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!
Sold
$229,000
2054 Gerrard Ave, Indianapolis, IN 46224
2beds
1,500sqft
Residential, Single Family Residence
Built in 1948
6,534 Square Feet Lot
$230,000 Zestimate®
$153/sqft
$1,569 Estimated rent
Home value
$230,000
$216,000 - $246,000
$1,569/mo
Zestimate® history
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List your homeWhat's special
Fire pitQuartz countertopsOne-of-a-kind flat stump tableUpdated eat-in kitchenStainless steel appliancesTile backsplashPainted cabinetry
Zillow last checked:
Listing updated:
Listing Provided by:
Tyler Lingle 317-443-5258,
@properties,
Amanda Henriott 765-412-8957
Bought with:
Michelle Bradbury
CENTURY 21 Scheetz
Source: MIBOR as distributed by MLS GRID,MLS#: 22091646
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
- Area: 160 Square Feet
- Dimensions: 16x10
Bedroom 2
- Level: Main
- Area: 110 Square Feet
- Dimensions: 11x10
Family room
- Features: Other
- Level: Basement
- Area: 338 Square Feet
- Dimensions: 26x13
Kitchen
- Features: Luxury Vinyl Plank
- Level: Main
- Area: 143 Square Feet
- Dimensions: 13x11
Laundry
- Features: Other
- Level: Main
- Area: 168 Square Feet
- Dimensions: 14x12
Living room
- Level: Main
- Area: 176 Square Feet
- Dimensions: 16x11
Heating
- Forced Air, Electric, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Disposal, Gas Water Heater, MicroHood, Gas Oven, Refrigerator, Washer
- Laundry: In Basement, Sink
Features
- Ceiling Fan(s), Hardwood Floors, Eat-in Kitchen, Wired for Data, Pantry
- Flooring: Hardwood
- Windows: WoodWorkStain/Painted
- Basement: Daylight,Finished Walls,Roughed In,Storage Space
Interior area
- Total structure area: 1,500
- Total interior livable area: 1,500 sqft
- Finished area below ground: 750
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
- Details: Garage Parking Other(Garage Door Opener, Guest Street Parking, Service Door)
Accessibility
- Accessibility features: Hallway - 36 Inch Wide
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Patio
- Exterior features: Fire Pit
- Fencing: Fenced,Full,Gate
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 6,534 sqft
- Features: Corner Lot, Curbs, Sidewalks, Storm Sewer, Street Lights, Mature Trees
Details
- Parcel number: 490631120073000914
- Special conditions: None,Sales Disclosure Supplements
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Residential, Single Family Residence
Materials
- Aluminum Siding
- Foundation: Block
Condition
- New construction: No
- Year built: 1948
Utilities & green energy
- Water: Public
Community & neighborhood
Location
- Region: Indianapolis
- Subdivision: Everett M Schofield
Price history
| Date | Event | Price |
|---|---|---|
| 5/6/2026 | Sold | $229,000$153/sqft |
Source:  MIBOR as distributed by MLS GRID #22091646 Report a problem | ||
| 4/6/2026 | Pending sale | $229,000$153/sqft |
Source: MIBOR as distributed by MLS GRID #22091646 Report a problem | ||
| 4/2/2026 | Listed for sale | $229,000+227.6%$153/sqft |
Source: MIBOR as distributed by MLS GRID #22091646 Report a problem | ||
| 9/21/2015 | Listing removed | $69,900+4.3%$47/sqft |
Source: F.C. Tucker Company #21292073 Report a problem | ||
| 11/7/2014 | Sold | $67,000-4.1%$45/sqft |
Source: MIBOR as distributed by MLS GRID #21292073 Report a problem | ||
| 10/1/2014 | Pending sale | $69,900$47/sqft |
Source: F.C. Tucker Company, Inc. #21292073 Report a problem | ||
| 8/29/2014 | Price change | $69,900-6.8%$47/sqft |
Source: F.C. Tucker Company, Inc. #21292073 Report a problem | ||
| 7/17/2014 | Price change | $75,000-6.1%$50/sqft |
Source: F.C. Tucker Company, Inc. #21292073 Report a problem | ||
| 6/28/2014 | Price change | $79,900-3.2%$53/sqft |
Source: F.C. Tucker Company, Inc. #21292073 Report a problem | ||
| 5/17/2014 | Listed for sale | $82,500$55/sqft |
Source: F.C. Tucker Company, Inc. #21292073 Report a problem | ||
| 2/23/2014 | Listing removed | $82,500$55/sqft |
Source: F.C. Tucker Company, Inc. #21251871 Report a problem | ||
| 12/12/2013 | Price change | $82,500-0.6%$55/sqft |
Source: F.C. Tucker Company, Inc. #21251871 Report a problem | ||
| 11/28/2013 | Price change | $83,000-0.6%$55/sqft |
Source: F.C. Tucker Company, Inc. #21251871 Report a problem | ||
| 11/14/2013 | Price change | $83,500-0.6%$56/sqft |
Source: F.C. Tucker Company, Inc. #21251871 Report a problem | ||
| 11/1/2013 | Price change | $84,000-0.6%$56/sqft |
Source: F.C. Tucker Company, Inc. #21251871 Report a problem | ||
| 10/23/2013 | Price change | $84,500-0.6%$56/sqft |
Source: F.C. Tucker Company, Inc. #21251871 Report a problem | ||
| 9/12/2013 | Price change | $85,000-2.9%$57/sqft |
Source: F.C. Tucker Company, Inc. #21251871 Report a problem | ||
| 8/23/2013 | Listed for sale | $87,500-14.6%$58/sqft |
Source: F.C. Tucker Company, Inc. #21251871 Report a problem | ||
| 6/30/2008 | Listing removed | $102,500$68/sqft |
Source: RE/MAX of Indiana #MI2800308 Report a problem | ||
| 2/25/2008 | Listed for sale | $102,500+13.9%$68/sqft |
Source: RE/MAX of Indiana #MI2800308 Report a problem | ||
| 12/26/2000 | Sold | $90,000$60/sqft |
Source: MIBOR as distributed by MLS GRID #2044455 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,672 +2.8% | $155,000 +12.6% |
| 2024 | $1,626 +2.8% | $137,600 -4.1% |
| 2023 | $1,581 +53.3% | $143,500 +5.9% |
| 2022 | $1,031 +20.5% | $135,500 +32.5% |
| 2021 | $855 +17.8% | $102,300 +10.2% |
| 2020 | $726 +3.2% | $92,800 +4.4% |
| 2019 | $704 +16.2% | $88,900 +2.4% |
| 2018 | $606 -30.1% | $86,800 +4.6% |
| 2017 | $867 +3.4% | $83,000 -13.9% |
| 2016 | $838 +1.4% | $96,400 +2% |
| 2014 | $827 +4.4% | $94,500 +1.6% |
| 2013 | $792 | $93,000 +0.2% |
| 2012 | $792 | $92,800 +16.3% |
| 2011 | -- | $79,800 -5.9% |
| 2010 | $560 +29.2% | $84,800 |
| 2009 | $433 | $84,800 -5.7% |
| 2007 | -- | $89,900 |
Find assessor info on the county website
Neighborhood: 46224
Nearby schools
GreatSchools rating
- 8/10James A Allison Elementary School 3Grades: K-6Distance: 0.2 mi
- 9/10Speedway Junior High SchoolGrades: 7-8Distance: 0.7 mi
- 10/10Speedway Senior High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- Middle: Speedway Junior High School
- 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
$230,000
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
$230,000
- Indiana
- Marion County
- Speedway
- 46224
- 2054 Gerrard Ave
Nearby cities
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