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5803 Schoolwood Drive

Speedway, IN 46224

Name: Open House: 1pm-3pm
Start: 2025-06-28T13:00:00
End: 2025-06-28T15:00:00
Location: 5803 Schoolwood Drive

3 beds
2 baths
1,740 sqft
8,233 sqft lot
$189 per sqft
1958 build

This beautiful home featuring 3 main level bedrooms and 1.5 baths is ideally situated on a desirable corner lot right next to historic Meadowood Park. Enjoy modern updates throughout, including stunning quartz countertops in the kitchen, offering both style and durability. This home offers plenty of natural light, a functional flowing floor plan, and gorgeous hardwood floors. The partially finished basement offers additional living space; ideal for home office, rec room, or guest area. There is also a laundry area plus an additional space for a workshop or however you want to make it yours! Enjoy outdoor living with a large deck, privacy fence, storage shed, and a private hot tub- perfect for entertaining. All of this and more in the welcoming and sought-after town of Speedway- move in ready and full of potential! Schedule your showing today!

Listing courtesy of MIBOR / Key Exchange Real Estate

Last checked: Checking… • Last updated Jun 26, 2025 •

MLS# 22047242 —

Upcoming Open Houses

Saturday, 6/28
1pm-3pm

The Building

Year Built:

1958
New Construction:

false
Construction Materials:

Brick
Architectural Style:

Ranch
Foundation Details:

Concrete Perimeter
Levels:

One
Basement:

true
Exterior Features:

Storage Shed
Patio And Porch Features:

Deck Main Level
Accessibility Features:

No
Green Certification:

No
Building Area Total:

2320
Below Grade Finished Area:

580

Interior

Rooms:

5
Rooms Total:

7
Rooms Total:

5
Interior Features:

Hardwood Floors, Eat-in Kitchen
Eating Area:

Dining Combo/Kitchen
Laundry Features:

Laundry Room, In Basement

Room Dimensions

SqFt:

1160
Main Level SqFt:

1160
Living Area:

1740

Location

Directions:

GPS Friendly
Latitude:

39.80373
Longitude:

-86.261754

The Property

View:

true
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Attached:

false
Parcel Number:

490525116030000914
Acres:

<1/4 Acre
Lot Size Acres:

0.19
Lot Size SqFt:

8,233 Sqft
Price Per Acre:

1731579
View:

Park/Greenbelt, Trees/Woods
View:

true
Fencing:

Privacy
Horse Amenities:

None
Fence:

Yes

Listing Agent

Contact info:

Taxes

Tax Lot:

490525116030000914
Tax Year:

2024
Semi Annual Property Tax Amt:

2379

Beds

Beds:

3
Bedrooms:

3
Bedrooms Total:

3
Main Level Bedrooms:

3

Baths

Baths:

2
Full Baths:

1
Full Baths:

1
Half Baths:

1
Half Baths:

1
Full Baths Main:

1
Half Baths Main:

1

Heating & Cooling

Heating:

Forced Air, Natural Gas

Utilities

Water Source:

Municipal/City
Solid Waste:

No

Appliances

Appliances:

Dishwasher, Dryer, Microwave, Refrigerator, Washer, Water Heater

Schools

Elementary School:

Frank H Wheeler Elementary Sch 4
Middle Or Junior School:

Speedway Junior High School
High School:

Speedway Senior High School
High School District:

School Town of Speedway

The Community

Subdivision Name:

Falenders Meadowood
Spa:

true
Spa Features:

Above Ground
Association:

false

Parking

Parking Features:

Attached
Garage:

true
Garage Spaces:

2
Garage SqFt:

432

Monthly cost estimate

Asking price

$329,000

Expense	Monthly cost
Mortgage	$1,761
Taxes	$396
Insurance	$90
Utilities	$134 See report
Total	$2,381/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
6/25/25 Jun 25, 2025	Listed / Active	MIBOR	$329,000
5/25/01 May 25, 2001	Sold	MIBOR

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This house located in West Side, Speedway, IN 46224 is currently for sale for $329,000. 5803 Schoolwood Drive is a 1,740 square foot house with 3 beds and 2 baths. 5803 Schoolwood Drive is in the West Side neighborhood of Speedway and has a WalkScore® of 66, making it somewhat walkable. This house is in the attendance area of Speedway Junior High School and Speedway Senior High School.

Listing Courtesy of: MIBOR and Key Exchange Real Estate.

IDX information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID. 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.

Data is deemed reliable but is not guaranteed accurate by the Broker Listing Cooperative® listing service

5803 Schoolwood Drive

Speedway, IN 46224