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Pending
    • $295,000

    5038 W 16th St, Indianapolis, IN 46224

    3beds
    1,800sqft
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    SingleFamily
    Built in 1940
    7,013 Square Feet Lot
    $-- Zestimate®
    $164/sqft
    $-- HOA

    What's special

    Large finished attic areaLarge deckOriginal characterUpdated bungalowUpdated bathroomNewer hvac system
    Charming updated bungalow located just 2 blocks from Main Street in downtown Speedway. This home combines original character with major recent improvements, including a new roof (2023), all new windows (2024), updated bathroom, and newer HVAC system. The main level features 2 bedrooms and 1 full bath, along with comfortable living and dining spaces filled with natural light. Upstairs is a large finished attic area with an additional bathroom, offering flexible space for a primary suite, guest room, office, or bonus living area. Additional features include: * Large deck * Full unfinished basement * 2-car garage * Updated mechanicals * Convenient location near restaurants, shops, and Speedway attractions House is currently vacant and easy to show. For Sale By Owner.
    49 days
    |
    106
    |
    2
    |
    Listed by:

    Property Owner (317) 918-2796

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Forced air, Other, Gas
      Cooling
      • Central
      Appliances
      • Included: Dishwasher, Garbage disposal, Range / Oven, Refrigerator
      Features
      • Flooring: Hardwood, Laminate
      • Basement: Unfinished
      • Has fireplace: Yes
      • Fireplace features: masonry
      Interior area
      • Total interior livable area: 1,800 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage - Detached
      Features
      • Exterior features: Vinyl, Brick
      • Has view: Yes
      • View description: City
      Lot
      • Size: 7,013 Square Feet
      Details
      • Parcel number: 490631103089000914

      Construction

      Type & style
      • Home type: SingleFamily
      Materials
      • Frame
      • Foundation: Crawl/Raised
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1940

      Community & HOA

      Location
      • Region: Indianapolis

      Financial & listing details

      • Price per square foot: $164/sqft
      • Tax assessed value: $204,100
      • Annual tax amount: $2,438
      • Date on market: 5/25/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,788/mo

        Price history

        DateEventPrice
        6/3/2026Pending sale$295,000$164/sqft
        Source: Owner Report a problem
        5/25/2026Listed for sale$295,000+272.1%$164/sqft
        Source: Owner Report a problem
        8/15/2014Sold$79,275+114.3%$44/sqft
        Source: MIBOR as distributed by MLS GRID #21296822 Report a problem
        6/27/2014Pending sale$37,000+236.4%$21/sqft
        Source: Advanced Realty, LLC #21296822 Report a problem
        6/14/2014Price change$11,000-70.3%$6/sqft
        Source: HomeSearch.com Realty Services Inc #21296822 Report a problem
        6/10/2014Listed for sale$37,000$21/sqft
        Source: RE/MAX Advanced Realty #21296822 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,438 +3.4%$204,100 +4.6%
        2024$2,358 +1.7%$195,200 +2.1%
        2023$2,319 +28.8%$191,100 +3.8%
        2022$1,801 +8.2%$184,100 +26.5%
        2021$1,665 +13.4%$145,500 +6.5%
        2020$1,468 -0.7%$136,600 +9.8%
        2019$1,479 +7.6%$124,400 +1.1%
        2018$1,374 +6.9%$123,100 +2%
        2017$1,286 +6.4%$120,700 +5.5%
        2016$1,209 +11.2%$114,400 +5.3%
        2014$1,087 +9.2%$108,600 +4.1%
        2013$995 $104,300 +0.4%
        2012$995 $103,900 -2.5%
        2011-- $106,600 -2.4%
        2010$948 +29.2%$109,200
        2009$734 $109,200 -6.6%
        2007-- $116,900
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 46224

        Getting around

        72 / 100
        Very Walkable
        32 / 100
        Some Transit
        68 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Speedway

        Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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