Have you been waiting for an adorable, yet affordable, place to call your own? Would you love to live walking distance to the world-famous Indianapolis Motor Speedway? Does close access to freeways, excellent schools, bustling Speedway main street, Meadowood Park, and a great back yard to host your friends before or after the race all appeal to you? Featuring a great primary bedroom, beautiful hardwood floors, a spacious and private backyard with mature trees, tons of storage, and a full-size basement just waiting for your vision. Recent upgrades include new roof (2025), all new vinyl windows in the main floor dwelling (2024), remodeled primary bath (2024), new dishwasher (2024), and new privacy fencing in the back yard (2024). Come check out this classic speedway ranch home today!
Sold
$265,000
2535 Philwood Dr, Indianapolis, IN 46224
2beds
2,320sqft
Residential, Single Family Residence
Built in 1957
9,147 Square Feet Lot
$266,600 Zestimate®
$114/sqft
$1,694 Estimated rent
Home value
$266,600
$245,000 - $288,000
$1,694/mo
Zestimate® history
Owner options
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$1,332/mo
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$1,332/mo
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List your homeWhat's special
Full-size basementNew privacy fencingSpacious and private backyardNew vinyl windowsRemodeled primary bathMature treesTons of storage
Zillow last checked:
Listing updated:
Listed by:
Kelly Huff 317-379-5848,
F.C. Tucker Company,
Byron Wheeler 317-760-3782
Bought with:
Holly Kleiser
CENTURY 21 Scheetz
Source: MIBOR as distributed by MLS GRID,MLS#: 22060123
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 2
Primary bedroom
- Level: Main
- Area: 154 Square Feet
- Dimensions: 14x11
Bedroom 2
- Level: Main
- Area: 132 Square Feet
- Dimensions: 12x11
Bonus room
- Features: Other
- Level: Basement
- Area: 150 Square Feet
- Dimensions: 15x10
Kitchen
- Level: Main
- Area: 96 Square Feet
- Dimensions: 12x8
Living room
- Level: Main
- Area: 238 Square Feet
- Dimensions: 17x14
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Electric Cooktop, Dishwasher, Dryer, Disposal, Gas Water Heater, MicroHood, Electric Oven, Refrigerator, Washer
- Laundry: Laundry Room, In Basement
Features
- Ceiling Fan(s), Hardwood Floors, Eat-in Kitchen, Walk-In Closet(s)
- Flooring: Hardwood
- Basement: Daylight,Full,Partially Finished,Storage Space
Interior area
- Total structure area: 2,320
- Total interior livable area: 2,320 sqft
- Finished area below ground: 150
Property
Parking
- Total spaces: 1
- Parking features: Attached, Concrete
- Attached garage spaces: 1
- Details: Garage Parking Other(Guest Street Parking)
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Exterior features: Fire Pit
- Fencing: Fenced,Partial,Privacy,Gate
Lot
- Size: 9,147 Square Feet
- Features: Access, Sidewalks, Mature Trees
Details
- Parcel number: 490525116130000914
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Brick
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1957
Utilities & green energy
- Electric: 100 Amp Service
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Falenders Meadowood
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $114/sqft
- Tax assessed value: $221,600
- Annual tax amount: $2,646
- Date on market: 9/4/2025
- Cumulative days on market: 7 days
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 10/15/2025 | Sold | $265,000-3.6%$114/sqft |
Source:  MIBOR as distributed by MLS GRID #22060123 Report a problem | ||
| 9/11/2025 | Pending sale | $275,000$119/sqft |
Source: MIBOR as distributed by MLS GRID #22060123 Report a problem | ||
| 9/4/2025 | Listed for sale | $275,000+25%$119/sqft |
Source: MIBOR as distributed by MLS GRID #22060123 Report a problem | ||
| 7/19/2023 | Sold | $220,000-2.9%$95/sqft |
Source: MIBOR as distributed by MLS GRID #21922107 Report a problem | ||
| 6/19/2023 | Pending sale | $226,500$98/sqft |
Source: MIBOR as distributed by MLS GRID #21922107 Report a problem | ||
| 6/7/2023 | Price change | $226,500-1.5%$98/sqft |
Source: MIBOR as distributed by MLS GRID #21922107 Report a problem | ||
| 5/31/2023 | Pending sale | $230,000$99/sqft |
Source: MIBOR as distributed by MLS GRID #21922107 Report a problem | ||
| 5/24/2023 | Price change | $230,000-2.1%$99/sqft |
Source: MIBOR as distributed by MLS GRID #21922107 Report a problem | ||
| 5/19/2023 | Listed for sale | $234,990+116.8%$101/sqft |
Source: MIBOR as distributed by MLS GRID #21922107 Report a problem | ||
| 7/31/2007 | Sold | $108,400$47/sqft |
Source: MIBOR as distributed by MLS GRID #2707176 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,646 +4.3% | $221,600 +5.1% |
| 2024 | $2,536 +6.7% | $210,900 +3% |
| 2023 | $2,377 +32.5% | $204,700 +8% |
| 2022 | $1,795 +16.6% | $189,600 +29.7% |
| 2021 | $1,539 +5.9% | $146,200 +14% |
| 2020 | $1,453 +10.1% | $128,200 |
| 2019 | $1,320 -0.1% | $128,200 +7.5% |
| 2018 | $1,321 +9.2% | $119,300 -2.5% |
| 2017 | $1,210 +7% | $122,400 +6.5% |
| 2016 | $1,130 +12.2% | $114,900 +10.2% |
| 2014 | $1,007 +3.7% | $104,300 +4.8% |
| 2013 | $971 | $99,500 -3% |
| 2012 | $971 | $102,600 +4.4% |
| 2011 | -- | $98,300 |
| 2010 | $774 +33.3% | $98,300 +1.5% |
| 2009 | $581 | $96,800 -17.5% |
| 2007 | -- | $117,300 +0.6% |
| 2006 | -- | $116,600 +26.1% |
| 2005 | -- | $92,500 |
| 2004 | -- | $92,500 |
| 2003 | -- | $92,500 +75.9% |
| 2002 | -- | $52,600 +199.9% |
| 2001 | -- | $17,540 |
| 2000 | -- | $17,540 |
Find assessor info on the county website
Neighborhood: 46224
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Nearby schools
GreatSchools rating
- 7/10Frank H Wheeler Elementary School 4Grades: K-6Distance: 0.2 mi
- 9/10Speedway Junior High SchoolGrades: 7-8Distance: 1.4 mi
- 10/10Speedway Senior High SchoolGrades: 9-12Distance: 0.3 mi
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Estimated market value
$266,600
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$266,600
- Indiana
- Marion County
- Speedway
- 46224
- 2535 Philwood Dr
Nearby cities
Nearby zip codes
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