Google street view image for 8318 Morgantown Rd, Indianapolis, IN 46217

OFF MARKET

$157,075

—

•

— ba

•

957

sq ft

8318 Morgantown Rd, Indianapolis, IN 46217

About this home

8318 Morgantown Rd is a 957 square foot multi-family home on a 0.74 acre lot. Based on Redfin's Indianapolis data, we estimate the home's value is $157,075.

Multi-familyProperty Type

1988Year Built

0.74 acresLot Size

$164Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$157,075

$10K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 49.2% lower than the average sale price ($309K) of 6 comparable homes.

SOLD AUG 6, 2026
$279,999
A
3 beds2 baths1,278 sq ft
8321 Gallant Fox Dr, Indianapolis, IN 46217
SOLD APR 20, 2026
$298,000
B
3 beds2.5 baths1,825 sq ft
8448 Seattle Slew Ln, Indianapolis, IN 46217
SOLD JUL 30, 2026
$342,500
C
3 beds2 baths1,852 sq ft
1636 Connemara Rd, Indianapolis, IN 46217
SOLD JUN 18, 2026
$255,000
D
3 beds2 baths1,380 sq ft
8857 Chessie Dr, Indianapolis, IN 46217
SOLD JUL 24, 2026
$330,000
E
3 beds2 baths1,927 sq ft
1527 Danaher St, Indianapolis, IN 46217
SOLD JUN 30, 2026
$350,000
F
3 beds2 baths1,949 sq ft
8230 Hill Gail Dr, Indianapolis, IN 46217

Claim this home to receive a free report every month with insights on the changing estimate.

Market trends in 46217, IN

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

98.7%

+0.2% MoM

Median sale price

$261K

$4K MoM

Avg. days on market

17d

3 days MoM

Recently sold homes

152

3 MoM

New listings for sale

$425,000
4 beds2.5 baths2,394 sq ft
8626 Wrangler Ct, Indianapolis, IN 46217
3D WALKTHROUGH
$350,000
4 beds2.5 baths3,613 sq ft
919 Angus Ln, Indianapolis, IN 46217
$229,900
3 beds2.5 baths1,638 sq ft
8204 Lake Tree Ln, Indianapolis, IN 46217
$320,000
3 beds2 baths1,618 sq ft
7441 Moultrie Dr, Indianapolis, IN 46217
$229,900
3 beds2.5 baths1,508 sq ft
6811 Earlswood Dr, Indianapolis, IN 46217
$225,000
3 beds2.5 baths1,516 sq ft
2541 Black Antler Ct, Indianapolis, IN 46217
$285,900
3 beds2 baths1,252 sq ft
7934 Painted Pony Dr, Indianapolis, IN 46217
$225,000
3 beds2 baths2,048 sq ft
1439 W Hanna Ave, Indianapolis, IN 46217
$410,000
3 beds2.5 baths2,154 sq ft
1626 Belfield St, Indianapolis, IN 46217
$319,900
3 beds2 baths1,383 sq ft
1381 Secretariat Ln, Indianapolis, IN 46217
See all

Provided by Redfin

Sale history for 8318 Morgantown Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,260 (+20.4%)

$22,900 + $149,400

$172,300

2024

$1,877 (+0.4%)

$22,900 + $130,100

$153,000

2023

$1,869 (−23.7%)

$22,900 + $130,100

$153,000

2022

$2,450 (+13.1%)

$22,900 + $130,300

$153,200

2021

$2,166 (−32.9%)

$22,900 + $105,100

$128,000

2020

$3,225 (+34.0%)

$22,900 + $105,100

$128,000

2019

$2,407 (+22.1%)

$22,900 + $151,100

$174,000

2018

$1,972 (+3.0%)

$22,900 + $115,200

$138,100

2017

$1,915 (−39.3%)

$22,900 + $91,100

$114,000

2016

$3,155 (+18.2%)

$22,900 + $91,100

$114,000

2015

$2,669 (+10.7%)

$22,900 + $91,100

$114,000

2014

$2,410 (−0.3%)

$22,900 + $82,300

$105,200

2013

$2,418

$22,900 + $76,300

$99,200

Tax history for 8318 Morgantown Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,260 (+20.4%)

$22,900 + $149,400

$172,300

2024

$1,877 (+0.4%)

$22,900 + $130,100

$153,000

2023

$1,869 (−23.7%)

$22,900 + $130,100

$153,000

2022

$2,450 (+13.1%)

$22,900 + $130,300

$153,200

2021

$2,166 (−32.9%)

$22,900 + $105,100

$128,000

2020

$3,225 (+34.0%)

$22,900 + $105,100

$128,000

2019

$2,407 (+22.1%)

$22,900 + $151,100

$174,000

2018

$1,972 (+3.0%)

$22,900 + $115,200

$138,100

2017

$1,915 (−39.3%)

$22,900 + $91,100

$114,000

2016

$3,155 (+18.2%)

$22,900 + $91,100

$114,000

2015

$2,669 (+10.7%)

$22,900 + $91,100

$114,000

2014

$2,410 (−0.3%)

$22,900 + $82,300

$105,200

2013

$2,418

$22,900 + $76,300

$99,200

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning

MU1

AIRSPACE SECONDARY ZONING DISTRICT

METRO

Mixed-Use One District

The MU-1 District is intended for the development of high-rise office uses and apartments intermixed, grouped in varying combinations or provided in the same building. MU-1 is designed for use along arterials with both high-traffic counts and positive pedestrian experience or demand. Appropriate settings for the MU-1 District include the midtown and uptown areas of the city, very near rapid transit stops, or in the midst of high intensity regional commercial complexes.

Zone overlays

Airspace Secondary Zoning District
Metro Context Area

Permitted uses

Include but are not limited to:

Community / recreation center
Bank
Housing-Group
Housing-Multiple units
Housing-Senior
Hotel / motel
Mixed use
Office
Public service
Communications tower

Property details

Interior

Heating & Cooling
Air Conditioning Type: Central
Heating Type: Warm Air

Exterior

Exterior Information
Physical Condition: Fair
Construction Type: Wood
Building Type: Row Type

Property Information
Living Sq. Ft: 957
Adjusted Gross Sq. Ft: 957
Ground Floor Sq. Ft: 957
Building Sq. Ft: 957
# of Stories: 1
Legal Description: PT SE1/4 NE1/4 S21 T14 R3 BEG 744.48' N OF SE COR W213.71' N 150' E 214.56' S 150' TO BEG .74AC

Parking & Garage Information
Parking Type: Detached Garage
Garage/Parking Sq. Ft: 306
Garage / Carport Type: Detached

Lot Information
# of Buildings: 1
Land Sq. Ft: 32,234
Municipality Name: PERRY, OUTSIDE
Acres: 0.74
County Use Description: TWO FAMILY DWLG ON PLAT LOT

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: —
Baths: —
Sq. Ft.: 957
Stories: 1.0
Lot Size: 0.74 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1988
Year Renovated: 1988
County: Marion County
APN: 491421121016000500

Home facts updated by county records on Jul 29, 2026

Around this home

Schools

Glenns Valley Elementary School

Public 1-5 • Assigned • 0.1mi

5/10

Perry Meridian 6th Grade Academy

Public 6 • Assigned • 1.9mi

6/10

Perry Meridian High School

Public 9-12 • Assigned • 1.6mi

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 101° 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

$150,000 – $181,000

Sell confidently with a local market expert in Indianapolis. 3 minutes to get started.

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New listings for sale in 46217

$425,000

4 beds2.5 baths2,394 sq ft

8626 Wrangler Ct, Indianapolis, IN 46217

3D WALKTHROUGH

$350,000

4 beds2.5 baths3,613 sq ft

919 Angus Ln, Indianapolis, IN 46217

$229,900

3 beds2.5 baths1,638 sq ft

8204 Lake Tree Ln, Indianapolis, IN 46217

$320,000

3 beds2 baths1,618 sq ft

7441 Moultrie Dr, Indianapolis, IN 46217

$229,900

3 beds2.5 baths1,508 sq ft

6811 Earlswood Dr, Indianapolis, IN 46217

$225,000

3 beds2.5 baths1,516 sq ft

2541 Black Antler Ct, Indianapolis, IN 46217

$285,900

3 beds2 baths1,252 sq ft

7934 Painted Pony Dr, Indianapolis, IN 46217

$225,000

3 beds2 baths2,048 sq ft

1439 W Hanna Ave, Indianapolis, IN 46217

$410,000

3 beds2.5 baths2,154 sq ft

1626 Belfield St, Indianapolis, IN 46217

Home values near 8318 Morgantown Rd

Data from public records.

Address	Redfin Estimate
8240 Morgantown Road, Indianapolis, IN 3 Beds \| 2 Baths \| 2384 Sq. Ft.	$227,376
8405 Morgantown Road, Indianapolis, IN 3 Beds \| 2 Baths \| 2195 Sq. Ft.	$363,323

Address	Redfin Estimate
8409 Morgantown Road, Indianapolis, IN 3 Beds \| - Baths \| 1574 Sq. Ft.	$205,801
8420 Morgantown Road, Indianapolis, IN 4 Beds \| 2.5 Baths \| 3435 Sq. Ft.	$290,085

Address	Redfin Estimate
8401 Morgantown Road, Indianapolis, IN 3 Beds \| 2 Baths \| 2341 Sq. Ft.	$321,037
8268 Morgantown Road, Indianapolis, IN 5 Beds \| 3 Baths \| 3951 Sq. Ft.	$523,865

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