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SOLD

—

•

— ba

•

1,025

sq ft

340 E Thompson Rd, Indianapolis, IN 46227

About this home

Beautiful residential home close to restaurants and shopping. This zoned C-3 property may also be used as commerical. Only motivated buyers please - send us an offer! Full brick wrap ranch on over 1/2 acre lot. Beautiful back yard. Hardwood flooring in living area, eat-in kitchen, nice, dry full basement. Great location. New bathroom with jacuzzi in master. New furnace and water softener. 2.5 car detached garage with 220 and ample parking. Patio, deck. All kitchen appliances stay.

Single-familyProperty Type

1957Year Built

0.58 acresLot Size

2 car garageParking

Source:Public Records

Redfin Estimate

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

Earn from this home

Rent

$1,480/mo

Redfin rental estimate

List your home for rent

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 8 HRS AGO
$292,000
3 beds1 bath2,634 sq ft
6021 Shelby St, Indianapolis, IN 46227
NEW 10 HRS AGO
$332,000
5 beds6 baths5,172 sq ft
1902 Lawrence Ave, Indianapolis, IN 46227
NEW 12 HRS AGO
$240,000
3 beds1 bath2,180 sq ft
827 E Mills Ave, Indianapolis, IN 46227
NEW 14 HRS AGO
$229,900
3 beds1.5 baths2,028 sq ft
506 Lawrence Ave, Indianapolis, IN 46227
NEW 14 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
$275,000
4 beds2.5 baths2,265 sq ft
411 Narcissus Dr, Indianapolis, IN 46227
$285,000
4 beds2.5 baths2,118 sq ft
7621 Broadview Dr, Indianapolis, IN 46227
See all

Provided by Redfin

Sale history for 340 E Thompson Rd

Date

Event

Price

MIBOR as Distributed by MLS Grid #21423156

Jul 21, 2016

Contingent

—

Jun 15, 2016

Price Changed

$102,900

$100/sq ft

Jun 10, 2016

Listed

$104,900

$102/sq ft

MIBOR as Distributed by MLS Grid #21401588

Jun 8, 2016

Listing Removed

—

Jun 3, 2016

Price Changed

$99,900

$97/sq ft

May 23, 2016

Price Changed

$104,900

$102/sq ft

May 12, 2016

Price Changed

$110,000

$107/sq ft

May 12, 2016

Relisted

—

Apr 20, 2016

Pending

—

Mar 30, 2016

Contingent

—

Mar 1, 2016

Listed

$105,000

$102/sq ft

MIBOR as Distributed by MLS Grid #21376078

Feb 29, 2016

Listing Removed

—

Oct 23, 2015

Price Changed

$114,900

$112/sq ft

Sep 11, 2015

Listed

$119,900

$117/sq ft

MIBOR as Distributed by MLS Grid #21500455S

Mar 5, 2015

Listed

$89,000

$87/sq ft

MIBOR as Distributed by MLS Grid #21338356

Mar 25, 2015

Sold

$75,000

$73/sq ft

Mar 10, 2015

Pending

—

Mar 6, 2015

Pending

—

Mar 2, 2015

Price Changed

$75,000

$73/sq ft

Mar 2, 2015

Pending

—

Mar 2, 2015

Listed

$89,000

$87/sq ft

MIBOR as Distributed by MLS Grid #21302273

Mar 1, 2015

Listing Removed

—

Feb 26, 2015

Contingent

—

Jul 7, 2014

Listed

$89,000

$87/sq ft

MIBOR as Distributed by MLS Grid #21302383S

Feb 1, 2015

Listing Removed

—

Dec 18, 2013

Listed

$89,000

$87/sq ft

MIBOR as Distributed by MLS Grid #21268945

Jul 1, 2014

Listing Removed

—

Dec 18, 2013

Listed

$90,000

$88/sq ft

MIBOR as Distributed by MLS Grid #21206720

Nov 29, 2013

Listing Removed

—

Nov 28, 2012

Listed

$119,900

$117/sq ft

MIBOR as Distributed by MLS Grid #2655299

Aug 24, 2006

Listed

$139,900

$136/sq ft

MIBOR as Distributed by MLS Grid #2128393

Jan 16, 2002

Listing Removed

—

Jun 18, 2001

Listed

$189,500

$185/sq ft

MIBOR as Distributed by MLS Grid #2042400

Apr 19, 2001

Listing Removed

—

Oct 27, 2000

Listed

$299,000

$292/sq ft

MIBOR as Distributed by MLS Grid #2014207

Oct 21, 2000

Listing Removed

—

Apr 13, 2000

Listed

$148,900

$145/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$2,261 (−2.8%)

$20,700 + $176,400

$197,100

2024

$2,326 (+16.7%)

$20,700 + $155,400

$176,100

2023

$1,994 (+1.5%)

$20,700 + $155,400

$176,100

2022

$1,964 (+21.5%)

$20,700 + $140,800

$161,500

2021

$1,617 (+17.9%)

$20,700 + $105,700

$126,400

2020

$1,371 (+17.9%)

$20,700 + $105,700

$126,400

2019

$1,163 (+11.3%)

$20,700 + $93,000

$113,700

2018

$1,045 (−5.0%)

$19,800 + $83,400

$103,200

2017

$1,100 (+13.7%)

$19,800 + $80,100

$99,900

2016

$968 (+87.2%)

$19,800 + $80,100

$99,900

2015

$517 (−76.4%)

$19,800 + $72,900

$92,700

2014

$2,194 (−1.8%)

$19,800 + $75,800

$95,600

2013

$2,234

$19,800 + $73,400

$93,200

Tax history for 340 E Thompson Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,261 (−2.8%)

$20,700 + $176,400

$197,100

2024

$2,326 (+16.7%)

$20,700 + $155,400

$176,100

2023

$1,994 (+1.5%)

$20,700 + $155,400

$176,100

2022

$1,964 (+21.5%)

$20,700 + $140,800

$161,500

2021

$1,617 (+17.9%)

$20,700 + $105,700

$126,400

2020

$1,371 (+17.9%)

$20,700 + $105,700

$126,400

2019

$1,163 (+11.3%)

$20,700 + $93,000

$113,700

2018

$1,045 (−5.0%)

$19,800 + $83,400

$103,200

2017

$1,100 (+13.7%)

$19,800 + $80,100

$99,900

2016

$968 (+87.2%)

$19,800 + $80,100

$99,900

2015

$517 (−76.4%)

$19,800 + $72,900

$92,700

2014

$2,194 (−1.8%)

$19,800 + $75,800

$95,600

2013

$2,234

$19,800 + $73,400

$93,200

*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

0.58 Acres

Year renovated

1957

Sq. Ft.

1,025

Year built

1957

Style

Single Family Residential

County

Marion County

APN

491136106055000500

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 29, 2026.

METRO

Neighborhood Commercial District

The C-3 District is for the development of an extensive range of retail sales and personal, professional and business services required to meet the demands of a fully developed residential neighborhood, regardless of its size. Examples of such types of uses include neighborhood shopping centers, sales of retail convenience or durable goods, shopping establishments, retail and personal and professional service establishments. At this neighborhood scale of retail, a fine-grain of accessibility requisite for all modes of travel must be provided and maintained. It does not make provision, however, for those businesses that draw customers in significant numbers from well beyond a neighborhood boundary and are, therefore, unusually heavy traffic generators, such as theaters. It does not allow those businesses that require the outdoor display, sale or storage of merchandise; or require outdoor operations. In general, to achieve maximum flexibility of permitted land use, the C-3 District makes possible a highly varied grouping of indoor retail and business functions.

Zone overlays

Metro Context Area

Permitted uses

Include but are not limited to:

General retail
Retail-Grocery
Restaurant
Hospital / medical center
Rehabilitation center
Housing-Other
Bed & breakfast
Office
Medical office
Ground transport

Feb 9, 2016 • Final

Heating & cooling - 1-2 family

Replace the furnace.

HVAC

Oct 21, 2013 • Active

Heating & cooling permit-1-2 family-replacement

Replace the existing cooling system with a new Lennox air conditioning unit and coil.

HVAC

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

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

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

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

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New listings for sale in 46227

NEW 8 HRS AGO

$292,000

3 beds1 bath2,634 sq ft

6021 Shelby St, Indianapolis, IN 46227

NEW 10 HRS AGO

$332,000

5 beds6 baths5,172 sq ft

1902 Lawrence Ave, Indianapolis, IN 46227

NEW 12 HRS AGO

$240,000

3 beds1 bath2,180 sq ft

827 E Mills Ave, Indianapolis, IN 46227

NEW 14 HRS AGO

$229,900

3 beds1.5 baths2,028 sq ft

506 Lawrence Ave, Indianapolis, IN 46227

NEW 14 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

$275,000

4 beds2.5 baths2,265 sq ft

411 Narcissus Dr, Indianapolis, IN 46227

Home values near 340 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
302 East Thompson Rd, Indianapolis, IN 4 Beds \| 2 Baths \| 2120 Sq. Ft.	$257,753

Address	Redfin Estimate
255 East Thompson Rd, Indianapolis, IN 3 Beds \| - Baths \| 1530 Sq. Ft.	$216,620
315 East Thompson Rd, Indianapolis, IN 5 Beds \| 1 Baths \| 986 Sq. Ft.	—

Address	Redfin Estimate
320 East Thompson Rd, Indianapolis, IN 2 Beds \| - Baths \| 2004 Sq. Ft.	$196,988
326 East Thompson Rd, Indianapolis, IN - Beds \| - Baths \| - Sq. Ft.	$196,904

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