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Sheldon Barnes can help you tour 2054 Gerrard Avenue

Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Speedway, Indiana and the rest of Hamilton County. Book a private tour of 2054 Gerrard Avenue in Everett M Schofield, ask any question about this home, or talk through what you should know about buying in Speedway.

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ABOUT THIS HOME

Welcome Race Fans! Just in time for the Greatest Spectacle in Racing, this charming 1948 bungalow sits just blocks from the Indianapolis Motor Speedway and puts you right in the heart of all the action! Whether you're looking for your first home, a weekend getaway, or a smart investment opportunity, this Speedway gem delivers both excitement and everyday comfort. Step inside to find beautiful hardwood floors and a warm, inviting layout packed with character. The updated eat-in kitchen blends vintage charm with modern touches, featuring quartz countertops, stainless steel appliances, painted cabinetry, and a tile backsplash-perfect for morning coffee or hosting friends before race day festivities. This 2-bedroom, 1-bath home offers approximately 750 square feet on the main level, plus an additional 750 square feet in the basement-ready to be transformed into your dream rec space, game room, or ultimate race day hangout. Already a great spot for a man cave or big-screen viewing area, the possibilities are endless. Out back, you'll find an entertainer's dream: a large, fully fenced, shaded yard complete with a fire pit and a one-of-a-kind flat stump table-ideal for relaxing evenings, gatherings, and making memories year-round. Convenient rear access leads directly into the kitchen or down to the basement. Car enthusiasts and hobbyists will love the detached 2-car garage, offering ample space for storage, projects, or your prized vintage vehicles. Major mechanicals provide peace of mind with a newer A/C (3 years), water heater (4 years), furnace (11 years), and roof (10 years). Located just minutes from shopping, dining, coffee shops, local favorites like the AJ Foyt Wine Vault, indoor karting, major highways, and a quick straight shot to downtown Indianapolis-this location truly can't be beat! Don't miss your chance to own a piece of Speedway living-schedule your showing today and get ready to experience the thrill of race season right from your doorstep!

Listed by Tyler Lingle· @properties· MLS# 22091646
Recently SoldSold in 5 days

$229,000

2Beds
1Baths
1,500Sq Ft

Welcome Race Fans! Just in time for the Greatest Spectacle in Racing, this charming 1948 bungalow sits just blocks from the Indianapolis Motor Speedway and puts you right in the heart of all the action! Whether you're looking for your first home, a weekend getaway, or a smart investment opportunity...

Listed by Tyler Lingle· @properties· MLS# MBR22091646

1,500

Sq Ft

1948

Year Built

2

Bedrooms

1

Bathrooms

Key things to know

  • Sold at list price in 5 days
  • Finished basement (750 sqft)
  • Everett M Schofield subdivision

Sold

$229,000

Closed
May 6, 2026
Sold
1 week ago
Sold in
5 days

Price history

  1. Sold$229,000

    May 6, 2026

  2. Listedat $229,000

    Apr 2, 2026

Sold
4
Median price
$224,999
Median DOM
45 days

Comparative value

5 comps in this range

This home is 8.4% below median for similar nearby sales.

$195K$265KMedian $250K
$229K

FEATURES & AMENITIES

Interior

Paddle FanHardwood FloorsEat-in KitchenWired for DataPantryWoodWorkStain/Painted

Exterior

Fire Pit

Climate

Heat: Forced AirHeat: ElectricHeat: Natural GasCool: Central Air

THE FACTS

Pricing trajectory, room-by-room layout, schools, and what's nearby.

Price history

  • $229,000Listed· Apr 2, 2026

5 days on market

Layout

Main
214 rooms750 sq ft
Basement
2 rooms750 sq ft finished

Primary bath

Tub Full with Shower

Schools

School Town of Speedway

  • Middle

    Speedway Junior High School

  • High

    Speedway Senior High School

Neighborhood

  • Downtown Indianapolis5.2 mi
  • Zionsville Community HS11.6 mi
  • Carmel Central Park12.7 mi
  • Monon Trail (Carmel)13.3 mi
  • Carmel High School13.9 mi
  • Carmel Arts & Design District14.5 mi

PROPERTY DETAILS

Living Area

1,500 sq ft

Year Built

1948

Stories

One

Subdivision

Everett M Schofield

Bedrooms

2

Bathrooms

1 full

Garage

2 spaces

School District

School Town of Speedway

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