8023 Railroad Road, Indianapolis, IN 46217
  • $425,000
  • $425,000

Description

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!

  • Address: 8023 Railroad Road
  • City: Indianapolis
  • State/county: IN
  • Zip/Postal Code: 46217
  • Area: Hill Valley Estates

Details

Updated on February 7, 2026 at 6:00 pm
  • Property ID 22071204
  • Price $425,000
  • Property Size 3555 Sqft
  • Land Area 0.59 Acres
  • Bedrooms 4
  • Rooms 13
  • Bathrooms 3
  • Garages 2
  • Garage Size x x
  • Year Built 1980
  • Property Type Single Family Residence, Residential
  • Property Status Closed

Additional details

  • Cooling Central Air
  • Heating Forced Air,Heat Pump,Wood Stove
  • County Marion
  • Property Type Residential
  • Pool Fenced,In Ground,Outdoor Pool
  • Parking Attached,Carport,Concrete,Garage Door Opener,Guest
  • Elementary School Douglas MacArthur Elementary Sch
  • High School Perry Meridian High School
  • Architectural Style Traditional

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Preeti Chaggar

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