Google street view image for 4519 W Thompson Rd, Indianapolis, IN 46221

OFF MARKET

$106,496

•

— ba

•

768

sq ft

4519 W Thompson Rd, Indianapolis, IN 46221

About this home

4519 W Thompson Rd is a 768 square foot house on a 0.6 acre lot with 1 bedroom. Based on Redfin's Indianapolis data, we estimate the home's value is $106,496.

Single-familyProperty Type

1930Year Built

0.6 acresLot Size

$139Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$106,496

$2,000 since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 41% lower than the average sale price ($180K) of 6 comparable homes.

SOLD AUG 5, 2026
$191,000
A
3 beds1.5 baths1,872 sq ft
4001 Alden Ave, Indianapolis, IN 46221
SOLD JUN 1, 2026
$182,000
B
2 beds1 bath780 sq ft
5429 W Mooresville Rd, Indianapolis, IN 46221
SOLD FEB 19, 2026
$125,000
C
2 beds1 bath840 sq ft
5312 W Mooresville Rd, Indianapolis, IN 46221
SOLD JUL 27, 2026
$179,900
D
3 beds1 bath912 sq ft
5012 Gambel Rd, Indianapolis, IN 46221
SOLD APR 22, 2026
$190,000
E
3 beds1 bath1,025 sq ft
4828 Oaknoll Dr, Indianapolis, IN 46221
SOLD JUL 27, 2026
$215,000
F
3 beds2 baths1,248 sq ft
4221 Solun Rd, Indianapolis, IN 46221

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

Market trends in 46221, IN

Last updated July 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

98.0%

+0.1% MoM

Median sale price

$231K

$1K MoM

Avg. days on market

31d

10 days MoM

Recently sold homes

105

19 MoM

New listings for sale

$105,000
3 beds1 bath2,496 sq ft
840 S Pershing Ave, Indianapolis, IN 46221
3D WALKTHROUGH
$285,000
3 beds2 baths2,148 sq ft
5514 Winship Ct, Indianapolis, IN 46221
$279,500
4 beds3 baths2,300 sq ft
5415 W Mooresville Rd, Indianapolis, IN 46221
3D WALKTHROUGH
$210,000
4 beds2 baths1,192 sq ft
6864 Cordova Dr, Indianapolis, IN 46221
$235,000
3 beds2 baths1,216 sq ft
5742 Ashcroft Dr, Indianapolis, IN 46221
$160,000
3 beds1 bath936 sq ft
3557 Winings Ave, Indianapolis, IN 46221
$335,000
4 beds2.5 baths2,728 sq ft
6127 Maple Branch Pl, Indianapolis, IN 46221
$375,000
3 beds3 baths3,318 sq ft
5640 W Thompson Rd, Indianapolis, IN 46221
$202,000
4 beds1 bath1,386 sq ft
3465 Carr Ave, Indianapolis, IN 46221
$200,000
3 beds1.5 baths1,159 sq ft
5821 Furnas Rd, Indianapolis, IN 46221
See all

Provided by Redfin

Sale history for 4519 W 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

$705 (+114.3%)

$20,000 + $77,200

$97,200

2024

$329 (+61.9%)

$20,000 + $64,500

$84,500

2023

$203 (−6.1%)

$20,000 + $64,500

$84,500

2022

$216 (+34.7%)

$20,000 + $56,700

$76,700

2021

$161 (+85.7%)

$20,000 + $44,300

$64,300

2020

$87 (−30.0%)

$20,000 + $44,300

$64,300

2019

$124 (+19.9%)

$20,000 + $44,300

$64,300

2018

$103 (−48.6%)

$20,000 + $34,700

$54,700

2017

$201 (+16.0%)

$20,000 + $32,800

$52,800

2016

$173 (+63.2%)

$20,000 + $32,800

$52,800

2015

$106 (+9.3%)

$20,000 + $29,700

$49,700

2014

$97 (−2.0%)

$20,000 + $28,300

$48,300

2013

$99

$20,000 + $27,800

$47,800

Tax history for 4519 W Thompson Rd

Year

Property tax

Land + Additions

Assessment*

2025

$705 (+114.3%)

$20,000 + $77,200

$97,200

2024

$329 (+61.9%)

$20,000 + $64,500

$84,500

2023

$203 (−6.1%)

$20,000 + $64,500

$84,500

2022

$216 (+34.7%)

$20,000 + $56,700

$76,700

2021

$161 (+85.7%)

$20,000 + $44,300

$64,300

2020

$87 (−30.0%)

$20,000 + $44,300

$64,300

2019

$124 (+19.9%)

$20,000 + $44,300

$64,300

2018

$103 (−48.6%)

$20,000 + $34,700

$54,700

2017

$201 (+16.0%)

$20,000 + $32,800

$52,800

2016

$173 (+63.2%)

$20,000 + $32,800

$52,800

2015

$106 (+9.3%)

$20,000 + $29,700

$49,700

2014

$97 (−2.0%)

$20,000 + $28,300

$48,300

2013

$99

$20,000 + $27,800

$47,800

*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

AIRSPACE SECONDARY ZONING DISTRICT

METRO

Dwelling District Three

The D-3 District provides for low or medium intensity residential development. Land in this District should have good thoroughfare access, be relatively flat in topography, and be afforded pedestrian linkages to community and neighborhood services and facilities (schools, parks, shopping areas, etc.). Recreational facilities developed for the neighborhood complement the treed yards on the individual lots. Predominantly single-family detached dwellings are envisioned with two-family dwellings on corner lots in this District. The D-3 District has a typical density of 2.6 units per gross acre. This District fulfills the low density residential classification of the Comprehensive General Land Use Plan. All public utilities and 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 considerations, including vegetation, topography, drainage and wildlife.

Zone overlays

Airspace Secondary Zoning District
Metro Context Area

Permitted uses

Include but are not limited to:

Housing-Group
Housing-Single unit
Housing-Multiple units
Communications tower
Housing-Mobile home park
Park & open space

Apr 11, 2016 • Active

Electrical - 1-2 family

Addition

Electrical

Feb 18, 2016 • Final

Drainage permit-1-2 family

Construct a one-story living addition to the residence.

Addition

Grading

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

Basement Information
Basement Sq. Ft: 384
Basement Type: Partial

Fireplace Information
# of Fireplaces: 1
Fireplace Type: Masonry
Has Fireplace

Room Information
# of Rooms: 5

Exterior

Exterior Information
Physical Condition: Average
Construction Type: Stone/Rock
Building Type: Single Family

Property Information
Subdivision Name: COTTAGE PARK ON THE RIVER
Living Sq. Ft: 768
Adjusted Gross Sq. Ft: 1,152
Ground Floor Sq. Ft: 768
Building Sq. Ft: 1,152
# of Stories: 1
Legal Description: COTTAGE PARK ON THE RIVER PT L12 BEG NE COR W187'S139' E187' N 139' TO BEG

Lot Information
# of Buildings: 1
Land Sq. Ft: 26,136
Legal Lot Number: 12
Municipality Name: DECATUR, OUTSIDE
Acres: 0.6
County Use Description: ONE FAMILY DWLG ON PLAT LOT

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 1
Baths: —
Sq. Ft.: 768
Stories: 1.0
Lot Size: 0.6 acres
Style: Single Family Residential
Year Built: 1930
Year Renovated: 1930
County: Marion County
APN: 491406104029000200

Home facts updated by county records on Jul 29, 2026

Around this home

Schools

Stephen Decatur Elementary School

Public K-6 • Assigned • 1.5mi

4/10

Decatur Middle School

Public 7-8 • Assigned • 2.1mi

3/10

Decatur Central High School

Public 9-12 • Assigned • 2.0mi

2/10

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, 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 • 46221

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 9.6 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.

9.6 hrs

3.3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$102,000 – $123,000

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

Nearby similar homes

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New listings for sale in 46221

$105,000

3 beds1 bath2,496 sq ft

840 S Pershing Ave, Indianapolis, IN 46221

3D WALKTHROUGH

$285,000

3 beds2 baths2,148 sq ft

5514 Winship Ct, Indianapolis, IN 46221

$279,500

4 beds3 baths2,300 sq ft

5415 W Mooresville Rd, Indianapolis, IN 46221

3D WALKTHROUGH

$210,000

4 beds2 baths1,192 sq ft

6864 Cordova Dr, Indianapolis, IN 46221

$235,000

3 beds2 baths1,216 sq ft

5742 Ashcroft Dr, Indianapolis, IN 46221

$160,000

3 beds1 bath936 sq ft

3557 Winings Ave, Indianapolis, IN 46221

$335,000

4 beds2.5 baths2,728 sq ft

6127 Maple Branch Pl, Indianapolis, IN 46221

$375,000

3 beds3 baths3,318 sq ft

5640 W Thompson Rd, Indianapolis, IN 46221

$202,000

4 beds1 bath1,386 sq ft

3465 Carr Ave, Indianapolis, IN 46221

Home values near 4519 W Thompson Rd

Data from public records.

Address	Redfin Estimate
4641 West Thompson Rd, Indianapolis, IN 2 Beds \| 1 Baths \| 1504 Sq. Ft.	$194,577
4303 West Thompson Rd, Indianapolis, IN 4 Beds \| 1 Baths \| 2346 Sq. Ft.	$219,807

Address	Redfin Estimate
4325 West Thompson Rd, Indianapolis, IN 3 Beds \| 2.5 Baths \| 3084 Sq. Ft.	$293,731
4319 West Thompson Rd, Indianapolis, IN 2 Beds \| - Baths \| 966 Sq. Ft.	$119,680

Address	Redfin Estimate
4311 West Thompson Rd, Indianapolis, IN 3 Beds \| - Baths \| 988 Sq. Ft.	$173,415
4229 West Thompson Rd, Indianapolis, IN 4 Beds \| 2 Baths \| 2544 Sq. Ft.	$259,640

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