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$425,000 -

8023 Railroad Road Indianapolis IN 46217

4
Bedrooms
3
Baths
N/A
SQ. Feet
(Above Ground)
0.59
Acres

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!

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Property Details

Price: $425,000 Previously: $425,000 Originally: $425,000 Bedrooms: 4 Bathrooms: 3.00 MLS #: 22071204 Year Built: 1980 Township: Perry Sq. Ft Total: 3,555 Type: Residential Zip Code: 46217 City: Indianapolis Subdivision: Hill Valley Estates County: Marion School District: Perry Township Schools High School: Perry Meridian High School Elementary School: Douglas MacArthur Elementary Sch

Interior Features

Interior Features:
  • Appliances: Dishwasher, Dryer, Disposal, MicroHood, Electric Oven, Refrigerator, Washer, Other, Microwave, Bar Fridge, Water Heater, Range Hood
  • Cooling: Central Air
  • Heating: Forced Air, Heat Pump, Wood Stove

Exterior Features

Exterior Features:
  • Features: Balcony, Barn Mini, Storage Shed
  • Porch: Covered, Deck
  • # Acres: 0.59

Listing Office: United Real Estate Indpls

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All information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All Information believed to be reliable but not guaranteed and should be independently verified. © 2025 MIBOR Broker Listing Cooperative®. All rights reserved.

Listing information last updated on December 19th, 2025 at 12:55pm EST.

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