1238 E Thompson Rd, Indianapolis, IN 46227 Property Records

Marion County property record for 1238 E Thompson Rd, Indianapolis, IN 46227

Property Summary

Property TypeSingle Family Home
Details3 bd · 945 sqft · built 1922
Lot Size0.735 acres (32,017 sqft)
OwnerCompany Name on File
Last Sale$200,747 (Aug 2026)
Tax Bill$4,504 (2025)
Deeds & MortgagesAug 2026 Construction Loan
Flood ZoneZone X (minimal risk)
APN49-10-31-113-035.000-500

Property Details

APN / Parcel Number

Primary APN49-10-31-113-035.000-500
Alternative APN
  • 5004741

Interior

Bedrooms3 Beds
Total Rooms6 Rooms
Stories1 Story
Building Area945 sqft Living Area
Gross Area1,785 sqft
1st Floor Area945 sqft
Basement Area840 sqft
Fireplaces1 Fireplace
FireplaceFireplace

Exterior

Year BuiltBuilt 1922
Effective Year BuiltEffective 1922
Construction TypeFrame
Roof MaterialAsphalt
Lot Area32,017 sqft (0.735 acres)
Lot Dimensions400 ft deep x 80 ft wide

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemCentral
SewerConnected

Location & Zoning

Street Address1238 E THOMPSON RD
CityINDIANAPOLIS
StateIN
Zip46227-4267
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionLONGACRE PT L41 BEG 5FT N OF SW COR L41N 395FT E 80FT S 400FT NW 80.16FT TO BEG
Legal SubdivisionLONGACRE PT
Legal Lot Number41
JurisdictionMARION IN
Township / Civil DivisionPERRY
Census Block Group2
Census Block2009
Census Tract380501

Owner

1238 E Thompson Rd is owned by a company that bought it in August 2026.

Source: Marion County records, as of August 28, 2026

Owner of RecordCompany Name on File
Mailing Address1506 W SMITH VALLEY RD, GREENWOOD, IN 46142-1548
Owner TypeCompany
VestingLimited Liability Partnership

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleAug 17, 2026 · Amount on File
Deed SaleAug 17, 2026 · Amount on File
Deed Document Number202671958
Record UpdatedOct 29, 2026

August 2026: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionMARION IN
Recording DateAug 17, 2026
Property Address1238 E THOMPSON RD, INDIANAPOLIS, IN 46227-4267
Document Number0000071958
Instrument DateAug 11, 2026
Instrument202671958
Transaction TypeTransfer
Record UpdatedOct 23, 2026
Title CompanyATLAS TITLE SOLUTIONS

Transaction

Tax$0.00
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipLimited Liability Partnership
Address1506 W SMITH VALLEY RD, GREENWOOD, IN 46142-1548
InvestorPossibly a Property Investor

Mortgage

Document Number0000071959,
DateAug 17, 2026
Instrument202671959
Lender
NameCOMMERCIAL LENDER LLC
Agreement
TypeConstruction Mortgage
AmountAmount on Record
Term12 Months
DueSep 1, 2027
Interest
Max Rate-1%

Tax Assessment & Valuation

The 2025 property tax bill for 1238 E Thompson Rd was $4,504.

Source: Marion County assessment roll, as of March 16, 2026

Property Jurisdictions

TypeName
StateIndiana
CountyMarion County
County SubdivisionPerry Township
Consolidated CityIndianapolis City
Unified School DistrictPerry Township Metropolitan School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$4,504.00$174,600 Land $19,900 Building $154,700$174,600 Land $19,900 Building $154,700
2023$3,445.00 (+7.86%)$135,500 (+8.49%) Land $19,900 Building $115,600$135,500 (+8.49%) Land $19,900 Building $115,600
2022$3,194.00$124,900 Land $19,900 Building $105,000$124,900 Land $19,900 Building $105,000

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 1238 E Thompson Rd in Zone X, an area of minimal flood risk, though there have been 6 flood claims nearby since 1987.

Source: FEMA National Flood Hazard Layer, effective June 7, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Community Rating SystemClass 8 (10% premium discount)
Nearby Flood Policies1 in force
Nearby Flood Claims6 (1987–2009)
Claims Outside the SFHA1 of 6
Most Recent ClaimAug 2009 · river or lake flooding

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

The area around 1238 E Thompson Rd has no burnable land within ember reach, so its wildfire risk is not rated.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskNot rated
no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemCITIZENS WATER - INDIANAPOLIS
serves 880,345 people · EPA ID IN5249004
Water SourceSurface water
Last State InspectionMay 2024
Lead3 ppb (2026)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 247 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
AT&T
Fiber
5,000 / 5,000
Xfinity
Cable
2,000 / 250
Verizon
Fixed Wireless
300 / 20
T-Mobile
Fixed Wireless
100 / 20

May also be available: Spectrum.

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