7322 E Thompson Rd is a 908 square foot house on a 4.04 acre lot with 3 bedrooms and 1 bathroom. Based on Redfin's Indianapolis data, we estimate the home's value is $224,300.
Single-familyProperty Type
1945Year Built
4.04 acresLot Size
$247Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$224,300
$0 since July
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 20.9% lower than the average sale price ($283K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$1,670 (+27.2%)
$35,500 + $123,100
$158,600
2024
$1,313 (+9.0%)
$35,900 + $83,300
$119,200
2023
$1,204 (−10.6%)
$35,900 + $83,300
$119,200
2022
$1,347 (+6.6%)
$34,900 + $83,300
$118,200
2021
$1,265 (+0.3%)
$33,300 + $74,100
$107,400
2020
$1,261 (+3.3%)
$33,300 + $74,100
$107,400
2019
$1,220 (+1.5%)
$33,300 + $74,100
$107,400
2018
$1,202
$29,000 + $74,100
$103,100
2017
$1,203 (+1.4%)
$29,800 + $71,600
$101,400
2016
$1,186 (+56.9%)
$29,800 + $71,600
$101,400
2015
$756 (−54.1%)
$30,000 + $70,000
$100,000
2014
$1,647 (+0.9%)
$27,800 + $55,600
$83,400
2013
$1,632
$27,800 + $54,500
$82,300
Tax history for 7322 E Thompson Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,670 (+27.2%)
$35,500 + $123,100
$158,600
2024
$1,313 (+9.0%)
$35,900 + $83,300
$119,200
2023
$1,204 (−10.6%)
$35,900 + $83,300
$119,200
2022
$1,347 (+6.6%)
$34,900 + $83,300
$118,200
2021
$1,265 (+0.3%)
$33,300 + $74,100
$107,400
2020
$1,261 (+3.3%)
$33,300 + $74,100
$107,400
2019
$1,220 (+1.5%)
$33,300 + $74,100
$107,400
2018
$1,202
$29,000 + $74,100
$103,100
2017
$1,203 (+1.4%)
$29,800 + $71,600
$101,400
2016
$1,186 (+56.9%)
$29,800 + $71,600
$101,400
2015
$756 (−54.1%)
$30,000 + $70,000
$100,000
2014
$1,647 (+0.9%)
$27,800 + $55,600
$83,400
2013
$1,632
$27,800 + $54,500
$82,300
*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
D3
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.
Remove and replace the air conditioning unit, coil, and lineset.
HVAC
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
Bathroom Information
# of Full Baths: 1
Heating & Cooling
Air Conditioning Type: Central
Heating Type: Warm Air
Room Information
# of Rooms: 6
Exterior
Exterior Information
Physical Condition: Average
Construction Type: Wood
Building Type: Single Family
Property Information
Living Sq. Ft: 908
Adjusted Gross Sq. Ft: 908
Ground Floor Sq. Ft: 908
Building Sq. Ft: 908
# of Stories: 1
Legal Description: PT SE1/4 SW1/4 S36 T15 R4 BEG 528FT E OF SW COR N1334.53FT E 132FT S 1334.28FT W 132FT TO BEG4.04AC
Parking & Garage Information
Parking Type: Detached Garage
Garage/Parking Sq. Ft: 576
Garage / Carport Type: Detached
Lot Information
# of Buildings: 1
Land Sq. Ft: 175,982
Municipality Name: FRANKLIN, OUTSIDE
Acres: 4.04
County Use Description: 1 FAM DWLG ON UNPLAT 0-9.99AC
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 908
Stories: 1.0
Lot Size: 4.04 acres
Style: Single Family Residential
Year Built: 1945
Year Renovated: 1945
County: Marion County
APN: 491036106012000300
Home facts updated by county records on Jul 29, 2026
Around this home
Schools
Thompson Crossing Elementary School
Public K-3 • Assigned • 0.2mi
5/10
Franklin Central Junior High
Public 7-8 • Assigned • 3.3mi
5/10
Franklin Central High School
Public 9-12 • Assigned • 1.7mi
7/10
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
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Indianapolis, IN • 46239
Average low and high temperatures (°F)
32
17
41
25
60
39
68
47
71
53
82
65
86
70
83
64
80
58
70
47
53
38
41
27
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
$214,000 – $258,000
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