5205 W 16th Street Indianapolis, IN $ 339,000
5205 W 16th Street
$ 339,000
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5205 W 16th Street

Indianapolis, IN, 46224
$ 339,000
Bedrooms3 Baths2.1 Sq 3,016

Monthly Estimate*

$ 2,368

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Single Family Home for sale in Indianapolis, IN

for $339,000 with 3 bedrooms and 2 full baths, 1 half bath. This 3,016 square foot home was built in 1940 on a lot size of 0.16.

Just in time for the spring racing season, this 3Bed/2.5Baths brick bungalow with finished basement home offers everything you could want in your next home! Right in the heart of old Speedway sits incredible charm and rich history just waiting for your memories to be made in it! You'll find yourself within walking distance to the Indianapolis Motor Speedway and Main St. with access to numerous restaurants, coffee shops and schools. From the long sidewalk out front to the charming front porch to then entering this historic home, you start to get the feel for the nostalgia. Cozy front porch leads into a spacious living room with gleaming hardwood floors that continue into the Dining room with built-in cabinets in the dining room. Beautiful kitchen (remodeled in 2014) with white cabinets, tile backsplash, & SS appliances. The primary bedroom is located on the main level, along with a full bathroom, recently remodeled in 2022. Back room could be used as den and great for overflow from outdoor entertaining. Speaking of, what a great set up for grilling and parties on the deck and back yard area. Open the double doors to your oversized 2.5 car garage and you've got double the space for entertaining. Back inside, the beautiful staircase leads upstairs to more hardwood floors, two bedrooms, and a 1/2 bathroom! And the finished basement could be used for about anything you choose! It has a workshop to dream about, craft closet, office and rec room, and also includes another full bath (added in 2022), charming space for laundry with custom drying rack, folding table and utility sink, and lots of storage! Speedway Schools with High School ranked 3rd in the state of Indiana, 225th in the nation, & a 2020 award recipient of the National Blue Ribbon School ranking. Located only minutes from downtown Indianapolis, Speedway offers the sought after walkability factor with the small town feel! Don't miss this incredible opportunity!

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Single Family Pending

Price

$ 339,000

Bedrooms

3

Full Bath

2

Half Bath

1

Property Type

Single Family

Taxes

$ 2,412

Style

Bungalow,TraditonalAmerican

Lot Size

0.16

Year Built

1940

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

21961106

Features
General
Interior Features Hardwood Floors Screens Complete Windows Vinyl Eat-in Kitchen
Heating Forced Air Gas
Cooling Central Electric
Utilities Cable Connected Electricity Connected Gas Sewer Connected Water Connected
Possession Closing
Appliances Dishwasher Dryer Disposal Gas Water Heater Microwave Gas Oven Refrigerator Washer
Exterior Features Barn Mini
Garage Spaces 2
Patio/Porch Features Covered Porch Deck Main Level Porch Open
Architectural Style Bungalow TraditonalAmerican
Construction Materials Brick
Year Built 1940
Township Wayne
Levels Two
Property SubType Single Family Residence
Tax Year 2023
County Marion
New Construction N
Property Type Residential
HOA / Comm Assn N
Subdivision Name Speedway City
Facing Direction North
Garage Y/N Y
Total Rooms 11
Status Pending
Directions GPS Friendly. Go past the house on 16th St. turn right on Allison turn right into the alley & driveway for house is the 2nd drive from Allison.
High School Speedway Senior High School
City Indianapolis
Buyer Agent Compensation 3
High School District School Town of Speedway
MLS Area 4993 - Marion - Wayne Speedway
Lot Size Square Feet 7013
Street Name 16th
Elementary School Carl G Fisher Elementary School 1
Property Attached Y/N N
Current Financing Conventional FHA Conventional VA
Middle/Junior High School Speedway Junior High School
Property Condition Updated/Remodeled
Additional Parcels Y/N N
Days on Market 41
Standard Status Pending
Tax Lot 565
Buyer Agent Compensation Type %
Legal Description Speedway City Second Section L565
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Interior
Basement Finished
Total Fireplaces 1
Fireplace Features Basement Woodburning Fireplce
Basement (Y/N) Y
Full Baths 2
Half Baths 1
Street Suffix Street
Laundry Features In Basement
Total Bedrooms 3
Below Grade Finished Area 1080
Main Level Bedrooms 1
Total Baths 3
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Exterior
Fencing Fence Full Rear
Parking Features Detached
Lot Features Sidewalks Street Lights Mature Trees
Water Source Municipal/City
Foundation Details Block
Building Area Total 3016
Lot Size Acres 0.16
Other Equipment Smoke Alarm
Horse Amenities None
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* Excluded Features
List By
Keller Williams Indy Metro Ne

Broker

whitneystrange@kw.com

Email

Affordability Calculator

$2,569
Per Month
92%
8%
0%
Monthly Principal & Interest
$2,368
Monthly Property Taxes
$201
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4572733 Elementary School
4048073 Middle School
Speedway Senior High School High School
Pricing History
DatePricePrice ChangeDescription
3/12/2024$339,000 -4.75% Price Down
2/22/2024$355,900 -5.09% Price Down
2/14/2024$375,000 Listed Price

Map


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5205 W 16th Street, Indianapolis, IN, 46224 is a Single Family Home for sale at $339,000 with 3,016 sqft and a lot size of 0.16. 5205 W 16th Street has 3 bedrooms, 2.1 baths, and was built in 1940. The property's zip code is 46224 which is in Indianapolis, IN