$425,000
Unlock Price Rating!

8023 Railroad Road, Indianapolis, IN 46217

4 Beds
3 Baths
3,555 Sq Ft

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!

  • MLS# 22071204
  • Date Listed10/31/2025
  • Days on Realty 9 Days
  • Bedrooms 4
  • Bathrooms 3 Full baths
  • Lot Size 0.59 acres (25,700 sq. ft)
  • Subdivision Hill Valley Estates
  • Property Type Single Family
  • County Marion
  • Year Built 1980
  • Water Public
  • Square Feet 3,555 sq. ft
  • Price Per Sq. Ft $119.55

Interior Features

  • Appliances Dishwasher, Dryer, Disposal, Electric Oven, Refrigerator, Washer, Other, Microwave, Bar Fridge, Water Heater, Range Hood
  • Flooring Hardwood
  • Cooling Central Air
  • Heating Forced Air, Heat Pump

Exterior / Lot Features

  • Exterior Balcony, Barn(s), Pool House
  • Roof -
  • Lot Size Acres 0.59
  • Lot Size SQFT 25,700.00
  • Lot Features -

Financial Considerations


Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in IN / 46217

Source: Walkscore

5/100

Car-Dependent

Walk Score ®

27/100

Bikable

Bike Score ®

Overview

Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

Transit Summary

0 nearby routes: 0 bus, 0 rail, 0 other


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 19/100, Transit Score: 5/100, Bike Score: 33/100.

Property Change History

Property description updated with new details

Frequently Asked Questions for 8023 Railroad Road

Source: Realty.com

8023 Railroad Road, Indianapolis, IN 46217 is a Single Family 3,555 sq. ft. home listed for sale. Realty.com has 70 photos available of this 4 bed, 3 bath house, listed at $425,000. View sales and tax history, use our mortgage calculator and more on Realty.com

Realty.com has 70 photos of 8023 Railroad Road.

Our records indicate that 8023 Railroad Road was built in 1980.

The full address for this home is 8023 Railroad Road, Indianapolis, IN 46217.

8023 Railroad Road has been listed on Realty.com since Fri October 31, 2025

Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 19/100, Transit Score: 5/100, Bike Score: 33/100.

There are 3 schools assigned to this home. Check out the schools near 8023 Railroad Road. Glenns Valley Elementary School (Grades: 1 - 5), Perry Meridian Middle School (Grades: 7 - 8), Perry Meridian High School (Grades: 9 - 12)

Listing provided courtesy of: United Real Estate Indpls (tel: 317-216-8800)
Listing agent: Todd Campbell (tel: 317-989-3272) (#12638)

This content last refreshed on 2025-11-09 10:41:40. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 8023 Railroad Road, Indianapolis, IN 46217 : MLS# 22071204