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$249,000
26 Days On Site

2027 Gerrard Avenue
Speedway, IN 46224

Single Family Residence|Pending
3
Beds
1
Total Bath
1
Full Bath
1,197
SqFt
$208
/SqFt
1948
Built
Subdivision:
Schofield Etal Speedway
County:
Marion
Listing courtesy of Ferris Property Group (317) 694-8679

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2027 Gerrard Avenue2027 Gerrard Avenue2027 Gerrard Avenue2027 Gerrard Avenue
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Great opportunity in the heart of Speedway, just blocks from the Indianapolis Motor Speedway. This updated 3 bedroom home has the Speedway charm buyers love, but with a cleaner, more modern feel than many homes in the area. The home was rehabbed about 5 years ago and includes several major newer updates, including electrical, A/C, water heater, windows, cabinets, granite countertops, stainless steel appliances, and vinyl plank flooring throughout. These updates give the home a move-in-ready feel while still keeping the character buyers look for in Speedway. The kitchen has a sharp, updated look with nice cabinet space, granite countertops, stainless steel appliances, and modern finishes. The layout is a big plus for this style of home, offering 3 bedrooms and additional finished space in the basement. The third bedroom includes an egress window, giving the home more flexibility for guests, an office, or extra living space. Outside, the curb appeal stands out right away with a fenced front yard, nice flowerbeds, a mature tree, and a more modern exterior look. The backyard offers two decks, plenty of room to enjoy, and space for a future garage if desired. The back of the lot has also been used for Indy 500 parking while leaving more yard space day to day. A great fit for someone wanting Speedway Schools, close proximity to IMS, and an updated home with character, yard space, and modern finishes.

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Listing Snapshot
Price 
$249,000
Days On Site 
26 Days
Bedrooms 
3
Inside Area (SqFt) 
1,197 sqft
Total Baths 
1
Full Baths 
1
Partial Baths 
N/A
Lot Size 
0.15 Acres
Year Built 
1948
MLS® Number 
22111877
Status 
Pending
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
yesterdayStatus changed to Pending
yesterdayListing updated with changes from the MLS®
2 weeks agoPrice changed to $249,000
4 weeks agoListing first seen on site
General Features
Acres 
0.15
Direction Faces 
West
Foundation 
Block
Levels 
One
Parking 
Alley AccessGravel
Property Condition 
Updated/Remodeled
Property Sub Type 
Single Family Residence
SqFt Below 
399
SqFt Total 
1596
Style 
BungalowRanch
Utilities 
Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
Water Source 
Public
Interior Features
Appliances 
DishwasherDryerDisposalGas Water HeaterElectric OvenRefrigeratorWasher
Basement 
Full
Cooling 
Central Air
Heating 
Forced AirNatural Gas
Laundry Features 
In Basement
Main Level Bedrooms 
2
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Exterior Features
Construction Details 
Cement Siding
Fencing 
Chain Link
Other Structures 
Barn(s)
Patio And Porch 
DeckPatio
Community Features
Horse Property 
None
MLS Area 
4909 - Marion - Wayne
School District 
School Town of Speedway
Township 
Wayne
Schools
School District
School Town of Speedway
Elementary School
James A Allison Elementary Sch 3
Middle School
Speedway Junior High School
High School
Speedway Senior High School
Listing courtesy of Ferris Property Group (317) 694-8679



Listings courtesy of Metropolitan Indianapolis Board of REALTORS® as distributed by MLS GRID. All information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All information is believed to be reliable but is not guaranteed and should be independently verified.

Based on information submitted to the MLS GRID as of 2026-07-30 03:45 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Copyright © 2026 Metropolitan Indianapolis Board of REALTORS®. All rights reserved.

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