Discover an exceptional investment in the thriving neighborhood near Edgewood with this fully occupied triplex. Featuring two cozy upstairs units, each offering 1 bedroom and 1 bathroom, alongside a spacious 2-bedroom, 1-bathroom unit on the first floor, this property presents a diverse range of living options. Enjoy the convenience of steady rental income from all three units, coupled with the allure of a sought-after location close to local amenities and attractions. Seize this prime opportunity to own a profitable piece of real estate in a bustling community.
Sold
$215,000
1220 E Thompson Rd, Indianapolis, IN 46227
4beds
3baths
--sqft
Multi Family, Triplex
Built in 1916
-- sqft lot
$235,700 Zestimate®
$--/sqft
$1,395 Estimated rent
Home value
$235,700
$214,000 - $259,000
$1,395/mo
Zestimate® history
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$1,395/mo
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$1,381/mo
Est. payment
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Est. payment
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Zillow last checked:
Listing updated:
Listing Provided by:
Matthew Ford 219-921-9051,
PMI Indianapolis
Bought with:
Denis O'Brien
Keller Williams Indy Metro S
Source: MIBOR as distributed by MLS GRID,MLS#: 21975234
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Features
- Has basement: Yes
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
- Details: Unit Parking(2 Car Garage)
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.71 Acres
Details
- Parcel number: 491031113033000500
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Triplex
Condition
- New construction: No
- Year built: 1916
Community & neighborhood
Location
- Region: Indianapolis
- Subdivision: No Subdivision
Price history
| Date | Event | Price |
|---|---|---|
| 10/10/2024 | Sold | $215,000-8.5% |
Source:  MIBOR as distributed by MLS GRID #21975234 Report a problem | ||
| 9/2/2024 | Pending sale | $235,000 |
Source: MIBOR as distributed by MLS GRID #21975234 Report a problem | ||
| 8/16/2024 | Price change | $235,000-2.1% |
Source: MIBOR as distributed by MLS GRID #21975234 Report a problem | ||
| 6/21/2024 | Listed for sale | $240,000 |
Source: MIBOR as distributed by MLS GRID #21975234 Report a problem | ||
| 6/10/2024 | Pending sale | $240,000 |
Source: MIBOR as distributed by MLS GRID #21975234 Report a problem | ||
| 5/29/2024 | Price change | $240,000-4% |
Source: MIBOR as distributed by MLS GRID #21975234 Report a problem | ||
| 4/22/2024 | Listed for sale | $250,000+16.8% |
Source: MIBOR as distributed by MLS GRID #21975234 Report a problem | ||
| 4/4/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 3/27/2024 | Listed for rent | $895+12.6% |
Source: Zillow Rentals Report a problem | ||
| 5/24/2021 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
| 5/18/2021 | Listed for rent | $795-11.7% |
Source: Zillow Rental Network Premium Report a problem | ||
| 5/10/2021 | Sold | $214,000-4.9% |
Source: MIBOR as distributed by MLS GRID #21775021 Report a problem | ||
| 4/7/2021 | Pending sale | $225,000 |
Source: MIBOR as distributed by MLS GRID #21775021 Report a problem | ||
| 4/2/2021 | Listed for sale | $225,000+125% |
Source: MIBOR as distributed by MLS GRID #21775021 Report a problem | ||
| 1/5/2019 | Listing removed | $900 |
Source: RE/MAX Results #21582605 Report a problem | ||
| 9/6/2018 | Price change | $900-10% |
Source: RE/MAX Results #21582605 Report a problem | ||
| 8/21/2018 | Price change | $1,000-31% |
Source: RE/MAX Results #21582605 Report a problem | ||
| 7/20/2018 | Listed for rent | $1,450 |
Source: RE/MAX Results #21582605 Report a problem | ||
| 6/25/2018 | Sold | $100,000 |
Source: MIBOR as distributed by MLS GRID #21576512 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,198 +4.4% | $302,900 +24.4% |
| 2024 | $5,938 +8.5% | $243,500 +4.5% |
| 2023 | $5,472 +18.9% | $233,100 +9.1% |
| 2022 | $4,601 +9.6% | $213,600 +20.9% |
| 2021 | $4,198 +12.3% | $176,700 +10.3% |
| 2020 | $3,736 +3.4% | $160,200 +13.1% |
| 2019 | $3,614 -4.5% | $141,700 +2.4% |
| 2018 | $3,786 -7.2% | $138,400 -3.7% |
| 2017 | $4,078 +5.2% | $143,700 -3.6% |
| 2016 | $3,879 +7.4% | $149,100 +0.6% |
| 2014 | $3,611 +0.9% | $148,200 |
| 2013 | $3,579 | $148,200 +1.6% |
| 2012 | $3,579 | $145,800 +1.7% |
| 2011 | -- | $143,300 |
| 2010 | $2,883 +0.4% | $143,300 |
| 2009 | $2,871 | $143,300 +9% |
| 2007 | -- | $131,500 |
Find assessor info on the county website
Neighborhood: Edgewood
Nearby schools
GreatSchools rating
- 6/10Southport 6th Grade AcademyGrades: 6Distance: 1.1 mi
- 4/10Southport High SchoolGrades: 9-12Distance: 1.6 mi
- 6/10Southport Middle SchoolGrades: 7-8Distance: 1.1 mi
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Estimated market value
$235,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$235,700
- Indiana
- Marion County
- Indianapolis
- 46227
- Edgewood
- 1220 E Thompson Rd