For Sale33d on market
8537 Railroad Rd
Indianapolis, IN, 46217 • Hill Valley • Marion County
$465,000
$207/sqft
Down payment assistance available
3Beds
3Baths
2,246Sqft
2.8 acLot
1986Built
Property DNA
Other Style
Built 1986 · 40 years of history
Hill Valley Estates
Hill Valley
2 Fireplaces
Bedroom · Family Room
3-Car Garage
Attached
Premium Finishes
Walk-In Closet(s)
This home is getting attention
Listed 33 days ago · 1,716 views · 52 saves
Market activity
Demand and pricing signals for this listing
1,716 views
People checking out this listing
52 saves
Buyers have saved this home
33 days on market
Established listing
$207/sqft
Price per square foot
About this home
Single Family · Built 1986
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!
Estimated monthly payment
Based on current rates
$2,912/month
Principal & Interest$2,292
Property Tax$465
Insurance$155
Down payment20% ($93,000)
3%50%
Est. 6.26% rate · 30yr fixed · $372,000 loan
Full calculator →At a glance
Key facts and listing details
TypeResidential, Single Family Residence
Year Built1986
HeatingBaseboard, Zoned, Natural Gas
CoolingCentral Air
Parking3 Attached Garage spaces
Lot2.79 Acres
Days on Zillow33 Days
Price/sqft$207
Property
Home typeSingle Family
Sub-typeResidential, Single Family Residence
StyleOther
Year built1986
Stories2
Systems
HeatingBaseboard, Zoned, Natural Gas
CoolingCentral Air
ConstructionWood Siding
Water / SewerPublic
Parking & Outdoor
ParkingAttached
Garage3 spaces
Fireplaces2
Lot2.79 Acres
Location & Tax
NeighborhoodHill Valley
Annual tax$4,328
Parcel491423100013000500
Bathrooms & Fees
Full baths2
Features & details
8 categories of property features
Interior Features
Interior
Attic Access
Double Vanity
Kitchen Island
Ceiling Fan(s)
In-Law Floorplan
Eat-in Kitchen
Pantry
Supplemental Storage
Walk-In Closet(s)
Appliances
Gas Cooktop
Dishwasher
Dryer
Electric Water Heater
Disposal
Microwave
Double Oven
Refrigerator
Washer
Water Softener Owned
Heating
Baseboard
Zoned
Natural Gas
Cooling
Central Air
Fireplace
Bedroom
Family Room
Exterior Features
Parking
Attached
Construction
Wood Siding
Security
Security System
Room details
12 rooms detailed
Master Bedroom
Main15×14.5 ft217.5 sqft
Bedroom2
Upper15×12 ft180 sqft
Bedroom3
Upper16×15 ft240 sqft
Bonus Room
Upper16×13 ft208 sqft
Bonus Room
Upper12×10 ft120 sqft
Breakfast Room
Main12×8 ft96 sqft
Listing insights
Market data and value estimates
StatusFor Sale
Days on market33
Tax rate0.96%
Price/sqft$207
On marketMar 6, 2026
PostedMar 6, 2026
MLS statusActive
MLS updatedApr 5, 2026
Tour days9
Views1,716
Favorites52
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46217
Price history
1 event
DateEventPrice$/sqftSource
Mar 6, 2026Listed For Sale$465,000$207MIBOR as distributed by MLS GRID
Listed For Sale$465,000
Mar 6, 2026•$207/sqft•MIBOR as distributed by MLS GRID
Tax history
15 years of records
YearTax paidAssessed value
Apr 8, 2024$4,017$333,700
Apr 8, 2023$3,735$313,300
Apr 8, 2022$3,220$286,000
Apr 8, 2021$2,916$244,700
Apr 8, 2020$2,494$221,600
Apr 8, 2019$2,449$190,500
Apr 8, 2018$2,486$189,100
Apr 8, 2017$2,501$189,100
Apr 8, 2016$2,205$182,800
Apr 8, 2014$2,025$169,200
Apr 8, 2013$1,975$166,600
Apr 8, 2012$1,975$164,300
Apr 8, 2011—$170,700
Apr 8, 2010$1,800$178,200
Apr 8, 2009$1,585$172,000
Nearby homes
Neighborhood details
Local context around this listing
Indianapolis, IN • Marion County
Nearby neighborhoods
Chapel Hill-Ben DavisDowntownEagledaleEast WarrenFar EastsideGarden CityNear EastsideSnacks-Guion CreekSouth FranklinSouth Perry
Nearby cities
Beech GroveCumberlandIndianapolisLawrenceSouthportSpeedway
Nearby zip codes
46203462174621946220462224622446226462274623746254
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Based on information submitted to the MLS GRID as of 2026-04-08 14:23:11 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
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