8023 Railroad Road, Indianapolis, IN 46217
- $425,000
- 4
- BD
- 3
- BA
- 3,555
- SqFt
- Sold Price
- $425,000
- List Price
- $425,000
- Closing Date
- Feb 06, 2026
- MLS#
- 22071204
- Property Type
- Residential
- Bedrooms
- 4
- Bathrooms
- 3
- Sqft. of Residence
- 3,555
- Year Built
- 1980
- Days on Market
- 98
- Status
- SOLD
Property 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!
Additional Information
- Foundation
- Crawl Space
- Number of Fireplaces
- 1
- Fireplace Description
- Free Standing
- Stories
- Two
- Architecture
- Traditional
- Equipment
- Smoke Alarm
- Interior
- Vaulted Ceiling(s), Hardwood Floors, In-Law Arrangement, Walk-In Closet(s), Wood Work Painted, Breakfast Bar, Wet Bar
- Exterior Amenities
- Balcony, Barn Mini, Storage Shed
- Acres
- 0.59
- Heat
- Forced Air, Heat Pump, Wood Stove
- Cooling
- Central Air
- Financing
- Conventional, FHA, VA
- Appliances
- Dishwasher, Dryer, Disposal, MicroHood, Electric Oven, Refrigerator, Washer, Other, Microwave, Bar Fridge, Water Heater, Range Hood
- Semi-Annual Taxes
- $2,162
- Garage
- Yes
- Region
- Perry
- Areas
- Bath Jack-n-Jill, Family Room 2nd Story, Laundry in Unit, Living Room Formal, Utility Room
- Eating Areas
- Formal Dining Room
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Listing courtesy of United Real Estate Indpls. Selling Office: CENTURY 21 Scheetz.
Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative