2027 Gerrard Avenue

Speedway IN 46224

1596 sq. ft.

6578 sq. ft.

Single-Family

Last sold for $240,000

Justin Capps, last sold this property on 31 August 2026 after 58 days on market.

Overview

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.

Features

3 bedrooms

1 bathroom

1596 sq. ft. floor area

6578 sq. ft. lot size

Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Speedway over the last 12 months, the estimated median property value of 2027 Gerrard Avenue is $220k.

Median value

$220k

Estimated value range

$60k - $400k

Median days on market

Estimated value trend

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Speedway. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2027 Gerrard Avenue

2026

Sold

$240,000

31 Aug 2026 by Justin Capps, of Ferris Property Group

2021

Sold

$126,000

07 Oct 2021 by Patrick Ploughe, of Keller Williams Indy Metro W

Happy sellers in Speedway

We have insufficient information to provide an overview of customer satisfaction for Speedway. Viewing the agent profiles, reviews and sales for Speedway can provide insights for this location.