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    9700 E Thompson Rd Indianapolis, IN 46239

    Pending
    For Sale
    $1,875,000

    Farm - Indianapolis, IN

    Type:Farm
    Lot size:
    40.81 Acres
    Days on Market:
    436
    Last Refresh:
    Dec 10 at 11:06 am

    Property Features for 9700 E Thompson Rd

    General Information

    Property type
    Land
    Property subtype
    Farm
    Standard status
    Pending
    Zoning
    DA
    APN
    490932117001000300
    Exterior features
    Corner Lot
    Lot size
    40.81 Acres

    Building Details

    Architectural style
    Other

    Hoosier REALTORS LLC (317) 407-6608 [email protected]

    Listing agent Tyre Shelton (317) 862-5200 License #RB16001284

    Listing date Oct 1, 2024

    MLS# 21969756 Listing URL

    Copyright © 2025 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Agricultural Land Near Indianapolis

    This property features over 40 acres of agricultural land currently used for crops. It is located in close proximity to shopping, dining, city parks, and highways, and is within the Franklin Township school district. The land is situated approximately 15 minutes from downtown Indianapolis, in a growing housing area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Farms

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Auto Repair Shop Hair Salon Clothing Store Nail Salon Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -85.994491
    Latitude
    39.698733

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    FAQs

    What type of property is this?
    Farm - 40+ acre agricultural land parcel close to Indianapolis.
    Where is this farm located?
    The property is located at 9700 E Thompson Rd Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $1,875,000.
    What are key features of this property?
    This property features: - 40+ Acres of Agricultural Land; - Close proximity to shopping, dining, city parks and highways; - Just 15 Minutes to Downtown Indianapolis
    (317) 862-5200
    Request Owner's contact information
    9700 E Thompson Rd Indianapolis, IN 46239
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    Indianapolis, IN 46239
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    9700 E Thompson Rd Indianapolis, IN 46239
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