OFF MARKET

Off Market Jul 2017 for $175K

$346,060

•

2,675

sq ft

4737 W Thompson Rd, Indianapolis, IN 46221

About this home

AN INCREDIBLE OPPORTUNITY! Don't miss out on your chance to see this great opportunity in Decatur Township! On this acre and a half lot, you will find a sprawling ranch that has an attached in-law quarters (or an income-producing apartment!)! Altogether, there are 4 bedrooms, 3 full bathrooms, 2 kitchens, 2 laundry areas, 2 Family rooms, 2 3-season porches, and a great, fully-enclosed backyard! All of this and just a short drive to all of your desired amenities! Don't miss out!

Single-familyProperty Type

1963Year Built

1.54 acresLot Size

$129Est. Price/Sq.Ft.

2 car garageParking

Listed by Todd Ferris • F.C. Tucker Company

Contact: Todd@FerrisPropertyGroup.com

Bought with Todd Campbell • United Real Estate Indpls

Redfin checked: 2 minutes ago

•Source:MIBOR as Distributed by MLS Grid #21478141

Redfin Estimate

$346,060

$171K since sold in July 2017$3,000 since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 46.3% higher than the average sale price ($237K) of 6 comparable homes.

SOLD JUL 10, 2026
$139,000
A
3 beds1.5 baths2,448 sq ft
5026 Rixon Ave, Indianapolis, IN 46221
SOLD APR 9, 2026
$222,000
B
3 beds2 baths2,037 sq ft
4747 Beth Ann Dr, Indianapolis, IN 46221
SOLD JUN 18, 2026
$225,000
C
4 beds2 baths2,080 sq ft
3610 Olender Dr, Indianapolis, IN 46221
SOLD JUL 14, 2026
$248,508
D
3 beds2 baths2,288 sq ft
5349 Gambel Rd, Indianapolis, IN 46221
SOLD SEP 24, 2025
$369,900
E
3 beds2 baths2,972 sq ft
5324 Mann Rd, Indianapolis, IN 46221
SOLD JUL 27, 2026
$215,000
F
3 beds2 baths1,248 sq ft
4221 Solun Rd, Indianapolis, IN 46221

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Earn from this home

Sell

$211,111

Est. take-home

List your home with Redfin and save $3,461

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

NEW 35 HRS AGO
$105,000
3 beds1 bath2,496 sq ft
840 S Pershing Ave, Indianapolis, IN 46221
NEW 1 DAY AGO
$285,000
3 beds2 baths2,148 sq ft
5514 Winship Ct, Indianapolis, IN 46221
NEW 1 DAY AGO
$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 4737 W Thompson Rd

Year

Property tax

Land + Additions

Assessment*

2025

$3,837 (+10.8%)

$26,700 + $307,200

$333,900

2024

$3,464 (+7.8%)

$26,700 + $252,300

$279,000

2023

$3,215 (+6.1%)

$26,700 + $252,300

$279,000

2022

$3,030 (+5.7%)

$26,700 + $229,500

$256,200

2021

$2,867 (+11.4%)

$26,700 + $192,900

$219,600

2020

$2,573 (+22.0%)

$26,700 + $192,900

$219,600

2019

$2,108 (+6.9%)

$26,700 + $192,900

$219,600

2018

$1,972 (+3.5%)

$26,700 + $130,500

$157,200

2017

$1,906 (+8.0%)

$26,700 + $114,100

$140,800

2016

$1,765 (+20.1%)

$26,700 + $114,100

$140,800

2015

$1,469 (−4.9%)

$26,700 + $103,200

$129,900

2014

$1,544 (+11.2%)

$26,700 + $98,700

$125,400

2013

$1,389

$26,700 + $104,700

$131,400

Tax history for 4737 W Thompson Rd

Year

Property tax

Land + Additions

Assessment*

2025

$3,837 (+10.8%)

$26,700 + $307,200

$333,900

2024

$3,464 (+7.8%)

$26,700 + $252,300

$279,000

2023

$3,215 (+6.1%)

$26,700 + $252,300

$279,000

2022

$3,030 (+5.7%)

$26,700 + $229,500

$256,200

2021

$2,867 (+11.4%)

$26,700 + $192,900

$219,600

2020

$2,573 (+22.0%)

$26,700 + $192,900

$219,600

2019

$2,108 (+6.9%)

$26,700 + $192,900

$219,600

2018

$1,972 (+3.5%)

$26,700 + $130,500

$157,200

2017

$1,906 (+8.0%)

$26,700 + $114,100

$140,800

2016

$1,765 (+20.1%)

$26,700 + $114,100

$140,800

2015

$1,469 (−4.9%)

$26,700 + $103,200

$129,900

2014

$1,544 (+11.2%)

$26,700 + $98,700

$125,400

2013

$1,389

$26,700 + $104,700

$131,400

*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

0.41 Acres

Year renovated

1963

Sq. Ft.

2,533

Year built

1963

Style

Multi-Family (2-4 Unit)

County

Marion County

APN

491406104007000200

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 29, 2026.

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

Property details

Parking

Parking Information
Garage Parking Other: Service Door
Parking Features: Asphalt, Attached, Garage Door Opener
Garage Spaces: 2
Has Garage

Interior

Interior Sq. Ft. Information
Building Area Total: 2675
Living Area: 2675
Main Level Sq. Ft.: 2675

Bedroom Information
# of Bedrooms Main: 4
Beds MU: 4
Bedrooms MU: 4

Bathroom Information
# of Full Baths (Total): 3
# of Full Baths (Main): 3
Full Baths MU: 4
Full Bathrooms MU: 3

Room 1 Information
Room Type: Living Room
Room Features: Carpet
Room Dimensions: 13x12
Room Level: Main

Room 2 Information
Room Type: Bedroom 4
Room Features: Carpet
Room Dimensions: 14x10
Room Level: Main

Room 3 Information
Room Type: Kitchen
Room Features: Vinyl
Room Dimensions: 12x11
Room Level: Main

Room 4 Information
Room Features: Hardwood
Room Dimensions: 19x13
Room Level: Main

Room 5 Information
Room Type: Dining Room
Room Features: Carpet
Room Dimensions: 12x12
Room Level: Main

Room 6 Information
Room Type: Family Room
Room Features: Carpet
Room Dimensions: 24x14
Room Level: Main

Room 7 Information
Room Type: Bedroom 2
Room Features: Carpet
Room Dimensions: 15x11
Room Level: Main

Room 8 Information
Room Type: Bedroom 3
Room Features: Carpet
Room Dimensions: 12x12
Room Level: Main

Room 9 Information
Room Type: Bonus Room
Room Features: Carpet
Room Dimensions: 11x09
Room Level: Main

Room 10 Information
Room Features: Other
Room Dimensions: 17x07
Room Level: Main

Room 11 Information
Room Type: Bonus Room
Room Features: Carpet
Room Dimensions: 15x10
Room Level: Main

Room 12 Information
Room Type: Kitchen
Room Dimensions: 11x10
Room Level: Main

Other Rooms Information
Rooms Upper: 0
Rooms Main: 12
Rooms Basement: 0
# of Rooms: 12

Laundry Room Information
Laundry Features: Main Level

Fireplace Information
# of Fireplaces: 1
Fireplace Features: Family Room, Gas Log

Heating & Cooling
Heating Information: Forced Air, Gas
Cooling Information: Central Electric

Interior Features
Interior Features: Attic Pull Down Stairs, Screens Complete, Windows Vinyl, Wood Work Painted, Pantry
Appliances: Dishwasher, Dryer, Disposal, Microwave, Gas Oven, Refrigerator, Washer, Gas Water Heater

Exterior

Exterior Features
Patio And Porch Features: Glass Enclosed, Glass Enclosed
Exterior Features: Barn Mini, Out Building With Utilities
Fencing: Privacy

Property Information
Ownership Interest Types: No Assoc
Other Equipment: Smoke Alarm
Property Type: Residential
Property Sub Type: Single Family Residence

Land Information
Acres: 1-3 Acres

Lot Information
Lot Size Acres: 1.54
Lot Features: Corner Lot, Irregular Lot, Mature Trees

Utilities

Utility Information
Utility Prim Sewage Disp: Municipal Sewer Connected
Water Source: Private Well
Utilities: Cable Connected, Gas
Solid Waste Information: Yes

Location

School Information
High School District: MSD Decatur Township

Location Information
Directions: Take I-67 South of of 465 to W. High School Road. South on High School to Thompson. Head West through a slight jaunt (yep, used "jaunt") with Mann Road, back to Thompson and your home on the right!
Tax Legal Description: COTTAGE PARK ON THE RIVER

Public facts

Beds: 3
Baths: —
Sq. Ft.: 2,533
Stories: 1.0
Lot Size: 0.41 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1963
Year Renovated: 1963
County: Marion County
APN: 491406104007000200

Home facts updated by county records on Jul 29, 2026

Other

Listing Information
Attribution Contact: Todd@FerrisPropertyGroup.com

Green Information
Green Certification YN: No

Home Information
Foundation Details: Block
Construction Materials: Stone, Wood
Levels: One

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

$329,000 – $398,000

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New listings for sale in 46221

NEW 35 HRS AGO

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840 S Pershing Ave, Indianapolis, IN 46221

NEW 1 DAY AGO3D WALKTHROUGH

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NEW 1 DAY AGO

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Home values near 4737 W Thompson Rd

Data from public records.

Address	Redfin Estimate
4720 West Thompson Rd, Indianapolis, IN 3 Beds \| 2 Baths \| 1440 Sq. Ft.	$194,392
4711 West Thompson Rd, Indianapolis, IN 3 Beds \| - Baths \| 1148 Sq. Ft.	$164,107

Address	Redfin Estimate
4738 West Thompson Rd, Indianapolis, IN 4 Beds \| 1.5 Baths \| 1776 Sq. Ft.	$195,739
4519 West Thompson Rd, Indianapolis, IN 1 Beds \| - Baths \| 768 Sq. Ft.	$106,496

Address	Redfin Estimate
4641 West Thompson Rd, Indianapolis, IN 2 Beds \| 1 Baths \| 1504 Sq. Ft.	$194,577
5035 South Edgehill St, Indianapolis, IN 3 Beds \| 1 Baths \| 2456 Sq. Ft.	$277,321

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2017. This data may not match . Learn more.

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