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Speedway Real Estate

Speedway, Indiana - The mere mention of Indianapolis would not be complete without the city of Speedway. Although located in Marion County, in Wayne Township, Speedway is it’s own town. Incorporated in 1926, the Town of Speedway is a separate government unit located within the Indianapolis city limits. The Indianapolis Motor Speedway is located within the town of Speedway.

Speedway residents enjoy quiet living which is city close. Speedway Indiana is a great community located just six miles from downtown Indianapolis. Real estate in Speedway consists mostly of homes in established neighborhoods.

Speedway, Indiana Population: 12,416

Average Home Price: $100,000

Median Age : 38.2  Average Household Size: 2.13

Average Household Income: $43,585

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Indianapolis Speedway

January 24th, 2008 categories: Indy Places, Speedway Real Estate

Size of the Speedway

Someone sent this to me a few months ago. The home I was raised in was very close to the Indianapolis Speedway. I have been inside the track and watch a few races there. Still, I never realized how big the Speedway is.

When you are driving by the Speedway, you can only drive by two sides, the south and west sides. From the street, it does not look this big.

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Authored by Paula | Discussion: No Comments »

Speedway Gets a Face Lift

December 4th, 2007 categories: Indy Neighborhoods, Speedway Real Estate

Speedway indiana (2)

The Civil Town of Speedway announced today, Mansur Real Estate Services has been chosen as the Master Developer of the Speedzone.

The corner where Crawfordsville Road meets Georgetown and 16th Street has undergone many changes throughout the years. Do you remember when there was a White Castle there? What about the little mexican restaurant? I think the name was Gringo’s. They had the best tacos around.

The shopping center across the street from the Indianapolis Motor Speedway, on the south side has been an eyesore for years without evidence of much business being done there, except, maybe late at night.

Georgetown, between Crawfordsville and 25th St holds little appeal for the Native Hoosier or the out of town visitor. Speedway is just not what it used to be.

All is about to change……..

I am impressed and excited to see what the future holds for the redevelopment of Speedway. Main Street will see a complete overhaul of all the shops and the addition of condos above the shops. Condos in Speedway will definitely be a big draw. I expect many will be snatched by racefans and those who maintain a second home.

Phase one of the redevelopment will affect the areas bordered by 10th Street, 16th Street, Main Street and Olin Ave.

Phase two continues the work along Crawfordsville Road to the 465 interchange and north to the Speedway Boundary.

Take a look at the plans here.

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