Google satellite image for 1240 W Thompson Rd, Indianapolis, IN 46217

Off Market May 2001 for $372K

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Est. refi paymentEst. refi $2,339/mo

—

•

— ba

•

30,800

sq ft

1240 W Thompson Rd, Indianapolis, IN 46217

About this home

1240 W Thompson Rd is a 30,800 square foot parking lot on a 7.19 acre lot. - it last sold on May 14, 2001 for $372,400.

ParkingProperty Type

7.19 acresLot Size

$12Price/Sq.Ft.

Source:Public Records

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 46217, IN

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

98.4%

0.0% MoM

Median sale price

$257K

$1K MoM

Avg. days on market

20d

5 days MoM

Recently sold homes

153

22 MoM

New listings for sale

NEW 19 HRS AGO
$225,000
3 beds2 baths2,048 sq ft
1439 W Hanna Ave, Indianapolis, IN 46217
OPEN SUN, 1PM TO 3PM
$410,000
3 beds2.5 baths2,154 sq ft
1626 Belfield St, Indianapolis, IN 46217
$319,900
3 beds2 baths1,383 sq ft
1381 Secretariat Ln, Indianapolis, IN 46217
$425,000
3 beds1 bath2,268 sq ft
1408 W Edgewood Ave, Indianapolis, IN 46217
$329,900
3 beds2 baths1,768 sq ft
7845 Shannon Lakes Way, Indianapolis, IN 46217
$430,000
4 beds2 baths2,400 sq ft
8220 Forward Pass Rd, Indianapolis, IN 46217
$335,000
3 beds2.5 baths1,731 sq ft
1608 Friendship Dr, Indianapolis, IN 46217
$285,000
4 beds2.5 baths1,927 sq ft
2526 Senators Way, Indianapolis, IN 46217
OPEN SUN, 1PM TO 3PM
$310,000
3 beds2 baths1,802 sq ft
3552 Miesha Dr, Indianapolis, IN 46217
3D WALKTHROUGH
$249,900
3 beds2 baths1,920 sq ft
1016 W Epler Ave, Indianapolis, IN 46217
See all

Provided by Redfin

Sale history for 1240 W Thompson Rd

Year

Property tax

Land + Additions

Assessment*

2025

$47,212 (−0.2%)

$813,200 + $714,800

$1,528,000

2024

$47,294 (−5.7%)

$813,200 + $714,800

$1,528,000

2023

$50,140

$813,200 + $714,800

$1,528,000

2022

$50,132 (+3.5%)

$813,200 + $821,600

$1,634,800

2021

$48,458 (−6.5%)

$739,200 + $712,000

$1,451,200

2020

$51,831 (+2.4%)

$739,200 + $712,000

$1,451,200

2019

$50,614 (−0.6%)

$739,200 + $817,300

$1,556,500

2018

$50,944 (−7.3%)

$739,200 + $779,400

$1,518,600

2017

$54,939

$739,200 + $907,800

$1,647,000

Tax history for 1240 W Thompson Rd

Year

Property tax

Land + Additions

Assessment*

2025

$47,212 (−0.2%)

$813,200 + $714,800

$1,528,000

2024

$47,294 (−5.7%)

$813,200 + $714,800

$1,528,000

2023

$50,140

$813,200 + $714,800

$1,528,000

2022

$50,132 (+3.5%)

$813,200 + $821,600

$1,634,800

2021

$48,458 (−6.5%)

$739,200 + $712,000

$1,451,200

2020

$51,831 (+2.4%)

$739,200 + $712,000

$1,451,200

2019

$50,614 (−0.6%)

$739,200 + $817,300

$1,556,500

2018

$50,944 (−7.3%)

$739,200 + $779,400

$1,518,600

2017

$54,939

$739,200 + $907,800

$1,647,000

*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

METRO

High-Intensity Commercial District

The C-7 District is designed to provide specific areas for commercial uses which have unusually incompatible features relative to other commercial uses, such as major outdoor storage or display of sizeable merchandise and the outdoor parking and storage of trucks, materials or equipment essential to the operation of these uses. Many of these uses generally are not visited by customers, but rather involve service operations from headquarters with some on-site fabrication of parts. The nature of operation or appearance are more compatible with industrial than retail commercial activities. Because of the character and intensity of these uses, this District should be appropriately located on major commercial arterial thoroughfares and near interstate freeways, but not in close association with those commercial activities involving shopping goods, professional services, restaurants, food merchandising, and the like. Due to the intensity of uses, location of this District should never be adjacent to Protected Districts.

Zone overlays

Metro Context Area

Permitted uses

Include but are not limited to:

Automotive sales
Gas station
Bank
Laundromat
General retail
Restaurant
Hospital / medical center
Office
Medical office
Marina

Oct 27, 2021 • Final

Right of way permit-excavation

Grading

Apr 9, 2019 • Active

On-premises-building sign

Install new internally illuminated wall signs on the north and south elevations of the building.

Electrical

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

Exterior

Property Information
Adjusted Gross Sq. Ft: 30,800
Building Sq. Ft: 30,800
# of Stories: 1
Legal Description: PT SE1/4 S34 T15 R3 & PT NE1/4 S3 T14 R3 BEG 1095.19' E SW COR S34 P.O.B. N550.99' E524.71' S600.27' W518.4' N49' TO BEG 7.190 AC

Lot Information
# of Buildings: 1
Land Sq. Ft: 313,196
Municipality Name: PERRY, OUTSIDE
Acres: 7.19
County Use Description: COMMERCIAL GARAGE

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: —
Baths: —
Sq. Ft.: 30,800
Stories: 1.0
Lot Size: 7.19 acres
Style: Parking
Year Built: —
Year Renovated: —
County: Marion County
APN: 491134107004000500

Home facts updated by county records on Jul 29, 2026

Around this home

Schools

Abraham Lincoln Elementary School

Public 1-5 • Assigned • 0.9mi

4/10

Perry Meridian 6th Grade Academy

Public 6 • Assigned • 3.1mi

6/10

Perry Meridian High School

Public 9-12 • Assigned • 3.2mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Historical weather

Indianapolis, IN • 46217

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

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Dec

Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

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New listings for sale in 46217

NEW 19 HRS AGO

$225,000

3 beds2 baths2,048 sq ft

1439 W Hanna Ave, Indianapolis, IN 46217

OPEN SUN, 1PM TO 3PM

$410,000

3 beds2.5 baths2,154 sq ft

1626 Belfield St, Indianapolis, IN 46217

$319,900

3 beds2 baths1,383 sq ft

1381 Secretariat Ln, Indianapolis, IN 46217

$425,000

3 beds1 bath2,268 sq ft

1408 W Edgewood Ave, Indianapolis, IN 46217

$329,900

3 beds2 baths1,768 sq ft

7845 Shannon Lakes Way, Indianapolis, IN 46217

$430,000

4 beds2 baths2,400 sq ft

8220 Forward Pass Rd, Indianapolis, IN 46217

$335,000

3 beds2.5 baths1,731 sq ft

1608 Friendship Dr, Indianapolis, IN 46217

$285,000

4 beds2.5 baths1,927 sq ft

2526 Senators Way, Indianapolis, IN 46217

OPEN SUN, 1PM TO 3PM

$310,000

3 beds2 baths1,802 sq ft

3552 Miesha Dr, Indianapolis, IN 46217

Home values near 1240 W Thompson Rd

Data from public records.

Address	Redfin Estimate
1326 Cliff Ridge Ln, Indianapolis, IN 3 Beds \| 2.5 Baths \| 1440 Sq. Ft.	$234,059
1330 Cliff Ridge Ln, Indianapolis, IN 3 Beds \| 1.5 Baths \| 1526 Sq. Ft.	$208,875

Address	Redfin Estimate
1334 Cliff Ridge Ln, Indianapolis, IN 3 Beds \| 2.5 Baths \| 1504 Sq. Ft.	$188,685
1350 Cliff Ridge Ln, Indianapolis, IN 3 Beds \| 2.5 Baths \| 1440 Sq. Ft.	$247,540

Address	Redfin Estimate
1346 Cliff Ridge Ln, Indianapolis, IN 3 Beds \| 2.5 Baths \| 1426 Sq. Ft.	$233,449
1310 Cliff Ridge Ln, Indianapolis, IN 3 Beds \| 2.5 Baths \| 1440 Sq. Ft.	$239,371

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