Here's an opportunity!! | This story and a half home offers great potential for a first-time buyer or an investor looking to own in the desirable Speedway community. It features three full bedrooms, two full bathrooms, original hardwood floors and updated windows and doors. The full, DRY, unfinished basement, with washer and dryer hook-up, ingress/egress window well, offers a blank slate ready to become your family room, playroom, home office, or workout room. Access the 22' x 24' detached 2-car garage from the rear alley. The garage features pull-down stairs that lead to a spacious storage loft with windows. Exit the garage by a service door through a fully fenced back yard that goes past a pergola sitting area on a sidewalk that leads to the side entrance of the house. Home is located in a quaint, quiet, comfortable neighborhood on a limited access street. The front yard landscaping paints the picture of a "very, very, very fine house". Talk about location... Fisher Elementary School is less than two blooks walking distance, the B&O Trail is just steps away and Main Street Speedway is nearby with its many activities. Access to restaurants, shopping, downtown Indianapolis, and the airport is extremely convenient. Whether you're looking to make it your own or invest in a growing area, this property is a must-see. Don't miss your chance to own in one of Speedway's most sought-after locations!
Sold
$302,500
1231 Nester St, Indianapolis, IN 46224
3beds
1,967sqft
Residential, Single Family Residence
Built in 1948
6,534 Square Feet Lot
$303,400 Zestimate®
$154/sqft
$1,969 Estimated rent
Home value
$303,400
$279,000 - $328,000
$1,969/mo
Zestimate® history
Owner options
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$1,969/mo
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$1,969/mo
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$1,868/mo
Est. payment
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$1,868/mo
Est. payment
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List your homeWhat's special
Full dry unfinished basementWasher and dryer hook-upPergola sitting areaUpdated windows and doorsOriginal hardwood floors
Zillow last checked:
Listing updated:
Listing Provided by:
Susan Webb 317-435-0996,
Homes & Homesites
Bought with:
Susan Webb
Homes & Homesites
Source: MIBOR as distributed by MLS GRID,MLS#: 22034777
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 2
Bedroom 2
- Level: Main
- Area: 121 Square Feet
- Dimensions: 11 x 11
Kitchen
- Level: Main
- Area: 120 Square Feet
- Dimensions: 15 x 8
Living room
- Level: Main
- Area: 187 Square Feet
- Dimensions: 11 x 17
Play room
- Features: Other
- Level: Basement
- Area: 816 Square Feet
- Dimensions: 24 x 34
Sitting room
- Level: Upper
- Area: 84 Square Feet
- Dimensions: 12 x 7
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Disposal, Gas Water Heater, MicroHood, Gas Oven, Refrigerator, Washer, Water Heater, Other
- Laundry: In Unit, Connections All, In Basement
Features
- Hardwood Floors, Walk-In Closet(s)
- Flooring: Hardwood
- Windows: Wood Work Painted
- Basement: Egress Window(s),Full,Storage Space,Unfinished
Interior area
- Total structure area: 1,967
- Total interior livable area: 1,967 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
- Details: Garage Parking Other(Service Door)
Features
- Levels: One and One Half
- Stories: 1
- Patio & porch: Covered
- Exterior features: Other
- Fencing: Fenced,Chain Link,Fence Complete,Full,Gate
Lot
- Size: 6,534 sqft
- Features: Curbs, On Trail, Sidewalks, Mature Trees, Trees-Small (Under 20 Ft), See Remarks
Details
- Parcel number: 490631123096000914
- Special conditions: Sales Disclosure Supplements,Other
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Residential, Single Family Residence
Materials
- Aluminum Siding
- Foundation: Block, Full, See Remarks, Other
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1948
Utilities & green energy
- Electric: 100 Amp Service
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected, See Remarks
Community & neighborhood
Location
- Region: Indianapolis
- Subdivision: Speedway City
Price history
| Date | Event | Price |
|---|---|---|
| 8/15/2025 | Sold | $302,500-4%$154/sqft |
Source:  MIBOR as distributed by MLS GRID #22034777 Report a problem | ||
| 5/25/2025 | Pending sale | $315,000$160/sqft |
Source: MIBOR as distributed by MLS GRID #22034777 Report a problem | ||
| 4/26/2025 | Listed for sale | $315,000$160/sqft |
Source: MIBOR as distributed by MLS GRID #22034777 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,960 +0.7% | $207,600 +5.8% |
| 2024 | $4,927 +1.6% | $196,200 +0.4% |
| 2023 | $4,848 +34.7% | $195,500 +2% |
| 2022 | $3,600 +9% | $191,700 +34.7% |
| 2021 | $3,304 +3.6% | $142,300 +7.8% |
| 2020 | $3,188 -0.3% | $132,000 +3.8% |
| 2019 | $3,199 -0.3% | $127,200 +0.3% |
| 2018 | $3,210 +8.7% | $126,800 -0.9% |
| 2017 | $2,954 | $128,000 +7.8% |
| 2016 | $2,954 +6.3% | $118,700 +5.4% |
| 2014 | $2,779 +3.3% | $112,600 +4.6% |
| 2013 | $2,690 | $107,600 -0.6% |
| 2012 | $2,690 | $108,200 +3.9% |
| 2011 | -- | $104,100 -4% |
| 2010 | $2,589 +19.4% | $108,400 |
| 2009 | $2,168 | $108,400 -1.5% |
| 2007 | -- | $110,100 |
Find assessor info on the county website
Neighborhood: 46224
Nearby schools
GreatSchools rating
- 7/10Carl G Fisher Elementary School 1Grades: PK-6Distance: 0.1 mi
- 9/10Speedway Junior High SchoolGrades: 7-8Distance: 0.1 mi
- 10/10Speedway Senior High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- High: Speedway Senior High School
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$303,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$303,400
- Indiana
- Marion County
- Speedway
- 46224
- 1231 Nester St
Nearby cities
Nearby zip codes
Other Speedway Topics
