Introduction
About Speedway, Indiana

In the spring of 1909, four Indianapolis businessmen invested in the construction of a 2½ mile oval on 328 acres of land on the northwest side of town.  The Indianapolis Motor Speedway has since been home to some of the finest auto racing in the world. Seventeen years later, the town of Speedway was officially established.  Although the town of Speedway is completely surrounded by Indianapolis, it has its own town hall, police & fire departments, public library, and school system.  The Speedway school system consists of four elementary schools, one junior high school and Speedway High School, home of the Speedway Sparkplugs.  Speedway’s two spacious public parks and ten churches help maintain a small town atmosphere in the midst of a bustling metropolis. 

Every year hundreds of thousands of people travel to Speedway for the Indianapolis 500, the Allstate 400 at the Brickyard, and the Formula One US Grand Prix.  Despite its major tourist draw, Speedway is still a close-knit community, with approximately 15,000 residents.   

Nestled in the heart of one of America’s finest cities, we invite you to consider calling the Racing Capital of the World home!

 


Contributed by:
Carpenter Realtors

  
  Community Information

Population

Total Population 12,265
Population Density 2,579 Persons/Sq. Mile
Female Population 6,446
Male Population 5,820
Median Age 36.82 Years
Percentage Population Change since 1990 56%
Percentage Population Change Since 2000 0%

Colleges

Nearest 2-Year Public College AMER TRANS AIR AVIATION ACAD
Distance to AMER TRANS AIR AVIATION ACAD 3 Miles
Nearest 4-Year Public College MARIAN COLLEGE
Distance to MARIAN COLLEGE 3 Miles

Households and Income

Total Number of Households 5,944
Family Households 3,024
Average Family Size 2.94
Average Household Income $46,294
Median Household Income $46,752
Percentage Income Change Since 1990 56%
Percentage Income Change Since 2000 0%

Crime Rates Compared to National Average

The National Average is designated 1.0 - A value of 2.0 represents twice as much risk while a value of 0.5 represents half as much risk.
Total Crime Risk 2.13
Total Crime Risk (County) 2.09
Personal Crime Risk (County) 1.84
Murder Risk (County) 2.29
Rape Risk (County) 2.10
Robbery Risk 2.29
Assault Risk (County) 1.55
Property Risk (County) 1.97
Burglary Risk (County) 1.87
Larceny Risk (County) 1.59
Motor Vehicle Theft Risk (County) 2.04

Environment

Average July High Temperature 85.6° F
Average January Low Temperature 18.5° F
Annual Precipitation 40.95 inches
Air Pollution Index 108% of National Average

Miscellaneous

Sales Tax Rate 6%
Nearest Airport INDIANAPOLIS INTL
Distance to INDIANAPOLIS INTL 4 Miles
Nearest Major Sports Team INDIANAPOLIS INDIANS (AAA)
Distance to INDIANAPOLIS INDIANS (AAA) 5 Miles

  
  School Information
Currently Displaying a limited number of schools. Click below to view the entire list.

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School NameGradesAddress
SPEEDWAY JUNIOR HIGH SCHOOL7 - 95151 W 14TH ST, SPEEDWAY, IN 46224
SPEEDWAY HIGH SCHOOL9 - 125357 W 25TH ST, SPEEDWAY, IN 46224
ARTHUR C NEWBY ELEMENTARY SCHOOL 2K - 61849 N WHITCOMB AVE, SPEEDWAY, IN 46224
JAMES A ALLISON ELEMENTARY SCHOOL 3K - 65240 W 22ND ST, SPEEDWAY, IN 46224
FRANK H WHEELER ELEMENTARY SCHOOL 4K - 65700 MEADOWOOD DR, SPEEDWAY, IN 46224
CARL G FISHER ELEMENTARY SCHOOL 1K - 65151 W 14TH ST, SPEEDWAY, IN 46224
 
  Neighborhood Establishments

Currently Displaying a limited number of establishments. Click below to view the entire list.

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Type of BusinessNameAddress
BANKSCHASE5253 W 16TH ST SPEEDWAY, IN 46224
CHURCHESSPEEDWAY CHURCH OF-NAZARENE5020 CRAWFORDSVILLE RD SPEEDWAY, IN 46224



  Recent Home Sale Data ( click to expand )
 

Previous quarter's home sale average by Zip Code. Click zip code to view homes for sale.
 Total SoldMedian PriceAverage Price
46224416$99,684$104,604
Displaying 1-10 of 16 in $5-200k range
READY TO MOVE IN. THIS SPEEDWAY HOME HAS HAD A BIG FACE LIFT. NEW ROOF, WINDOWS, KITCHEN, BATHROOM, PLUMBING, HOT WATER HEATER, CARPET AND MUCH MORE. THE CHARM OF THE OLD STAINED WOODWORK SETS THIS HOME APART. ENJOY THE GLASS ENCLOSED PORCH, HUGE DECK, NICE SHADY YARD OR WORKING IN THE 24X30 2 STORY GARAGE. ENJOY THIS LOVELY LANDSCAPED UPDATED HOME.
 2021 North Lynhurst Drive
 Speedway, IN 46224
 3 bedrooms view property details > 
 1 bathrooms, 2 half bathrooms
$159,900

This sure to be "Home Sweet Home" starts with a dramatic entry! The Kit is a family gathering spot with lots of counter space and cabinets. Formal Dining or Brkfast Nook or use one of the areas for office! The well planned upstairs design made it easy to have 4 lg BRs! New windows in 04 new carpet in most rooms. The FR has a frplc between built in bookcases. Speedway has a unique town atmosphere! Perfect size backyard borders a church property. Possession at closing!
 5536 West 29th Street
 Speedway, IN 46224
 4 bedrooms view property details > 
 2 bathrooms, 1 half bathrooms
$154,900

Great opportunity to be in a historic Speedway neighborhood!! Homes on this street were originally developed for executives of General Motors. Also, the Speedway redevelopment project slated to begin soon will be with walking distance from your front door. Fantastic condition and decor! Nothing remains to be done here except move your furniture in!! gleaming hardwood floors, high ceilings, plus a newer roof, windows and furnace. Brand new 2 car detached garage. EZ to show.
 4945 West 15TH Street
 SPEEDWAY, IN 46224
 3 bedrooms view property details > 
 2 bathrooms
$148,900

Sharp 4 bedroom brick home in attractive neighborhood, near Meadowood Park, located on quiet court with little or no traffic, large lot, mature trees.  Updates include roof (2007), kitchen (2008), furnace (2003) and more.  Custom blinds throughout...large storage barn plus rear deck for summer cookouts.  Quality home with 6-panel doors, crown molding, wood windows and more.  Lots of sotrage and closet space...don't let this one get away! (All appliances stay.)
 2719 Hickorywood Court
 Speedway, IN 46224
 4 bedrooms view property details > 
 2 bathrooms
$145,000

LOOKING FOR LOW R.E. TAXES & INCOME PRODUCING?THIS IS IT!Repeat parkers,Some from out-of-state create a possible 3,000+ yearly income to apply toward your Monthly payment or R.E. taxes.Updated w/new vinyl windows,glass storm doors,hardwood floors,updated baths w/ceramic floors & new med. cabs & vanities.Updated kitchen & breezeway w/ceramic floors,workshop in full basement w/newly painted walls & floor.Fenced rear yard.New shutters on all brick exterior.Vinyl soffitts,2 car newly painted garage.
 2437 North Allison Avenue
 Speedway, IN 46224
 3 bedrooms view property details > 
 1 bathrooms, 1 half bathrooms
$139,900

Meticulously maintained home in Falenders Meadowood. Three bedroom tri-level has been beautifully cared for. New roof and C/A in 2006, furnace in 2007. Plenty of cabinet space in updated kitchen with new vinyl flooring. Hard to find 16x20 workshop with heat and electric is perfect for woodworking, hobbies or use as a separate "party" or game room or additional storage. Large concrete patio also lends itself as a basketball court, as wel l as outdoor intertaining.
 6127 Meadowood Drive
 Speedway, IN 46224
 3 bedrooms view property details > 
 1 bathrooms, 1 half bathrooms
$137,500

Beautifully updated home situated on a double lot in Speedway. Gorgeous hardwood floors throughout home. Knotty Pine wood in the back bedrooms. Brand new vinyl siding, windows, gutters, storm doors, roof. Kitchen totally new with granite countertops, sink and cabinets. Sun room w/fireplace connect to patio w/built-in gas grill. Huge rec room in basement. Tons of space in floored attic for additional sq ft. Updated bathrooms. Low taxes and motivated seller. Home Warranty included.
 2023 Gerrard Avenue
 Speedway, IN 46224
 3 bedrooms view property details > 
 1 bathrooms, 1 half bathrooms
$127,424

WOW!!! WHAT A FIND!!! When they say MOVE-IN CONDITION, this is the one. Classic Speedway brick ranch beautifully maintained and updated. Hardwood floors, new vinyl, fresh paint. Updated kitchen with major appliances. Full basement offers unlimited possibilities for hobbies or storage. Close to Speedway High School, Library and Meadowood Park. NOT TO BE MISSED!!!
 5520 West 25TH Street
 SPEEDWAY, IN 46224
 3 bedrooms view property details > 
 1 bathrooms, 1 half bathrooms
$119,900

SPEEDWAY CHARMER ADORABLE 2 BR COMPLETLY UPDATED KITCHEN & ALL APPLIANCES STAY. GREAT BACK YARD WITH STONE PATIO & SCREENED IN PORCH GREAT FOR RELAXING. GREAT BSMT HAS BONUS AREA & LARGE LAUNDRY AREA. 1 CAR DETACHED GARAGE WITH CARPORT. WON'T BE AVAILABLE LONG SEE TODAY. Utility avgs; water $35, elect $65, gas $33.
 1802 Norfolk Street
 Speedway, IN 46224
 2 bedrooms view property details > 
 1 bathrooms
$112,500

Super cute 3BR all brick ranch with partially finished basement in desirable Speedway. Home features hardwood floors throughout and ceramic tile in Kitchen and bathroom.Partially finished basement has an extra living area, custom bar and workshop. Large private backyard has mature trees and full privacy fence. This home is a must see!
 5961 Cadillac
 Speedway, IN 46224
 3 bedrooms view property details > 
 1 bathrooms
$110,000
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Carpenter Realtors Carpenter Realtors company profile
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company website provides: IDX, Photos/Virtual Tours
areas selected: Speedway
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F. C. Tucker Co. F. C. Tucker Co. company profile
20 offices | 860 associates | areas served
company website provides: IDX, Photos/Virtual Tours
areas selected: Speedway
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