Come on home to this Speedway gem! 3 bedroom, 1.5 bath home with a full basement! Enjoy the beautiful 4 season sunroom (sunroom square footage not included on tax record). Nicely updated kitchen with all appliances staying with the home. Large living room open to dining area and the kitchen perfect for entertaining. Full basement equipped with large laundry/utility room along with 3 other areas to expand the living area of the home just waiting for the new buyers finishing touches. Attached 2 car finished garage w/ cabinets, insulated garage door & service door to the private fully fenced backyard, relax on your wood deck and just enjoy! Recent updates: Radon remediation system 2025, Seller has had the home inspected by Premium Home Inspections and repairs have been made. Seller is offering a 1 year home warranty through Choice Home Warranties Platinum plan for $660.00 or any plan the buyer chooses up to an amount not to exceed $660.00. Current owner has called this place home since 1972 and this beautiful home needs another family to raise. Schedule your showing today.
Sold
$280,000
5903 Schoolwood Dr, Indianapolis, IN 46224
3beds
2,320sqft
Residential, Single Family Residence
Built in 1958
9,147 Square Feet Lot
$282,800 Zestimate®
$121/sqft
$1,936 Estimated rent
Home value
$282,800
$260,000 - $308,000
$1,936/mo
Zestimate® history
Owner options
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$1,936/mo
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$1,936/mo
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$1,408/mo
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$1,408/mo
Est. payment
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List your homeWhat's special
Full basementWood deckOpen to dining areaInsulated garage doorUpdated kitchen
Zillow last checked:
Listing updated:
Listed by:
Chuck McCollum 317-514-5175,
eXp Realty LLC
Bought with:
Brenda Garcia
CENTURY 21 Scheetz
Source: MIBOR as distributed by MLS GRID,MLS#: 22040911
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
- Area: 132 Square Feet
- Dimensions: 12X11
Bonus room
- Features: Other
- Level: Basement
- Area: 308 Square Feet
- Dimensions: 22X14
Bonus room
- Features: Other
- Level: Basement
- Area: 234 Square Feet
- Dimensions: 18X13
Dining room
- Level: Main
- Area: 99 Square Feet
- Dimensions: 11X09
Kitchen
- Level: Main
- Area: 108 Square Feet
- Dimensions: 12X09
Laundry
- Features: Other
- Level: Basement
- Area: 255 Square Feet
- Dimensions: 17X15
Living room
- Level: Main
- Area: 272 Square Feet
- Dimensions: 17X16
Play room
- Features: Other
- Level: Basement
- Area: 330 Square Feet
- Dimensions: 22X15
Heating
- Forced Air, Natural Gas, High Efficiency (90%+ AFUE ), Baseboard
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Disposal, Gas Water Heater, Microwave, Electric Oven, Refrigerator, Washer, Water Softener Rented, Water Heater
- Laundry: In Basement, Sink
Features
- Attic Access, Breakfast Bar, High Speed Internet, Eat-in Kitchen, Vaulted Ceiling(s)
- Windows: Wood Work Painted
- Basement: Daylight,Full,Partially Finished,Interior Entry
- Attic: Access Only
Interior area
- Total structure area: 2,320
- Total interior livable area: 2,320 sqft
- Finished area below ground: 290
Property
Parking
- Total spaces: 2
- Parking features: Attached, Asphalt, Garage Door Opener
- Attached garage spaces: 2
- Details: Garage Parking Other(Finished Garage, Garage Door Opener, Service Door)
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Fencing: Fenced,Full
Lot
- Size: 9,147 Square Feet
- Features: Not In Subdivision, Mature Trees
Details
- Parcel number: 490525116060000914
- Special conditions: As Is,Defects/None Noted
- Other equipment: Radon System
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Brick, Vinyl Siding
- Foundation: Concrete Perimeter, Crawl Space
Condition
- New construction: No
- Year built: 1958
Utilities & green energy
- Electric: 100 Amp Service
- Water: Public
Community & HOA
Community
- Subdivision: Falenders Meadowood
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $121/sqft
- Tax assessed value: $234,900
- Annual tax amount: $2,808
- Date on market: 5/27/2025
- Cumulative days on market: 4 days
Price history
| Date | Event | Price |
|---|---|---|
| 6/30/2025 | Sold | $280,000+1.8%$121/sqft |
Source:  MIBOR as distributed by MLS GRID #22040911 Report a problem | ||
| 5/30/2025 | Pending sale | $275,000$119/sqft |
Source: MIBOR as distributed by MLS GRID #22040911 Report a problem | ||
| 5/27/2025 | Listed for sale | $275,000$119/sqft |
Source: MIBOR as distributed by MLS GRID #22040911 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,807 +4.4% | $234,900 +5.3% |
| 2024 | $2,690 +6% | $223,000 +3% |
| 2023 | $2,538 +32.5% | $216,400 +8% |
| 2022 | $1,916 +16.5% | $200,400 +30.1% |
| 2021 | $1,644 -0.1% | $154,000 +14.1% |
| 2020 | $1,646 +4.3% | $135,000 |
| 2019 | $1,578 +10.1% | $135,000 +4.5% |
| 2018 | $1,434 +8.4% | $129,200 +4.2% |
| 2017 | $1,323 +6.6% | $124,000 +6.5% |
| 2016 | $1,241 +11.4% | $116,400 +10.3% |
| 2014 | $1,114 +3.7% | $105,500 +4.9% |
| 2013 | $1,074 | $100,600 -2.9% |
| 2012 | $1,074 | $103,600 +3.5% |
| 2011 | -- | $100,100 |
| 2010 | $877 +32.8% | $100,100 +1.5% |
| 2009 | $660 | $98,600 -17.6% |
| 2007 | -- | $119,600 +0.6% |
| 2006 | -- | $118,900 +26.2% |
| 2005 | -- | $94,200 |
| 2004 | -- | $94,200 |
| 2003 | -- | $94,200 +78.1% |
| 2002 | -- | $52,900 +199.9% |
| 2001 | -- | $17,640 |
| 2000 | -- | $17,640 |
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: 1.5 mi
- 10/10Speedway Senior High SchoolGrades: 9-12Distance: 0.4 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
$282,800
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Estimated market value
$282,800
- Indiana
- Marion County
- Speedway
- 46224
- 5903 Schoolwood Dr
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