For sale

$239,000

Est. $1,766/mo —

•

3,071

sq ft

1223 E Thompson Rd, Indianapolis, IN 46227

About this home

PRICE CHANGE! MOTIVATED SELLER! FHA & VA FINANCING AVAILABLE! FULL PRICE OFFER, SELLER WILL GIVE TO BUYER A 1 YEAR HOME WARRANTY! Wow! this homes is so CUTE! Cute on the outside and inside! Who says you can't have it all! You can with this beautiful renovated ready to move in home. As you enter into the house you will find a large area that you can use for your dining room or a sitting room that opens up to the kitchen. The kitchen has a center island with all new appliances, stove, refrigerator, dishwasher, and microwave, great space for entertaining. This home has 3 bedroom and 2 full bath with a full basement. You can enjoyed the privacy of the master bedroom being on the main level with a full bath and entry to a screen in patio for those starry nights. The upstairs bedroom has walk-in closets and a full bath. The woodburning fireplace in the living room keeps the chill off. You will find in the 1117 Sq Ft unfinished basement, your laundry room, 2 rooms that perfect for storage or that man cave, glass block windows and a DOG Shower!!! Yes a dog shower! If you like entertaining outside, you can enjoy the fully fenced backyard, the deck and again the screen in porch, with a flower bed or garden area. You have to come and see this home to appreciate all it's charm. Quiet Neighborhood. Minutes from downtown. Easy show and sale.

Single-familyProperty Type

1939Year Built

0.28 acresLot Size

$78Price/Sq.Ft.

1 car garageParking

Listed by Mae Miller • Highly Favored Realty, LLC

Listing updated: Aug 18, 2026 at 10:17am

Redfin checked: 2 minutes ago

•Source:MIBOR as Distributed by MLS Grid #22110762

Payment calculator

$1,766 per month

Principal and interest$1,256

Property taxes

$404

HOA dues

Home insurance

$106

Utilities

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Open houses

No upcoming open houses.

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Around this home

Schools

K - 12
Preschool & daycare

Southport 6th Grade Academy

Public 6 • Assigned • 1.1mi

4/10

Southport High School

Public 9-12 • Assigned • 1.6mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Offer insights

1223 E Thompson Rd · $239,000

Strong offer

$239K and above

75% chance or better to win

Why $239K+ is a strong offer

DAYS ON MARKET

The average home goes pending in 26 days.

SALE-TO-LIST

Most homes are selling 2% below list price.

About offer insights

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Dining

Interior features
Kitchen island
Eat-in kitchen
Pantry
Walk-in closet(s)
Basement
Living room fireplace

Bedrooms
Three bedrooms total — one on the main level and two on the upper level
Primary bedroom with patio access

Bathrooms
Two full bathrooms
Primary bath with full shower stall

Kitchen
Dishwasher
Disposal
Microwave
Electric oven
Refrigerator

Laundry & utility
Washer
Dryer
Electric water heater

Heating & cooling
Forced air heating (natural gas)
Central air conditioning

Sale and tax history for 1223 E Thompson Rd

Sale History
Tax History

Date

Event

Price

MIBOR as Distributed by MLS Grid #22110762

Aug 18, 2026

Relisted

—

Aug 18, 2026

Pending

—

Jul 27, 2026

Price Changed

$239,000

$78/sq ft

Jul 2, 2026

Price Changed

$239,900

$78/sq ft

Jun 26, 2026

Listed

$259,900

$85/sq ft

MIBOR as Distributed by MLS Grid #22095553

May 19, 2026

Sold

$170,000

$55/sq ft

May 6, 2026

Pending

—

Apr 16, 2026

Listed

$179,900

$59/sq ft

+21

Classic charm meets everyday functionality in this inviting brick Cape Cod home. Offering three bedrooms and one and a half baths, this property provides 1,954sqft of comfortable finished living space, with an additional 1,117sqft in the unfinished basement - perfect for storage, or future expansion. Inside, the home features a formal dining room, kitchen, and a cozy living room that includes a woodburning fireplace. The main floor also features one extra bedroom and half bath. Upstairs you will find two bedrooms with walk-in closets and a full bath. Step outside to enjoy a screened-in patio, providing the perfect spot for morning coffee or evening gatherings, while the additional deck provides extra space for grilling and outdoor entertaining. The backyard is also fully fenced. With timeless curb appeal and room to grow, this Cape Cod is full of opportunity to make it your own. Welcome Home! - Seller also has (3) additional neighboring properties for sale - 1229 E Thompson Rd (22095565, $169,900, tenant rights), 1243 E Thompson Rd (22095582, $164,900), 1251 E Thompson Rd (22095588, $174,900, tenant rights).

Year

Property tax

Land + Additions

Assessment*

2025

$6,158 (+24.1%)

$10,500 + $229,800

$240,300

2024

$4,963 (+5.3%)

$10,500 + $180,200

$190,700

2023

$4,712 (+8.6%)

$10,500 + $180,200

$190,700

2022

$4,337 (+18.6%)

$10,500 + $170,600

$181,100

2021

$3,658 (+9.9%)

$10,500 + $126,500

$137,000

2020

$3,327 (+20.8%)

$10,500 + $126,500

$137,000

2019

$2,753 (−13.7%)

$10,500 + $113,100

$123,600

2018

$3,189 (+1.5%)

$9,800 + $91,300

$101,100

2017

$3,142 (+2.9%)

$9,800 + $107,300

$117,100

2016

$3,053 (+6.1%)

$9,800 + $107,300

$117,100

2015

$2,877 (+8.4%)

$9,800 + $103,800

$113,600

2014

$2,654 (−0.3%)

$9,800 + $103,800

$113,600

2013

$2,661

$9,800 + $99,600

$109,400

Public record

Public record
Zoning
Permits

Beds

Baths

—

Stories

1.5

Lot width

60 ft.

Lot depth

204 ft.

Lot size

0.28 Acres

Year renovated

1939

Finished Sq. Ft.

1,954

Unfinished Sq. Ft.

—

Total Sq. Ft.

1,954

Year built

1939

Style

Single Family Residential

County

Marion County

APN

491506103002000500

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 29, 2026.

TOD

METRO

Office-Buffer District

The C-1 District is designed to perform two functions: act as a buffer between uses, and provide for a freestanding area that office uses, compatible office-type uses, such as medical and dental facilities, education services, and certain public and semipublic uses may be developed with the assurance that retail and other heavier commercial uses with incompatible characteristics will not impede or disrupt. Since the buildings for office, office-type and public and semipublic uses are typically much less commercial in appearance, landscaped more fully and architecturally more harmonious with residential structures, this District can serve as a buffer between protected Districts and more intense commercial or industrial areas/Districts - if designed accordingly. This District, with its offices and other buffer type uses, may also be used along certain thoroughfares where a gradual and reasonable transition from existing residential use should occur.

Zone overlays

Transit Oriented Development Secondary Zoning District
Metro Context Area

Permitted uses

Include but are not limited to:

Religious facility
Bank
Day care facility
Housing-Senior
Bed & breakfast
Office
Medical office
Research & development
Library
Park & open space

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

4/10 Heat Factor

7 days above 101° expected this year, 19 days in 30 years

2/10 Wind Factor

1% chance of strong winds in next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Indianapolis, IN • 46227

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

83/ 100

Very good sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.1 hrs

6.3 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 1223 E Thompson Rd

We cannot show automated home-value estimates for this home.

Nearby homes have recently sold between $234,900 and $294,900.

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $235K to $295K.

SOLD AUG 4, 2026
$249,900 Last sold price
3 beds1.5 baths2,949 sq ft
4601 S Walcott St, Indianapolis, IN 46227
$7/sq ft
larger lot
18 years newer
SOLD JUL 14, 2026
$265,000 Last sold price
3 beds2 baths2,688 sq ft
1643 Lawrence Ave, Indianapolis, IN 46227
$21/sq ft
larger lot
SOLD APR 7, 2026
$255,000 Last sold price
3 beds1.5 baths1,344 sq ft
4842 Hardegan St, Indianapolis, IN 46227
$112/sq ft
larger lot
13 years older
SOLD SEP 1, 2026
$249,900 Last sold price
3 beds2 baths2,484 sq ft
1542 E Edwards Ave, Indianapolis, IN 46227
$23/sq ft
larger lot
16 years newer
SOLD AUG 19, 2026
$294,900 Last sold price
4 beds2 baths3,204 sq ft
2201 Redfern Dr, Indianapolis, IN 46227
$14/sq ft
larger lot
21 years newer
SOLD NOV 17, 2025
$234,900 Last sold price
3 beds2 baths2,550 sq ft
2226 Hanover Dr, Indianapolis, IN 46227
$14/sq ft
larger lot
17 years newer

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Details provided by MIBOR as Distributed by MLS Grid and may not match the public record. Learn more.

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