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2054 Gerrard Avenue, Speedway, IN 46224

Here's 2054 Gerrard Avenue in Speedway, IN 46224. This listing is closed, but I can still walk you through the details.

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Front exterior at 2054 Gerrard Avenue, Speedway, INRecently Sold — 2054 Gerrard Avenue, Speedway, IN 462241 / 1

Quick read on the numbers:

$229,000

Recently Sold
Beds

2

Baths

1

Sq ft

1,500

Built

1948

Acres

0.15

Key things to know

  • Sold at list price in 5 days
  • Finished basement (750 sqft)
  • Everett M Schofield subdivision

From the listing

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,…

A few highlights from the feature list:

Interior

Paddle FanHardwood FloorsEat-in KitchenWired for DataPantryWoodWorkStain/Painted

Exterior

Fire Pit

I'll break the details down — open any section that matters.

This home has sold:

Sold

$229,000

Closed
May 6, 2026
Sold
1 week ago
Sold in
5 days

Price history

  1. Sold$229,000

    May 6, 2026

  2. Listedat $229,000

    Apr 2, 2026

Everett M Schofield · activity

past 6 months

Sold
4
Median price
$224,999
Median DOM
45 days

A few similar homes that recently sold nearby:

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Comparative value

5 comps in this range

This home is 17% above median for similar nearby sales.

$115K$250KMedian $195K
$229K

A few places to dig deeper:

Everett M Schofield School Town of Speedway

MLS# 22091646

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