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5551 Meadowood Drive

Indianapolis, IN 46224
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Bed 3

Bed

Bath 2

Bath

SqFt2,470

Sqft

Acres0.21

Acre(Lot)

Tucked into the established Meadowood neighborhood in Speedway, this brick ranch home offers 2470 square feet of living space in an inviting single level with basement layout. The home features 3 bedrooms and 1.5 bathrooms, with hardwood flooring in all three main level bedrooms and laminate flooring throughout the living room, dining room, and family room. The family room is anchored by a cozy wood burning fireplace, creating a warm gathering space, while the eat in kitchen and combined dining area make everyday living easy and comfortable. Downstairs, the partially finished basement, including an additional room with a walk in closet can be used as a 4th bedroom, a laundry room, and plenty of extra storage. Outside you will find a fenced yard on a 0.21 acre lot with an open patio, ide al for relaxing or entertaining, plus a detached one car garage. The home is equipped with forced air heating and central electric cooling, and is zoned to the Speedway School District, including Speedway Junior High School and Speedway Senior High School. With classic character and a comfortable layout, this home is a great opportunity in a well established Meadowood location.

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Detail Ic Property Details

Property Type : Residential

Price : $270,000

AD Id : 88242707

MLS Id : MBR22115131

Beds : 3

Lot Size : 0.21 Acre

Living Area Size : 2,470

Year Built : 1957

Garage : 1

County : Marion

Subdivision: Meadowood

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Feature Features

  • Bedroom Information

    Total Bedroom: 3

    Bathroom Information

    Total Baths: 2 Full Baths: 1 Half Baths: 1

    Room Information

    Rooms Total: 7 Has Basement: Yes

    Interior Features

    Eat-in Kitchen, Breakfast Bar, Walk-In Closet(s) Appliances: Dryer, Electric Oven, Refrigerator, Washer, Water Heater, Water Softener Owned, Microwave, Electric Cooktop, Range Hood Laundry Features: Sink, In Basement
  • Flooring Information

    Construction Materials: Brick
  • Heating & Cooling

    Heating: Forced Air, Baseboard Cooling: Central Air WaterSource: Public

  • Building Information

    Year Built: 1957

  • Lot Information

    Lot Square Feet: 9017 Lot Acres: 0.21

    Property Information

    Property Type: Residential Sub Type: Single Family Residence Style: Ranch

  • Listing Price Information

    Original List Price:$270000

  • Tax Information

    Tax Lot: 490525106009000914 Tax Legal Description: Meadowood Add L128 Tax Year: 2025 Parcel Number: 490525106009000914 Tax Exemption: Homestead Tax Exemption

  • Parking Information

    Detached

    Garage Information

    Has Garage: Yes Garage Space: 1 Garage SQFT: 280

  • School Information

    Junior High School: Speedway Junior High School Senior High School: Speedway Senior High School
  • Utility Information

    Water Source: Public
  • Location Information

    Subdivision: Meadowood City: Indianapolis Direction: GPS Friendly
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ByOwner last updated this listing 07/22/2026 @ 06:20

MLS: MIBOR #22115131 LISTED BY: Basim Najeeb, Keller Williams Indy Metro Partners 317-882-5900 SOURCE: MIBOR REALTOR® Association (Listings courtesy of MIBOR REALTOR® Association as distributed by MLS GRID)

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