For sale

$269,900

Est. $1,822/mo —

•

2,120

sq ft

302 E Thompson Rd, Indianapolis, IN 46227

About this home

Urban Homesteaders Take Note! .83 Acres Near Downtown with Major Upgrades Already Complete. If you've been searching for property with room to grow without giving up proximity to downtown convenience, this is it! Nestled on nearly an acre, this 4-bedroom, 2-bath home is a plant lover's dream featuring mature fruit trees, established grape vines, organic-conscious land management (zero seller chemical applications), and utility freedom with private well and septic. Step inside to find warm character, modern essential upgrades like brand-new 2025 HVAC and high-efficiency Andersen windows installed within the last two years (only 2 original remaining). A separate lower-level entrance provides seamless potential for multi-generational living, long-term guests, or income space (subject to requirements). A large 2-car detached garage with loft storage adds all the workshop/storage space you need. Bring your paintbrush and toolbelt to complete the final cosmetic touches and customize this home to your personal taste.

Single-familyProperty Type

1973Year Built

0.83 acresLot Size

$127Price/Sq.Ft.

2 car garageParking

Listed by Nancy Warfield • F.C. Tucker Company

Listing updated: Oct 1, 2026 at 06:17pm

Redfin checked: a few seconds ago

•Source:MIBOR as Distributed by MLS Grid #22128025

Payment calculator

$1,822 per month

Principal and interest$1,491

Property taxes

$214

HOA dues

Home insurance

$117

Utilities

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Open houses

No upcoming open houses.

Nearby open houses (10)

OPEN TODAY, 11AM TO 1PM
$219,000
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REDFIN OPEN TODAY, 12PM TO 2PM3D WALKTHROUGH
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3079 Harvest Grove Ln, Bargersville, IN 46106
OPEN TODAY, 12PM TO 2PM3D WALKTHROUGH
$355,000
4 beds2.5 baths2,370 sq ft
5738 Flat Hill Dr, Indianapolis, IN 46239
OPEN TODAY, 1PM TO 4PM
$239,900
3 beds2 baths1,810 sq ft
617 N Bancroft St, Indianapolis, IN 46201
OPEN SUN, 12PM TO 2PM
$799,999
5 beds4.5 baths5,612 sq ft
6620 E Woodland Ct, Mooresville, IN 46158
OPEN SUN, 12PM TO 2PM
$399,900
4 beds2.5 baths2,164 sq ft
8576 Sunningdale Blvd, Indianapolis, IN 46234
OPEN SUN, 12PM TO 2PM
$189,900
2 beds1.5 baths2,312 sq ft
6156 Oak Ave, Indianapolis, IN 46219
OPEN SUN, 1PM TO 3PM3D WALKTHROUGH
$260,000
3 beds1.5 baths2,718 sq ft
414 N Harbison, Indianapolis, IN 46219
OPEN SUN, 1PM TO 3PM
$210,000
2 beds1 bath2,356 sq ft
301 N Pasadena St, Indianapolis, IN 46219
OPEN SUN, 1PM TO 3PM
$475,000
4 beds2.5 baths2,670 sq ft
2525 Broadway St, Indianapolis, IN 46205

Around this home

Schools

K - 12
Preschool & daycare

Abraham Lincoln Elementary School

Public 1-5 • Assigned • 0.8mi

4/10

Perry Meridian 6th Grade Academy

Public 6 • Assigned • 3.0mi

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

Offer insights

302 E Thompson Rd · $269,900

Strong offer

$270K and above

75% chance or better to win

Why $270K+ is a strong offer

DAYS ON MARKET

The average home goes pending in 29 days.

SALE-TO-LIST

Most homes are selling 2% below list price.

About offer insights

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Interior features
Attic access
Woodwork stained or painted
Finished walk-out basement
Smoke alarm
Sump pump

Bedrooms
Three main-level bedrooms
One basement bedroom

Bathrooms
Two full bathrooms (one on main level, one in basement)

Kitchen
Dishwasher
Electric oven
Refrigerator
Electric water heater

Laundry & utility
Sump pump (utility equipment)

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

Sale and tax history for 302 E Thompson Rd

Sale History
Tax History

Date

Event

Price

MIBOR as Distributed by MLS Grid #22128025

Oct 1, 2026

Listed

$269,900

$127/sq ft

MIBOR as Distributed by MLS Grid #21826440

Mar 23, 2022

Sold

$195,000

$92/sq ft

Feb 7, 2022

Pending

—

Dec 1, 2021

Listed

$199,900

$94/sq ft

+23

Pack your bags, this 4 bedroom home with walk out basement, offering a kitchen on both levels, 2 full baths and large family room is ready for a new owner! Hardwood floors for easy cleaning in bedrooms. Concrete patio and large back yard are just a few of the extras with this listing. Home could be a double rental, for added income. The oversized garage offers concrete floor, workshop area, side entry, and a finished loft area too. Conveniently located close to interstate 465 ramp, close to downtown, eateries and drugstore. Sits on .83 acre.

MIBOR as Distributed by MLS Grid #21696046

Mar 12, 2020

Sold

$200,000

$94/sq ft

Mar 6, 2020

Pending

—

Mar 6, 2020

Price Changed

$200,000

$94/sq ft

Feb 21, 2020

Listed

$0/sq ft

+42

INVESTORS WANTED! 3.45 acres,Home,Garage and outbuilding all located minutes from I 465/135 and 31. With over 425 feet of road frontage, this land could be your next building spot. The home offers 3 bedroom on main level with hardwood floors and move in ready condition. Finished walk out basement with living quarters, separate kitchen, bedroom and bath in basement. You could use this home as a double rental. Home and detached garage with loft area are located on .83 acres leaving the extra 2.62 acres perfect for building. Offering over 400 feet of road frontage! Drive is already through the extra parcel . Both parcels offered together to be sold at Public Auction on Friday March 6th at NOON.

MIBOR as Distributed by MLS Grid #21688345

Feb 3, 2020

Listing Removed

—

Jan 8, 2020

Price Changed

$269,000

$127/sq ft

Jan 7, 2020

Listed

$250,000

$118/sq ft

MIBOR as Distributed by MLS Grid #21632130

Apr 10, 2019

Listed

$149,500

$71/sq ft

Apr 10, 2019

Listing Removed

—

MIBOR as Distributed by MLS Grid #21363953

Jan 21, 2019

Listing Removed

—

Jul 7, 2015

Listed

$149,500

$71/sq ft

MIBOR as Distributed by MLS Grid #21336643

Jul 1, 2015

Listing Removed

—

Feb 16, 2015

Listed

$149,900

$71/sq ft

MIBOR as Distributed by MLS Grid #21326518

Feb 16, 2015

Listing Removed

—

Nov 26, 2014

Listed

$149,900

$71/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$2,564 (+3.4%)

$23,900 + $188,500

$212,400

2024

$2,481 (+5.2%)

$23,900 + $165,200

$189,100

2023

$2,358 (+2.6%)

$23,900 + $165,200

$189,100

2022

$2,299 (−40.2%)

$23,900 + $160,900

$184,800

2021

$3,844 (+10.3%)

$23,900 + $120,300

$144,200

2020

$3,486 (+9.6%)

$23,900 + $120,300

$144,200

2019

$3,181 (+2.5%)

$23,900 + $105,800

$129,700

2018

$3,103 (−0.6%)

$22,800 + $94,600

$117,400

2017

$3,121 (+7.5%)

$22,800 + $94,200

$117,000

2016

$2,904 (+141.4%)

$22,800 + $94,200

$117,000

2015

$1,203 (+6.1%)

$22,800 + $85,800

$108,600

2014

$1,134 (−9.1%)

$22,800 + $89,200

$112,000

2013

$1,248

$22,800 + $88,500

$111,300

Public record

Public record
Zoning
Permits

Beds

Baths

—

Stories

Lot width

—

Lot depth

—

Lot size

0.83 Acres

Year renovated

1973

Finished Sq. Ft.

1,080

Unfinished Sq. Ft.

—

Total Sq. Ft.

1,080

Year built

1973

Style

Single Family Residential

County

Marion County

APN

491136106052000500

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 29, 2026.

METRO

Dwelling Agriculture District

The D-A District holds the agricultural lands of Marion County and provides for a variety of agricultural uses. It is intended to provide for animal and poultry husbandry, farming, cultivation of crops, dairying, pasturage, floriculture, horticulture, viticulture, apiaries, aquaculture, hydroponics, together with necessary, accompanying accessory uses, buildings, or structures for housing, packing, treating, or storing said products; or lands devoted to a soil conservation or forestry management program. A single-family dwelling is intended to be permitted as a part of such agricultural uses. A secondary provision of this District is large estate development of single-family dwellings. This District fulfills the very low density residential classification of the Comprehensive General Land Use Plan. This District does not require public water and sewer facilities.

Zone overlays

Metro Context Area

Permitted uses

Include but are not limited to:

Agriculture
Housing-Group
Housing-Single unit
Research & development
Communications tower
Veterinary clinic
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

3/10 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

In this area, properties receive around 9.7 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.

9.7 hrs

3.3 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 302 E Thompson Rd

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

Nearby homes have recently sold between $240,000 and $287,000.

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $240K to $287K.

SOLD JUN 1, 2026
$256,000 Last sold price
3 beds1.5 baths2,154 sq ft
4486 S Meridian St, Indianapolis, IN 46217
$8/sq ft
larger lot
26 years older
SOLD JUL 10, 2026
$240,000 Last sold price
2 beds1 bath1,788 sq ft
110 W Elbert St, Indianapolis, IN 46217
$7/sq ft
39 years older
unfinished basement
SOLD APR 16, 2026
$271,000 Last sold price
4 beds2 baths2,251 sq ft
428 Maxwell Rd, Indianapolis, IN 46217
$7/sq ft
smaller lot
20 years older
SOLD OCT 7, 2026
$287,000 Last sold price
3 beds2.5 baths1,947 sq ft
231 E Brunswick Ave, Indianapolis, IN 46227
$20/sq ft
smaller lot
3 years older
SOLD MAY 13, 2026
$255,000 Last sold price
4 beds2.5 baths1,764 sq ft
144 White Lick Dr, Indianapolis, IN 46227
$18/sq ft
smaller lot
32 years newer
SOLD MAY 7, 2026
$269,900 Last sold price
3 beds2 baths2,184 sq ft
434 Powell St, Indianapolis, IN 46227
$3/sq ft
smaller lot
33 years older

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Early Access listings

Contact for price

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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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