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Pending
    • Price cut: $5K (7/8)
    $375,000

    5609 Meadowood Dr, Indianapolis, IN 46224

    5beds
    2,214sqft
    : 
    $2,525/mo
    Get pre-qualified
    Residential, Single Family Residence
    Built in 1957
    9,147 Square Feet Lot
    $-- Zestimate®
    $169/sqft
    $-- HOA

    What's special

    Patio areaMature treesNewer solar panels
    This home is special in so many ways. This hard to find, 5 bd Speedway Gem is the one you've been waiting for! It's not only updated from top to bottom, but you'll get the convenience of being 1 minute to I-465 and 10 minutes to downtown with the best central Indy location. Close proximity to top-rated Wheeler Elementary and Meadowood Park, you will love having the small town feeling that only Speedway brings while still being conveniently located to all things Indy! Turn-key and updated, this home also features newer solar panels perfect for that EV driver or anyone who appreciates an electric bill under $20. The main level features 3 bd, 2 ba and a newly renovated kitchen with all new appliances. Recent updates include; roof, HVAC, water heater, water softener, fresh paint, and basement completion with wet-bar, full bath, family room and 2 additional bedrooms. Freshly planted, lush landscaping with solar lighting and professional lawncare help enhance this mid-century home. Mature trees, along with a 4 seasons room with awning windows and patio area provide the outdoor relaxation you will appreciate anytime of the year. There's an attached 1.5 car garage and attached 2 car carport with roofing for off-street parking. Race over to see this amazing find because homes like this in Speedway do not come to market often.
    38 days
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    874
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    36
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    Zillow last checked:

    Listing updated:

    Listed by:

    Holly Kleiser 812-309-1606,

    CENTURY 21 Scheetz

    Source: MIBOR as distributed by MLS GRID,MLS#: 22097619MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      • Main level bathrooms: 2
      • Main level bedrooms: 3
      Primary bedroom
      • Level: Main
      • Area: 96 Square Feet
      • Dimensions: 12x8
      Bedroom 2
      • Level: Main
      • Area: 121 Square Feet
      • Dimensions: 11x11
      Bedroom 3
      • Level: Main
      • Area: 120 Square Feet
      • Dimensions: 10x12
      Bedroom 4
      • Level: Basement
      • Area: 143 Square Feet
      • Dimensions: 13x11
      Bedroom 5
      • Level: Basement
      • Area: 120 Square Feet
      • Dimensions: 12x10
      Kitchen
      • Features: Tile-Ceramic
      • Level: Main
      • Area: 84 Square Feet
      • Dimensions: 12x7
      Living room
      • Level: Main
      • Area: 238 Square Feet
      • Dimensions: 17x14
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Gas Cooktop, Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range Hood, Refrigerator, Water Softener Owned
      • Laundry: In Basement
      Features
      • Attic Access, Hardwood Floors, High Speed Internet
      • Flooring: Hardwood
      • Windows: Wood Work Painted
      • Basement: Daylight,Finished Ceiling,Roughed In
      • Attic: Access Only
      Interior area
      • Total structure area: 2,214
      • Total interior livable area: 2,214 sqft
      • Finished area below ground: 1,107

      Property

      Parking
      • Total spaces: 1
      • Parking features: Attached, Carport, Concrete
      • Garage spaces: 1
      • Has carport: Yes
      Accessibility
      • Accessibility features: Handicap Accessible Interior
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Breeze Way
      • Fencing: Fenced,Partial
      Lot
      • Size: 9,147 Square Feet
      • Features: Sidewalks, Mature Trees
      Details
      • Parcel number: 490525106042000914
      • Horse amenities: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Residential, Single Family Residence
      Materials
      • Brick
      • Foundation: Concrete Perimeter
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1957

      Utilities & green energy

      • Water: Public
      • Utilities for property: Water Connected

      Community & HOA

      Community
      • Subdivision: Meadowood
      HOA
      • Has HOA: No
      Location
      • Region: Indianapolis

      Financial & listing details

      • Price per square foot: $169/sqft
      • Tax assessed value: $228,800
      • Annual tax amount: $2,744
      • Date on market: 6/18/2026
      • Cumulative days on market: 39 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/23/2026Pending sale$375,000$169/sqft
        Source: MIBOR as distributed by MLS GRID #22097619 Report a problem
        7/8/2026Price change$375,000-1.3%$169/sqft
        Source: MIBOR as distributed by MLS GRID #22097619 Report a problem
        7/2/2026Price change$380,000-1.3%$172/sqft
        Source: MIBOR as distributed by MLS GRID #22097619 Report a problem
        6/23/2026Price change$385,000-1.3%$174/sqft
        Source: MIBOR as distributed by MLS GRID #22097619 Report a problem
        6/19/2026Listed for sale$389,900+30.5%$176/sqft
        Source: MIBOR as distributed by MLS GRID #22097619 Report a problem
        10/29/2025Sold$298,747-14.6%$135/sqft
        Source: MIBOR as distributed by MLS GRID #22044503 Report a problem
        7/30/2025Pending sale$349,900$158/sqft
        Source: MIBOR as distributed by MLS GRID #22044503 Report a problem
        7/18/2025Price change$349,900-4.1%$158/sqft
        Source: MIBOR as distributed by MLS GRID #22044503 Report a problem
        7/14/2025Price change$364,900-2.7%$165/sqft
        Source: MIBOR as distributed by MLS GRID #22044503 Report a problem
        7/7/2025Price change$374,900-3.6%$169/sqft
        Source: MIBOR as distributed by MLS GRID #22044503 Report a problem
        6/27/2025Price change$389,000-2.7%$176/sqft
        Source: MIBOR as distributed by MLS GRID #22044503 Report a problem
        6/13/2025Listed for sale$399,900+208.6%$181/sqft
        Source: MIBOR as distributed by MLS GRID #22044503 Report a problem
        6/12/2018Sold$129,600+21.1%$59/sqft
        Source: Public Record Report a problem
        3/26/2008Sold$107,000-3.5%$48/sqft
        Source: MIBOR as distributed by MLS GRID #2742485 Report a problem
        2/25/2008Listed for sale$110,900$50/sqft
        Source: RE/MAX of Indiana #MI2742485 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,745 +4.3%$228,800 +4.8%
        2024$2,631 +6.4%$218,300 +3%
        2023$2,471 +31.8%$211,900 +7.8%
        2022$1,876 +16.1%$196,600 +29.2%
        2021$1,616 +3.6%$152,200 +13.6%
        2020$1,560 +47.2%$134,000
        2019$1,060 +13.2%$134,000 +7.4%
        2018$936 +3%$124,800 +3.7%
        2017$909 +0.2%$120,400 +2.1%
        2016$908 +4%$117,900 +1.5%
        2014$873 +0.1%$116,200 +3%
        2013$872 $112,800 -3.1%
        2012$872 $116,400 +2.3%
        2011-- $113,800 -0.7%
        2010$728 +33.9%$114,600 +1.4%
        2009$544 $113,000 -6.1%
        2007-- $120,400 +0.6%
        2006-- $119,700 +25.3%
        2005-- $95,500
        2004-- $95,500
        2003-- $95,500 +79.8%
        2002-- $53,100 +200%
        2001-- $17,700
        2000-- $17,700
        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

        49 / 100
        Car-Dependent
        32 / 100
        Some Transit
        71 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Frank H Wheeler Elementary Sch 4
        • 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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