Last Sold Price
3 beds2,050 sqft$50/sqft
340 E Thompson Rd, Indianapolis, IN 46227

Description

Beautiful residential home close to restaurants and shopping. This zoned C-3 property may also be used as commerical. Only motivated buyers please - send us an offer! Full brick wrap ranch on over 1/2 acre lot. Beautiful back yard. Hardwood flooring in living area, eat-in kitchen, nice, dry full basement. Great location. New bathroom with jacuzzi in master. New furnace and water softener. 2.5 car detached garage with 220 and ample parking. Patio, deck. All kitchen appliances stay.Beautiful residential home close to restaurants and shopping. This zoned C-3 property may also be used as commerical. Only motivated buyers please - send us an offer! Full brick wrap ranch on over 1/2 acre lot. Beautiful back yard. Hardwood flooring in living area, eat-in kitchen, nice, dry full basement. Great location. New bathroom with jacuzzi in master. New furnace and water softener. 2.5 car detached garage with 220 and ample parking. Patio, deck. All kitchen appliances stay.
LISTING CLOSED: 09/01/2016 12:00 AM

  1. Listed by Todd Burton • IPM Real Estate
    P: (317) 588-3300 tburton@bhhsin.com
  2. Listed by Michelle Miller • IPM Real Estate
    mmiller@indypm.com

Property Details for 340 East Thompson Road

Status
MLS #
21423156
Days on Market
83
Taxes
$258 semi-annually
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Single Family Residence
Year Built
1957
Lot Size
0.58 AC / 25,264 SF
Architectural Style
Ranch
Subdivision Name
No Subdivision
Township
Perry

Recent comparable sales

Median sold price

$260,000

Avg days on market

59

Sale-to-list ratio

90.5%

Indianapolis, IN

9 comparable properties found

$269,900 | 434 Powell Street, Indianapolis, IN 46227
1/43
1

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3
Bedrooms
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Square Feet
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Acres
$258,000 | 4804 Manker Street, Indianapolis, IN 46227
1/43
2

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Sold 05/26/26

3
Bedrooms
1,957
Square Feet
0.5
Acres
$170,000 | 5220 Southdale Drive, Indianapolis, IN 46217
1/42
3

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Sold 10/17/24

3
Bedrooms
1,900
Square Feet
0.34
Acres
$299,900 | 202 West Elbert Street, Indianapolis, IN 46217
1/2
4

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Sold 12/26/25

3
Bedrooms
2,287
Square Feet
0.43
Acres
$260,000 | 302 Maxwell Road, Indianapolis, IN 46217
1/42
5

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Sold 10/17/25

3
Bedrooms
2,080
Square Feet
0.57
Acres
$265,000 | 5330 Manker Street, Indianapolis, IN 46227
1/40
6

$265,000

Sold 04/29/25

3
Bedrooms
1,920
Square Feet
0.46
Acres
$185,000 | 1249 Lawrence Avenue, Indianapolis, IN 46227
1/40
7

$185,000

Sold 11/06/24

3
Bedrooms
1,814
Square Feet
0.23
Acres
$285,000 | 1318 Lawrence Avenue, Indianapolis, IN 46227
1/21
8

$285,000

Sold 12/01/25

3
Bedrooms
2,024
Square Feet
0.2
Acres
$185,000 | 401 West Edwards Avenue, Indianapolis, IN 46217
1/18
9

$185,000

Sold 02/27/26

3
Bedrooms
2,101
Square Feet
1.9
Acres

Location

Listing Courtesy of IPM Real Estate

Sold By Jeneene West Realty, LLC

Add your commute

Building Information for 340 East Thompson Road

Stories-Year Built1957Building Size-Lot Size0.58 AC / 25,264 SF

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$559 per month

30 year fixed, 6.55% Interest

Principal and Interest

$516

Property Taxes

$43

HOA Dues

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Property Information for 340 East Thompson Road

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: US 31 JUST SOUTH OF I-465 TO THOMPSON RD, WEST ON THOMPSON RD PROPERTY ON RIGHT.
  • Postal Code: 46227
  • State Or Province: IN
Taxes and HOA Information
  • Attic YN: No
  • Parcel Number: 491136106055000500
  • Semi Annual Property Tax Amt: 258
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption
  • Tax Year: 2016
  • TaxLot: 1
School Information
  • School District: Perry Township Schools
Parking
  • Garage YN: Yes
  • Garage Spaces: 2.0
Property
Lot Information
  • Acreage: <1/4 Acre
  • Lot Size Square Feet: 0.58
  • Lot Size Acres: 0.58
  • Main Level SqFt: 1025
  • MLS: MIBOR
  • New Construction: False
  • Living SqFt: 0.0
  • Sq Ft Total: 2050.0
  • Year Built Numeric: 1957
  • Below Grade Finished Area: 384.0
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Inspection Warranties: Not Applicable
  • Legal Subdivision: PT NW1/4 S1 T14 R3 & PT SW1/4 S36 T15 R3 BEG209.35FT S & 570 58FT W & 50FT N of NE COR of NW1/4S1 N 342FT E74.29FT S 350.42FT IRR WRLY 74.32FTTO BEG .583AC
  • Ownership Type: None
  • Photos Count: 21
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Transaction Type: Sale
  • Buyer Financing: Conventional
Green Features
  • Green Certification: No
Utilities
  • Solid Waste: Yes
  • Water Source: Private Well
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick
  • Foundation Details: Block
Interior Features
  • Appliances: Disposal, Electric Oven, Refrigerator, Gas Water Heater
  • Basement Description: Unfinished
  • Basement YN: Yes
  • Fireplaces Total: 0
  • Heating: Forced Air, Natural Gas
  • Interior Features: Attic Access, Hardwood Floors, Wood Work Stained, Eat-in Kitchen
  • Levels: One
  • Additional Equipment: Smoke Alarm
  • Room List: Bedroom 2, Bedroom 3, Breakfast Room, Kitchen, Living Room, Primary Bedroom
  • Room and Features: Basement-Other, Bedroom 2-Main-Hardwood, Bedroom 3-Main-Hardwood, Breakfast Room-Main-Vinyl, Kitchen-Main-Vinyl, Living Room-Main-Hardwood, Primary Bedroom-Main-Hardwood
  • Main Level Bedrooms: 3
  • Num Bedrooms Upper: 0
  • Num Bedrooms Basement: 0
Room Information
Room Information
  • Rooms MU: 0
  • Rooms Total MU: 0
  • Total Rooms: 5
Room 1
  • Room Level: Basement
  • Room Dimensions: 30x20
  • Room Features: Other
Room 2
  • Room Level: Main
  • Room Dimensions: 10x10
  • Room Features: Hardwood
  • Room Type: Bedroom 2
Room 3
  • Room Level: Main
  • Room Dimensions: 11x9
  • Room Features: Hardwood
  • Room Type: Bedroom 3
Room 4
  • Room Level: Main
  • Room Dimensions: 11x7
  • Room Features: Vinyl
  • Room Type: Breakfast Room
Room 5
  • Room Level: Main
  • Room Dimensions: 9x8
  • Room Features: Vinyl
  • Room Type: Kitchen
Room 6
  • Room Level: Basement
  • Room Dimensions: 8x7
  • Room Features: Other
Room 7
  • Room Level: Main
  • Room Dimensions: 20x12
  • Room Features: Hardwood
  • Room Type: Living Room
Room 8
  • Room Level: Main
  • Room Dimensions: 13x10
  • Room Features: Hardwood
  • Room Type: Primary Bedroom
Bathrooms
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total Count: 2
  • Full Baths Basement: 0
  • Full Baths Main: 2
  • Full Baths MU: 3
  • Full Baths Upper: 0
  • Half Baths Basement: 0
  • Half Baths Main: 0
  • Half Baths MU: 0
  • Half Baths Upper: 0
Bedrooms
  • Beds MU: 3
  • Bedrooms MU: 3
  • Bedrooms Total: 3

Property History for 340 East Thompson Road

DateEvent & SourcePriceAppreciation
Sep 1, 2016

Sold

MIBORMLS #21423156

$101,500
Aug 31, 2016

Sold (Public Record)

Public Record #578080646

$101,500

+23.4% / yr

Aug 30, 2016

Pending

MIBORMLS #21423156

DateEvent & SourcePrice
09/01/2016

Sold

MIBORMLS #21423156

$101,500
08/31/2016

Sold (Public Record)

Public Record #578080646

$101,500

+23.4% / yr

08/30/2016

Pending

MIBORMLS #21423156

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 340 East Thompson Road

Taxable ValueLand$20,700Additions$155,400Total$176,100
Tax Record2024$2,198 ($183 / month)
Home Facts
Beds3Total Finished SqFt1,025 SqFtAbove Grade Finished SqFt1,025 SqFtStories1Lot Size25,265 SqFtStyleSingle Family ResidenceYear Built1957CountyMARIONAPN49-11-36-106-055.000-500

Schools near 340 East Thompson Road

This home is within Perry Township Schools.
Rating
School
Type
Grades
Distance
Public - 1 to 5
Public - 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Abraham Lincoln Elementary School
Public1 to 5

Perry Meridian 6th Grade Academy
Public6

Perry Meridian Middle School
Public7 to 8

Perry Meridian High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 340 East Thompson Road, Indianapolis, IN 46227
$101,500
3
2,050
25,264
$150,000
576
50,094
$150,000
49,222
$3,277,079
16,739
75,359
$100,000
2
2,004
25,265
3
1,615
3,615

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of IPM Real Estate

Based on information submitted to the MLS GRID as of 05/01/2025 02:14 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.