Google street view image for 8151 Railroad Rd, Indianapolis, IN 46217

OFF MARKET

$206,684

•

— ba

•

1,207

sq ft

8151 Railroad Rd, Indianapolis, IN 46217

About this home

8151 Railroad Rd is a 1,207 square foot house on a 0.26 acre lot with 3 bedrooms. Based on Redfin's Indianapolis data, we estimate the home's value is $206,684.

Single-familyProperty Type

1971Year Built

0.26 acresLot Size

$171Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$206,684

$1,000 since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 15.3% lower than the average sale price ($244K) of 6 comparable homes.

SOLD MAY 15, 2026
$220,000
A
3 beds1 bath1,473 sq ft
8203 Railroad Rd, Indianapolis, IN 46217
SOLD JUL 21, 2026
$249,900
B
3 beds1.5 baths1,186 sq ft
805 Burr Oak Dr, Indianapolis, IN 46217
SOLD FEB 20, 2026
$245,000
C
3 beds2 baths1,270 sq ft
7820 Cannonade Dr, Indianapolis, IN 46217
SOLD AUG 6, 2026
$279,999
D
3 beds2 baths1,278 sq ft
8321 Gallant Fox Dr, Indianapolis, IN 46217
SOLD MAY 15, 2026
$245,000
E
3 beds1.5 baths1,321 sq ft
7601 Venetian Way, Indianapolis, IN 46217
SOLD APR 1, 2026
$225,000
F
3 beds1.5 baths1,380 sq ft
7811 Savannah Dr, Indianapolis, IN 46217

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Earn from this home

Sell

$192,736

Est. take-home

List your home with Redfin and save $2,067

Market trends in 46217, IN

Last updated July 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

98.4%

0.0% MoM

Median sale price

$257K

$1K MoM

Avg. days on market

20d

5 days MoM

Recently sold homes

153

22 MoM

New listings for sale

NEW 13 HRS AGO
$319,900
3 beds2 baths1,383 sq ft
1381 Secretariat Ln, Indianapolis, IN 46217
OPEN SUN, 12PM TO 2PM
$425,000
3 beds1 bath2,268 sq ft
1408 W Edgewood Ave, Indianapolis, IN 46217
NEW 31 HRS AGO
$314,900
3 beds2 baths2,032 sq ft
7011 Mclain Dr, Indianapolis, IN 46217
NEW 32 HRS AGO
$329,900
3 beds2 baths1,768 sq ft
7845 Shannon Lakes Way, Indianapolis, IN 46217
NEW 34 HRS AGO
$369,900
4 beds2 baths2,213 sq ft
6941 Yellowstone Pkwy, Indianapolis, IN 46217
$430,000
4 beds2 baths2,400 sq ft
8220 Forward Pass Rd, Indianapolis, IN 46217
$335,000
3 beds2.5 baths1,731 sq ft
1608 Friendship Dr, Indianapolis, IN 46217
$285,000
4 beds2.5 baths1,927 sq ft
2526 Senators Way, Indianapolis, IN 46217
$310,000
3 beds2 baths1,802 sq ft
3552 Miesha Dr, Indianapolis, IN 46217
3D WALKTHROUGH
$249,900
3 beds2 baths1,920 sq ft
1016 W Epler Ave, Indianapolis, IN 46217
See all

Provided by Redfin

Sale history for 8151 Railroad Rd

As the MLS and public records start to fill up, we'll list the details here.

Year

Property tax

Land + Additions

Assessment*

2025

$2,206 (−8.8%)

$24,500 + $157,800

$182,300

2024

$2,419 (+1.0%)

$24,500 + $157,100

$181,600

2023

$2,394 (+7.3%)

$24,500 + $157,100

$181,600

2022

$2,231 (+18.1%)

$24,500 + $146,600

$171,100

2021

$1,890 (+15.5%)

$24,500 + $107,600

$132,100

2020

$1,636 (+16.5%)

$24,500 + $107,600

$132,100

2019

$1,404 (+12.2%)

$24,500 + $95,300

$119,800

2018

$1,252 (−5.1%)

$13,000 + $94,900

$107,900

2017

$1,319 (−5.6%)

$13,000 + $86,200

$99,200

2016

$1,397 (+14.6%)

$13,000 + $86,200

$99,200

2015

$1,219 (+13.3%)

$13,000 + $89,500

$102,500

2014

$1,076 (−6.9%)

$13,000 + $89,100

$102,100

2013

$1,156

$13,000 + $84,700

$97,700

Tax history for 8151 Railroad Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,206 (−8.8%)

$24,500 + $157,800

$182,300

2024

$2,419 (+1.0%)

$24,500 + $157,100

$181,600

2023

$2,394 (+7.3%)

$24,500 + $157,100

$181,600

2022

$2,231 (+18.1%)

$24,500 + $146,600

$171,100

2021

$1,890 (+15.5%)

$24,500 + $107,600

$132,100

2020

$1,636 (+16.5%)

$24,500 + $107,600

$132,100

2019

$1,404 (+12.2%)

$24,500 + $95,300

$119,800

2018

$1,252 (−5.1%)

$13,000 + $94,900

$107,900

2017

$1,319 (−5.6%)

$13,000 + $86,200

$99,200

2016

$1,397 (+14.6%)

$13,000 + $86,200

$99,200

2015

$1,219 (+13.3%)

$13,000 + $89,500

$102,500

2014

$1,076 (−6.9%)

$13,000 + $89,100

$102,100

2013

$1,156

$13,000 + $84,700

$97,700

*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

AIRSPACE SECONDARY ZONING DISTRICT

METRO

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

Airspace Secondary Zoning District
Metro Context Area

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

Sep 23, 2017 • Final

Heating & cooling - 1-2 family

Replace the existing furnace and air conditioning unit.

HVAC

Mar 1, 1996 • Active

Electrical permit-1-2 family-alteration-remodel

Upgrade the electrical service from 100 amps to 200 amps.

Electrical

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: 9

Exterior

Exterior Information
Physical Condition: Average
Construction Type: Masonry
Building Type: Single Family

Pool Information
Pool Type: Above Ground
Has Pool

Property Information
Subdivision Name: HILL VALLEY ESTATES SEC 20
Living Sq. Ft: 1,207
Adjusted Gross Sq. Ft: 1,207
Ground Floor Sq. Ft: 1,207
Building Sq. Ft: 1,543
# of Stories: 1
Legal Description: HILL VALLEY ESTATES SEC 20 L590

Parking & Garage Information
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 912
Garage / Carport Type: Attached

Lot Information
# of Buildings: 1
Land Sq. Ft: 11,195
Legal Lot Number: 590
Municipality Name: PERRY, OUTSIDE
Acres: 0.257
Depth Footage: 140
Front Footage: 80
County Use Description: ONE FAMILY DWLG ON PLAT LOT

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 3
Baths: —
Sq. Ft.: 1,207
Stories: 1.0
Lot Size: 0.26 acres
Style: Single Family Residential
Year Built: 1971
Year Renovated: 1971
County: Marion County
APN: 491423132028000500

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)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

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

$197,000 – $238,000

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Nearby similar homes

NEW 13 HRS AGO

$319,900

3 beds2 baths1,383 sq ft

1381 Secretariat Ln, Indianapolis, IN 46217

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3D WALKTHROUGH

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FOR SALE BY OWNER

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3D WALKTHROUGH

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New listings for sale in 46217

NEW 13 HRS AGO

$319,900

3 beds2 baths1,383 sq ft

1381 Secretariat Ln, Indianapolis, IN 46217

OPEN SUN, 12PM TO 2PM

$425,000

3 beds1 bath2,268 sq ft

1408 W Edgewood Ave, Indianapolis, IN 46217

NEW 31 HRS AGO

$314,900

3 beds2 baths2,032 sq ft

7011 Mclain Dr, Indianapolis, IN 46217

NEW 32 HRS AGO

$329,900

3 beds2 baths1,768 sq ft

7845 Shannon Lakes Way, Indianapolis, IN 46217

NEW 34 HRS AGO3D WALKTHROUGH

$369,900

4 beds2 baths2,213 sq ft

6941 Yellowstone Pkwy, Indianapolis, IN 46217

$430,000

4 beds2 baths2,400 sq ft

8220 Forward Pass Rd, Indianapolis, IN 46217

$335,000

3 beds2.5 baths1,731 sq ft

1608 Friendship Dr, Indianapolis, IN 46217

$285,000

4 beds2.5 baths1,927 sq ft

2526 Senators Way, Indianapolis, IN 46217

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3 beds2 baths1,802 sq ft

3552 Miesha Dr, Indianapolis, IN 46217

Home values near 8151 Railroad Rd

Data from public records.

Address	Redfin Estimate
8223 Railroad Rd, Indianapolis, IN 4 Beds \| 2 Baths \| 2190 Sq. Ft.	$275,314
8115 Railroad Rd, Indianapolis, IN 4 Beds \| 2 Baths \| 1540 Sq. Ft.	$259,333

Address	Redfin Estimate
8125 Railroad Rd, Indianapolis, IN 3 Beds \| 1.5 Baths \| 1604 Sq. Ft.	$268,366
8145 Railroad Rd, Indianapolis, IN 3 Beds \| 1 Baths \| 1200 Sq. Ft.	$212,115

Address	Redfin Estimate
8203 Railroad Rd, Indianapolis, IN 3 Beds \| 1 Baths \| 1473 Sq. Ft.	$250,892
8157 Railroad Rd, Indianapolis, IN 3 Beds \| - Baths \| 1473 Sq. Ft.	$206,936

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