5508 W 16th Street, Indianapolis, IN 46224

Local realty services provided by:CENTURY 21 Scheetz
5508 W 16th Street,Indianapolis, IN 46224
$199,999
  • 2 Beds
  • 1 Baths
  • 996 sq. ft.
  • Single family
  • Pending
Listed by: devin brennan
Office: ferris property group
MLS#:22133253
Source:IN_MIBOR | Licensed in Indiana

Price summary

  • Price:$199,999
  • Price per sq. ft.:$133.87

About this home

Welcome to 5508 W 16th St, a 1943 charmer sitting right in the heart of Speedway. Get ready to fall in love with 996 square feet of main-floor living space. This home features a cozy two-bedroom, one-bathroom setup, including a good size living room that is practically begging for a movie night. Need a quiet space to unwind? The 9 x 14 primary bedroom has you covered. Plus, the basement and utility areas offer unbelievable extra storage for all your hidden treasures. Car enthusiasts, rev your engines! You will absolutely swoon over the gigantic 768-square-foot, three-car detached garage. It all sits on a low-maintenance 0.16-acre lot, meaning less time mowing and way more time having fun. Minutes from the interstate, shopping, entertainment and the Indianapolis Motor Speedway! Don't miss out on this wonderful opportunity or the chance to hear Indy cars from your living room durning May!

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an independent agent affiliated with the CENTURY 21®  brand to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an independent agent affiliated with the CENTURY 21®  brand is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ).
 I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1943
  • Subdivision & Development:Schloss Home Place
  • Listing ID #:22133253
  • Added:5 day(s) ago
  • Updated:November 04, 2026 at 09:45 AM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Dining Description:Dining-L
  • Kitchen Description:Gas Oven, Microwave, Refrigerator
  • Basement:Yes
  • Basement Description:Basement, Egress Window(s), Storage Space, Unfinished
  • Living area:996 sq. ft.

Heating and cooling

  • Cooling:Central Electric
  • Central air:Yes

Structure and exterior

  • Year built:1943
  • Building area:996 sq. ft.
  • Lot area:0.16 Acres
  • Lot Features:Curbs, Street Lights
  • Architectural Style:Ranch
  • Construction Materials:Vinyl Siding
  • Foundation Description:Block

Schools

  • High school:Speedway Senior High School
  • Middle school:Speedway Junior High School
  • Elementary school:Arthur C Newby Elementary School 2

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$199,999
  • Price per sq. ft.:$133.87

Features and amenities

  • Appliances:Microwave, Refrigerator, Water Heater
  • Amenities:Attic Access

Parking

  • Parking description:Garage Door Opener, Service Door
  • Garage:Yes
  • Garage spaces:3
Copyright 2026 Metropolitan Indianapolis Board of Realtors. All rights reserved. Listings courtesy of Metropolitan Indianapolis Board of Realtors as distributed by MLS GRID. Metropolitan Indianapolis Board of Realtors provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. Metropolitan Indianapolis Board of Realtors will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of Metropolitan Indianapolis Board of Realtors.