$270,000

5551 Meadowood Drive, Indianapolis, IN 46224

3 beds |
2 baths |
1,917 sqft

Single-Family Home
Built in 1957
9,148sqft lot
1 car garage
$141/sqft
Listed 5 days ago

Property Description

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, ideal 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.

Listing Status:: Active
Data Last Updated:: July 26, 2026 at 10:20PM
Listing Office:: Keller Williams Indy Metro Partners : 317-657-2442
Listing Agent:: Basim Najeeb : 317-657-2442
MLS ID:: 22115131

General: Eat-in KitchenBreakfast BarWalk-In Closet(s)
Appliances: DryerElectric OvenRefrigeratorWasherWater HeaterWater Softener OwnedMicrowaveElectric CooktopRange Hood
Laundry: SinkIn Basement
Basement: Partially Finished
A/C: Central Air
Heating: Forced AirBaseboard
Fireplace: Family RoomFireplaces: 1

Style: Ranch
Other Structures: Patio
Parking: Detached

General: OneConcrete Perimeter

Originating MLS: mibor
School District: School Town of Speedway
County: Marion

Zoning: Meadowood Add L128490525106009000914
Fencing: Gate

Water: Public

Source: mibor

This listing courtesy of Basim Najeeb , Keller Williams Indy Metro Partners

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.