Google street view image for 4501 E Thompson Rd, Indianapolis, IN 46237

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SOLD

$261,866

•

— ba

•

1,376

sq ft

4501 E Thompson Rd, Indianapolis, IN 46237

About this home

Completely Renovated Brick Ranch on approx. 1 acre. All new flooring, lighting, and appliances. Newly painted - Warm neutral colors. Ready to move into! Close to shopping and restaurants. Large backyard to enjoy! Please make arrangements to see right away - this one will not last!!

Single-familyProperty Type

1960Year Built

0.94 acresLot Size

$190Est. Price/Sq.Ft.

1 car garageParking

Source:Public Records

Redfin Estimate

$261,866

$154K since last sold$1,000 since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 28.6% higher than the average sale price ($204K) of 6 comparable homes.

SOLD JUN 5, 2026
$236,500
A
4 beds1.5 baths1,500 sq ft
4330 N Dudley Dr N, Indianapolis, IN 46237
SOLD JUL 14, 2026
$225,000
B
3 beds1.5 baths1,341 sq ft
5120 S Bancroft St, Indianapolis, IN 46237
SOLD JUN 18, 2026
$180,500
C
3 beds2 baths1,456 sq ft
4633 Shelbyville Rd, Indianapolis, IN 46237
SOLD AUG 7, 2026
$224,900
D
3 beds1.5 baths1,311 sq ft
13 Edwards Ct, Beech Grove, IN 46107
SOLD JUL 31, 2026
$200,000
E
3 beds1.5 baths2,112 sq ft
4430 Dudley North Dr, Indianapolis, IN 46237
SOLD JAN 16, 2026
$155,000
F
3 beds1.5 baths1,315 sq ft
14 Melody Ct, Beech Grove, IN 46107

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Earn from this home

Sell

$244,750

Est. take-home

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Rent

$1,642/mo

Redfin rental estimate

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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
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4006 Dundee Dr, Indianapolis, IN 46237
OPEN TODAY, 1PM TO 3PM
$355,000
3 beds3 baths2,600 sq ft
5638 Gray Rd SW, Indianapolis, IN 46237
NEW 1 DAY 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 TODAY, 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
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OPEN TODAY, 12PM TO 2PM
$185,000
2 beds2 baths1,442 sq ft
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See all

Provided by Redfin

Sale history for 4501 E Thompson Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,646 (+3.7%)

$34,100 + $229,200

$263,300

2024

$2,552 (−14.3%)

$34,100 + $199,800

$233,900

2023

$2,976 (−6.2%)

$34,100 + $199,800

$233,900

2022

$3,171 (+28.6%)

$34,100 + $185,800

$219,900

2021

$2,465 (+3.3%)

$34,100 + $139,500

$173,600

2020

$2,387 (+80.4%)

$34,100 + $139,500

$173,600

2019

$1,323 (+9.6%)

$34,100 + $110,500

$144,600

2018

$1,207 (+1.7%)

$22,500 + $78,600

$101,100

2017

$1,187 (+3.3%)

$22,500 + $71,900

$94,400

2016

$1,149 (+22.1%)

$22,500 + $71,900

$94,400

2015

$941 (+84.9%)

$22,500 + $69,600

$92,100

2014

$509 (−76.4%)

$22,500 + $69,000

$91,500

2013

$2,159

$22,500 + $65,200

$87,700

Tax history for 4501 E Thompson Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,646 (+3.7%)

$34,100 + $229,200

$263,300

2024

$2,552 (−14.3%)

$34,100 + $199,800

$233,900

2023

$2,976 (−6.2%)

$34,100 + $199,800

$233,900

2022

$3,171 (+28.6%)

$34,100 + $185,800

$219,900

2021

$2,465 (+3.3%)

$34,100 + $139,500

$173,600

2020

$2,387 (+80.4%)

$34,100 + $139,500

$173,600

2019

$1,323 (+9.6%)

$34,100 + $110,500

$144,600

2018

$1,207 (+1.7%)

$22,500 + $78,600

$101,100

2017

$1,187 (+3.3%)

$22,500 + $71,900

$94,400

2016

$1,149 (+22.1%)

$22,500 + $71,900

$94,400

2015

$941 (+84.9%)

$22,500 + $69,600

$92,100

2014

$509 (−76.4%)

$22,500 + $69,000

$91,500

2013

$2,159

$22,500 + $65,200

$87,700

*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

0.94 Acres

Year renovated

1980

Sq. Ft.

1,376

Year built

1960

Style

Single Family Residential

County

Marion County

APN

491504102003000500

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

Nov 25, 2017 • Final

Heating & cooling - 1-2 family

Replace the heat pump and air handler.

HVAC

Jun 4, 2009 • Final

Improvement location permit-1-2 family

Install a fence and a new above-ground swimming pool for an existing single-family home.

Pool and hot tub

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

Jeremiah Gray Kindergarten

Public K-1 • Assigned • 0.2mi

Southport 6th Grade Academy

Public 6 • Assigned • 1.6mi

4/10

Southport High School

Public 9-12 • Assigned • 3.1mi

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

$249,000 – $302,000

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Nearby similar homes

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LISTED BY REDFIN3D WALKTHROUGH

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New listings for sale in 46237

FOR SALE BY OWNER

$390,000

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OPEN TODAY, 1PM TO 3PM

$355,000

3 beds3 baths2,600 sq ft

5638 Gray Rd SW, Indianapolis, IN 46237

NEW 1 DAY AGO

$424,000

4 beds3 baths3,214 sq ft

4151 Moss Ridge Ln, Indianapolis, IN 46237

$235,000

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OPEN TODAY, 1PM TO 3PM

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$345,000

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3D WALKTHROUGH

$369,950

4 beds2.5 baths2,560 sq ft

5826 Edelle Dr, Indianapolis, IN 46237

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Home values near 4501 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
4605 East Thompson Rd, Indianapolis, IN 3 Beds \| 1.5 Baths \| 1773 Sq. Ft.	$313,872

Address	Redfin Estimate
4311 Thompson Rd Apt N/A, Indianapolis, IN - Beds \| - Baths \| - Sq. Ft.	$232,932
4419 East Thompson Rd, Indianapolis, IN 3 Beds \| 1.5 Baths \| 1524 Sq. Ft.	$284,573

Address	Redfin Estimate
4305 East Thompson Rd, Indianapolis, IN 3 Beds \| - Baths \| 1800 Sq. Ft.	$270,832
4329 East Thompson Rd, Indianapolis, IN 3 Beds \| 1.5 Baths \| 1969 Sq. Ft.	$261,649

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