Google street view image for 4121 E Thompson Rd, Indianapolis, IN 46237

OFF MARKET

$229,187

•

— ba

•

2,592

sq ft

4121 E Thompson Rd, Indianapolis, IN 46237

About this home

4121 E Thompson Rd is a 2,592 square foot house on a 0.41 acre lot with 3 bedrooms. Based on Redfin's Indianapolis data, we estimate the home's value is $229,187.

Single-familyProperty Type

1959Year Built

0.41 acresLot Size

$88Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$229,187

$2,000 since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 15.8% higher than the average sale price ($198K) of 6 comparable homes.

SOLD JUL 31, 2026
$200,000
A
3 beds1.5 baths2,112 sq ft
4430 Dudley North Dr, Indianapolis, IN 46237
SOLD AUG 5, 2026
$135,000
B
3 beds1 bath2,286 sq ft
4429 Dudley North Dr, Indianapolis, IN 46237
SOLD JUN 18, 2026
$180,500
C
3 beds2 baths1,456 sq ft
4633 Shelbyville Rd, Indianapolis, IN 46237
SOLD DEC 22, 2025
$203,000
D
3 beds2 baths2,080 sq ft
3510 Chamberlin Dr, Indianapolis, IN 46237
SOLD APR 23, 2026
$244,499
E
3 beds2 baths1,440 sq ft
5321 S Linwood Ave, Indianapolis, IN 46237
SOLD JUL 14, 2026
$225,000
F
3 beds1.5 baths1,341 sq ft
5120 S Bancroft St, Indianapolis, IN 46237

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Earn from this home

Sell

$213,947

Est. take-home

List your home with Redfin and save $2,292

Market trends in 46237, IN

Last updated July 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

98.9%

+0.2% MoM

Median sale price

$275K

$10K MoM

Avg. days on market

20d

12 days MoM

Recently sold homes

206

22 MoM

New listings for sale

FOR SALE BY OWNER
$390,000
3 beds3 baths1,624 sq ft
4006 Dundee Dr, Indianapolis, IN 46237
OPEN SUN, 1PM TO 3PM
$355,000
3 beds3 baths2,600 sq ft
5638 Gray Rd SW, Indianapolis, IN 46237
NEW 35 HRS AGO
$424,000
4 beds3 baths3,214 sq ft
4151 Moss Ridge Ln, Indianapolis, IN 46237
$235,000
3 beds1.5 baths3,422 sq ft
5412 E Edgewood Ave, Indianapolis, IN 46237
OPEN SUN, 1PM TO 3PM
$265,000
3 beds1.5 baths1,564 sq ft
5726 Somers Dr, Indianapolis, IN 46237
$345,000
4 beds2.5 baths2,798 sq ft
5415 Grassy Bank Dr, Indianapolis, IN 46237
$209,900
3 beds1.5 baths1,162 sq ft
5442 Chisolm Ct, Indianapolis, IN 46237
3D WALKTHROUGH
$369,950
4 beds2.5 baths2,560 sq ft
5826 Edelle Dr, Indianapolis, IN 46237
$249,000
4 beds2 baths1,626 sq ft
4930 Candy Spots Dr, Indianapolis, IN 46237
OPEN SUN, 12PM TO 2PM
$185,000
2 beds2 baths1,442 sq ft
6509 Emerald Hill Ct #102, Indianapolis, IN 46237
See all

Provided by Redfin

Sale history for 4121 E Thompson Rd

As the MLS and public records start to fill up, we'll list the details here.

Year

Property tax

Land + Additions

Assessment*

2025

$2,451 (+1.1%)

$21,700 + $181,500

$203,200

2024

$2,424 (+12.3%)

$21,700 + $163,200

$184,900

2023

$2,160 (+4.7%)

$21,700 + $163,200

$184,900

2022

$2,063 (+15.9%)

$21,700 + $151,100

$172,800

2021

$1,780 (+14.9%)

$21,700 + $114,000

$135,700

2020

$1,549 (+5.3%)

$21,700 + $114,000

$135,700

2019

$1,471 (+11.5%)

$21,700 + $102,000

$123,700

2018

$1,319 (+2.3%)

$15,900 + $103,900

$119,800

2017

$1,289 (+2.6%)

$15,900 + $94,400

$110,300

2016

$1,257 (+11.9%)

$15,900 + $94,400

$110,300

2015

$1,123 (+11.2%)

$15,900 + $92,000

$107,900

2014

$1,010 (−6.8%)

$15,900 + $92,000

$107,900

2013

$1,084

$15,900 + $88,700

$104,600

Tax history for 4121 E Thompson Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,451 (+1.1%)

$21,700 + $181,500

$203,200

2024

$2,424 (+12.3%)

$21,700 + $163,200

$184,900

2023

$2,160 (+4.7%)

$21,700 + $163,200

$184,900

2022

$2,063 (+15.9%)

$21,700 + $151,100

$172,800

2021

$1,780 (+14.9%)

$21,700 + $114,000

$135,700

2020

$1,549 (+5.3%)

$21,700 + $114,000

$135,700

2019

$1,471 (+11.5%)

$21,700 + $102,000

$123,700

2018

$1,319 (+2.3%)

$15,900 + $103,900

$119,800

2017

$1,289 (+2.6%)

$15,900 + $94,400

$110,300

2016

$1,257 (+11.9%)

$15,900 + $94,400

$110,300

2015

$1,123 (+11.2%)

$15,900 + $92,000

$107,900

2014

$1,010 (−6.8%)

$15,900 + $92,000

$107,900

2013

$1,084

$15,900 + $88,700

$104,600

*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

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

Jul 5, 2006 • Final

Sewer connection

Establish a new sewer connection for a residential property.

Plumbing

Jul 5, 2006 • Active

Project

Install a residential water tap.

Plumbing

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

Heating & Cooling
Heating Type: Warm Air

Room Information
# of Rooms: 6

Exterior

Exterior Information
Physical Condition: Average
Construction Type: Brick
Building Type: Single Family

Property Information
Living Sq. Ft: 2,592
Adjusted Gross Sq. Ft: 2,592
Ground Floor Sq. Ft: 1,296
Building Sq. Ft: 2,966
# of Stories: 1
Legal Description: PT E1/2 NW1/4 S4 T14 R4 BEG 160.13FT E OF NW CORE 90.02FT S 203.4FT NWRLY 90.93FT N 188.65FT TO BEG.405AC KLASING SURVEY #2 TR25

Parking & Garage Information
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 374
Garage / Carport Type: Attached

Lot Information
# of Buildings: 1
Land Sq. Ft: 17,642
Municipality Name: PERRY, OUTSIDE
Acres: 0.405
County Use Description: ONE FAMILY DWLG ON PLAT LOT

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 3
Baths: —
Sq. Ft.: 2,592
Stories: 1.0
Lot Size: 0.41 acres
Style: Single Family Residential
Year Built: 1959
Year Renovated: 1959
County: Marion County
APN: 491504100024000500

Home facts updated by county records on Jul 29, 2026

Around this home

Schools

Jeremiah Gray Kindergarten

Public K-1 • Assigned • 0.2mi

Southport 6th Grade Academy

Public 6 • Assigned • 1.4mi

4/10

Southport High School

Public 9-12 • Assigned • 2.9mi

5/10

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 102° 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 • 46237

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

$218,000 – $264,000

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Nearby similar homes

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New listings for sale in 46237

FOR SALE BY OWNER

$390,000

3 beds3 baths1,624 sq ft

4006 Dundee Dr, Indianapolis, IN 46237

OPEN SUN, 1PM TO 3PM

$355,000

3 beds3 baths2,600 sq ft

5638 Gray Rd SW, Indianapolis, IN 46237

NEW 35 HRS AGO

$424,000

4 beds3 baths3,214 sq ft

4151 Moss Ridge Ln, Indianapolis, IN 46237

$235,000

3 beds1.5 baths3,422 sq ft

5412 E Edgewood Ave, Indianapolis, IN 46237

OPEN SUN, 1PM TO 3PM

$265,000

3 beds1.5 baths1,564 sq ft

5726 Somers Dr, Indianapolis, IN 46237

$345,000

4 beds2.5 baths2,798 sq ft

5415 Grassy Bank Dr, Indianapolis, IN 46237

$209,900

3 beds1.5 baths1,162 sq ft

5442 Chisolm Ct, Indianapolis, IN 46237

3D WALKTHROUGH

$369,950

4 beds2.5 baths2,560 sq ft

5826 Edelle Dr, Indianapolis, IN 46237

$249,000

4 beds2 baths1,626 sq ft

4930 Candy Spots Dr, Indianapolis, IN 46237

Home values near 4121 E Thompson Rd

Data from public records.

Address	Redfin Estimate
4311 East Thompson Rd, Indianapolis, IN 4 Beds \| 2 Baths \| 2148 Sq. Ft.	$250,959
4311 Thompson Rd Apartment N/A, Indianapolis, IN - Beds \| - Baths \| - Sq. Ft.	$232,932

Address	Redfin Estimate
4221 East Thompson Rd, Indianapolis, IN 3 Beds \| 2 Baths \| 1896 Sq. Ft.	$253,652
4305 East Thompson Rd, Indianapolis, IN 3 Beds \| - Baths \| 1800 Sq. Ft.	$270,832

Address	Redfin Estimate
4231 East Thompson Rd, Indianapolis, IN 4 Beds \| 1.5 Baths \| 1800 Sq. Ft.	—
4211 East Thompson Rd, Indianapolis, IN 4 Beds \| 2 Baths \| 1262 Sq. Ft.	$239,963

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