Just in time for the spring racing season, this 3Bed/2.5Baths brick bungalow with finished basement home offers everything you could want in your next home! Right in the heart of old Speedway sits incredible charm and rich history just waiting for your memories to be made in it! You'll find yourself within walking distance to the Indianapolis Motor Speedway and Main St. with access to numerous restaurants, coffee shops and schools. From the long sidewalk out front to the charming front porch to then entering this historic home, you start to get the feel for the nostalgia. Cozy front porch leads into a spacious living room with gleaming hardwood floors that continue into the Dining room with built-in cabinets in the dining room. Beautiful kitchen (remodeled in 2014) with white cabinets, tile backsplash, & SS appliances. The primary bedroom is located on the main level, along with a full bathroom, recently remodeled in 2022. Back room could be used as den and great for overflow from outdoor entertaining. Speaking of, what a great set up for grilling and parties on the deck and back yard area. Open the double doors to your oversized 2.5 car garage and you've got double the space for entertaining. Back inside, the beautiful staircase leads upstairs to more hardwood floors, two bedrooms, and a 1/2 bathroom! And the finished basement could be used for about anything you choose! It has a workshop to dream about, craft closet, office and rec room, and also includes another full bath (added in 2022), charming space for laundry with custom drying rack, folding table and utility sink, and lots of storage! Speedway Schools with High School ranked 3rd in the state of Indiana, 225th in the nation, & a 2020 award recipient of the National Blue Ribbon School ranking. Located only minutes from downtown Indianapolis, Speedway offers the sought after walkability factor with the small town feel! Don't miss this incredible opportunity!
Sold
$328,000
5205 W 16th St, Indianapolis, IN 46224
3beds
3,016sqft
Residential, Single Family Residence
Built in 1940
6,969.6 Square Feet Lot
$377,900 Zestimate®
$109/sqft
$2,256 Estimated rent
Home value
$377,900
$359,000 - $401,000
$2,256/mo
Zestimate® history
Owner options
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$2,045/mo
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List your homeWhat's special
Rec roomFinished basement homeHistoric homeNumerous restaurantsHeart of old speedwayMain stCozy front porch
Zillow last checked:
Listing updated:
Listing Provided by:
Whitney Strange 317-518-3418,
Keller Williams Indy Metro NE,
Cathy Toombs,
Keller Williams Indy Metro NE
Bought with:
Miranda Tworek
@properties
Source: MIBOR as distributed by MLS GRID,MLS#: 21961106
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Primary bedroom
- Features: Hardwood
- Level: Main
- Area: 154 Square Feet
- Dimensions: 14x11
Bedroom 2
- Features: Hardwood
- Level: Upper
- Area: 160 Square Feet
- Dimensions: 16x10
Bedroom 3
- Features: Hardwood
- Level: Upper
- Area: 120 Square Feet
- Dimensions: 12x10
Other
- Features: Vinyl
- Level: Basement
- Area: 96 Square Feet
- Dimensions: 12x8
Dining room
- Features: Hardwood
- Level: Main
- Area: 156 Square Feet
- Dimensions: 12x13
Family room
- Features: Vinyl
- Level: Basement
- Area: 384 Square Feet
- Dimensions: 12x32
Kitchen
- Features: Vinyl
- Level: Main
- Area: 110 Square Feet
- Dimensions: 11x10
Library
- Features: Laminate Hardwood
- Level: Main
- Area: 130 Square Feet
- Dimensions: 13x10
Living room
- Features: Hardwood
- Level: Main
- Area: 247 Square Feet
- Dimensions: 19x13
Office
- Features: Carpet
- Level: Basement
- Area: 80 Square Feet
- Dimensions: 10x8
Play room
- Features: Vinyl
- Level: Basement
- Area: 264 Square Feet
- Dimensions: 33x8
Heating
- Forced Air
Cooling
- Has cooling: Yes
Appliances
- Included: Dishwasher, Dryer, Disposal, Gas Water Heater, Microwave, Gas Oven, Refrigerator, Washer
- Laundry: In Basement
Features
- Hardwood Floors, Eat-in Kitchen
- Flooring: Hardwood
- Windows: Screens, Windows Vinyl
- Basement: Finished
- Number of fireplaces: 1
- Fireplace features: Basement, Wood Burning
Interior area
- Total structure area: 3,016
- Total interior livable area: 3,016 sqft
- Finished area below ground: 1,080
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
- Details: Garage Parking Other(Garage Door Opener)
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Deck, Porch
- Fencing: Fenced,Fence Full Rear
Lot
- Size: 6,969 sqft
- Features: Sidewalks, Street Lights, Mature Trees
Details
- Additional structures: Barn Mini
- Parcel number: 490631123024000914
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow,Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Brick
- Foundation: Block
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1940
Utilities & green energy
- Water: Municipal/City
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & neighborhood
Location
- Region: Indianapolis
- Subdivision: Speedway City
Price history
| Date | Event | Price |
|---|---|---|
| 5/7/2024 | Sold | $328,000-3.2%$109/sqft |
Source:  MIBOR as distributed by MLS GRID #21961106 Report a problem | ||
| 4/11/2024 | Pending sale | $339,000$112/sqft |
Source: MIBOR as distributed by MLS GRID #21961106 Report a problem | ||
| 3/30/2024 | Listed for sale | $339,000$112/sqft |
Source: MIBOR as distributed by MLS GRID #21961106 Report a problem | ||
| 3/20/2024 | Pending sale | $339,000$112/sqft |
Source: MIBOR as distributed by MLS GRID #21961106 Report a problem | ||
| 3/12/2024 | Price change | $339,000-4.7%$112/sqft |
Source: MIBOR as distributed by MLS GRID #21961106 Report a problem | ||
| 2/22/2024 | Price change | $355,900-5.1%$118/sqft |
Source: MIBOR as distributed by MLS GRID #21961106 Report a problem | ||
| 2/14/2024 | Listed for sale | $375,000+177.8%$124/sqft |
Source: MIBOR as distributed by MLS GRID #21961106 Report a problem | ||
| 8/9/2013 | Sold | $135,000-1.8%$45/sqft |
Source: MIBOR as distributed by MLS GRID #21229033 Report a problem | ||
| 7/8/2013 | Price change | $137,500-4.8%$46/sqft |
Source: Visual Tour #21229033 Report a problem | ||
| 6/10/2013 | Price change | $144,444-3.6%$48/sqft |
Source: Visual Tour #21229033 Report a problem | ||
| 5/27/2013 | Price change | $149,900-6.3%$50/sqft |
Source: Visual Tour #21229033 Report a problem | ||
| 5/4/2013 | Listed for sale | $159,900$53/sqft |
Source: Visual Tour #21229033 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,676 +0.4% | $361,500 +69.6% |
| 2024 | $2,665 +1.7% | $213,100 |
| 2023 | $2,621 +8.6% | $213,100 +3.8% |
| 2022 | $2,413 +21.6% | $205,300 +8.2% |
| 2021 | $1,985 -6.3% | $189,700 +18.9% |
| 2020 | $2,117 +4.1% | $159,600 -5.8% |
| 2019 | $2,035 +8.4% | $169,400 +4.4% |
| 2018 | $1,878 +9.6% | $162,300 +7.2% |
| 2017 | $1,713 +0.3% | $151,400 +8.1% |
| 2016 | $1,708 +4.3% | $140,000 +2.9% |
| 2014 | $1,637 +9.9% | $136,100 +4.6% |
| 2013 | $1,490 | $130,100 -0.3% |
| 2012 | $1,490 | $130,500 -7.1% |
| 2011 | -- | $140,500 -4.4% |
| 2010 | $1,548 +29.2% | $146,900 |
| 2009 | $1,198 | $146,900 -2.5% |
| 2007 | -- | $150,600 |
Find assessor info on the county website
Neighborhood: 46224
Nearby schools
GreatSchools rating
- 7/10Carl G Fisher Elementary School 1Grades: PK-6Distance: 0.2 mi
- 9/10Speedway Junior High SchoolGrades: 7-8Distance: 0.2 mi
- 10/10Speedway Senior High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Carl G Fisher Elementary School 1
- 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
$377,900
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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
$377,900
- Indiana
- Marion County
- Speedway
- 46224
- 5205 W 16th St
Nearby cities
Nearby zip codes
Other Speedway Topics
