Indianapolis Real Estate Index

Contact Red Door Real Estate

If you have any questions or need more detailed information, please feel free to contact me via phone at 317-RED-DOOR / 317-733-3667 or fill out the form to let us know how we can help with your real estate needs.

Phone: (317) 733-3667
Fax: (317) 663-0840

Refine your search...
Use the form below to narrow down your results
Hi There! Is this Your First Time?

Did you know if you Register you have access to free search tools including the ability to save listings and property searches? Did you know that you can bypass the search altogether and have listings sent directly to your email address? Check out our how-to page for more info.

Back to Results
$425,000 -

8023 Railroad Road Indianapolis IN 46217

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

Basically Two Homes in One! 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 this apartment completely independent and highly rentable. This home offers flexibility for multi-generational living or rental!

Follow ►
  • Subscribe to Our Blog RSS
Read More...

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

Exterior Features

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

Listing Office: United Real Estate Indpls

Similar Properties To: 8023 Railroad Road, Indianapolis

$305,000
4 br, 2½ ba, 2,586 ft²
Hill Valley Estates
MLS® #:
22053092
Provider:
Crossroads Real Estate Group Llc
218 Narcissus Drive, Indianapolis
$344,999
4 br, 3 ba, 3,320 ft²
Hill Valley Estates
MLS® #:
22039891
Provider:
Century 21 Scheetz
227 Narcissus Drive, Indianapolis
$395,000
4 br, 2 ba, 2,346 ft²
Hill Valley Estates
MLS® #:
22058296
Provider:
The Modglin Group
715 Ralston Road, Indianapolis
$325,000
3 br, 2 ba, 1,534 ft²
Hill Valley Estates
MLS® #:
22069964
Provider:
Trueblood Real Estate
8740 Royal Meadow Drive, Indianapolis
$339,900
4 br, 3 ba, 2,870 ft²
Hill Valley Estates
MLS® #:
22063268
Provider:
Serving You Realty
8121 S East Street, Indianapolis
$310,000
4 br, 3 ba, 2,905 ft²
Hill Valley Estates
MLS® #:
22050120
Provider:
Keller Williams Indy Metro S
157 E Hill Valley Drive, Indianapolis
$305,000
4 br, 2½ ba, 2,652 ft²
Hill Valley Estates
MLS® #:
22054248
Provider:
Exp Realty, Llc
8415 S Delaware Street, Indianapolis
$349,000
4 br, 2½ ba, 3,284 ft²
Arrowhead At Southern Dun
MLS® #:
22070712
Provider:
Epique Inc
3045 Torchlight Circle, Indianapolis

View all similar properties here

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 November 2nd, 2025 at 4:40am EST.

My Account

Log in, to view your saved searches and add to your favorite listings.

Sign Up Here For Your FREE Account

... So You Can:

  • View detailed property information
  • Print detailed property flyers
  • Save your searches & favorite homes
  • Inquire about a private showing
  • Map individual property locations
  • Share your favorite homes with friends
Interested In This Property?