702 E  Thompson Rd, Indianapolis, IN 46227
Property image
Property image
OFF MARKET

$107,100

Trulia Estimate
  • 2 Beds
  • 840 sqft

702 E Thompson Rd, Indianapolis, IN 46227

Edgewood
Est. Refi. Payment $715/mo*
Refinance Your Home
Currently Off Market - Sold Feb 1, 2022 for $51,681

Home Value

Trulia Estimate
$107K
Since last month
Increased$200 (+0.2%)
Since last year
Decreased$5K (-4.7%)
Since last sale
Increased$55K (+107.2%)
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 +94% in the last 10 years
MonthEstimated value
2026
August 2026$107K
August 2026$107K
July 2026$107K
June 2026$107K
May 2026$112K
April 2026$103K
March 2026$100K
February 2026$106K
January 2026$100K
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
0.09
Condo
$97,000
10/14/25
2
1
840
0.04
Condo
$55,000
01/23/26
2
1.5
1,242
0.02
Condo
$90,000
09/01/26
2
1.5
1,020
0.09
Condo
$87,000
05/15/26
1
1
640
0.11
Condo
$120,000
10/30/25
2
1.5
1,242
0.03
Condo
$109,900
12/30/25
3
1.5
1,242
0.05
Condo
$115,000
10/31/25
3
1.5
1,242
0.10
Condo
$120,000
07/17/26
3
1.5
1,242
0.10
Condo
$128,000
01/23/26
3
1.5
1,242
0.10
Condo
$107,500
01/07/26
4
1.5
1,254

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
0.02
$120,000
2
1
840
Off Market
0.02
$90,000
2
1.5
1,020
Recently Sold
0.03
$109,900
3
1.5
1,242
Recently Sold
0.05
$143,500
3
1.5
1,242
Off Market
0.05
$99,900
1
1
640
For Sale
0.05
$124,900
2
1.5
1,020
For Sale
0.06
$124,300
2
1.5
1,020
Off Market
0.04
$55,000
2
1.5
1,242
Recently Sold
0.05
$127,300
3
1.5
1,242
Off Market
0.07
$113,100
2
1.5
1,020
Off Market
0.07
$106,200
2
1.5
1,020
Off Market
0.07
$105,000
1
1
640
Recently Sold

Local Information

  • Map ViewExplore the area around 702 E Thompson Rd.
  • Schools3 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Condo
Year Built
1965
Living Area
840 sqft
Price/Sqft
$128

About this House

This condo is located at 702 E Thompson Rd, Indianapolis, IN. 702 E Thompson Rd is in the Edgewood neighborhood in Indianapolis, IN and in ZIP code 46227. This property has 2 bedrooms and approximately 840 sqft of floor space. This property has a lot size of 1446 sqft and was built in 1965.
702 E Thompson Rd, Indianapolis, IN 46227 is a 2 bedroom, 840 sqft condo in Edgewood, built in 1965. It last sold for $51,681 on Feb 1, 2022. More recently, it was listed as a rental in September 2025 with an asking price of $1,400 per month. That rental listing was removed on November 1, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $107,100, with a rent estimate of $1,065/month.

Home Details for 702 E Thompson Rd

Interior Features

Levels, Entrance, & Accessibility
Stories: 1
Interior Details
Number of Rooms: 7
Heating & Cooling
Air ConditioningCooling System: Central

Exterior Features

Exterior Home Features
Roof: Asphalt

Property Information

Year Built
Year Built: 1965Year Updated: 1965
Property Type / Style
Property Type: Condo

Community

Units in Building: 1

Lot Information

Lot Area: 1446 sqft

Price and Tax history

DateEventPrice
Nov 1, 2025
Source: MIBOR as distributed by MLS GRID #22062399
ListingRemoved
$1,300
Sep 18, 2025
Source: MIBOR as distributed by MLS GRID #22062399
PriceChange
$1,300
Price decreased by 7%
Sep 12, 2025
Source: MIBOR as distributed by MLS GRID #22062399
Listed For Rent
$1,400
Feb 1, 2022
Source: N/A
Sold
$51,681

Market trends in Indianapolis

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$251K
$10K
MoM
Sale-to-List Price
99.6%
0.3%
MoM
Price per sq ft
$145
$3
MoM
Available listings
4043
154
MoM

Around this home

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

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Edgewood

At least 58 Trulia users voted on each feature.
  • 84 % Say car is needed

  • 81 % Say parking is easy

  • 78 % Say yards are well-kept

  • 74 % Say it's dog friendly

  • 69 % Say there's holiday spirit

  • 65 % Say kids play outside

  • 61 % Say people would walk alone at night

  • 57 % Say neighbors are friendly

  • 55 % Say they plan to stay for at least 5 years

  • 55 % Say it's quiet

  • 52 % Say it's walkable to grocery stores

  • 50 % Say there's wildlife

  • 42 % Say it's walkable to restaurants

  • 42 % Say streets are well-lit

  • 40 % Say there are sidewalks

  • 23 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Joseph.moellman
    "Community events where everyone feels welcome and contributes to a wonderful and safe neighborhood. "
  • Scott Martin
    "49 yrs seen its ups and downs but all in all. The lack of apartments in the area has help tremendously over the years. "
  • Trulia User
    "It all depends on the street you live on. Part of E. Thompson Rd, between Madison Ave & US-31, has a couple of apt. complexes & a long-stay motel rampant with crime & drug use. There are addicts panhandling in the intersections and as pedestrians, often seen talking outloud to nobody, fighting, or just passed out in a random lawn. the motel next to Red Lobster and then the one across the street from there, on 31 next to Taco Bell, are the worst. Many of the other areas of North Perry are actually still quite nice with good families that keep up their yards and keep to themselves for the most part."
  • Trulia User
    "it's just close to everything and I see busses all of the time so I know they are easily accessible. "
  • Nicole R.
    "Iโ€™ve lived in this neighborhood for two years and my grandparents have for at least 15 years. Itโ€™s always been a nice and friendly neighborhood with some very busy streets. "
  • Ekey9817
    "the people here are very social and friendly. The neighborhood looks nice and is a great area to go on walks with your family."
  • Tiffany N.
    "Southport is an amazing place to live altogether. :) I love it here. Good people, quiet and pretty. Nice homes and landscaping. "
  • Katie W.
    "u see people walking their dogs all the time.people r very forgiving when dogs have little accident and the owner clean it up."
  • Griffind1121
    "There are a bunch of people that have dogs around my neighborhood and even a small dog park in my apartment complex that people are often at "
  • Legacymonica
    "They would like half of the other dogs. Half are friendly, half are aggressive. No pet vaccination records are required so thatโ€™s not good. "
  • Neb2210
    "It is a family-friendly neighborhood, most homes are well-kept, and the location is convenient for work in shopping. It is a great place to raise a family, in the church across the street has a nice playground where younger children can enjoy swings and slides, and have fun. property values have appreciated substantially since we moved here, And our family has always felt safe in the Rosedale Hills addition."
  • Discorsi B.
    "Low crime, many parks, overall seems like the people who live here are out to do no harm. there are a lot of shops to go to in this area, and it seems like there are more moving in."
  • Jordansmommy52814
    "everyone one around . we know all of them for the most part. nice and quite area. never any disturbance "
  • lunacoyo
    "We bought our home on Loretta Drive in Sept 2011. We love the very large lots - and the easy access to I-65. We are super close to downtown, to Greenwood, and to Southport. Very convenient location. But you can still find more land than most places. Our neighborhood is very quiet, somewhat older than we would have liked, but we like it very much!"

LGBTQ Local Legal Protections

Frequently asked questions about 702 E Thompson Rd

  • What is 702 E Thompson Rd estimated to be worth?
    Trulia's estimated value for 702 E Thompson Rd in Indianapolis, IN is $107,100.
  • What is the price history for 702 E Thompson Rd?
    702 E Thompson Rd in Indianapolis, IN last sold for $51,681 in February 2022.
  • 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 $251K. That is up $10K from the prior month.
  • Does 702 E Thompson Rd have air conditioning?
    Yes, 702 E Thompson Rd in Indianapolis, IN has air conditioning.

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