8318 N Payne Rd is a 1,568 square foot house on a 0.69 acre lot with 3 bedrooms. Based on Redfin's Indianapolis data, we estimate the home's value is $242,115.
Single-familyProperty Type
1963Year Built
0.69 acresLot Size
$154Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$242,115
$0 since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 13.5% lower than the average sale price ($280K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$5,744 (+0.6%)
$27,700 + $224,500
$252,200
2024
$5,708 (+65.5%)
$27,700 + $221,400
$249,100
2023
$3,449 (−9.6%)
$27,700 + $221,400
$249,100
2022
$3,816 (+8.5%)
$27,700 + $138,500
$166,200
2021
$3,517 (+18.7%)
$46,200 + $123,700
$169,900
2020
$2,962 (+1.5%)
$46,200 + $123,700
$169,900
2019
$2,919 (+7.7%)
$46,200 + $96,100
$142,300
2018
$2,710 (+1.1%)
$46,200 + $94,100
$140,300
2017
$2,681 (+5.6%)
$46,200 + $82,500
$128,700
2016
$2,538 (+8.8%)
$46,200 + $82,500
$128,700
2015
$2,332 (+0.6%)
$46,200 + $75,500
$121,700
2014
$2,318 (−0.9%)
$46,200 + $70,400
$116,600
2013
$2,340
$46,200 + $69,700
$115,900
Tax history for 8318 N Payne Rd
Year
Property tax
Land + Additions
Assessment*
2025
$5,744 (+0.6%)
$27,700 + $224,500
$252,200
2024
$5,708 (+65.5%)
$27,700 + $221,400
$249,100
2023
$3,449 (−9.6%)
$27,700 + $221,400
$249,100
2022
$3,816 (+8.5%)
$27,700 + $138,500
$166,200
2021
$3,517 (+18.7%)
$46,200 + $123,700
$169,900
2020
$2,962 (+1.5%)
$46,200 + $123,700
$169,900
2019
$2,919 (+7.7%)
$46,200 + $96,100
$142,300
2018
$2,710 (+1.1%)
$46,200 + $94,100
$140,300
2017
$2,681 (+5.6%)
$46,200 + $82,500
$128,700
2016
$2,538 (+8.8%)
$46,200 + $82,500
$128,700
2015
$2,332 (+0.6%)
$46,200 + $75,500
$121,700
2014
$2,318 (−0.9%)
$46,200 + $70,400
$116,600
2013
$2,340
$46,200 + $69,700
$115,900
*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
D1
METRO
Dwelling District One
The D-1 District is intended for use in suburban areas. The D-1 District has a typical density of 0.9 units per gross acre which fulfills the lowest density residential classification of the Comprehensive General Land Use Plan. The D-1 District provides for estate-style development characterized by generous front yards for trees and a bucolic atmosphere, appropriately served by gently curving roadways. Under most circumstances, public water and sewer facilities should be present but are not mandatory. Development plans 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. Use of the cluster option when subdividing would maximize site advantages.
Zone overlays
Metro Context Area
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Communications tower
Park & open space
Jun 4, 2026 • Active
Electrical - non-residential
Electrical
Feb 27, 2026 • Active
Right of way permit-excavation
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
Basement Information
Basement Sq. Ft: 1,400
Basement Type: Full
Bathroom Information
# of Bathroom Fixtures: 7
Heating & Cooling
Air Conditioning Type: Central
Heating Type: Warm Air
Fireplace Information
# of Fireplaces: 1
Fireplace Type: Masonry
Has Fireplace
Room Information
# of Rooms: 8
Exterior
Exterior Information
Physical Condition: Average
Construction Type: Masonry
Building Type: Single Family
Property Information
Living Sq. Ft: 1,568
Adjusted Gross Sq. Ft: 2,968
Ground Floor Sq. Ft: 1,568
Building Sq. Ft: 3,568
# of Stories: 1
Legal Description: PT SW1/4 NE1/4 BEG NE COR W250' S120' E250' N120'
Parking & Garage Information
# of Parking Spaces: 1
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 600
Garage / Carport Type: Attached
Lot Information
# of Buildings: 1
Land Sq. Ft: 30,056
Municipality Name: PIKE,OUTSIDE
Acres: 0.69
County Use Description: 1 FAM DWLG ON UNPLAT 0-9.99AC
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 3
Baths: —
Sq. Ft.: 1,568
Stories: 1.0
Lot Size: 0.69 acres
Style: Single Family Residential
Year Built: 1963
Year Renovated: 1963
County: Marion County
APN: 490319123013000600
Home facts updated by county records on Jul 29, 2026
Around this home
Schools
Eastbrook Elementary School
Public PreK-5 • Assigned • 1.1mi
3/10
Guion Creek Middle School
Public 6-8 • Assigned • 4.4mi
3/10
Pike High School
Public 9-12 • Assigned • 2.6mi
3/10
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
3/10 Heat Factor
7 days above 101° expected this year, 18 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
4/10 Air Factor
3 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Indianapolis, IN • 46268
Average low and high temperatures (°F)
33
18
42
26
61
39
69
48
72
53
83
65
88
71
83
64
82
58
71
48
54
39
42
28
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.7 hours in
June and 3.3 hours in December, placing it below the
U.S. average for solar exposure.
9.7 hrs
3.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$231,000 – $279,000
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