Open: Sat 1pm-3pm
Active
$259,900
3beds
1,596sqft
2027 Gerrard Ave, Indianapolis, IN 46224
3beds
1,596sqft
Residential, single family residence
Built in 1948
6,534 sqft
Alley access, gravel
$163 price/sqft
What's special
Great opportunity in the heart of Speedway, just blocks from the Indianapolis Motor Speedway. This updated 3 bedroom home has the Speedway charm buyers love, but with a cleaner, more modern feel than many homes in the area. The home was rehabbed about 5 years ago and includes several major newer ...
- 7 days |
- 781 |
- 39 |
Likely to sell faster than
Source: MIBOR as distributed by MLS GRID,MLS#: 22111877
Travel times
Living Room
Kitchen
Dining Room
Zillow last checked:
Listing updated:
Listed by:
Justin Capps 317-694-8679,
Ferris Property Group
Source: MIBOR as distributed by MLS GRID,MLS#: 22111877
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
- Area: 108 Square Feet
- Dimensions: 12x9
Bedroom 2
- Level: Main
- Area: 99 Square Feet
- Dimensions: 11x9
Bedroom 3
- Level: Basement
- Area: 150 Square Feet
- Dimensions: 15x10
Dining room
- Level: Main
- Area: 56 Square Feet
- Dimensions: 8x7
Family room
- Level: Basement
- Area: 270 Square Feet
- Dimensions: 18x15
Kitchen
- Level: Main
- Area: 121 Square Feet
- Dimensions: 11x11
Living room
- Level: Main
- Area: 198 Square Feet
- Dimensions: 18x11
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Disposal, Gas Water Heater, MicroHood, Electric Oven, Refrigerator, Washer
- Laundry: In Basement
Features
- Attic Access, Ceiling Fan(s)
- Basement: Full
- Attic: Access Only
Interior area
- Total structure area: 1,596
- Total interior livable area: 1,596 sqft
- Finished area below ground: 399
Video & virtual tour
Property
Parking
- Parking features: Alley Access, Gravel
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck, Patio
- Fencing: Fenced,Chain Link
Lot
- Size: 6,534 Square Feet
- Features: Curbs, Street Lights
Details
- Additional structures: Barn Mini
- Parcel number: 490631120047000914
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow,Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Cement Siding
- Foundation: Block
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1948
Utilities & green energy
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Schofield Etal Speedway
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $163/sqft
- Tax assessed value: $135,700
- Annual tax amount: $3,044
- Date on market: 7/3/2026
- Cumulative days on market: 9 days
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 7/3/2026 | Listed for sale | $259,900+106.3%$163/sqft |
Source:  MIBOR as distributed by MLS GRID #22111877 Report a problem | ||
| 10/7/2021 | Sold | $126,000+5%$79/sqft |
Source: MIBOR as distributed by MLS GRID #21813688 Report a problem | ||
| 9/27/2021 | Pending sale | $120,000$75/sqft |
Source: MIBOR as distributed by MLS GRID #21813688 Report a problem | ||
| 9/24/2021 | Listed for sale | $120,000$75/sqft |
Source: MIBOR as distributed by MLS GRID #21813688 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,043 -4.1% | $135,700 +12.7% |
| 2024 | $3,174 +5.5% | $120,400 -4.1% |
| 2023 | $3,010 +266.4% | $125,500 +5.8% |
| 2022 | $821 +24.3% | $118,600 +31.2% |
| 2021 | $661 +19.5% | $90,400 +10.4% |
| 2020 | $553 +1.9% | $81,900 +4.3% |
| 2019 | $543 +8.5% | $78,500 +1.6% |
| 2018 | $500 -28.2% | $77,300 +4.2% |
| 2017 | $697 +4.1% | $74,200 -13.5% |
| 2016 | $669 +2% | $85,800 +2.4% |
| 2014 | $656 +4.9% | $83,800 +1.7% |
| 2013 | $626 | $82,400 +0.1% |
| 2012 | $626 | $82,300 +16.2% |
| 2011 | -- | $70,800 -5.9% |
| 2010 | $458 +28% | $75,200 |
| 2009 | $357 | $75,200 -5.5% |
| 2007 | -- | $79,600 +8.2% |
| 2006 | -- | $73,600 +29.1% |
| 2005 | -- | $57,000 |
| 2004 | -- | $57,000 |
| 2003 | -- | $57,000 +89.4% |
| 2002 | -- | $30,100 +200.1% |
| 2001 | -- | $10,030 |
| 2000 | -- | $10,030 |
Find assessor info on the county website
Monthly payment
Est. payment
$1,529/mo
Principal & interest
$1321
Property taxes
$208
Estimated market value
Not available
Estimated sales range
Not available
Not available
Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.
Neighborhood: 46224
Nearby schools
James A Allison Elementary School 3
Grades K-6 • 0.2 miles8/10
GreatSchools® Rating
Test Score Rating
9/10Academic Progress Rating
7/10Speedway Junior High School
Grades 7-8 • 0.6 miles9/10
GreatSchools® Rating
Test Score Rating
9/10Academic Progress Rating
8/10Speedway Senior High School
Grades 9-12 • 0.6 miles10/10
GreatSchools® Rating
College Readiness Rating
10/10- Indiana
- Marion County
- Speedway
- 46224
- 2027 Gerrard Ave