OFF MARKET

Off Market Apr 2022 for $150K

$196,904

Studio

•

— ba

•

—

sq ft

326&328 E Thompson Rd, Indianapolis, IN 46227

About this home

Property is being sold ASIS. Both sides are rented on a month to month rental agreement. 326 side pays $550 plus gas and electric,328 side pays $600 plus gas and electric. Tenants have shown interest in staying.Property is on well and septic. Showings require a 48 hour notice. FURNACE AND HOTWATER HEATERS ON BOTH SIDES ARE GAS. C/A IS ELECTRIC.All showings must be between the hours of 12 noon and 5pm. SELLER DISCLOSURE NOT APPLICABLE.

Multi-familyProperty Type

1938Year Built

1.13 acresLot Size

2 car garageParking

Listed by Daniel Shine • Shine Realty, LLC

Contact: danshine47@gmail.com

Bought with Guadalupe Ortiz • CENTURY 21 Scheetz

Redfin checked: 3 minutes ago

•Source:MIBOR as Distributed by MLS Grid #21844860

Redfin Estimate

$196,904

$47K since sold in April 2022$12K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 78.8% higher than the average sale price ($110K) of 6 comparable homes.

SOLD AUG 14, 2026
$110,000
A
2 beds1 bath840 sq ft
3348 Olive St, Indianapolis, IN 46227
SOLD AUG 3, 2026
$70,000
B
2 beds1 bath900 sq ft
1629 Edgecombe Ave, Indianapolis, IN 46227
SOLD APR 20, 2026
$185,000
C
2 beds1 bath1,366 sq ft
3401 S New Jersey St, Indianapolis, IN 46227
SOLD APR 13, 2026
$119,900
D
3 beds1 bath928 sq ft
1620 Norton Ave, Indianapolis, IN 46227
SOLD NOV 21, 2025
$83,000
E
1 bed1 bath640 sq ft
1525 E Sumner Ave, Indianapolis, IN 46227
SOLD JUN 1, 2026
$93,000
F
3 beds1 bath840 sq ft
1124 E Murry St, Indianapolis, IN 46227

Claim this home to receive a free report every month with insights on the changing estimate.

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

NEW 44 MINS AGO
$249,900
3 beds2 baths1,336 sq ft
3408 Cold Harbor Dr, Indianapolis, IN 46227
NEW 8 HRS AGO
$349,900
3 beds2.5 baths2,744 sq ft
2202 Redfern Dr, Indianapolis, IN 46227
NEW 16 HRS AGO
$292,000
3 beds1 bath2,634 sq ft
6021 Shelby St, Indianapolis, IN 46227
NEW 18 HRS AGO
$332,000
5 beds6 baths5,172 sq ft
1902 Lawrence Ave, Indianapolis, IN 46227
NEW 21 HRS AGO
$240,000
3 beds1 bath2,180 sq ft
827 E Mills Ave, Indianapolis, IN 46227
NEW 22 HRS AGO
$229,900
3 beds1.5 baths2,028 sq ft
506 Lawrence Ave, Indianapolis, IN 46227
NEW 22 HRS AGO
$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
$170,000
3 beds1 bath912 sq ft
1515 E Mills Ave, Indianapolis, IN 46227
See all

Provided by Redfin

Sale history for 326&328 E Thompson Rd

Year

Property tax

Land + Additions

Assessment*

2025

$4,953 (+9.1%)

$25,900 + $163,700

$189,600

2024

$4,542 (+0.1%)

$25,900 + $145,500

$171,400

2023

$4,536 (+7.7%)

$25,900 + $145,500

$171,400

2022

$4,212 (+5.4%)

$25,900 + $145,500

$171,400

2021

$3,995 (+13.1%)

$25,900 + $121,400

$147,300

2020

$3,532 (+26.7%)

$25,900 + $121,400

$147,300

2019

$2,787 (+9.0%)

$25,900 + $102,900

$128,800

2018

$2,557 (+6.3%)

$24,800 + $98,300

$123,100

2017

$2,406 (+2.5%)

$24,800 + $61,500

$86,300

2016

$2,346 (+10.1%)

$24,800 + $61,500

$86,300

2015

$2,131 (+1.7%)

$24,800 + $59,200

$84,000

2014

$2,095 (−0.3%)

$24,800 + $59,200

$84,000

2013

$2,102

$24,800 + $61,400

$86,200

Tax history for 326&328 E Thompson Rd

Year

Property tax

Land + Additions

Assessment*

2025

$4,953 (+9.1%)

$25,900 + $163,700

$189,600

2024

$4,542 (+0.1%)

$25,900 + $145,500

$171,400

2023

$4,536 (+7.7%)

$25,900 + $145,500

$171,400

2022

$4,212 (+5.4%)

$25,900 + $145,500

$171,400

2021

$3,995 (+13.1%)

$25,900 + $121,400

$147,300

2020

$3,532 (+26.7%)

$25,900 + $121,400

$147,300

2019

$2,787 (+9.0%)

$25,900 + $102,900

$128,800

2018

$2,557 (+6.3%)

$24,800 + $98,300

$123,100

2017

$2,406 (+2.5%)

$24,800 + $61,500

$86,300

2016

$2,346 (+10.1%)

$24,800 + $61,500

$86,300

2015

$2,131 (+1.7%)

$24,800 + $59,200

$84,000

2014

$2,095 (−0.3%)

$24,800 + $59,200

$84,000

2013

$2,102

$24,800 + $61,400

$86,200

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning
Permits

Beds

Baths

—

Stories

Lot width

—

Lot depth

—

Lot size

1.13 Acres

Year renovated

1938

Sq. Ft.

576

Year built

1938

Style

Multi-Family (2-4 Unit)

County

Marion County

APN

491136106050000500

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
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

Property details

Parking

Parking Information
Unit Parking: 2 Car Garage
Parking Features: Gravel
Garage Spaces: 2

Interior

Interior Sq. Ft. Information
Building Area Total: 0
Living Area: 0

Laundry Room Information
Laundry Features: Connections All

Basement Information
Has Basement

Heating & Cooling
HVAC: NEWER HVAC

Multi-Family Financial Information
Owner Pays: Ins Hazard
Operating Expense Includes: Maintenance, PropTaxes
Gross Income: 0
Expenses: 0

Multi-Unit Information
Multi Beds: 2
Multi Baths: 2
# of Units: 2
Multi Rooms: 7

Unit Type 1 Information
Kitchen: 0
Levels: 1
Miscellaneous: No Equip
Rent: 550
Rent Frequency: Monthly
Utilities: Fuel Gas, Heat Forced

Unit Type 2 Information
Kitchen: 0
Levels: 1
Miscellaneous: No Equip
Rent: 600
Rent Frequency: Monthly
Utilities: Cl Cntrl Air,Fuel Gas,Heat Forced

Exterior

Building Information
Building Information: Storage

Property Features
Conversion: No

Property Information
Property Type: Residential Income
Property Sub Type: Residential Units - 1 to 4

Land Information
Current Use: Residential
Possible Use: Residential
Acres: 1-3 Acres

Lot Information
Lot Size Acres: 1.13
Road Surface Type: Asphalt
Road Frontage Type: City Street
Lot Features: Irregular Lot, Not In Subdivision, Mature Trees

Utilities

Utility Information
Utilities: Cable Connected, Gas
Solid Waste Information: No
Building Utilities: Private Well,Septic System

Location

School Information
High School District: Perry Township Schools

Location Information
Directions: From the intersection of Hwy US31 So and Thompson Rd go west on Thompson Rd to property. Property is located on north side of Thompson there is no curb cut you must enter from the west bound lane. Sign in yard
Tax Legal Description: PT NE1/4 NW1/4 S1 T14 R3 & SE1/4 SW1/4 S36 T15 R3BEG 149.35FT S & 662.87FT E OF NE COR NW1/4 N 342FTW 135.58FT S 342FT E 135.58FT TO BEG 1.15AC

Public facts

Beds: 2
Baths: —
Sq. Ft.: 576
Stories: 1.0
Lot Size: 1.13 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1938
Year Renovated: 1938
County: Marion County
APN: 491136106050000500

Home facts updated by county records on Jul 29, 2026

Other

Listing Information
Attribution Contact: danshine47@gmail.com

Green Information
Green Certification YN: No

Home Information
Foundation Details: Block
Construction Materials: Vinyl Siding
Structure Type: Duplex, FreeStand
Levels: One

Around this home

Schools

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

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

Estimated sale price

$188,000 – $227,000

Sell confidently with a local market expert in Indianapolis. 3 minutes to get started.

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6021 Shelby St, Indianapolis, IN 46227

NEW 18 HRS AGO

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1902 Lawrence Ave, Indianapolis, IN 46227

NEW 21 HRS AGO

$240,000

3 beds1 bath2,180 sq ft

827 E Mills Ave, Indianapolis, IN 46227

NEW 22 HRS AGO

$229,900

3 beds1.5 baths2,028 sq ft

506 Lawrence Ave, Indianapolis, IN 46227

NEW 22 HRS AGO

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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

Home values near 326&328 E Thompson Rd

Data from public records.

Address	Redfin Estimate
330 East Thompson Rd, Indianapolis, IN 3 Beds \| 1 Baths \| 1064 Sq. Ft.	$195,598
320 East Thompson Rd, Indianapolis, IN 2 Beds \| - Baths \| 2004 Sq. Ft.	$196,988

Address	Redfin Estimate
340 East Thompson Rd, Indianapolis, IN 3 Beds \| - Baths \| 1025 Sq. Ft.	—
235 East Thompson Rd, Indianapolis, IN 3 Beds \| - Baths \| 1752 Sq. Ft.	$238,825

Address	Redfin Estimate
255 East Thompson Rd, Indianapolis, IN 3 Beds \| - Baths \| 1530 Sq. Ft.	$216,620
302 East Thompson Rd, Indianapolis, IN 4 Beds \| 2 Baths \| 2120 Sq. Ft.	$257,753

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2022. This data may not match . Learn more.

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