7124 Thompson Rd is a 2,250 square foot house on a 2 acre lot with 3 bedrooms and 1.5 bathrooms. Based on Redfin's Hoagland data, we estimate the home's value is $339,633.
Single-familyProperty Type
1865Year Built
2 acresLot Size
$151Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$339,633
$32K since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 37.7% higher than the average sale price ($247K) of 6 comparable homes.
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Earn from this home
Rent
$2,421/mo
Redfin rental estimate
List your home for rent
Market trends in 46745, IN
Last updated August 2026
Buyer's Market
Seller's Market
Balanced market
Sale-to-List Price
92.2%
0.0% MoM
Median sale price
$267K
$59 MoM
Avg. days on market
37d
6 days MoM
Recently sold homes
4
0 MoM
Provided by Redfin
Sale history for 7124 Thompson Rd
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$2,634 (+7.0%)
$40,200 + $269,800
$310,000
2024
$2,461 (+1.3%)
$40,300 + $237,600
$277,900
2023
$2,430
$34,900 + $231,700
$266,600
Tax history for 7124 Thompson Rd
Year
Property tax
Land + Additions
Assessment*
2025
$2,634 (+7.0%)
$40,200 + $269,800
$310,000
2024
$2,461 (+1.3%)
$40,300 + $237,600
$277,900
2023
$2,430
$34,900 + $231,700
$266,600
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
Permits
A1
Agricultural District
The Agricultural district is intended to permit a wide range of agricultural activities as well as limited types of low-density residential development and other uses customarily conducted in or associated with agricultural areas, and certain additional community-oriented uses.
Permitted uses
Include but are not limited to:
Dairy
Equestrian facility
Livestock production
Housing-Group
Housing-Single unit
Recreation
Neighborhood center
Agriculture-Cropland
Housing-Mobile home park
Timberland
Feb 23, 2026 • Active
Heating - residential
Gas
Sep 4, 2014 • Final
Building - residential
Tear off and reroof the garage area of a residential building.
Roofing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Basement Information
Basement Sq. Ft: 1,202
Basement Type: Finished
Bathroom Information
# of Full Baths: 1
# of 1/2 Baths: 1
# of Bathroom Fixtures: 7
Heating & Cooling
Heating Type: Warm Air
Room Information
# of Rooms: 7
Exterior
Exterior Information
Physical Condition: Average
Construction Type: Wood
Roof Covering Type: Slate/Tile
Roof Shape Type: Slate/Tile
Building Type: Single Family
Property Information
Living Sq. Ft: 2,250
Adjusted Gross Sq. Ft: 3,758
Building Sq. Ft: 4,334
# of Stories: 2
Legal Description: 2 A IRR TRACT 366.66 FT W NW COR NE 1/4 SEC 10
Parking & Garage Information
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 576
Garage / Carport Type: Attached
Lot Information
# of Buildings: 1
Land Sq. Ft: 87,120
Municipality Name: MARION TOWNSHIP
Acres: 2
County Use Description: CASH GRAIN/GEN FARM
Utility Information
Electricity / Wiring Type: Available
Sewer Type: Public
Water Service Type: Public
Financial
Assessor Information
Assessment Year: 2025
Tax District County: MARION
Public facts
Beds: 3
Baths: 1.5
Sq. Ft.: 2,250
Stories: 2.0
Lot Size: 2 acres
Style: Single Family Residential
Year Built: 1865
Year Renovated: 1865
County: Allen County
APN: 021810200001001051
Home facts updated by county records on Jul 13, 2026
Around this home
Schools
Hoagland Elementary School
Public K-6 • Assigned • 4.5mi
5/10
Heritage Jr/Senior High School
Public 7-12 • Assigned • 4.5mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 100° expected this year, 17 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Hoagland, IN • 46745
Average low and high temperatures (°F)
30
15
38
22
57
35
65
44
69
50
82
63
85
67
80
60
80
55
69
45
51
36
38
24
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.9 hours in
June and 3.3 hours in December, which is comparable to the
U.S. average for solar exposure.
10.9 hrs
3.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$323,000 – $391,000
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