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Nestled in the highly desired & well-established Falenders Meadowood neighborhood in Speedway, this property offers a fantastic opportunity for homeowners or investors alike! With plenty of potential, this house is a true blank slate ready for your vision of a new home or investment property. Check out this 2-bedroom, 1.5 bath Brick Ranch with a circular floor plan. It features a large Family Room, Eat-in Kitchen & a Den/Office space. The main hall bath has some updates. The windows are Bee Windows. All the appliances stay. The large fenced-in backyard is a quiet retreat with a covered patio. Also included is a large storage barn, perfect for yard equipment, toys/bikes, etc. HVAC is newer & had regular maintenance with Bolls Heating & Air. Water Heater is newer, too. Minutes to downtown Speedway, Shopping, Restaurants, and I-465 & I-74. Instant equity with your customizations!
Property Type(s):
Single Family
| Last Updated | 8/25/2026 | Tract | Falenders Meadowood |
|---|---|---|---|
| Year Built | 1961 | Community | 4909 - Marion - Wayne |
| Garage Spaces | 2.0 | County | Marion |
SCHOOLS
| Elementary School | Frank H Wheeler Elementary Sch 4 |
|---|---|
| Jr. High School | Speedway Junior High School |
| High School | Speedway Senior High School |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dryer, Electric Oven, Exhaust Fan, Gas Water Heater, Refrigerator, Washer |
| AREA | 4909 - Marion - Wayne |
| BARN/EQUESTRIAN | Yes |
| CONSTRUCTION | Brick |
| GARAGE | Yes |
| HEAT | Forced Air |
| INTERIOR | Built-in Features, Eat-in Kitchen |
| LOT | 10454 sq ft |
| PARKING | Attached |
| STORIES | 1 |
| STYLE | Ranch |
| SUBDIVISION | Falenders Meadowood |
| UTILITIES | Electricity Connected, Natural Gas Connected |
| WATER | Public |
Location
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Listed with Carpenter, REALTORS®
Listing information is deemed reliable, but not guaranteed.
© 2026 Metropolitan Indianapolis Board of REALTORS®
© 2026 Metropolitan Indianapolis Board of REALTORS®
This IDX solution is (c) Diverse Solutions 2026.
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