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(SOLD) $355,000

5708 Elaine Street Speedway, IN  46224

  • 3 Beds
  • 2 Baths
  • 1,903 sq. Ft

Property Description for 5708 Elaine Street Speedway, IN 46224

This home is the definition of Move-In ready! The owners took their previous inspection report and did all of the things. 3 Bedroom, 2 Bath Ranch with 4-Season Sunroom, Attached Garage, and Detached Garage/Workshop in the heart of Speedway. Electrical box updated to 200 Amp. New outlets and receptacles throughout. Garage lighting updated and new insulation added to Garage and Attic in '21. Installed all ceiling fans and shelving in the closets. The organization is beyond! New dryer vent added in laundry. Laundry has utility sink. New Roof in '23, along with Gutters, Gutter Covers, and Downspouts. Roof has a transferable warranty. Added a French perimeter drain around the detached garage. Kitchen has an induction range and oven with convection feature. The bathrooms are updated with gorgeous tile work and solid vanity tops. Bath fans are now vented to the outside. Backyard is fully fenced with Basketball goal, plenty of space to entertain. My personal favorite is the Sunroom with Mini-Split and beautiful wood vaulted ceilings. The only thing behind the property is the Eagledale Little League field. Corner Lot. Town of Speedway Schools. Speedway Senior High is ranked high in the US News and World Report and is #7 among all Indiana High Schools. #4 in the Indy Metro Area. No HOA, but the Town of Speedway does keep an eye on things. Close to Shambaugh Park, and everything on Crawfordsville Rd, and of course the famed Indianapolis Motor Speedway!
QuickBuy option for home selling

Address:5708 Elaine Street Speedway IN 46224
Status:Sold
Sold On: 8/19/2024
Price:$365,000
Bedrooms:3 Beds
Bathrooms:2 Full Baths
Sq. Feet:1,903
Year Built:1961
Lot Size:0.37
County: Marion
Township: Wayne
MLS #:21990136
Property Type:Single Family Residence

Lot Dimensions:16074
Lot Features:Corner Lot, Sidewalks, Street Lights, Mature Trees
Water Source:Municipal/City
Directions:465W to Crawfordsville Rd Exit 16A, Left on High School Rd, Right on W 30th, follow 30th to the end, then left on Elaine St.
Main Level Sq. Ft. :1,903
Total Sq. Ft. :1,903

Loan Price
$2,364
Price And Interest $1,852/month
Property Tax $364/month
MTG INS $0/month
HOME INS $148/month
Price
$355,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$364/month
Home Owner Insurance
$1,776 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Kitchen 12x7 Main
Family Room 20x18 Main
Sun Room 18x14 Main
Primary Bedroom 16x13 Main
Bedroom 2 11x10 Main
Bedroom 3 11x10 Main
Breakfast Room 12x10 Main

Semi-Annual Property Tax:$2,182
Tax Year:2023
Other Disclosures:None, Sales Disclosure Supplements
Mandatory HOA Fee:$

Area: 4993 - Marion - Wayne Speedway
Subdivision: Falenders Meadowood
Zip Code:46224

Total Sq. Ft.:1,903
Interior Features:Attic Pull Down Stairs, Breakfast Bar, Raised Ceiling(s), Hardwood Floors, Pantry, Screens Complete, Skylight(s), Windows Vinyl, Windows Wood
Eating Area(s):Breakfast Room, Dining Combo/Kitchen
Appliances:Dishwasher, Disposal, Gas Water Heater, Laundry Connection in Unit, MicroHood, Microwave, Convection Oven, Electric Oven, Refrigerator, Water Purifier, Water Softener Owned, Other
Exterior Features:Basketball Court, Out Building With Utilities
Exterior Type:Brick, Wood
Fuel:Renewable Source
Fireplace(s):Family Room, Insert, Gas Starter, Hearth Room
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Dishwasher, Disposal, Gas Water Heater, Laundry Connection in Unit, MicroHood, Microwave, Convection Oven, Electric Oven, Refrigerator, Water Purifier, Water Softener Owned, Other
Total Rooms:7
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Listing provided courtesy of Alison Fernandez with The Stewart Home Group from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 07/11/2024 12:00 AM. 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.





Speedway Market Report

46
Avg. DOM
$115.28
Avg. $ / Sq.Ft.
$ 324,450
Med. List Price

The house prices in Speedway are not dropping at the moment. There has been a increase in price of $28,300.00. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Speedway are going Up. The average house price is $309,900.00 and the average price per square feet is $122.95 per square feet. At the moment, the amount of homes listed is exactly 46 houses, with 3 with active status, 5 with pending status and 38 sold in Speedway .

The most popular place to buy a home in Speedway is 4993 - Marion - Wayne Speedway. 4993 - Marion - Wayne Speedway is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Speedway .

The average amount of property taxes you would have to pay for a home in Speedway is $3,130.00. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Speedway are staying listed for an average of 84 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Speedway was 17285 minutes ago.

At the moment we have 0 open houses that you can visit.

The cost of the most expensive home in Speedway is $339,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Speedway is $304,900.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Speedway in year 1957 and the newest built house is in year 1962.

The average size of properties in Speedway is 2625.67 sq.ft. , the biggest one being 2997 sq.ft. and the smaller being 2214 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.