Active

5609 Meadowood Drive

Speedway, IN 46224

$389,900 $1,643/Mo

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Overview

Bed

Bath

2,214

Sqft

0.21

Acre(Lot)

Description

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. Walking distance 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.

Property Details

Property Type : Residential

Price : $389,900

AD Id : 85498352

MLS Id : MBR22097619

Beds : 5

Lot Size : 0.21 Acre

Living Area Size : 2,214

Year Built : 1957

Garage : 1

County : Marion

Subdivision: Meadowood

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedroom: 5

Bathroom Information

Total Baths: 3 Full Baths: 2 Half Baths: 1

Room Information

Rooms Total: 8 Has Basement: Yes

Interior Features

Attic Access, Handicap Accessible Interior, Hardwood Floors, Wood Work Painted, Hi-Speed Internet Availbl Appliances: Gas Cooktop, Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range Hood, Refrigerator, Water Softener Owned Laundry Features: In Basement
Flooring Information

Construction Materials: Brick
Heating & Cooling

Heating: Forced Air, Natural Gas Cooling: Central Air WaterSource: Public

Building Information

Year Built: 1957

Lot Information

Lot Description: Sidewalks, Mature Trees 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:$375000

Tax Information

Tax Lot: 122 Tax Legal Description: Meadowood Add L122 Tax Year: 2024 Parcel Number: 490525106042000914 Tax Exemption: Homestead Tax Exemption

Parking Information

Attached, Carport, Concrete

Garage Information

Has Garage: Yes Garage Space: 1 Garage SQFT: 308

School Information

Elementary School: Frank H Wheeler Elementary Sch 4 Junior High School: Speedway Junior High School Senior High School: Speedway Senior High School
Utility Information

Cable Connected, Natural Gas Connected, Water Connected Water Source: Public
Location Information

Subdivision: Meadowood City: Speedway Direction: GPS Friendly

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
4933 Ford Street, Speedway, IN, 46224	$233,850	3	1	1,056	1,056 SqFt
4951 Ford Street, Speedway, IN, 46224	$429,000	3	3	2,057	2,057 SqFt
4953 Ford Street, Speedway, IN, 46224	$229,000	2	2	2,128	2,128 SqFt
2029 Winton Avenue, Speedway, IN, 46224	$475,000	4	3	3,551	3,551 SqFt
1707 N Lynhurst Drive, Speedway, IN, 46224	$295,000	3	2	2,851	2,851 SqFt
2340 Gerrard Avenue, Speedway, IN, 46224	$275,000	3	2	1,216	1,216 SqFt
5506 Hollister Drive, Speedway, IN, 46224	$355,000	3	3	1,662	1,662 SqFt
1829 Cunningham Road, Speedway, IN, 46224	$615,000	8	7	5,767	5,767 SqFt
1909 Patton Drive, Speedway, IN, 46224	$209,900	2	1	1,832	1,832 SqFt

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ByOwner last updated this listing 06/19/2026 @ 18:20

MLS: MIBOR #22097619 LISTED BY: Holly Kleiser, CENTURY 21 Scheetz 317-814-5500 SOURCE: MIBOR REALTOR® Association (Listings courtesy of MIBOR REALTOR® Association as distributed by MLS GRID)