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5340 Meadowood Drive, Indianapolis, IN 46224

Here's 5340 Meadowood Drive in Indianapolis, IN 46224. This listing is closed, but I can still walk you through the details.

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Photo of 5340 Meadowood Drive, Indianapolis, INRecently Sold — 5340 Meadowood Drive, Indianapolis, IN 462241 / 1

Quick read on the numbers:

$280,000

Recently Sold
Beds

3

Baths

2

Sq ft

2,462

Built

1955

Acres

0.21

Key things to know

  • Sold 2.9% below list in 2 days
  • Finished basement (1,107 sqft)
  • Meadowood subdivision

From the listing

Welcome to 5340 Meadowood Drive, a move-in ready gem with a prime location! This beautiful home offers 3 bedrooms, 1.5 bathrooms, and 2462 square feet of comfortable living space. The modern kitchen features dark cabinets and stainless steel appliances, an eat-in breakfast room and a pass through window into the current formal dining room. The fully finished basement provides 2 large additional living spaces perfect for relaxation or entertaining. Outside, the fully fenced-in backyard, complete with a fire pit, offers a private oasis for outdoor gatherings. Within walking distance to IMS and downtown Speedway, and a short 15-minute commute to downtown, this is the perfect place to call home!

A few highlights from the feature list:

Interior

Eat-in Kitchen

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

This home has sold:

Sold

$272,000

-$8,000 below list (-2.9%)

Closed
Sep 6, 2024
Listed at
$280,000
Sold
1 year ago
Sold in
2 days

Price history

  1. Sold$272,000

    Sep 6, 2024

  2. Listedat $280,000

    Aug 15, 2024

Meadowood · activity

past 6 months

Sold
2
Median price
$298,747
Median DOM
2 days

A few similar homes that recently sold nearby:

Recent comparable sales

Same zip · similar size

  • 5555 Maplewood Drive

    $297,000

    5555 Maplewood Drive

    4bd · 3ba · 2,214 sqft

    Sold May 2026

  • 1050 N Lynhurst Drive

    $365,000

    1050 N Lynhurst Drive

    3bd · 4ba · 2,085 sqft

    Sold Apr 2026

  • 310 N Whitcomb Avenue

    $230,000

    310 N Whitcomb Avenue

    3bd · 2ba · 2,393 sqft

    Sold Apr 2026

  • 3159 Arbutus Drive

    $235,000

    3159 Arbutus Drive

    3bd · 3ba · 2,332 sqft

    Sold Apr 2026

  • 2023 Winton Avenue

    $254,900

    2023 Winton Avenue

    3bd · 1ba · 1,816 sqft

    Sold Apr 2026

Comparative value

5 comps in this range

This home is 6.7% above median for similar nearby sales.

$230K$365KMedian $255K
$272K

A few places to dig deeper:

Meadowood School Town of Speedway

MLS# 21995951

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