40 W Thompson Rd is a 2,056 square foot house on a 0.42 acre lot with 3 bedrooms and 1 bathroom. Based on Redfin's Indianapolis data, we estimate the home's value is $281,499.
Single-familyProperty Type
1986Year Built
0.42 acresLot Size
$137Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$281,499
$0 since July
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 21.6% higher than the average sale price ($231K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$3,853 (+8.5%)
$21,800 + $294,100
$315,900
2024
$3,549 (+0.9%)
$21,800 + $247,000
$268,800
2023
$3,516 (+10.7%)
$21,800 + $247,000
$268,800
2022
$3,176 (+3.4%)
$21,800 + $247,000
$268,800
2021
$3,072 (+9.9%)
$21,800 + $206,000
$227,800
2020
$2,796 (+21.1%)
$21,800 + $206,000
$227,800
2019
$2,309 (+1.0%)
$21,800 + $185,100
$206,900
2018
$2,285 (−5.1%)
$18,700 + $163,000
$181,700
2017
$2,407 (+2.1%)
$18,700 + $161,300
$180,000
2016
$2,358 (+7.7%)
$18,700 + $161,300
$180,000
2015
$2,190 (+9.2%)
$18,700 + $157,700
$176,400
2014
$2,006 (+2.3%)
$18,700 + $157,700
$176,400
2013
$1,961
$18,700 + $150,000
$168,700
Tax history for 40 W Thompson Rd
Year
Property tax
Land + Additions
Assessment*
2025
$3,853 (+8.5%)
$21,800 + $294,100
$315,900
2024
$3,549 (+0.9%)
$21,800 + $247,000
$268,800
2023
$3,516 (+10.7%)
$21,800 + $247,000
$268,800
2022
$3,176 (+3.4%)
$21,800 + $247,000
$268,800
2021
$3,072 (+9.9%)
$21,800 + $206,000
$227,800
2020
$2,796 (+21.1%)
$21,800 + $206,000
$227,800
2019
$2,309 (+1.0%)
$21,800 + $185,100
$206,900
2018
$2,285 (−5.1%)
$18,700 + $163,000
$181,700
2017
$2,407 (+2.1%)
$18,700 + $161,300
$180,000
2016
$2,358 (+7.7%)
$18,700 + $161,300
$180,000
2015
$2,190 (+9.2%)
$18,700 + $157,700
$176,400
2014
$2,006 (+2.3%)
$18,700 + $157,700
$176,400
2013
$1,961
$18,700 + $150,000
$168,700
*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
D2
METRO
Dwelling District Two
The D-2 District is intended for use in suburban areas. Ample yards, trees and passive open spaces easily serving each individual lot are envisioned for this District. The D-2 District has a typical density of 1.9 units per gross acre. Two-family dwellings are permitted on corner lots in this District. This District fulfills the lowest density recommendation of the Comprehensive General Land Use Plan. Public water and sewer facilities must be present. Development plans, which may include the use of clustering, should incorporate and promote environmental and aesthetic considerations, working within the constraints and advantages presented by existing site conditions, including vegetation, topography, drainage and wildlife.
Zone overlays
Metro Context Area
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Multiple units
Communications tower
Park & open space
May 11, 2021 • Final
Heating & cooling - 1-2 family
Replace a geothermal heat pump.
Heat pump
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
Interior
Bathroom Information
# of Full Baths: 1
# of Bathroom Fixtures: 8
Heating & Cooling
Air Conditioning Type: Central
Heating Type: Warm Air
Fireplace Information
# of Fireplaces: 1
Fireplace Type: Masonry
Has Fireplace
Room Information
# of Rooms: 8
Exterior
Exterior Information
Physical Condition: Average
Construction Type: Brick
Building Type: Single Family
Property Information
Subdivision Name: HOSS SOUTH MERIDIAN HIGHLANDS 1ST SEC
Living Sq. Ft: 2,056
Adjusted Gross Sq. Ft: 2,056
Ground Floor Sq. Ft: 1,435
Building Sq. Ft: 2,562
# of Stories: 2
Legal Description: HOSS S MERIDIAN HIGHLANDS 1ST SEC L13
Parking & Garage Information
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 506
Garage / Carport Type: Attached
Lot Information
# of Buildings: 1
Land Sq. Ft: 18,513
Legal Lot Number: 13
Municipality Name: PERRY, OUTSIDE
Acres: 0.425
Depth Footage: 185
Front Footage: 100
County Use Description: ONE FAMILY DWLG ON PLAT LOT
Location Information
Parcel Location Influence: Extra Front
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 2,056
Stories: 2.0
Lot Size: 0.42 acres
Style: Single Family Residential
Year Built: 1986
Year Renovated: 1986
County: Marion County
APN: 491135106012000500
Home facts updated by county records on Jul 29, 2026
Around this home
Schools
Abraham Lincoln Elementary School
Public 1-5 • Assigned • 0.4mi
4/10
Perry Meridian 6th Grade Academy
Public 6 • Assigned • 2.9mi
6/10
Perry Meridian High School
Public 9-12 • Assigned • 3.1mi
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, 18 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 • 46217
Average low and high temperatures (°F)
33
18
43
26
62
40
69
48
72
54
83
66
88
72
84
66
82
60
71
49
54
39
42
28
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
$268,000 – $324,000
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