- 3 beds
- 1 bath
- 1,347 sqft
- 6,011 sqft lot
- $137 per sqft
- 1940 build
*** INVESTOR SPECIAL *** Located in the historic town of Speedway, Indiana, and Built in 1940, this home offers a chance to own a residence in a town with a unique history. It is within walking distance to the world-famous Indy 500 track, and the thriving redeveloped Main Street with all its restaurants and shops. The homes in this neighborhood have been built to last. This home needs a complete rehab, but it holds a unique charm waiting to be discovered. It is very rough but has good bones and a nice, mostly-fenced backyard! There are 2 Bedrooms on the Main floor and a Sunroom that is currently being used as a 3rd Bedroom. The 3/4 basement is perfect for storage and office space. This property is a blank canvas primed and ready for your personal touch, so make it yours! (SORRY NO VA or FHA financing-- It might be a good home for a rehab loan).
Last checked:
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Last updated Jun 17, 2025
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MLS# 22045419 —
The Building
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Year Built:1940
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New Construction:false
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Builder Name:Unknown
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Construction Materials:Aluminum Siding
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Architectural Style:Bungalow
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Foundation Details:Block
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Levels:One
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Basement:true
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Basement:Partial, Partially Finished, Storage Space
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Exterior Features:Barn Mini, Outdoor Fire Pit
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Patio And Porch Features:Covered Porch
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Accessibility Features:No
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Direction Faces:East
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Green Certification:No
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Building Area Total:1797
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Below Grade Finished Area:149
Interior
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Rooms:5
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Rooms Total:9
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Rooms Total:5
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Interior:Utility Room
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Interior Features:Hardwood Floors, Hi-Speed Internet Availbl
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Eating Area:Dining Combo/Living Room,Formal Dining Room
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Laundry Features:Laundry Room, In Basement
Room Dimensions
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SqFt:1198
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Main Level SqFt:1198
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Living Area:1347
Location
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Directions:**USE GPS** or Take Crawfordsville Road east of I-465 to Lynhurst. Go right on N. Lynhurst Dr. to home on the right *1768*
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Latitude:39.790509
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Longitude:-86.251104
The Property
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View:true
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Property Type:Residential
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Property Subtype:Single Family Residence
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Property Attached:false
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Parcel Number:490536112007000914
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Acres:<1/4 Acre
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Lot Features:Busline, City Lot, Curbs, Sidewalks, Storm Sewer, Street Lights, Mature Trees, Trees-Small (Under 20 Ft)
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Lot Size Acres:0.14
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Lot Size SqFt:6,011 Sqft
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Price Per Acre:1321429
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Property Condition:Fixer
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Additional Parcels:false
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View:false
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Waterfront:false
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Fencing:Partial
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Horse Amenities:None
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Fence:Yes
Listing Agent
- Contact info:
- Agent phone:
- (317) 313-3544
- Office phone:
- (317) 313-3544
Taxes
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Tax Lot:240
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Tax Year:2025
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Tax Exemptions:Homestead Tax Exemption,Other Tax Exemption/See Remarks
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Semi Annual Property Tax Amt:185
Beds
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Beds:3
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Bedrooms:3
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Bedrooms Total:3
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Main Level Bedrooms:3
Baths
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Baths:1
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Full Baths:1
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Full Baths:1
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Full Baths Main:1
The Listing
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Inspection Warranties:Not Applicable
Heating & Cooling
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Heating:Forced Air, Natural Gas
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Cooling:Window Unit(s)
Utilities
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Utilities:Cable Available, Sewer Connected
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Electric:100 Amp Service
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Water Source:Municipal/City
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Solid Waste:No
Appliances
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Appliances:Dryer, Gas Water Heater, MicroHood, Microwave, Electric Oven, Refrigerator, Washer
Schools
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Elementary School:Arthur C Newby Elementary School 2
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Middle Or Junior School:Speedway Junior High School
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High School:Speedway Senior High School
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High School District:School Town of Speedway
The Community
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Subdivision Name:Schloss Home Place
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Spa:false
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Pool Private:false
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Association:false
Parking
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Parking Features:Detached
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Garage:true
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Garage Spaces:1
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Garage & Parking:Garage Door Opener
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Garage SqFt:240
Monthly cost estimate

Asking price
$185,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$990
|
Taxes | $30 |
Insurance | $50 |
Utilities | $144 See report |
Total | $1,214/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/17/25
Jun 17, 2025
|
Listed / Active | MIBOR | $185,000 |