Rare Opportunity to own 2 parcels, almost 3 acres!!! This 3 bedroom, 2.5 bath home sits on a huge private lot and and also includes the additional parcel next to it, giving you space, privacy and possibilities that are hard to find. Whether you've been dreaming of extra outdoor space, a future build site, or simply the peace of having land around you, this property delivers! The home offers comfortable living with the primary bedroom and ensuite on the main level. It offers plenty of room for everyday life and entertaining, while the land creates a private retreat feel. Properties with this much space and flexibility are incredibly rare! Don't miss your chance to make it yours!
Active
$465,000
8537 Railroad Rd, Indianapolis, IN 46217
3beds
2,246sqft
Est.:
Residential, Single Family Residence
Built in 1986
0.48 Acres Lot
$-- Zestimate®
$207/sqft
$-- HOA
What's special
Huge private lot
- 21 hours |
- 329 |
- 10 |
Zillow last checked: 8 hours ago
Listing updated: 23 hours ago
Listing Provided by:
Suzanne Mayfield 317-650-1762,
CENTURY 21 Scheetz
Source: MIBOR as distributed by MLS GRID,MLS#: 22086907
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 1
Primary bedroom
- Level: Main
- Area: 217.5 Square Feet
- Dimensions: 15x14.5
Bedroom 2
- Level: Upper
- Area: 180 Square Feet
- Dimensions: 15x12
Bedroom 3
- Level: Upper
- Area: 240 Square Feet
- Dimensions: 16x15
Bonus room
- Level: Upper
- Area: 208 Square Feet
- Dimensions: 16x13
Bonus room
- Level: Upper
- Area: 120 Square Feet
- Dimensions: 12x10
Breakfast room
- Level: Main
- Area: 96 Square Feet
- Dimensions: 12x8
Dining room
- Level: Main
- Area: 168 Square Feet
- Dimensions: 14x12
Great room
- Level: Main
- Area: 180 Square Feet
- Dimensions: 15x12
Kitchen
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12x12
Laundry
- Level: Main
- Area: 38.5 Square Feet
- Dimensions: 7x5.5
Living room
- Level: Main
- Area: 270 Square Feet
- Dimensions: 18x15
Sitting room
- Level: Main
- Area: 90 Square Feet
- Dimensions: 10x9
Heating
- Baseboard, Zoned, Natural Gas
Cooling
- Central Air
Appliances
- Included: Gas Cooktop, Dishwasher, Dryer, Electric Water Heater, Disposal, Microwave, Double Oven, Refrigerator, Washer, Water Softener Owned
Features
- Attic Access, Double Vanity, Kitchen Island, Ceiling Fan(s), In-Law Floorplan, Eat-in Kitchen, Pantry, Supplemental Storage, Walk-In Closet(s)
- Has basement: No
- Attic: Access Only
- Number of fireplaces: 2
- Fireplace features: Bedroom, Family Room
Interior area
- Total structure area: 2,246
- Total interior livable area: 2,246 sqft
Property
Parking
- Total spaces: 3
- Parking features: Attached
- Attached garage spaces: 3
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.48 Acres
Details
- Additional parcels included: Residential Vacant Land
- Parcel number: 491423100013000500
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Residential, Single Family Residence
Materials
- Wood Siding
- Foundation: Crawl Space
Condition
- New construction: No
- Year built: 1986
Utilities & green energy
- Water: Public
Community & HOA
Community
- Security: Security System
- Subdivision: Hill Valley Estates
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $207/sqft
- Tax assessed value: $333,700
- Annual tax amount: $4,328
- Date on market: 3/6/2026
- Cumulative days on market: 2 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/6/2026 | Listed for sale | $465,000$207/sqft |
Source:  MIBOR as distributed by MLS GRID #22086907 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,017 +7.6% | $333,700 +6.5% |
| 2023 | $3,735 +16% | $313,300 +9.5% |
| 2022 | $3,220 +10.4% | $286,000 +16.9% |
| 2021 | $2,916 +16.9% | $244,700 +10.4% |
| 2020 | $2,494 +1.9% | $221,600 +16.3% |
| 2019 | $2,449 -1.5% | $190,500 +0.7% |
| 2018 | $2,486 -0.6% | $189,100 |
| 2017 | $2,501 +13.4% | $189,100 +3.4% |
| 2016 | $2,205 +8.9% | $182,800 +8% |
| 2014 | $2,025 +2.5% | $169,200 +1.6% |
| 2013 | $1,975 | $166,600 +1.4% |
| 2012 | $1,975 | $164,300 -3.7% |
| 2011 | -- | $170,700 -4.2% |
| 2010 | $1,800 +13.5% | $178,200 +3.6% |
| 2009 | $1,585 | $172,000 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,602/mo
Principal & interest
$2230
Property taxes
$372
Climate risks
Neighborhood: Hill Valley
Nearby schools
GreatSchools rating
- 7/10Perry Meridian 6th Grade AcademyGrades: 6Distance: 1 mi
- 9/10Perry Meridian High SchoolGrades: 9-12Distance: 0.7 mi
- 7/10Perry Meridian Middle SchoolGrades: 7-8Distance: 1 mi
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