2054 Gerrard Avenue, Speedway, IN 46224

• 2 beds |
• 1 bath |
• 1,500 sqft

Property Description

Welcome Race Fans! Just in time for the Greatest Spectacle in Racing, this charming 1948 bungalow sits just blocks from the Indianapolis Motor Speedway and puts you right in the heart of all the action! Whether you're looking for your first home, a weekend getaway, or a smart investment opportunity, this Speedway gem delivers both excitement and everyday comfort. Step inside to find beautiful hardwood floors and a warm, inviting layout packed with character. The updated eat-in kitchen blends vintage charm with modern touches, featuring quartz countertops, stainless steel appliances, painted cabinetry, and a tile backsplash-perfect for morning coffee or hosting friends before race day festivities. This 2-bedroom, 1-bath home offers approximately 750 square feet on the main level, plus an additional 750 square feet in the basement-ready to be transformed into your dream rec space, game room, or ultimate race day hangout. Already a great spot for a man cave or big-screen viewing area, the possibilities are endless. Out back, you'll find an entertainer's dream: a large, fully fenced, shaded yard complete with a fire pit and a one-of-a-kind flat stump table-ideal for relaxing evenings, gatherings, and making memories year-round. Convenient rear access leads directly into the kitchen or down to the basement. Car enthusiasts and hobbyists will love the detached 2-car garage, offering ample space for storage, projects, or your prized vintage vehicles. Major mechanicals provide peace of mind with a newer A/C (3 years), water heater (4 years), furnace (11 years), and roof (10 years). Located just minutes from shopping, dining, coffee shops, local favorites like the AJ Foyt Wine Vault, indoor karting, major highways, and a quick straight shot to downtown Indianapolis-this location truly can't be beat! Don't miss your chance to own a piece of Speedway living-schedule your showing today and get ready to experience the thrill of race season right from your doorstep!

Listing Status:

Active

Data Last Updated:

April 2, 2026 at 7:19PM

Listing Office:

@properties : 317-443-5258

Listing Agent:

Tyler Lingle : 317-443-5258

MLS ID:

22091646

Interior

• General: Paddle FanHardwood FloorsEat-in KitchenWired for DataPantryWoodWorkStain/Painted
• Appliances: DishwasherDryerDisposalGas Water HeaterMicroHoodGas OvenRefrigeratorWasher
• Laundry: In BasementSink
• Basement: DaylightFinished WallsRoughed InStorage Space
• A/C: Central Air
• Heating: Forced AirElectricNatural Gas
• Fireplace: Fireplaces: 0

Exterior

• General: Fire Pit
• Style: Bungalow
• Other Structures: PatioCovered
• Parking: Detached

Construction

• General: OneBlock

Location

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

Lot

• Zoning: Everett M SchofieldEtal Speedway Terrace L271490631120073000914
• View: NeighborhoodView
• Fencing: FullGate

Utilities

• Utilities: Cable AvailableCable ConnectedNatural Gas AvailableNatural Gas Connected
• Water: Public

Financial

• Source: mibor