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  • Price cut: $101K (11/8)
    $899,000

    11502 E Thompson Rd, Indianapolis, IN 46239

    4beds
    3,094sqft
    : 
    Residential, Single Family Residence
    Built in 1969
    11.03 Acres Lot
    $-- Zestimate®
    $291/sqft
    $-- HOA

    What's special

    Escape to Your Private 11-Acre Haven, Where Timeless Charm Meets Endless Possibility! Tucked away in the heart of the Franklin Township countryside, this rare 11-acre parcel offers the perfect blend of privacy, open space, and classic charm. Whether you're dreaming of hobby farming, weekend retreats, or simply breathing room to grow, this property delivers the kind of lifestyle most only imagine. The well-maintained 4-bed, 3-bath home sits proudly at the front of the estate, with a solid stone exterior and timeless character throughout. Inside, you'll find real wood cabinetry, warm finishes, and natural light pouring in through generous windows. The layout flows easily from room to room, offering a cozy yet functional footprint ready to be lived in - or reimagined. Step outside and take in the quiet expanse of green space, mature trees, and your very own multi-use shed that's ideal for storage, workshops, or future conversion. The home's long, curved driveway welcomes you with classic Midwestern charm, while the surrounding acreage provides ample opportunity for gardens, livestock, or simply soaking in the peace and quiet of semi-rural living. Key Features: - ~11 Acres of Residential & Agricultural-Zoned Land - Solidly Built 2-Story Stone Home w/ 4 Beds, 2 Baths - Detached Garage + Additional Outbuilding - Private Well and Septic - Mature Trees, Expansive Lawns, and Scenic Views - Ideal for Hobby Farm, Horses, or Homestead Living Important note: This is not a cookiecutter new build. It's a home with history, heart, and potential, ready for your personal touch. A property like this doesn't come up often, and when it does, it doesn't stay long. Whether you're looking to live off the land, raise a family in open space, or invest in acreage with real potential for living and investment in a booming area, this is the opportunity.
    174 days
    |
    819
    |
    10
    |

    Zillow last checked: 8 hours ago

    Listing updated: November 08, 2025 at 03:07pm

    Listing Provided by:

    Jhirmal Singh 317-702-8049,

    Midland Realty Group, Inc.

    Source: MIBOR as distributed by MLS GRID,MLS#: 22053072MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Primary bedroom
    • Features: Other
    • Level: Upper
    • Dimensions: 1
    Bedroom 2
    • Features: Other
    • Level: Main
    • Dimensions: 1
    Bedroom 3
    • Features: Other
    • Level: Upper
    • Dimensions: 1
    Bedroom 4
    • Features: Other
    • Level: Upper
    • Dimensions: 1
    Dining room
    • Level: Main
    • Dimensions: 10
    Kitchen
    • Level: Main
    • Dimensions: 1
    Living room
    • Level: Main
    • Dimensions: 20
    Heating
    • Electric, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Gas Cooktop, Dishwasher, Microwave, Gas Oven, Refrigerator
    • Laundry: In Unit
    Features
    • Entrance Foyer, Wired for Data
    • Has basement: Yes
    • Number of fireplaces: 1
    • Fireplace features: Living Room
    Interior area
    • Total structure area: 3,094
    • Total interior livable area: 3,094 sqft
    • Finished area below ground: 337

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached
    • Attached garage spaces: 3
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 11.03 Acres
    • Features: Not In Subdivision, Rural - Not Subdivision, Mature Trees, See Remarks
    Details
    • Parcel number: 490934111005000300
    • Horse amenities: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Residential, Single Family Residence
    Materials
    • Brick
    • Foundation: Concrete Perimeter
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1969

    Utilities & green energy

    • Water: Public, Other

    Community & HOA

    Community
    • Subdivision: Franklin
    HOA
    • Has HOA: No
    Location
    • Region: Indianapolis

    Financial & listing details

    • Price per square foot: $291/sqft
    • Tax assessed value: $419,500
    • Annual tax amount: $4,556
    • Date on market: 7/26/2025
    • Cumulative days on market: 176 days
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    11/8/2025Price change$899,000-10.1%$291/sqft
    Source: MIBOR as distributed by MLS GRID #22053072 Report a problem
    7/26/2025Listed for sale$999,999+108.3%$323/sqft
    Source: MIBOR as distributed by MLS GRID #22053072 Report a problem
    10/24/2022Sold$480,000-12.7%$155/sqft
    Source: MIBOR as distributed by MLS GRID #21874806 Report a problem
    9/23/2022Pending sale$550,000$178/sqft
    Source: MIBOR as distributed by MLS GRID #21874806 Report a problem
    9/15/2022Price change$550,000-8.2%$178/sqft
    Source: MIBOR as distributed by MLS GRID #21874806 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$4,036 +16.1%$419,500 +14.5%
    2023$3,475 -17.2%$366,500 +21.4%
    2022$4,196 +6.4%$301,800 +3.3%

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $5,207/mo
    Principal & interest
    $4173
    Property taxes
    $719
    Home insurance
    $315

      Climate risks

      Neighborhood: College Corner

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • Middle: Franklin Central Junior High
      • High: Franklin Central High School

      Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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