$229,000

5332 Speedway Dr Indianapolis, IN 46224

Estimated payment $1,403/month

2 Beds
1 Bath
920 Sq Ft
$249 Price per Sq Ft

Highlights

  • Mature Trees
  • Deck
  • No HOA
  • Speedway Junior High School Rated A
  • Wood Flooring
  • Covered Patio or Porch

About This Home

Nestled in the heart of Speedway, this classic bungalow offers timeless character, thoughtful updates, and a location that shines year-round, especially in May. Just over a mile from the south entrance of the Indianapolis Motor Speedway, this two-bedroom, one-bath home is perfectly positioned for anyone who loves the energy, tradition, and tight-knit community Speedway is known for. Inside, original hardwood floors have been beautifully maintained and refinished, bringing warmth and charm throughout the main living spaces. The south-facing front of the home pairs beautifully with east-facing sunlight that fills the kitchen, dining, and living areas, creating a bright and inviting feel throughout the day. The sellers have completed a full bathroom update, refreshed the landscaping, and added thoughtful outdoor improvements, making the home even more enjoyable. A covered front porch offers the perfect shaded spot for morning coffee beneath the mature trees or for watching race fans make their way toward IMS. Out back, an extended patio creates a welcoming transition to the large, shotgun-style fenced backyard, which backs up to the bike path leading toward downtown Speedway and IMS. The sellers also added a small new deck for easy access to the backyard. The detached one-car garage provides parking and storage, while the larger front yard and driveway offer additional space for guests or race-day parking. The unfinished basement includes the laundry area and provides excellent storage. Loved for many years and thoughtfully cared for, this Speedway bungalow is ready for its next owner to enjoy its charm, updates, walkability, and the unique community spirit that makes Speedway so special.

Listing Agent

Chelsea Tarquini Noble

Berkshire Hathaway Home Brokerage Email: cnoble@bhhsin.com License #RB21000030 Listed on: 05/14/2026

Berkshire Hathaway Home

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,174

Year Built

  • Built in 1940

Lot Details

  • 9,670 Sq Ft Lot
  • Mature Trees

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Woodwork
  • Entrance Foyer
  • Combination Dining and Living Room
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Laundry in Basement
  • Crawl Space
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed
  • Storage Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Water Softener is Owned

Community Details

  • No Home Owners Association
  • Schloss Home Place Subdivision

Listing and Financial Details

  • Legal Lot and Block 472 / 3
  • Assessor Parcel Number 490536112013000914

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,174

Year Built

Built in 1940

Lot Details

9,670 Sq Ft Lot

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1940
  • Building Area Total: 1296
  • Garage Y N: Yes
  • Lot Size Acres: 0.22
  • Subdivision Name: Schloss Home Place
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Attribution Contact: cnoble@bhhsin.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Daylight
  • Appliances: Dishwasher, Disposal, Gas Water Heater, MicroHood, Electric Oven, Refrigerator, Water Softener Owned
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 56
  • Interior Amenities: Attic Access, Entrance Foyer, Hardwood Floors, Wood Work Painted
  • Living Area: 920
  • Other Equipment: Smoke Alarm
  • Eating Area: Dining Combo/Living Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 864
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Direction Faces: Southwest
  • Exterior Features: Storage Shed
  • Fencing: Full, Privacy
  • Foundation Details: Block, Crawl Space
  • Patio And Porch Features: Deck, Covered
  • View Y N: No
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached

Utilities

  • Utilities: Cable Available, Natural Gas Connected
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: In Basement
  • Water Source: Public
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Sidewalks, Storm Sewer, Street Lights, Mature Trees
  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 9670
  • Parcel Number: 490536112013000914
  • Acres: <1/4 Acre

Tax Info

  • Tax Annual Amount: 2174
  • Tax Block: 3
  • Tax Lot: 472
  • Semi Annual Property Tax Amt: 1087
  • Tax Exemption: Homestead Tax Exemption

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,174 $184,300 $14,200 $170,100
2024 $2,102 $175,400 $14,200 $161,200
2023 $2,102 $171,600 $14,200 $157,400
2022 $2,050 $165,200 $14,200 $151,000
2021 $1,336 $117,900 $14,200 $103,700
2020 $1,206 $110,500 $14,200 $96,300
2019 $943 $100,600 $14,200 $86,400
2018 $947 $99,600 $14,200 $85,400
2017 $383 $97,500 $14,200 $83,300
2016 $376 $92,300 $14,200 $78,100
2014 $361 $87,500 $14,200 $73,300
2013 $347 $83,900 $14,200 $69,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/14/2026 05/14/26 For Sale $229,000 +83.2% $249 / Sq Ft
05/09/2017 05/09/17 Sold $125,000 +1.6% $72 / Sq Ft View Prior Sale
04/08/2017 04/08/17 For Sale $123,000 -1.6% $71 / Sq Ft
04/08/2017 04/08/17 Off Market $125,000 -- --
03/23/2017 03/23/17 For Sale $123,000 +35.2% $71 / Sq Ft
10/16/2015 10/16/15 Sold $91,000 -4.2% $53 / Sq Ft View Prior Sale
09/06/2015 09/06/15 Pending -- -- --
07/08/2015 07/08/15 For Sale $95,000 -- $55 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed $125,000 --
Deed $125,000 First American Title
Warranty Deed -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $118,750 New Conventional
Previous Owner $89,351 FHA
Source: Public Records

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22100552

MIBOR Broker Listing Cooperative®

APN: 49-05-36-112-013.000-914

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