Sold
Last Sold Price
3 beds960 sqft$156/sqft
8031 Railroad Rd, Indianapolis, IN 46217
Single FamilyProperty Type
0.56 acresLot Size
1980Year Built
$156/sq ftPrice per sq ft
1 carParking Spaces

Description

Wonderful value in Perry Township’s popular Hill Valley Estates! 3BR 1.5BA Ranch home on one of biggest lots in the neighborhood. New Roof and Gutters, New laminate flooring throughout home, newer kitchen appliances, garage door opener, disposal. Kitchen updates include a new backsplash. Newer washer and dryer included. Step out back to relax under your gazebo and enjoy the ½ acre fenced bkyd that appears to go forever. Lots of room for the kids and pets to run, start a garden and entertain friends...Wonderful value in Perry Township’s popular Hill Valley Estates! 3BR 1.5BA Ranch home on one of biggest lots in the neighborhood. New Roof and Gutters, New laminate flooring throughout home, newer kitchen appliances, garage door opener, disposal. Kitchen updates include a new backsplash. Newer washer and dryer included. Step out back to relax under your gazebo and enjoy the ½ acre fenced bkyd that appears to go forever. Lots of room for the kids and pets to run, start a garden and entertain friends and family. Close to schools, shopping, entertainment, and highways.
  • Listed by: Andrew Ludlow 317.888.9300 aludlow@callcarpenter.com • Carpenter, REALTORS®
Listing closed: 03/12/2021 12:00 AM • Source: MIBORMLS, MLS#: 21761048

Recent comparable sales

Median sold price

$192,000

Avg days on market

34

Sale-to-list ratio

94.1%

Indianapolis, IN

9 comparable properties found

$118,000 | 8904 Rock Island Court, Indianapolis, IN 46217
1/15
1

$118,000

Sold 01/09/25

3
Bedrooms
1,102
Square Feet
0.38
Acres
$195,000 | 8631 Zephyr Drive, Indianapolis, IN 46217
1/31
2

$195,000

Sold 09/25/24

3
Bedrooms
1,014
Square Feet
0.24
Acres
$174,900 | 20 East Beechwood Lane, Indianapolis, IN 46227
1/2
3

$174,900

Sold 08/10/26

3
Bedrooms
1,075
Square Feet
0.47
Acres
$140,000 | 26 East Stop 13 Road, Indianapolis, IN 46227
1/26
4

$140,000

Sold 03/03/26

3
Bedrooms
1,056
Square Feet
0.41
Acres
$185,000 | 7844 Wedgefield Drive, Indianapolis, IN 46217
1/38
5

$185,000

Sold 03/31/26

3
Bedrooms
1,155
Square Feet
0.31
Acres
$192,000 | 1116 Milwaukee Court, Indianapolis, IN 46217
1/31
6

$192,000

Sold 02/13/26

3
Bedrooms
1,064
Square Feet
0.23
Acres
$220,000 | 8632 Zephyr Drive, Indianapolis, IN 46217
1/36
7

$220,000

Sold 03/27/26

3
Bedrooms
1,064
Square Feet
0.23
Acres
$193,000 | 625 West Southport Road, Indianapolis, IN 46217
1/25
8

$193,000

Sold 06/05/26

3
Bedrooms
1,036
Square Feet
0.56
Acres
$218,000 | 8829 Depot Drive, Indianapolis, IN 46217
1/2
9

$218,000

Sold 05/16/25

3
Bedrooms
1,064
Square Feet
0.24
Acres

Location

Listing Courtesy of Carpenter, REALTORS®

Sold By Carpenter, REALTORS®

Add your commute

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$861 per month

30 year fixed, 6.71% Interest

Principal and Interest

$775

Property Taxes

$86

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 8031 Railroad Road

Property Details
  • Taxes: $518 semi-annually
  • MLS Type: Residential / Single Family Residence
  • Architectural Style: Ranch, TraditonalAmerican
  • Subdivision Name: HILL VALLEY ESTATES
  • Township: Perry
Building Information
  • Year Built: 1980
  • Lot Size: 0.56 AC / 24,219 SF
Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: Meridian St(135) south to Stop 11 Rd. Stop 11 to Railroad Rd. Left on Railroad Rd. Home is on the left.
  • Postal Code: 46217
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 491423124011000500
  • Semi Annual Property Tax Amt: 518
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption
  • Tax Year: 2019
Parking
  • Garage YN: Yes
  • Garage Parking Features: Attached
  • Garage Parking Other: Garage Door Opener
  • Garage Spaces: 1.0
  • Garage SqFt: 288
Property
Lot Information
  • Acreage: 1/2-1 Acre
  • Building Area Source: Assessor
  • Lot Number: 1007
  • Lot Size: 24,219
  • Lot Size Acres: 0.556
  • Main Level SqFt: 960
  • MLS: MIBOR
  • New Construction: False
  • SqFt Main Upper: 960
  • Sqft Total: 960.0
  • Sq Ft Total: 960.0
  • Year Built Numeric: 1980
Property and Assessments
  • Affected by Disclosures: 0
  • DPRYN: 1
  • Inspection Warranties: Not Applicable
  • Ownership Type: NoAssoc
  • Photos Count: 26
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • SaleTerms: FHA
  • Supplement Count: 1
  • Transaction Type: Sale
Green Features
  • Green Certification: 0
Utilities
  • Sewer: Sewer Connected
  • Solid Waste: 1
  • Water Heater: Electric
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding
  • Exterior Features: Barn Mini, Driveway Concrete, Fence Full Rear
  • Foundation Details: Slab
  • Fuel: Electric
  • Porch: Gazebo,Porch Open
Interior Features
  • Appliances: Dishwasher, Dryer, Disposal, MicroHood, Electric Oven, Refrigerator, Washer
  • Areas Interior: Laundry in Unit,Laundry Room Main Level
  • Basement YN: No
  • Cooling: Central Air
  • Eating Area: Dining Combo/Kitchen
  • Fireplace Features: None
  • Fireplaces Total: 0
  • Heating: Forced Air
  • Interior Features: Attic Access, Cathedral Ceiling(s), Wood Work Painted
  • Levels: One
  • Kitchen Features: Kitchen Some Updates
  • Master Bedroom Description: Bath Half,Closet Walk in
  • Additional Equipment: Smoke Detector
  • Room List: Master Bedroom, Kitchen, Bedroom 2, Bedroom 3, Living Room, Dining Room
  • Room and Features: Master Bedroom-Main-Laminate, Kitchen-Main-Laminate, Bedroom 2-Main-Laminate, Bedroom 3-Main-Laminate, Living Room-Main-Laminate, Dining Room-Main-Laminate
Room Information
Room Information
  • Rooms MU: 6
  • Rooms Total MU: 6
  • Total Rooms: 6
Room 1
  • Room Level: Main
  • Room Dimensions: 12x12
  • MBR_Room Window Treatments: 0
  • Room Features: Laminate
  • Room Type: Master Bedroom
Room 2
  • Room Level: Main
  • Room Dimensions: 11x08
  • MBR_Room Window Treatments: 0
  • Room Features: Laminate
  • Room Type: Kitchen
Room 3
  • Room Level: Main
  • Room Dimensions: 10x08
  • MBR_Room Window Treatments: 0
  • Room Features: Laminate
  • Room Type: Bedroom 2
Room 4
  • Room Level: Main
  • Room Dimensions: 12x08
  • MBR_Room Window Treatments: 0
  • Room Features: Laminate
  • Room Type: Bedroom 3
Room 5
  • Room Level: Main
  • Room Dimensions: 15x11
  • MBR_Room Window Treatments: 0
  • Room Features: Laminate
  • Room Type: Living Room
Room 6
  • Room Level: Main
  • Room Dimensions: 11x09
  • MBR_Room Window Treatments: 0
  • Room Features: Laminate
  • Room Type: Dining Room
Bathrooms
  • Bathrooms Full: 1
  • Bathrooms Half: 1
  • Bathrooms Total Count: 2
  • Full Baths Basement: 0
  • Full Baths Main: 1
  • Full Baths MU: 3
  • Full Baths Upper: 0
  • Half Baths Basement: 0
  • Half Baths Main: 1
  • Half Baths MU: 1
  • Half Baths Upper: 0
Bedrooms
  • Beds MU: 3
  • Bedrooms MU: 3
  • Bedrooms Total: 3

Property History for 8031 Railroad Road

DateEvent & SourcePriceAppreciation
Mar 12, 2021

Sold (Public Record)

Public Record #1512063433

$150,000

+10.6% / yr

Mar 12, 2021

Sold

MIBORMLS #21761048

$150,000
Jan 24, 2021

Pending

MIBORMLS #21761048

DateEvent & SourcePrice
03/12/2021

Sold (Public Record)

Public Record #1512063433

$150,000

+10.6% / yr

03/12/2021

Sold

MIBORMLS #21761048

$150,000
01/24/2021

Pending

MIBORMLS #21761048

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

Public Records for 8031 Railroad Road

Taxable ValueLand$26,900Additions$143,700Total$170,600
Tax Record2025$1,988 ($166 / month)
Home Facts
Beds3Baths1.5Total Finished SqFt960 SqFtAbove Grade Finished SqFt960 SqFtStories1Lot Size24,219 SqFtStyleSingle Family ResidenceYear Built1980Year Renovated1998CountyMARIONAPN49-14-23-124-011.000-500

Schools near 8031 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.

Similar Homes

New listings in 46217

$399,900 | 611 Sun Valley Court, Indianapolis, IN 46217
1/65
New

$399,900

4
Bedrooms
3,663
Square Feet
0.27
Acres
$245,000 | 3737 South Meridian Street, Indianapolis, IN 46217
1/37
New

$245,000

3
Bedrooms
2,480
Square Feet
1.41
Acres
$385,000 | 917 West Hanna Avenue, Indianapolis, IN 46217
1/87

$385,000

3
Bedrooms
2,682
Square Feet
3.73
Acres
$228,000 | 2538 Mingo Lane, Indianapolis, IN 46217
1/16
New

$228,000

3
Bedrooms
1,476
Square Feet
0.11
Acres
$314,990 | 950 Amesbury Court, Indianapolis, IN 46217
1/53
New

$314,990

4
Bedrooms
2,044
Square Feet
0.11
Acres
$249,000 | 7102 Harness Lakes Drive, Indianapolis, IN 46217
1/42
New

$249,000

3
Bedrooms
2,000
Square Feet
0.15
Acres
$275,000 | 6243 Monteo Lane, Indianapolis, IN 46217
1/43

$275,000

3
Bedrooms
1,792
Square Feet
0.25
Acres
$263,000 | 8244 Palmetto Lane, Indianapolis, IN 46217
1/34
Open: 9/12 03:00PM - 05:00PM

$263,000

2
Bedrooms
1,606
Square Feet
0.33
Acres
$465,000 | 348 Creekbend Lane, Indianapolis, IN 46217
1/43
Open: 9/12 10:00AM - 12:00PM

$465,000

4
Bedrooms
4,097
Square Feet
0.31
Acres

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 8031 Railroad Road, Indianapolis, IN 46217
$150,000
3
960
24,219
$425,000
4
3,555
25,700
3
1
1,604
19,733
3
1,232
11,456
$165,000
2
920
10,018
$211,000
3
1,657
9,147

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 Carpenter, REALTORS®

Based on information submitted to the MLS GRID as of 04/13/2021 08:01 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.