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 open 2-bedroom, 1-bathroom unit on the first floor, this property presents a diverse range of lving options.

Enjoy the convenience of steady rental income from all three units, coupled with the allure of a sought-after l ocation close to local amenities and attractions. Seize this prime opportunity to own a profitable piece of real estate in a bustling community.

Request Information
on 1220 E Thompson Rd
in Indianapolis, IN
Presented by Matthew Ford at
Pmi Indianapolis.


Property MLS #21975234 from MIBOR

+ Reveal additional info including schools and tax history

+ Toggle All

+ Exterior and Lot Features

Road Access: Not Applic

+ Land Info

Lot Size Acres: 0.71
Lot Size Square Feet: 30927

+ Garage and Parking

Garage Spaces: 2
Parking Features: Detached

+ Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0
Pet Description: Pet Restrictions Source: 1, Pet Size: 1, Pet Deposit Fee: 1

+ Rental Info

Gross Income: 2965

+ Multi-Unit Info

Number of Units: 3
Unit Type: 2 Bedroom, 1 Bedroom, 1 Bedroom
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Rooms in Unit-1: 8
Total Rooms in Unit-2: 4
Total Rooms in Unit-3: 4
Unit-1 Square Feet: 1500
Unit-2 Square Feet: 800
Unit-3 Square Feet: 800
Unit 1 Total Actual Rent: 1239
Unit 2 Total Actual Rent: 913
Unit 3 Total Actual Rent: 813

+ School Information

High School District: Indianapolis Public Schools
+ Display Complete School Details

Southport 6th Grade Academy is a public elementary and middle school located approximately 1.1 miles away.
Map directions

Southport High School is a public high school located approximately 1.6 miles away.
Map directions

Montessori Garden Academy is a private elementary school located approximately 1 miles away.
Map directions

+ Other Property Info

Source Listing Status: Active
County: Marion
Directions: GPS Friendly
Tax Year: 2023
Source Property Type: Residential Income
Area: 4907 - Marion - Perry
Source Neighborhood: 4907 - Marion - Perry
Owner Pays: All Utilities
Parcel Number: 491031113033000500
Postal Code Plus 4: 4267
Township: Perry
Property Subtype: Triplex
Lot Number: 5002061
Source System Name: C2C
+ Reveal Tax History

Year	Assessments Building + Land Total	Tax
2022	$157,000 + $19,700 $176,700	$5,684
2021	$157,000 + $19,700 $176,700	$4,807
2020	$140,500 + $19,700 $160,200	$4,397
2019	$132,700 + $9,000 $141,700	$3,930
2018	$129,400 + $9,000 $138,400	$3,802
2017	$134,700 + $9,000 $143,700	$3,936
2016	$140,100 + $9,000 $149,100	$4,078
2015	$143,600 + $9,000 $152,600	$3,878
2014	$139,200 + $9,000 $148,200	$3,611
2013	$139,200 + $9,000 $148,200	$3,628
2012	$136,800 + $9,000 $145,800	$3,579
2011	$125,600 + $17,700 $143,300	$2,883
2010	$125,600 + $17,700 $143,300	$2,871
2008	$113,800 + $17,700 $131,500	$3,236
2008	$125,600 + $17,700 $143,300	$3,236
2006	$114,400 + $17,800 $132,200	$2,945

+ Reveal Property Sale History

Listed 2024-04-22
$250,000
MIBOR

---

Listing removed 2024-04-03
$0
TenantTurner

---

Listed for rent 2024-03-27
$895
TenantTurner

---

Sold 2021-05-20
$214,000
Public Record

---

Listing removed 2021-05-10
$225,000
MIBOR

---

Listed 2021-04-02
$225,000
MIBOR

---

Listing removed 2019-01-05
$0
MIBOR

---

Price Changed for rent 2018-09-05
$900
MIBOR

---

Price Changed for rent 2018-08-20
$1,000
MIBOR

---

Listed for rent 2018-07-19
$1,450
MIBOR

---

Sold 2018-06-29
$100,000
Public Record

---

Listing removed 2018-06-25
$150,000
MIBOR

+ Building and Construction

Year Built: 1916
Levels: Two
Property Age: 108