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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 4949 W 12th Street in Speedway City, ask any question about this home, or talk through what you should know about buying in Speedway.

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ABOUT THIS HOME

With race day fast approaching, now is the perfect time to discover this charming 2-bedroom, 1-bathroom bungalow nestled in the heart of Speedway! This delightful home offers an ideal location within walking distance to the iconic Indianapolis Motor Speedway, vibrant Main Street, and the scenic Speedway Trails. Picture yourself savoring warm evenings on the cozy covered front porch - the ultimate spot for legendary race day gatherings with friends and family. Step inside to find a wonderfully open floor plan where the living room flows seamlessly into the dining room and a spacious kitchen, creating the perfect atmosphere for entertaining year-round. Two generously sized bedrooms featuring ample closet space flank a beautifully remodeled bathroom that blends modern style with everyday functionality. Out back, you'll find a partially fenced yard complete with a lovely patio, ideal for grilling and relaxing. A detached two-car garage accessible from the alley provides both convenience and privacy, while the open basement offers abundant storage possibilities. Whether you're an avid racing enthusiast, a first-time buyer, or a savvy investor seeking prime Speedway real estate, this bungalow delivers charm, location, and lifestyle in one irresistible package. Schedule your showing today before this gem crosses the finish line!

Listed by Amy Spillman· Compass Indiana, LLC· MLS# 22086647
Recently SoldSold in 9 days

$249,500

2Beds
1Baths
886Sq Ft

With race day fast approaching, now is the perfect time to discover this charming 2-bedroom, 1-bathroom bungalow nestled in the heart of Speedway! This delightful home offers an ideal location within walking distance to the iconic Indianapolis Motor Speedway, vibrant Main Street, and the scenic Spee...

Listed by Amy Spillman· Compass Indiana, LLC· MLS# MBR22086647

886

Sq Ft

1921

Year Built

2

Bedrooms

1

Bathrooms

Key things to know

  • Sold 1.8% below list in 9 days
  • Basement
  • Speedway City subdivision

Sold

$245,000

-$4,500 below list (-1.8%)

Closed
Apr 13, 2026
Listed at
$249,500
Sold
1 month ago
Sold in
9 days

Price history

  1. Sold$245,000

    Apr 13, 2026

  2. Listedat $249,500

    Mar 9, 2026

Sold
4
Median price
$245,000
Median DOM
30 days

Comparative value

5 comps in this range

This home is 57% above median for similar nearby sales.

$93K$230KMedian $156K
$245K

FEATURES & AMENITIES

Interior

Attic AccessBreakfast BarPaddle FanHardwood FloorsEat-in KitchenWood Work Painted

Climate

Heat: Forced AirHeat: Natural GasCool: Central Air

THE FACTS

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

Price history

  • $249,500Listed· Mar 9, 2026

9 days on market

Layout

Main
215 rooms886 sq ft

Schools

School Town of Speedway

  • Middle

    Speedway Junior High School

  • High

    Speedway Senior High School

Neighborhood

  • Downtown Indianapolis4.6 mi
  • Zionsville Community HS12.4 mi
  • Carmel Central Park13.3 mi
  • Monon Trail (Carmel)13.8 mi
  • Carmel High School14.4 mi
  • Carmel Arts & Design District15.0 mi

PROPERTY DETAILS

Living Area

886 sq ft

Year Built

1921

Stories

One

Subdivision

Speedway City

Bedrooms

2

Bathrooms

1 full

Garage

2 spaces

School District

School Town of Speedway

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