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    8323 Lake Rd Indianapolis, IN 46217

    New
    For Sale
    $285,000

    Ranch, Duplex - Indianapolis, IN

    Type:Duplex
    Lot size:
    0.50 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 11 at 5:06 am

    Property Features for 8323 Lake Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    APN
    491420109006000500
    Lot size
    0.50 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1968
    Number of units
    2
    Building materials
    Stone
    Roof type
    Asphalt, Fiberglass, Shingle
    Architectural style
    Ranch

    Landtree Realtors (317) 888-3331 [email protected]

    Listing agent Steve Daniely (317) 888-3331 License #RB14006025

    Listing date Dec 10, 2025

    MLS# 22075928 Listing URL

    Copyright © 2025 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Indianapolis Duplex with Recent Updates

    This duplex property in Indianapolis features hardwood floors in the living rooms, hallways, bedrooms, and closets of both units. The living rooms measure 13 x 15, kitchens are 11 x 10, primary bedrooms are 11 x 11, second bedrooms are 10 x 12, and laundry rooms are 6 x 8. A new well pump, pressure tank, and switch, serving both units, were installed in 2025. The roof was replaced in 2017 and the gutters in 2013. Water softeners were installed in 2020. The furnaces in both units have had updates and replacements in recent years. The unit at 8325 South has a new water heater from 2024, an electric range and toilet from 2015, and the pole barn/garage has a new overhead door opener, cables, and remotes from 2020. The unit at 8323 North, which is currently unoccupied, features new interior paint and luxury vinyl plank flooring in the bathroom, kitchen, and laundry room installed in 2025, as well as a water heater from 2020. Both units have fenced backyards. The 8323 unit has a mini barn, while the 8325 unit has a 24 x 40 pole barn/garage with electricity and a concrete floor. The property has a low-maintenance stone exterior and sits on a 0.5-acre lot. This property is suitable for investors or owner-occupiers looking to rent out the second unit or house family members.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Building Supply Auto Repair Shop Clothing Store Gym & Fitness Accounting Firm HVAC Service Electrical Service Convenience Store Bakery

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.217476
    Latitude
    39.64385

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    FAQs

    What type of property is this?
    Duplex - Duplex featuring hardwood floors, updated systems, and fenced yards.
    Where is this duplex located?
    The property is located at 8323 Lake Rd Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $285,000.
    What are key features of this property?
    This property features: - Duplex ideal for investors or owner-occupants, offering rental income.; - Each unit features a fenced backyard; one with a mini barn, the other with a **24 x 40 pole barn/garage with electricity and concrete floor.**; - Unit 8323 North boasts **new interior paint and luxury vinyl plank flooring (2025)** in key areas, plus a newer water heater (2020).
    (317) 888-3331
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    8323 Lake Rd Indianapolis, IN 46217
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    Indianapolis, IN 46217
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8323 Lake Rd Indianapolis, IN 46217
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