Sold573d on market
2005 Gerrard Ave
Indianapolis, IN, 46224 • 46224 • Marion County
$210,000
$156/sqft
2Beds
1Baths
1,344Sqft
0.15 acLot
1943Built
Property DNA
Bungalow,Traditional Style
Built 1943 · 83 years of history
Everett M Schofield
46224
Outdoor Living
Covered · Patio
2-Car Garage
Detached
This home is in high demand
Listed 573 days ago · 5 views · Top 7% likely to sell soon
Market activity
Demand and pricing signals for this listing
5 views
People checking out this listing
573 days on market
Established listing
$156/sqft
Price per square foot
Selling Soon Prediction
Very HighThis home ranks in the top 7% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Single Family · Built 1943
You'll feel right at home in this cute little bungalow in Speedway, less than 1 mile from the Indianapolis Motor Speedway and less than 15 minutes from the airport! Entire interior has been freshly painted. New flooring throughout the home, updated lighting, kitchen butcher block counters, kitchen faucet and hardware as well as a completely remodeled bathroom. Step onto the covered front porch or choose from one of the 2 large patios on the side and back of the home to relax. Don't forget to check out the oversized 2-car garage with extra storage shelves and work benches! Off street parking in front or in garage off back alley. Kitchen appliances included. There is extra storage space as well as the laundry hookups in the newly painted basement.
Standout features identified
Our analysis highlights newly painted basement, covered front porch, and laundry hookups as key attractions of this home.
Estimated monthly payment
Based on current rates
$1,384/month
Principal & Interest$1,104
Property Tax$210
Insurance$70
Down payment20% ($42,000)
3%50%
Est. 6.88% rate · 30yr fixed · $168,000 loan
Full calculator →At a glance
Key facts and listing details
TypeResidential, Single Family Residence
Year Built1943
HeatingForced Air
Parking2 Garage spaces
Lot6,534 sqft
Property
Home typeSingle Family
Sub-typeResidential, Single Family Residence
StyleBungalow,Traditional
ConditionUpdated/Remodeled
Year built1943
Stories1
Systems
HeatingForced Air
ConstructionAluminum Siding
Water / SewerMunicipal/City
Parking & Outdoor
ParkingDetached
Garage2 spaces
BasementDaylight,Partial
FencingFenced,Fence Full Rear
Lot6,534 sqft
Location & Tax
Neighborhood46224
Annual tax$1,448
Parcel490631120025000914
Bathrooms & Fees
Full baths1
Features & details
10 categories of property features
Interior Features
Interior
Ceiling Fan(s)
Smart Thermostat
Appliances
Disposal
Gas Water Heater
Laundry Connection in Unit
MicroHood
Electric Oven
Refrigerator
Heating
Forced Air
Laundry
In Basement
Laundry Connection in Unit
Windows
Screens Some
Windows Vinyl
Exterior Features
Parking
Detached
Construction
Aluminum Siding
Patio & Porch
Covered
Patio
Lot Features
Mature Trees
Utilities
Electricity Connected
Sewer Connected
Water Connected
Room details
6 rooms detailed
Master Bedroom
Main11×10 ft110 sqft
Carpet
Bedroom2
Main11×11 ft121 sqft
Carpet
Dining Room
Main8×8 ft64 sqft
Vinyl
Kitchen
Main9×8 ft72 sqft
Vinyl
Laundry
Basement11×9 ft99 sqft
Other
Living Room
Main15×12 ft180 sqft
Vinyl
Listing insights
Market data and value estimates
StatusSold
Days on market573
Est. value$220,100
Est. rent$1,279/mo
Tax rate0.96%
Price/sqft$156
On marketJul 11, 2024
PostedJul 11, 2024
Last sold$210,000
MLS statusSold
MLS updatedSep 17, 2024
Tour days6
Views5
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46224
Price history
3 events
DateEventPrice$/sqftSource
Sep 11, 2024Sold$210,000$156MIBOR as distributed by MLS GRID
Aug 12, 2024Pending Sale$217,000$161MIBOR as distributed by MLS GRID
Jul 11, 2024Listed For Sale$217,000$161MIBOR as distributed by MLS GRID
Sold$210,000
Sep 11, 2024•$156/sqft•MIBOR as distributed by MLS GRID
Pending Sale$217,000
Aug 12, 2024•$161/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$217,000
Jul 11, 2024•$161/sqft•MIBOR as distributed by MLS GRID
Tax history
16 years of records
YearTax paidAssessed value
Apr 8, 2024$1,496$128,700
Apr 8, 2023$1,448$135,900
Apr 8, 2022$929$128,300
Apr 8, 2021$756$97,100
Apr 8, 2020$638$87,800
Apr 8, 2019$562$84,100
Apr 8, 2018$475$79,300
Apr 8, 2017$707$75,800
Apr 8, 2016$680$87,800
Apr 8, 2014$737$89,600
Apr 8, 2013$700$88,200
Apr 8, 2012$700$87,800
Apr 8, 2011—$79,200
Apr 8, 2010$549$84,100
Apr 8, 2009$425$84,100
Apr 8, 2007—$89,200
Nearby homes
Neighborhood details
Local context around this listing
Indianapolis, IN • Marion County
Nearby cities
Beech GroveCumberlandIndianapolisLawrenceSouthportSpeedway
Nearby zip codes
4622246224
Similar homes
Based on information submitted to the MLS GRID as of 2026-04-08 10:47:58 PDT. 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. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
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