5315 Meadowood Drive Indianapolis, IN $ 300,000
5315 Meadowood Drive
$ 300,000
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5315 Meadowood Drive

Indianapolis, IN, 46224
$ 300,000
Bedrooms3 Baths2.1 Sq 2,214

Monthly Estimate*

$ 2,072

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Single Family Home for sale in Indianapolis, IN

for $300,000 with 3 bedrooms and 2 full baths, 1 half bath. This 2,214 square foot home was built in 1956 on a lot size of 0.24.

Prime Speedway Location | Major Upgrades | Extended Basement Living Space Welcome home to this exceptionally well-maintained Speedway property, perfectly positioned just 0.7 miles from Turn 4 of the iconic Indianapolis Motor Speedway and a short two-block walk to award-winning Speedway Senior High School. Offering a blend of top-tier location and major structural and mechanical peace of mind, this home is completely move-in ready. Main Level Highlights: Layout: Features 3 spacious bedrooms and 1.5 bathrooms. Fresh Finishes: Freshly updated kitchen flooring creates a modern, easy-to-clean heart of the home. Finished Basement & Additional Living Area: Kitchenette: Perfect for entertaining, a second living setup or hosting. Bonus Room: Additional basement room featuring its own attached full bathroom (ideal for a private home office, guest space, or craft room). Major Capital Improvements & Mechanical Upgrades: Roof & Gutters (2025): Brand-new roof and gutters installed on both the main house and detached garage. Water Management Systems: Equipped with a newer secondary sump pump and a brand-new lift pump for total basement peace of mind. HVAC (2018): Updated, high-efficiency furnace and central air conditioning unit. Don't miss the opportunity to own a well-cared-for home with big-ticket updates in one of Speedway's most desirable pockets.

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Single Family Pending

Price

$ 300,000

Bedrooms

3

Full Bath

2

Half Bath

1

Property Type

Single Family

Taxes

$ 3,378

Style

Contemporary

Lot Size

0.24

Year Built

1956

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22123170

Features
Interior
Interior Amenities Attic Access
Basement Finished Ceiling Full Partially Finished
Total Fireplaces 0
Basement (Y/N) Y
Half Baths 1
Laundry Features In Unit In Basement
Total Bedrooms 3
Below Grade Finished Area 885
Main Level Bedrooms 3
Total Baths 3
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General
Heating Forced Air Natural Gas
Cooling Central Air
Possession Negotiable
Appliances Electric Cooktop Dishwasher Disposal Gas Water Heater Exhaust Fan Gas Oven Refrigerator
Garage Spaces 2
Patio/Porch Features Patio Porch
Architectural Style Contemporary
Construction Materials Brick
Year Built 1956
Township Wayne
Levels One
Property Subtype Single Family Residence
Tax Year 2025
County Marion
New Construction N
Property Type Residential
HOA N
Subdivision Name Meadowood
Facing Direction North
Garage Y/N Y
Total Rooms 10
Full Baths 2
Status Pending
Directions GPS Friendly
High School Speedway Senior High School
City Indianapolis
High School District School Town of Speedway
MLS Area 4909 - Marion - Wayne
Lot Size Square Feet 10280
Elementary School Frank H Wheeler Elementary Sch 4
Property Attached Y/N N
Current Financing Conventional FHA VA
Middle/Junior High School Speedway Junior High School
Additional Parcels Y/N N
Standard Status Pending
Tax Lot 49-05-25-106-086.000-914
Virtual Tour https://view.lloydfpmedia.com/order/961eb09b-23c5-4fdb-1e76-08df053ad7d6?version=23_199&branding=true
Legal Description Meadowood Add L21
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Exterior
Fencing Chain Link Full
Parking Features Detached
Lot Features Corner Lot Curbs Sidewalks Street Lights
Water Source Public
Foundation Details Block Full
Spa N
Building Area Total 2214
Lot Size Acres 0.24
Waterfront Y/N N
Other Equipment Smoke Alarm Sump Pump Dual
Horse Amenities None
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* Excluded Features
List By
F.C. Tucker Company

Broker

earlypat@talktotucker.com

Email

Affordability Calculator

$2,354
Per Month
88%
12%
0%
Monthly Principal & Interest
$2,072
Monthly Property Taxes
$282
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5500656 Elementary School
4048073 Middle School
Speedway Senior High School High School
Pricing History
DatePricePrice ChangeDescription
9/3/2026$300,000 Listed Price

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5315 Meadowood Drive, Indianapolis, IN, 46224 is a Single Family Home for sale at $300,000 with 2,214 sqft and a lot size of 0.24. 5315 Meadowood Drive has 3 bedrooms, 2.1 baths, and was built in 1956. The property's zip code is 46224 which is in Indianapolis, IN