2054 Gerrard Avenue Speedway, IN 46224
Listing Courtesy of: MIBOR as distributed by MLS GRID / @properties

  2054 Gerrard Avenue Speedway, IN 46224

Pending (18 Days)
$229,000 (USD)
2
BED
1
BATH
1,500
SQFT

Description

Welcome Race Fans! Just in time for the Greatest Spectacle in Racing, this charming 1948 bungalow sits just blocks from the Indianapolis Motor Speedway and puts you right in the heart of all the action! Whether you're looking for your first home, a weekend getaway, or a smart investment opportunity, this Speedway gem delivers both excitement and everyday comfort. Step inside to find beautiful hardwood floors and a warm, inviting layout packed with character. The updated eat-in kitchen blends vintage charm with modern touches, featuring quartz countertops, stainless steel appliances, painted cabinetry, and a tile backsplash-perfect for morning coffee or hosting friends before race day festivities. This 2-bedroom, 1-bath home offers approximately 750 square feet on the main level, plus an additional 750 square feet in the basement-ready to be transformed into your dream rec space, game room, or ultimate race day hangout. Already a great spot for a man cave or big-screen viewing area, the possibilities are endless. Out back, you'll find an entertainer's dream: a large, fully fenced, shaded yard complete with a fire pit and a one-of-a-kind flat stump table-ideal for relaxing evenings, gatherings, and making memories year-round. Convenient rear access leads directly into the kitchen or down to the basement. Car enthusiasts and hobbyists will love the detached 2-car garage, offering ample space for storage, projects, or your prized vintage vehicles. Major mechanicals provide peace of mind with a newer A/C (3 years), water heater (4 years), furnace (11 years), and roof (10 years). Located just minutes from shopping, dining, coffee shops, local favorites like the AJ Foyt Wine Vault, indoor karting, major highways, and a quick straight shot to downtown Indianapolis-this location truly can't be beat! Don't miss your chance to own a piece of Speedway living-schedule your showing today and get ready to experience the thrill of race season right from your doorstep!

MLS #:
22091646
Taxes
$836(2024)
Lot Size
6,578 SQFT
Type
Single-Family Home
Year Built
1948
Views
Neighborhood
School District
School Town of Speedway
County
Marion County
Community
Wayne

Listed By

Tyler Lingle, @properties
Source
MIBOR
Last checked Apr 19 2026 at 11:43 PM GMT+0000
Bathroom Details
  • Full Bathroom: 1
Interior Features
  • Bedroom Other on Main
  • Gas Oven
  • Refrigerator
  • Dryer
  • Washer
  • Dishwasher
  • Disposal
  • Microhood
  • Gas Water Heater
Subdivision
  • Everett M Schofield
Property Features
  • Fireplace: 0
  • Foundation: Block
Heating and Cooling
  • Forced Air
  • Electric
  • Natural Gas
  • Central Air
Basement Information
  • Finished Walls
  • Roughed In
  • Storage Space
  • Daylight
Exterior Features
  • Aluminum Siding
School Information
  • Middle School: Speedway Junior High School
  • High School: Speedway Senior High School
Stories
  • 1
Living Area
  • 1,500 sqft
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
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Interest rate
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Mortgage calculator estimates are provided by C21 Scheetz and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2023 Metropolitan Indianapolis Board of Realtors (MIBOR). All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 7/20/23 06:55
Based on information submitted to the MLS GRID as of 4/19/2026 23:43. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.