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(SOLD) $268,000

5868 Speedway Drive Indianapolis, IN  46224

  • 3 Beds
  • 3 Baths
  • 3,522 sq. Ft

Property Description for 5868 Speedway Drive Indianapolis, IN 46224

Unique Speedway home with 3 bedrooms (possible 4th), 3 full bathrooms, and over 3,000+ total square feet!! Entire 2nd floor features a huge primary suite. Walk-in closet, updated bathroom, large bedroom area, and a sitting room/office space. Main level contains 2 more bedrooms, 2 full bathrooms, living room, huge family room with vaulted ceilings, and a sunroom with tons of natural light. Finished basement includes spacious bonus room, possible 4th bedroom, and tons of extra storage space. Large laundry room on main level, 2 gas fireplaces, and a fenced in backyard make this one a must see!!!

Address:5868 Speedway Drive Indianapolis IN 46224
Status:Sold
Sold On: 6/24/2024
Price:$275,000
Bedrooms:3 Beds
Bathrooms:3 Full Baths
Sq. Feet:3,522
Year Built:1950
Lot Size:0.21
County: Marion
Township: Wayne Speedway
MLS #:21978163
Property Type:Single Family Residence

Lot Dimensions:9235
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :2,078
Upper Level Sq. Ft. :660
Total Sq. Ft. :3,522
Basement:Yes

Loan Price
$1,570
Price And Interest $1,398/month
Property Tax $60/month
MTG INS $0/month
HOME INS $112/month
Price
$268,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$60/month
Home Owner Insurance
$1,344 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room 16x11 Main
Family Room 25x22 Main
Kitchen 14x10 Main
Laundry 16x9 Main
Primary Bedroom 31x17 Upper
Bedroom 2 13x11 Main
Bedroom 3 11x10 Main
Sun Room 12x12 Main
Bonus Room 24x15 Basement
Play Room 12x10 Basement
Utility Room 17x13 Basement

Semi-Annual Property Tax:$357
Tax Year:2023
Mandatory HOA Fee:$

Area: 4993 - Marion - Wayne Speedway
City:Indianapolis
Subdivision: Schloss Home Place
Zip Code:46224

Total Sq. Ft.:3,522
Interior Features:Attic Access, Vaulted Ceiling(s), Hi-Speed Internet Availbl, Eat-in Kitchen, Programmable Thermostat, Screens Complete, Walk-in Closet(s), Windows Vinyl
Eating Area(s):Dining Combo/Family Room
Appliances:Dishwasher, Dryer, Disposal, Gas Water Heater, Microwave, Electric Oven, Refrigerator, Washer, Water Heater, Water Softener Owned
Exterior Type:Vinyl Siding
Fireplace(s):Basement, Family Room, Gas Starter
Cool:Central Electric
Heat:Gas
Water Heater:Dishwasher, Dryer, Disposal, Gas Water Heater, Microwave, Electric Oven, Refrigerator, Washer, Water Heater, Water Softener Owned
Total Rooms:9
Joe Hession, REALTOR®/Broker, F. C. Tucker Company
Joe Hession
Phone (317) 373-1914
Additional Phone (317) 271-1700
F.C. Tucker Company
VISIT MY PROFILE

Listing provided courtesy of Joseph Hession with F.C. Tucker Company from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 05/19/2024 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.





Indianapolis Market Report

137
Avg. DOM
$187.92
Avg. $ / Sq.Ft.
$ 389,000
Med. List Price

The house prices in Indianapolis are indeed dropping at the moment. There has been a decrease in price of $1,436.60. 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 Indianapolis are going Down. The average house price is $265,000.00 and the average price per square feet is $153.99 per square feet. At the moment, the amount of homes listed is exactly 9886 houses, with 2272 with active status, 1101 with pending status and 6513 sold in Indianapolis .

The most popular place to buy a home in Indianapolis is 4903 - Marion - Washington. 4903 - Marion - Washington 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 Indianapolis .

The average amount of property taxes you would have to pay for a home in Indianapolis is $3,058.56. 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 Indianapolis are staying listed for an average of 69 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 Indianapolis was 1258 minutes ago.

At the moment we have 90 open houses that you can visit.

The cost of the most expensive home in Indianapolis is $7,750,000.00. 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 Indianapolis is $38,900.00 . 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 Indianapolis in year 1827 and the newest built house is in year 2025.

The average size of properties in Indianapolis is 2103.24 sq.ft. , the biggest one being 13549 sq.ft. and the smaller being 252 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.

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