Sold — 8023 Railroad Road, Indianapolis, IN 46217Schedule a tour or ask a question
Sheldon Barnes can help you tour 8023 Railroad Road
Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Indianapolis, Indiana and the rest of Hamilton County. Book a private tour of 8023 Railroad Road in Hill Valley Estates, ask any question about this home, or talk through what you should know about buying in Indianapolis.
ABOUT THIS HOME
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!
$425,000
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 offer...
3,555
Sq Ft
1980
Year Built
4
Bedrooms
3
Bathrooms
Key things to know
- Sold at list price in 22 days
- Private pool
- Fireplace
- Hill Valley Estates subdivision
Sold
$425,000
- Closed
- Feb 6, 2026
- Sold
- 3 months ago
- Sold in
- 22 days
Price history
- Sold$425,000
Feb 6, 2026
- Listedat $425,000
Oct 31, 2025
Hill Valley Estates · activity
past 6 months
- Sold
- 21
- Median price
- $275,000
- Median DOM
- 51 days
Recent comparable sales

$480,000
8896 Classic View Drive
3bd · 3ba · 2,634 sqft
Sold May 2026

$340,000
3022 Silvercliff Circle
4bd · 3ba · 3,101 sqft
Sold May 2026

$375,000
6008 Lockwood Lane
5bd · 4ba · 2,970 sqft
Sold May 2026

$399,900
7725 Skerries Court
4bd · 4ba · 2,988 sqft
Sold May 2026

$280,000
6545 Newstead Drive
3bd · 3ba · 2,493 sqft
Sold Apr 2026
Comparative value
5 comps in this range
This home is 13% above median for similar nearby sales.
FEATURES & AMENITIES
Interior
Exterior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$425,000Listed· Oct 31, 2025
22 days on market
Layout
Primary suite
Closet Walk in,Deck
Primary bath
Tub Full
Schools
Perry Township Schools
Elementary
Douglas MacArthur Elementary Sch
Middle
Perry Meridian 6th Grade Academy
High
Perry Meridian High School
Neighborhood
- Downtown Indianapolis8.3 mi
- Monon Trail (Carmel)21.6 mi
- Carmel Central Park21.9 mi
- Zionsville Community HS22.0 mi
- Carmel High School22.3 mi
- IU Health North Hospital22.4 mi
PROPERTY DETAILS
Living Area
3,555 sq ft
Year Built
1980
Stories
Two
Subdivision
Hill Valley Estates
Bedrooms
4
Bathrooms
3 full
Garage
2 spaces
School District
Perry Township Schools

