2324 E Thompson Rd, Indianapolis, IN, 46227
About This Home
2 bedroom limestone ranch home on basement with attached garage, covered front porch and huge mature trees for a park like setting. Home has new roof electric service and windows but still needs finished with flooring, paint, drywall, HVAC and more. This could be a good option to finish the basement for additional living space or add egress windows for more bedrooms. There's lots of potential here and located in desirable Perry township. Could be a great investment opportunity. Seller would be willing to consider adding the cost of a major improvement such as plumbing/electrical/Hvac or other repair to the price and completing the improvements for the buyer under a land contract sale.
Getting Around
Car-Dependent
Minimal Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1956
Materials
- Foundation: Brick/Mortar
- Construction materials: Stone
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: None
Basement
- Has basement: Yes
- Basement: Unfinished
Bedroom2
- Features: Other
- Level: Main
- Area: 144
- Dimensions: 12x12
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Features
- Attic Access
- Attic: Access Only
- Finished area below ground: 0
Heating & Cooling
- Heating features: None
- Cooling features: None
Interior Area
- Total structure area: 1,799
- Total interior livable area: 1,799 sqft
Kitchen
- Features: Other
- Level: Main
- Area: 140
- Dimensions: 10x14
Living Room
- Features: Other
- Level: Main
- Area: 224
- Dimensions: 14x16
Master Bedroom
- Features: Other
- Level: Main
- Area: 144
- Dimensions: 12x12
Property
Details
- Parcel number: 491031100052000574
- Special condition: Broker Owned
- Horse amenities: None
Features
- Levels: One
- Stories: 1
Lot
- Lot size: 0.35 Acres
Parking
- Total spaces: 1
- Parking features: Attached
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $783 | $9,396 |
| Home Insurance * | $101 | $1,212 |
| Property Taxes | $114 | $1,368 |
| Electricity | $184 | $2,212 |
| Total | $1,182 | $14,184 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
Wildfire
Hail
WindHow Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-13 | Listed for sale | $154,500 |
| 2026-08-11 | Pending sale | $154,500 |
| 2026-08-05 | Price change | $154,500 |
| 2026-07-28 | Price change | $155,000 |
| 2026-07-21 | Price change | $157,000 |
| 2026-07-02 | Price change | $157,500 |
| 2026-06-29 | Price change | $159,000 |
| 2026-06-10 | Listed for sale | $160,000 |
| 2026-02-23 | Sold | $75,717 |
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