SOLD MAY 22, 2026

Sold on May 2026

$172,000

•

2,344

sq ft

1229 E Thompson Rd, Indianapolis, IN 46227

Track this home’s value and nearby sales activity

About this home

This lovely all-brick ranch offers 1,280sqft of finished living space on the main level, plus an additional 1,064sqft in the unfinished basement - perfect for storage or future expansion. Inside, you'll find two spacious bedrooms, one full bath, a cozy living room featuring a wood-burning fireplace, kitchen and separate dining room. Enjoy relaxing mornings on the spacious covered front porch and entertaining on the open patio overlooking a fully fenced backyard. The yard also features a large storage shed and garden space (pool not included). Major updates include HVAC (2020) and water heater (2026), providing peace of mind for years to come. Welcome Home! - Seller also has (3) additional neighboring properties for sale - 1223 E Thompson Rd (22095553, $179,900), 1243 E Thompson Rd (22095582, $164,900), 1251 E Thompson Rd (22095588, $174,900, tenant rights).

Single-familyProperty Type

1939Year Built

0.28 acresLot Size

$73Price/Sq.Ft.

1 car garageParking

Listed by Karl Vierling • Carpenter, REALTORS®

Bought with Morris Lucas • eXp Realty, LLC

Redfin checked: a few seconds ago

•Source:MIBOR as Distributed by MLS Grid #22095565

Redfin Estimate

$223,178

$51K since sold in May 2026$29K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 31.6% higher than the average sale price ($170K) of 5 comparable homes.

SOLD AUG 4, 2026
$249,900
A
3 beds1.5 baths2,949 sq ft
4601 S Walcott St, Indianapolis, IN 46227
SOLD MAY 19, 2026
$164,900
B
2 beds1 bath1,920 sq ft
1243 E Thompson Rd, Indianapolis, IN 46227
SOLD MAY 29, 2026
$175,000
C
3 beds1 bath2,536 sq ft
1251 E Thompson Rd, Indianapolis, IN 46227
SOLD AUG 11, 2026
$93,000
D
2 beds1 bath1,785 sq ft
1238 E Thompson Rd, Indianapolis, IN 46227
SOLD FEB 13, 2026
$165,000
E
2 beds1 bath2,334 sq ft
5606 Shelby St, Indianapolis, IN 46227

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Market trends in 46227, IN

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

97.7%

0.4% MoM

Median sale price

$240K

$5K MoM

Avg. days on market

19d

3 days MoM

Recently sold homes

158

11 MoM

New listings for sale

OPEN SEP 13, 12PM TO 2PM
$297,500
3 beds3 baths1,991 sq ft
138 South St, Southport, IN 46227
NEW 31 HRS AGO
$249,900
3 beds2 baths1,336 sq ft
3408 Cold Harbor Dr, Indianapolis, IN 46227
$349,900
3 beds2.5 baths2,744 sq ft
2202 Redfern Dr, Indianapolis, IN 46227
$292,000
3 beds1 bath2,634 sq ft
6021 Shelby St, Indianapolis, IN 46227
$332,000
5 beds6 baths5,172 sq ft
1902 Lawrence Ave, Indianapolis, IN 46227
$240,000
3 beds1 bath2,180 sq ft
827 E Mills Ave, Indianapolis, IN 46227
$229,900
3 beds1.5 baths2,028 sq ft
506 Lawrence Ave, Indianapolis, IN 46227
$269,000
4 beds2 baths1,816 sq ft
3602 Redwood Dr, Indianapolis, IN 46227
$215,000
2 beds1 bath1,370 sq ft
6105 Homestead Dr, Indianapolis, IN 46227
$285,000
5 beds3.5 baths4,202 sq ft
8724 Shelby St, Indianapolis, IN 46227
See all

Provided by Redfin

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Rental estimate

Est. $1,502 per month, based on comparable rentals

Sale and tax history for 1229 E Thompson Rd

Sale History
Tax History

Year

Property tax

Land + Additions

Assessment*

2025

$5,352 (+23.1%)

$10,500 + $197,000

$207,500

2024

$4,348 (+10.6%)

$10,500 + $155,300

$165,800

2023

$3,932 (+8.4%)

$10,500 + $155,300

$165,800

2022

$3,626 (+18.1%)

$10,500 + $139,200

$149,700

2021

$3,070 (+9.7%)

$10,500 + $103,200

$113,700

2020

$2,798 (+5.2%)

$10,500 + $103,200

$113,700

2019

$2,659 (−11.6%)

$10,500 + $92,200

$102,700

2018

$3,010 (+1.5%)

$9,800 + $87,100

$96,900

2017

$2,964 (+2.6%)

$9,800 + $99,900

$109,700

2016

$2,890 (+6.8%)

$9,800 + $99,900

$109,700

2015

$2,705 (+8.1%)

$9,800 + $97,000

$106,800

2014

$2,503 (−0.3%)

$9,800 + $97,000

$106,800

2013

$2,510

$9,800 + $93,400

$103,200

Public record

Public record
Zoning
Permits

Beds

Baths

—

Stories

Lot width

60 ft.

Lot depth

204 ft.

Lot size

0.28 Acres

Year renovated

1939

Sq. Ft.

1,280

Year built

1939

Style

Single Family Residential

County

Marion County

APN

491506103001000500

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 5, 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

Property details

Parking

Parking Information
Garage SqFt: 250
Parking Features: Attached, Concrete
Garage Spaces: 1
Has Garage

Interior

Interior Sq. Ft. Information
Building Area Total: 2344
Living Area: 1280
Main Level Sq. Ft.: 1280
Upper Level Sq. Ft.: 0
Lower/Basement Level Sq. Ft (Finished): 0

Bedroom Information
# of Bedrooms Main: 2
Beds MU: 2
Bedrooms MU: 2

Bathroom Information
# of Full Baths (Total): 1
# of Full Baths (Main): 1
Full Baths MU: 1
Full Bathrooms MU: 1

Room 1 Information
Room Type: Living Room
Room Features: Other
Room Dimensions: 17x16
Room Level: Main

Room 2 Information
Room Type: Dining Room
Room Features: Other
Room Dimensions: 12x11
Room Level: Main

Room 3 Information
Room Type: Kitchen
Room Features: Other
Room Dimensions: 13x8
Room Level: Main

Room 4 Information
Room Features: Other
Room Dimensions: 13x11
Room Level: Main

Room 5 Information
Room Type: Bedroom 2
Room Features: Other
Room Dimensions: 13x12
Room Level: Main

Other Rooms Information
Rooms Upper: 0
Rooms Main: 5
Rooms Basement: 0
# of Rooms: 5

Basement Information
Has Basement
Basement Features: Partial, Unfinished

Fireplace Information
# of Fireplaces: 1
Fireplace Features: Living Room, Wood Burning

Heating & Cooling
Heating Information: Forced Air, Natural Gas
Cooling Information: Central Air

Interior Features
Interior Features: Smart Thermostat
Appliances: Dishwasher, Gas Water Heater, MicroHood, Microwave, Electric Oven, Refrigerator

Exterior

Building Information
Percent Optional Level Finished: 0

Exterior Features
Patio And Porch Features: Covered, Patio
Exterior Features: Storage Shed

Farm Information
Horse Amenities: None

Property Information
Property Type: Residential
Property Sub Type: Single Family Residence

Land Information
Acres: 1/4-1/2 Acre

Lot Information
Lot Size Acres: 0.28
Lot Features: Mature Trees

Utilities

Utility Information
Utility Prim Sewage Disp: Municipal Sewer Connected
Water Source: Public
Solid Waste Information: Yes

Location

School Information
High School District: Perry Township Schools

Location Information
Directions: GPS Friendly
Tax Legal Description: Pt Nw1/4 Nw1/4 S6 T14 R4 Howland Place Pt L3 & L4beg 15' S Of Ne Cor L3 W 20' S 204.5' E 60'N 204.5' W 40' To Beg

Public facts

Beds: 2
Baths: —
Sq. Ft.: 1,280
Stories: 1.0
Lot Size: 0.28 acres
Style: Single Family Residential
Year Built: 1939
Year Renovated: 1939
County: Marion County
APN: 491506103001000500

Home facts updated by county records on Aug 5, 2026

Other

Home Information
Foundation Details: Block
Construction Materials: Brick, Vinyl Siding
Levels: One

Around this home

Schools

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

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

95/ 100

Exceptional sunlight

Sunscore

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

9.8 hrs

6.5 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$213,000 – $257,000

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New listings for sale in 46227

OPEN SEP 13, 12PM TO 2PM3D WALKTHROUGH

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138 South St, Southport, IN 46227

NEW 31 HRS AGO

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3 beds2 baths1,336 sq ft

3408 Cold Harbor Dr, Indianapolis, IN 46227

$349,900

3 beds2.5 baths2,744 sq ft

2202 Redfern Dr, Indianapolis, IN 46227

$292,000

3 beds1 bath2,634 sq ft

6021 Shelby St, Indianapolis, IN 46227

$332,000

5 beds6 baths5,172 sq ft

1902 Lawrence Ave, Indianapolis, IN 46227

$240,000

3 beds1 bath2,180 sq ft

827 E Mills Ave, Indianapolis, IN 46227

$229,900

3 beds1.5 baths2,028 sq ft

506 Lawrence Ave, Indianapolis, IN 46227

$269,000

4 beds2 baths1,816 sq ft

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2 beds1 bath1,370 sq ft

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Home values near 1229 E Thompson Rd

Data from public records.

Address	Redfin Estimate
1254 East Thompson Rd, Indianapolis, IN 3 Beds \| 3 Baths \| 3296 Sq. Ft.	$279,914
1230 East Thompson Rd, Indianapolis, IN 4 Beds \| 2 Baths \| 2404 Sq. Ft.	$244,279

Address	Redfin Estimate
1410 East Thompson Rd, Indianapolis, IN 3 Beds \| 2 Baths \| - Sq. Ft.	$307,035
1420 East Thompson Rd, Indianapolis, IN 2 Beds \| - Baths \| 2056 Sq. Ft.	$208,221

Address	Redfin Estimate
1246 East Thompson Rd, Indianapolis, IN 2 Beds \| - Baths \| 1060 Sq. Ft.	$189,140
1262 East Thompson Rd, Indianapolis, IN 3 Beds \| 2 Baths \| 1248 Sq. Ft.	$266,824

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2026. This data may not match . Learn more.

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