Last Sold Price
4 beds3,555 sqft$120/sqft
8023 Railroad Rd, Indianapolis, IN 46217

Description

This incredible property is essentially two homes for the price of one, featuring a connected apartment that can be used as an in-law suite or generate rental income (currently rented for $1,700 per month until Nov 15). With extensive upgrades, unique features, and thoughtful design, this home offers exceptional value and versatility. In 2012, a 2,400 sq. ft. addition was completed, expanding the home's living space. 2013 a 16' x 32' in-ground pool and pool house were added, creating a backyard retreat...This incredible property is essentially two homes for the price of one, featuring a connected apartment that can be used as an in-law suite or generate rental income (currently rented for $1,700 per month until Nov 15). With extensive upgrades, unique features, and thoughtful design, this home offers exceptional value and versatility. In 2012, a 2,400 sq. ft. addition was completed, expanding the home's living space. 2013 a 16' x 32' in-ground pool and pool house were added, creating a backyard retreat perfect for entertaining or relaxing. The pool house includes a sink and toilet (#1 only). In 2019, the former three-bedroom section of the home was transformed into an impressive game room / loft area. The south side flooring was reinforced to support a pool table, and the space now includes a wet bar and mini fridge. That same year, a deluxe walk-in closet was created, complete with its own sink and washer/dryer setup for added convenience. In 2025, a deck was added above the pergola, accessible directly from the primary suite through a new master bedroom door-perfect for morning coffee or evening sunsets. The home also features a Jack-and-Jill bathroom with two sinks, one shower, and one toilet, plus a master bath with a garden tub and private water closet. The great room's spiral staircase adds architectural charm and a touch of elegance. The entire front facade of the home was redone in 2024. The roof-covering the main home, the apartment carport, and the overhang-was also replaced in 2024. Out back 16' x 20' shed with a loft for additional storage. The connected apartment is fully equipped and beautifully updated. It features granite countertops, a cozy breakfast nook, and a newly refreshed bathroom (sink, exhaust fan, and fixtures all replaced in 2024). There's also a covered porch and carport, making the apartment completely independent and highly rentable. This home offers amazing flexibility for multi-generational living or rental income!
LISTING CLOSED: 02/06/2026 12:00 AM

  1. Listed by Todd Campbell • United Real Estate Indpls
    P: (317) 216-8800 C: (317) 989-3272 realtortodd@live.com

Property Details for 8023 Railroad Road

Status
MLS #
22071204
Days on Market
22
Taxes
$2,162 semi-annually
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Single Family Residence
Year Built
1980
Lot Size
0.59 AC / 25,700 SF
Architectural Style
Traditional
Subdivision Name
Hill Valley Estates
Township
Perry
Waterfront
No

Recent comparable sales

Median sold price

$395,000

Avg days on market

56

Sale-to-list ratio

94.9%

Indianapolis, IN

9 comparable properties found

$399,900 | 8341 Gallant Fox Drive, Indianapolis, IN 46217
1/38
1

$399,900

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4
Bedrooms
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Square Feet
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Acres
$449,000 | 7831 Ballyshannon Street, Indianapolis, IN 46217
1/36
2

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4
Bedrooms
3,513
Square Feet
0.24
Acres
$395,000 | 1722 Friendship Drive, Indianapolis, IN 46217
1/33
3

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4
Bedrooms
3,445
Square Feet
0.43
Acres
$379,000 | 1823 Trails Run Court, Indianapolis, IN 46217
1/51
4

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Bedrooms
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Square Feet
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Acres
$390,000 | 745 Canyon Road, Indianapolis, IN 46217
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Bedrooms
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Square Feet
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Acres
$364,900 | 8341 Valley Estates Drive, Indianapolis, IN 46227
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Bedrooms
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Square Feet
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Acres
$399,900 | 7725 Skerries Court, Indianapolis, IN 46217
1/63
7

$399,900

Sold 05/01/26

4
Bedrooms
2,988
Square Feet
0.44
Acres
$315,000 | 227 Narcissus Drive, Indianapolis, IN 46227
1/26
8

$315,000

Sold 03/11/26

4
Bedrooms
3,320
Square Feet
0.32
Acres
$447,500 | 8864 South Tibbs Avenue, Indianapolis, IN 46217
1/51
9

$447,500

Sold 07/14/25

4
Bedrooms
3,584
Square Feet
0.22
Acres

Location

Listing Courtesy of United Real Estate Indpls

Sold By CENTURY 21 Scheetz

Add your commute

Building Information for 8023 Railroad Road

Stories-Year Built1980Building Size-Lot Size0.59 AC / 25,700 SF

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Principal and Interest

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Property Taxes

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Property Information for 8023 Railroad Road

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46217
  • Postal Code Plus4: 4587
  • State Or Province: IN
  • View: Trees/Woods
  • View: Yes
Taxes and HOA Information
  • Attic YN: No
  • Parcel Number: 491423124010000500
  • Semi Annual Property Tax Amt: 2162
  • Tax Exemption: Homestead Tax Exemption
  • Tax Year: 2024
  • TaxLot: 1006
  • Tax Block: 29
School Information
  • Elementary School: Douglas MacArthur Elementary Sch
  • High School: Perry Meridian High School
  • School District: Perry Township Schools
Parking
  • Garage YN: Yes
  • Garage Spaces: 2.0
  • Garage SqFt: 441
Property
Lot Information
  • Acreage: 1/2-1 Acre
  • Lot Size Square Feet: 25700.0
  • Lot Size Acres: 0.59
  • Main Level SqFt: 1994
  • New Construction: False
  • Other Structures: Pool House
  • Living SqFt: 1561.0
  • Sqft Total: 3555.0
  • Sq Ft Total: 3555.0
  • Year Built Numeric: 1980
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • DPRYN: Yes
  • Legal Subdivision: Hill Valley Estates Sec 29 L1006
  • Photos Count: 70
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Transaction Type: Sale
  • Buyer Financing: Conventional
Utilities
  • Electric: 200+ Amp Service
  • Solid Waste: Yes
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Cement Siding
  • Exterior Features: Balcony, Barn Mini, Storage Shed
  • Foundation Details: Crawl Space
  • Pool Private: Yes
  • Horse Amenities: None
  • Pool Features: Fenced, In Ground, Outdoor Pool
  • Fencing: Full
Interior Features
  • Accessibility Features: No
  • Appliances: Dishwasher, Dryer, Disposal, MicroHood, Electric Oven, Refrigerator, Washer, Other, Microwave, Bar Fridge, Water Heater, Range Hood
  • Areas Interior: Bath Jack-n-Jill,Family Room 2nd Story,Laundry in Unit,Living Room Formal,Utility Room
  • Basement YN: No
  • Cooling: Central Air
  • Eating Area: Formal Dining Room
  • Fireplace Features: Free Standing
  • Fireplaces Total: 1
  • Heating: Forced Air, Heat Pump, Wood Stove
  • Interior Features: Vaulted Ceiling(s), Hardwood Floors, In-Law Arrangement, Walk-In Closet(s), Wood Work Painted, Breakfast Bar, Wet Bar
  • Levels: Two
  • Kitchen Features: Kitchen Updated
  • Additional Equipment: Smoke Alarm
  • Room List: Living Room, Dining Room, Kitchen, Great Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Loft, Breakfast Room, Laundry
  • Room and Features: Living Room-Main, Dining Room-Main, Kitchen-Main, Great Room-Main, Primary Bedroom-Upper, Bedroom 2-Upper, Bedroom 3-Upper, Bedroom 4-Main, Loft-Upper, Kitchen-Main-Tile-Ceramic, Breakfast Room-Main-Tile-Ceramic, Laundry-Main
  • Spa: No
  • Main Level Bedrooms: 1
  • Laundry Features: Connections All, Laundry Closet, Laundry Room, Sink
  • Num Bedrooms Upper: 3
  • Num Bedrooms Basement: 0
  • Rooms Basement: 0
Room Information
Room Information
  • Rooms MU: 13
  • Rooms Total MU: 13
  • Total Rooms: 13
Room 1
  • Room Level: Main
  • Room Dimensions: 18x11
  • Room Type: Living Room
Room 2
  • Room Level: Main
  • Room Dimensions: 18x11
  • Room Type: Dining Room
Room 3
  • Room Level: Main
  • Room Dimensions: 12x11
  • Room Type: Kitchen
Room 4
  • Room Level: Main
  • Room Dimensions: 24x22
  • Room Type: Great Room
Room 5
  • Room Level: Upper
  • Room Dimensions: 22x18
  • Room Type: Primary Bedroom
Room 6
  • Room Level: Upper
  • Room Dimensions: 20x10
  • Room Type: Bedroom 2
Room 7
  • Room Level: Upper
  • Room Dimensions: 20x10
  • Room Type: Bedroom 3
Room 8
  • Room Level: Main
  • Room Dimensions: 17x12
  • Room Type: Bedroom 4
Room 9
  • Room Level: Upper
  • Room Dimensions: 21x17
  • Room Type: Loft
Room 10
  • Room Level: Main
  • Room Dimensions: 19x12
  • Room Type: Living Room
Room 11
  • Room Level: Main
  • Room Dimensions: 12x11
  • Room Features: Tile-Ceramic
  • Room Type: Kitchen
Room 12
  • Room Level: Main
  • Room Dimensions: 10x8
  • Room Features: Tile-Ceramic
  • Room Type: Breakfast Room
Room 13
  • Room Level: Main
  • Room Dimensions: 8x7
  • Room Type: Laundry
Bathrooms
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms Total Count: 3
  • Full Baths Basement: 0
  • Full Baths Main: 1
  • Full Baths MU: 3
  • Full Baths Upper: 2
  • Half Baths Basement: 0
  • Half Baths Main: 0
  • Half Baths MU: 0
  • Half Baths Upper: 0
Bedrooms
  • Beds MU: 4
  • Bedrooms MU: 4
  • Bedrooms Total: 4

Property History for 8023 Railroad Road

DateEvent & SourcePriceAppreciation
Feb 6, 2026

Sold (Public Record)

Public Record #1933951896

$425,000
Feb 6, 2026

Sold

MIBORMLS #22071204

$425,000
Jan 6, 2026

Pending

MIBORMLS #22071204

DateEvent & SourcePrice
02/06/2026

Sold (Public Record)

Public Record #1933951896

$425,000
02/06/2026

Sold

MIBORMLS #22071204

$425,000
01/06/2026

Pending

MIBORMLS #22071204

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 8023 Railroad Road

Taxable ValueLand$26,300Additions$310,400Total$336,700
Tax Record2025$4,189 ($349 / month)
Home Facts
Beds3Baths2.5Total Finished SqFt3,555 SqFtAbove Grade Finished SqFt3,555 SqFtStories2Lot Size25,700 SqFtStyleSingle Family ResidenceYear Built1980Year Renovated2007CountyMARIONAPN49-14-23-124-010.000-500

Schools near 8023 Railroad Road

This home is within Perry Township Schools.
Rating
School
Type
Grades
Distance
Public - 1 to 5
Public - 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Douglas Macarthur Elementary School
Public1 to 5

Perry Meridian 6th Grade Academy
Public6

Perry Meridian Middle School
Public7 to 8

Perry Meridian High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of United Real Estate Indpls

Based on information submitted to the MLS GRID as of 02/07/2026 01:00 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.