1.5
1,869
Off Market

Local Information

  • Map ViewExplore the area around 507 N Thompson St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1890
576 sqft
$326/sqft

About this House

BEAUTIFULLY REMODELED! $400/month INCOME from apartment upstairs! 2 bedroom 1 bath on main level. Apt. has 1 bed, 1 bath + private entry. Main level kitchen & laundry + office are fabulous! Spacious back deck, big yard, ample parking,& don't forget that $400/month in your pocket from apt rent!!!
507 N Thompson St, Bourbon, IN 46504 is a 3 bedroom, 2 bathroom, 576 sqft single-family home built in 1890. It last sold for $85,000 on Jun 13, 2013. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $187,900, with a rent estimate of $1,202/month.

Home Details for 507 N Thompson St

Interior Features

Interior Details
BasementNumber of Rooms: 11
Levels, Entrance, & Accessibility
Stories: 2

Exterior Features

Exterior Home Features
Roof: AsphaltFoundation Type: Crawl Raised

Property Information

Year Built
Year Built: 1890
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 10454 sqft

Price and Tax history

DateEventPrice
Jun 13, 2013
Source: N/A
Sold
$85,000
Jul 13, 2012
Source: Agent Provided
PriceChange
$89,900
Price decreased by 9%
Aug 26, 2011
Source: Agent Provided
PriceChange
$99,000
Price decreased by 7%
Mar 25, 2011
Source: Agent Provided
PriceChange
$107,000
Price decreased by 7%
Feb 24, 2011
Source: Agent Provided
Listed For Sale
$114,900

Market trends in Bourbon

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
7

Around this home

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.

What Locals Say about Bourbon

At least 10 Trulia users voted on each feature.

  • 100 % Say yards are well-kept

  • 94 % Say parking is easy

  • 92 % Say it's dog friendly

  • 92 % Say people would walk alone at night

  • 91 % Say car is needed

  • 88 % Say there are community events

  • 87 % Say it's walkable to restaurants

  • 86 % Say there's holiday spirit

  • 77 % Say there are sidewalks

  • 76 % Say kids play outside

  • 68 % Say neighbors are friendly

  • 57 % Say they plan to stay for at least 5 years

  • 50 % Say it's quiet

  • 44 % Say it's walkable to grocery stores

  • 36 % Say streets are well-lit

  • 31 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Kerrigan_smith
    "No public transit. Everything is in within walking distance. Roads are well paved. Not many holes. Walking distance for everything. "
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  • Tina S.
    "Most dogs are in enclosed areas or at least chained up. Some of my neighbors have dogs that are constantly barking, it can be a problem when walking your dog in the neighborhood. There is two or three parks here and one of them even has an adjacent dog park that is enclosed. I haven't heard of any dogs getting loose and biting anyone, seriously that is. "
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    Flag
  • Tina S.
    "I've lived in this neighborhood for about three years and the folks here are quiet but friendly. I would recommend this area to anyone looking for peace and quiet. "
    0
    Flag
  • Tina S.
    "we have several high school events, there is food truck Friday. there are several garage sales throughout the spring and summer. trick or treating on Halloween. there are churches that host parties in the park. the area here is safe and I feel like the entire neighborhood looks after everyone's kids and houses."
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  • Tina S.
    "my neighborhood is convenient to local roads. the neighbors are nice and friendly. the school is close by and I am happy to be living in this area again. it is a quiet community with a friendly atmosphere. I love having a garden, a yard and ample room to spread out. walking through my neighborhood is safe and relaxing. "
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  • Saramcrooks
    "Small town but close enough to things you need. Everyone greets each other with a smile and hello. So many great people!"
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  • Just S.
    "If I would recommend it to anyone it would be family w/ kids. But would I recommend it in the end? NO WAY! They take small town gossip to the next level! Not to mention it isn't very pet friendly, but on the up side to that they do have a local vet. Which is an up side in general, they have a local dentist and family doctor. They do have a couple shops nearby (ex family dollar) but I would not recommend them. I wouldn't recommend the restaurants either for that matter,.... The only part I liked about living there is I didn't have to own a car. Everything was w/in walking distance, very much a plus for me."
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LGBTQ Local Legal Protections

Frequently asked questions about 507 N Thompson St

  • What is 507 N Thompson St estimated to be worth?
    Trulia's estimated value for 507 N Thompson St in Bourbon, IN is $187,900.
  • What is the price history for 507 N Thompson St?
    507 N Thompson St in Bourbon, IN last sold for $85,000 in June 2013.
  • Is Bourbon a buyer's or seller's market?
    Bourbon is currently a seller's market, based on recent for-sale activity.
  • What do residents say about Bourbon?
    Residents describe Bourbon, IN as well-kept, easy to park in, and dog-friendly. Most residents say you need a car. See recently sold homes in Bourbon, IN.
  • How big is the lot at 507 N Thompson St?
    The lot at 507 N Thompson St in Bourbon, IN is about 0.24 acres (10,454 sq ft).

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