1 of 35

Want to see this home?

1231 Nester Street

Speedway, IN 46224

3 beds
2 baths
1,588 sqft
6,403 sqft lot
$198 per sqft
1948 build

Here's an opportunity!! | This story and a half home offers great potential for a first-time buyer or an investor looking to own in the desirable Speedway community. It features three full bedrooms, two full bathrooms, original hardwood floors and updated windows and doors. The full, DRY, unfinished basement, with washer and dryer hook-up, ingress/egress window well, offers a blank slate ready to become your family room, playroom, home office, or workout room. Access the 22' x 24' detached 2-car garage from the rear alley. The garage features pull-down stairs that lead to a spacious storage loft with windows. Exit the garage by a service door through a fully fenced back yard that goes past a pergola sitting area on a sidewalk that leads to the side entrance of the house. Home is located in a quaint, quiet, comfortable neighborhood on a limited access street. The front yard landscaping paints the picture of a "very, very, very fine house". Talk about location... Fisher Elementary School is less than two blooks walking distance, the B&O Trail is just steps away and Main Street Speedway is nearby with its many activities. Access to restaurants, shopping, downtown Indianapolis, and the airport is extremely convenient. Whether you're looking to make it your own or invest in a growing area, this property is a must-see. Don't miss your chance to own in one of Speedway's most sought-after locations!

Listing courtesy of MIBOR / Homes & Homesites

Last checked: Checking… • Last updated Apr 29, 2025 •

MLS# 22034777 —

The Building

Year Built:

1948
New Construction:

false
Construction Materials:

Aluminum Siding
Architectural Style:

Bungalow
Levels:

One and One Half
Basement:

true
Basement:

Egress Window(s), Full, Storage Space, Unfinished
Foundation Details:

Block, Full, See Remarks, Other
Patio And Porch Features:

Covered Porch
Exterior Features:

Other
Accessibility Features:

No
Direction Faces:

West
Green Certification:

No
Upper SqFt:

820
Building Area Total:

2356

Interior

Rooms:

7
Rooms Total:

8
Rooms Total:

7
Interior:

Laundry in Unit,Other
Interior Features:

Hardwood Floors, Walk-in Closet(s), Windows Vinyl, Wood Work Painted
Kitchen Features:

Kitchen Some Updates
Other Equipment:

Smoke Alarm, Sump Pump
Eating Area:

Dining Combo/Kitchen
Laundry Features:

Connections All, In Basement

Room Dimensions

SqFt:

1588
Main Level SqFt:

768
Living Area:

1588

Location

Directions:

GPS Friendly
Latitude:

39.783525
Longitude:

-86.247227

The Property

View:

true
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Attached:

false
Parcel Number:

490631123096000914
Acres:

<1/4 Acre
Lot Features:

Curbs, On Trail, Sidewalks, Mature Trees, Trees-Small (Under 20 Ft), See Remarks
Lot Size Acres:

0.15
Lot Size SqFt:

6,403 Sqft
Price Per Acre:

2100000
Property Condition:

Updated/Remodeled
Additional Parcels:

false
View:

false
Waterfront:

false
Fencing:

Chain Link, Fence Complete, Fence Full Rear, Gate
Horse Amenities:

None
Fence:

Yes

Listing Agent

Contact info:

Taxes

Tax Lot:

430
Tax Year:

2024
Tax Exemptions:

None
Semi Annual Property Tax Amt:

2424

Beds

Beds:

3
Bedrooms:

3
Bedrooms Total:

3
Main Level Bedrooms:

2
Primary Bedroom Description:

Closet Walk in,Sitting Room
# of Bedrooms Upper:

1

Baths

Baths:

2
Full Baths:

2
Full Baths:

2
Full Baths Main:

1
Full Baths Upper:

1

The Listing

Virtual Tour
Virtual Tour Branded:

Virtual Tour
Virtual Tour Unbranded:

Virtual Tour

Heating & Cooling

Heating:

Forced Air, Natural Gas

Utilities

Utilities:

Electricity Connected, Sewer Connected, Water Connected, See Remarks
Electric:

100 Amp Service
Water Source:

Municipal/City
Solid Waste:

Yes

Appliances

Appliances:

Dishwasher, Dryer, Disposal, Gas Water Heater, Laundry Connection in Unit, MicroHood, Gas Oven, Refrigerator, Washer, Water Heater, Other

Schools

High School District:

School Town of Speedway

The Community

Subdivision Name:

Speedway City
Spa:

false
Pool Private:

false
Association:

false

Parking

Parking Features:

Detached
Garage:

true
Garage Spaces:

2
Garage & Parking:

Service Door
Garage SqFt:

528

Monthly cost estimate

Asking price

$315,000

Expense	Monthly cost
Mortgage	$1,686
Taxes	$404
Insurance	$86
Utilities	$152 See report
Total	$2,328/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
4/25/25 Apr 25, 2025	Listed / Active	MIBOR	$315,000	293.8% (12.2% / YR)
3/30/01 Mar 30, 2001		MIBOR	$80,000

Want a closer look?

Go see 1231 Nester Street

Or Call Toll Free 1-800-241-3327

We guarantee that we’ll never spam you.

* indicates a required field

More homes

Newest listings in Speedway, IN

Similar sold homes

This house located in West Side Indianapolis, Speedway, IN 46224 is currently for sale for $315,000. 1231 Nester Street is a 1,588 square foot house with 3 beds and 2 baths. 1231 Nester Street is in the West Side Indianapolis neighborhood of Speedway and has a WalkScore® of 66, making it somewhat walkable. This house is in the attendance area of Speedway Senior High School and Speedway Junior High School.

Listing Courtesy of: MIBOR and Homes & Homesites.

IDX information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID. 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.

Data is deemed reliable but is not guaranteed accurate by the Broker Listing Cooperative® listing service