NOT LISTED FOR SALE

5508 W Thompson Rd Indianapolis, IN 46221

Valley Mills Neighborhood

Estimated Value: $219,000 - $231,000

3 Beds
2 Baths
1,216 Sq Ft
$185/Sq Ft Est. Value

About This Home

This home is located at 5508 W Thompson Rd, Indianapolis, IN 46221 and is currently estimated at $225,170, approximately $185 per square foot. 5508 W Thompson Rd is a home located in Marion County with nearby schools including Valley Mills Elementary School, Decatur Middle School, and Decatur Central High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2025
Sold by
Stephenson Michalin K
Bought by
Stephenson Michalin K and Stephenson Ricky Joe
Current Estimated Value
$225,170

Purchase Details

Closed on
Mar 2, 2022
Sold by
Elsa E Knoy Revocable Living Trust
Bought by
Stephenson Michalin K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,320
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2006
Sold by
Knoy Elsa E
Bought by
Knoy Elsa E and Elsa E Knoy Revocable Living T
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Stephenson Michalin K -- None Listed On Document
Stephenson Michalin K -- None Listed On Document
Knoy Elsa E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stephenson Michalin K $138,320
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,022 $191,100 $17,300 $173,800
2023 $2,022 $170,500 $17,300 $153,200
2022 $1,879 $156,500 $17,300 $139,200
2021 $1,642 $132,100 $17,300 $114,800
2020 $1,257 $112,100 $17,300 $94,800
2019 $1,487 $120,000 $17,300 $102,700
2018 $1,374 $111,800 $17,300 $94,500
2017 $1,277 $103,200 $17,300 $85,900
2016 $1,358 $110,500 $17,300 $93,200
2014 $1,236 $110,500 $17,300 $93,200
2013 $1,095 $110,500 $17,300 $93,200
Source: Public Records

Map

Indiana Marion County Indianapolis 46221 Valley Mills

5508 W Thompson Rd, Indianapolis, IN

This home is located at 5508 W Thompson Rd, Indianapolis, IN 46221 and is currently estimated at $225,170, approximately $185 per square foot. 5508 W Thompson Rd is a home located in Marion County with nearby schools including Valley Mills Elementary School, Decatur Middle School, and Decatur Central High School.

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