Google street view image for 4711 W Thompson Rd, Indianapolis, IN 46221

OFF MARKET

$158,584

•

— ba

•

1,148

sq ft

4711 W Thompson Rd, Indianapolis, IN 46221

About this home

4711 W Thompson Rd is a 1,148 square foot house on a 0.26 acre lot with 3 bedrooms. Based on Redfin's Indianapolis data, we estimate the home's value is $158,584.

Single-familyProperty Type

1929Year Built

0.26 acresLot Size

$138Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$158,584

$5,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 25% lower than the average sale price ($211K) of 6 comparable homes.

SOLD JUL 27, 2026
$179,900
A
3 beds1 bath912 sq ft
5012 Gambel Rd, Indianapolis, IN 46221
SOLD JUN 30, 2026
$240,000
B
3 beds2.5 baths1,278 sq ft
4948 Norcroft Dr, Indianapolis, IN 46221
SOLD MAY 7, 2026
$219,000
C
3 beds2 baths1,261 sq ft
4838 Guthrie Dr, Indianapolis, IN 46221
SOLD JUN 23, 2026
$215,000
D
3 beds1.5 baths1,278 sq ft
5425 Gambel Rd, Indianapolis, IN 46221
SOLD MAY 5, 2026
$205,000
E
3 beds1 bath1,200 sq ft
5412 Margate Rd, Indianapolis, IN 46221
SOLD AUG 7, 2026
$210,000
F
3 beds2 baths1,164 sq ft
5048 Emmert Dr, 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 August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

97.6%

0.4% MoM

Median sale price

$220K

$11K MoM

Avg. days on market

25d

6 days MoM

Recently sold homes

112

10 MoM

New listings for sale

NEW 30 HRS AGO
$115,000
3 beds1 bath1,272 sq ft
1226 S Richland St, Indianapolis, IN 46221
$285,000
3 beds2 baths2,816 sq ft
6302 W Loretta Dr, Indianapolis, IN 46221
3D WALKTHROUGH
$217,000
3 beds2 baths1,075 sq ft
6136 Rocky River Dr, Indianapolis, IN 46221
$230,000
3 beds1.5 baths1,620 sq ft
6034 W Loretta Dr, Indianapolis, IN 46221
$227,750
3 beds2 baths1,829 sq ft
1007 S Tremont St, Indianapolis, IN 46221
$170,000
3 beds2 baths1,201 sq ft
6613 Nodlehs Dr, Indianapolis, 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
See all

Provided by Redfin

Sale history for 4711 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

$2,427 (+15.3%)

$12,000 + $90,800

$102,800

2024

$2,104 (+5.7%)

$12,000 + $75,600

$87,600

2023

$1,992 (+5.1%)

$12,000 + $75,600

$87,600

2022

$1,894 (+5.1%)

$12,000 + $66,500

$78,500

2021

$1,802 (+9.0%)

$12,000 + $56,300

$68,300

2020

$1,653 (+13.5%)

$12,000 + $56,300

$68,300

2019

$1,456 (+6.6%)

$12,000 + $56,300

$68,300

2018

$1,366 (+22.2%)

$12,000 + $43,100

$55,100

2017

$1,119 (+7.0%)

$12,000 + $31,700

$43,700

2016

$1,045 (+16.9%)

$12,000 + $31,700

$43,700

2015

$894 (+0.4%)

$12,000 + $28,700

$40,700

2014

$890 (+14.0%)

$12,000 + $27,400

$39,400

2013

$781

$12,000 + $27,100

$39,100

Tax history for 4711 W Thompson Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,427 (+15.3%)

$12,000 + $90,800

$102,800

2024

$2,104 (+5.7%)

$12,000 + $75,600

$87,600

2023

$1,992 (+5.1%)

$12,000 + $75,600

$87,600

2022

$1,894 (+5.1%)

$12,000 + $66,500

$78,500

2021

$1,802 (+9.0%)

$12,000 + $56,300

$68,300

2020

$1,653 (+13.5%)

$12,000 + $56,300

$68,300

2019

$1,456 (+6.6%)

$12,000 + $56,300

$68,300

2018

$1,366 (+22.2%)

$12,000 + $43,100

$55,100

2017

$1,119 (+7.0%)

$12,000 + $31,700

$43,700

2016

$1,045 (+16.9%)

$12,000 + $31,700

$43,700

2015

$894 (+0.4%)

$12,000 + $28,700

$40,700

2014

$890 (+14.0%)

$12,000 + $27,400

$39,400

2013

$781

$12,000 + $27,100

$39,100

*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

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

Airspace Secondary Zoning District
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

Oct 9, 2007 • Final

Electrical permit-non-residential-utility pole

Install, repair, or alter a utility pole, meter, and emergency siren.

Electrical

Oct 29, 2004 • Final

Electrical permit-1-2 family-upgrade service only

Electrical

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: 840
Basement Type: Partial

Heating & Cooling
Air Conditioning Type: Central
Heating Type: Warm Air

Room Information
# of Rooms: 5

Exterior

Exterior Information
Physical Condition: Fair
Construction Type: Masonry
Building Type: Single Family

Property Information
Subdivision Name: COTTAGE PARK ON THE RIVER
Living Sq. Ft: 1,148
Adjusted Gross Sq. Ft: 1,988
Ground Floor Sq. Ft: 1,148
Building Sq. Ft: 1,988
# of Stories: 1
Legal Description: COTTAGE PARK ON THE RIVER BEG NE COR L2 S132.5'W85' N132.5' E85' TO BEG

Parking & Garage Information
Parking Type: Detached Garage
Garage/Parking Sq. Ft: 1,116
Garage / Carport Type: Detached

Lot Information
# of Buildings: 1
Land Sq. Ft: 11,326
Legal Lot Number: 2
Municipality Name: DECATUR, OUTSIDE
Acres: 0.26
County Use Description: ONE FAMILY DWLG ON PLAT LOT

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 3
Baths: —
Sq. Ft.: 1,148
Stories: 1.0
Lot Size: 0.26 acres
Style: Single Family Residential
Year Built: 1929
Year Renovated: 1929
County: Marion County
APN: 491406104006000200

Home facts updated by county records on Jul 29, 2026

Around this home

Schools

Liberty Early Elementary School

Public PreK-6 • Assigned • 1.6mi

5/10

Decatur Middle School

Public 7-8 • Assigned • 1.9mi

3/10

Decatur Central High School

Public 9-12 • Assigned • 1.8mi

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, 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 • 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

$151,000 – $183,000

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

NEW 30 HRS AGO

$115,000

3 beds1 bath1,272 sq ft

1226 S Richland St, Indianapolis, IN 46221

$285,000

3 beds2 baths2,816 sq ft

6302 W Loretta Dr, Indianapolis, IN 46221

3D WALKTHROUGH

$217,000

3 beds2 baths1,075 sq ft

6136 Rocky River Dr, Indianapolis, IN 46221

$230,000

3 beds1.5 baths1,620 sq ft

6034 W Loretta Dr, Indianapolis, IN 46221

$227,750

3 beds2 baths1,829 sq ft

1007 S Tremont St, Indianapolis, IN 46221

$170,000

3 beds2 baths1,201 sq ft

6613 Nodlehs Dr, Indianapolis, 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

Home values near 4711 W Thompson Rd

Data from public records.

Address	Redfin Estimate
4720 W Thompson Road, Indianapolis, IN 3 Beds \| 2 Baths \| 1440 Sq. Ft.	$195,914
4737 W Thompson Road, Indianapolis, IN 4 Beds \| 3 Baths \| 2675 Sq. Ft.	$340,701

Address	Redfin Estimate
4738 W Thompson Road, Indianapolis, IN 4 Beds \| 1.5 Baths \| 1776 Sq. Ft.	$195,565
4519 W Thompson Road, Indianapolis, IN 1 Beds \| - Baths \| 768 Sq. Ft.	$91,623

Address	Redfin Estimate
4641 W Thompson Road, Indianapolis, IN 2 Beds \| 1 Baths \| 1504 Sq. Ft.	$185,157
5035 S Edgehill Street, Indianapolis, IN 3 Beds \| 1 Baths \| 2456 Sq. Ft.	$275,238

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