8039 Railroad Rd is a 936 square foot house on a 0.5 acre lot with 3 bedrooms. Based on Redfin's Indianapolis data, we estimate the home's value is $189,865.
Single-familyProperty Type
1980Year Built
0.5 acresLot Size
$203Est. Price/Sq.Ft.
1 car garageParking
Source:Public Records
Redfin Estimate
$189,865
$1,000 since July
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 16.1% lower than the average sale price ($226K) of 6 comparable homes.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
Permits
D3
METRO
AIRSPACE SECONDARY ZONING DISTRICT
Dwelling District Three
The D-3 District provides for low or medium intensity residential development. Land in this District should have good thoroughfare access, be relatively flat in topography, and be afforded pedestrian linkages to community and neighborhood services and facilities (schools, parks, shopping areas, etc.). Recreational facilities developed for the neighborhood complement the treed yards on the individual lots. Predominantly single-family detached dwellings are envisioned with two-family dwellings on corner lots in this District. The D-3 District has a typical density of 2.6 units per gross acre. This District fulfills the low density residential classification of the Comprehensive General Land Use Plan. All public utilities and facilities must be present. Development plans, which may include the use of clustering, should incorporate and promote environmental and aesthetic considerations, working within the constraints and advantages presented by existing site considerations, including vegetation, topography, drainage and wildlife.
Zone overlays
Metro Context Area
Airspace Secondary Zoning District
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Multiple units
Communications tower
Housing-Mobile home park
Park & open space
May 30, 2000 • Final
Heating & cooling permit-1-2 family-replacement
HVAC
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Heating & Cooling
Air Conditioning Type: Central
Heating Type: Warm Air
Room Information
# of Rooms: 5
Exterior
Exterior Information
Physical Condition: Average
Construction Type: Wood
Building Type: Single Family
Property Information
Subdivision Name: HILL VALLEY ESTATES SEC 29
Living Sq. Ft: 936
Adjusted Gross Sq. Ft: 936
Ground Floor Sq. Ft: 936
Building Sq. Ft: 1,224
# of Stories: 1
Legal Description: HILL VALLEY ESTATES SEC 29 L1008
Parking & Garage Information
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 288
Garage / Carport Type: Attached
Lot Information
# of Buildings: 1
Land Sq. Ft: 21,736
Legal Lot Number: 1008
Municipality Name: PERRY, OUTSIDE
Acres: 0.499
Depth Footage: 298
Front Footage: 73
County Use Description: ONE FAMILY DWLG ON PLAT LOT
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 3
Baths: —
Sq. Ft.: 936
Stories: 1.0
Lot Size: 0.5 acres
Style: Single Family Residential
Year Built: 1980
Year Renovated: 1980
County: Marion County
APN: 491423124001000500
Home facts updated by county records on Jul 29, 2026
Around this home
Schools
Perry Meridian 6th Grade Academy
Public 6 • Assigned • 0.8mi
6/10
Perry Meridian High School
Public 9-12 • Assigned • 0.6mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 102° expected this year, 19 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
2/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Indianapolis, IN • 46217
Average low and high temperatures (°F)
33
18
43
26
62
40
69
48
72
54
83
66
88
72
84
66
82
60
71
49
54
39
42
28
Jan
Feb
Mar
Apr
May
Jun
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Aug
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Sun exposure
In this area, properties receive around 9.6 hours in
June and 3.3 hours in December, placing it below the
U.S. average for solar exposure.
9.6 hrs
3.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$181,000 – $219,000
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