5315 Meadowood Drive, Indianapolis, IN 46224

$300,000
3
BD
3
BA
2,214
SqFt

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List Price
$300,000
MLS#
22123170
Property Type
Residential
Bedrooms
3
Bathrooms
3
Sqft. of Residence
2,214
Year Built
1956
Days on Market
4
Status
ACTIVE

Property Description

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.

Additional Information

Basement
Finished Ceiling, Full, Partially Finished
Foundation
Block, Full
Stories
One
Architecture
Contemporary
Equipment
Smoke Alarm, Sump Pump Dual
Interior
Attic Access
Acres
0.24
Heat
Forced Air, Natural Gas
Cooling
Central Air
Financing
Conventional, FHA, VA
Appliances
Electric Cooktop, Dishwasher, Disposal, Gas Water Heater, Exhaust Fan, Gas Oven, Refrigerator
Semi-Annual Taxes
$1,689
Garage
Yes
Garage Parking
Guest Street Parking
Region
Wayne
Eating Areas
Dining Combo/Family Room

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of F.C. Tucker Company.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative