speedway Homes with Mad River Homes Builder

Welcome to Speedway, Indiana – a vibrant community that beautifully blends small-town charm with urban convenience. Nestled in Marion County, just a stone's throw from the bustling heart of Indianapolis, Speedway offers its residents a unique lifestyle marked by rich history and a spirited atmosphere. Known for its iconic Indianapolis Motor Speedway, home of the famous Indy 500, this city is a haven for motorsport enthusiasts and those who appreciate a lively community spirit.

In Speedway, you’ll find a delightful mix of parks, local eateries, and boutique shops that cater to a variety of tastes. The town’s commitment to community and recreation is evident in its well-maintained parks and family-friendly events throughout the year. Whether you’re taking a leisurely stroll along the scenic paths or enjoying a weekend at the local festivals, Speedway offers a welcoming environment for all.

When it comes to finding your dream home, look no further than Mad River Homes. This reputable builder is dedicated to crafting quality homes that reflect the unique character and needs of the Speedway community. With a range of customizable options, Mad River Homes ensures that each residence is tailored to fit your lifestyle while incorporating modern amenities and energy-efficient designs.

Discover the joy of living in Speedway, where your new home awaits you amidst a backdrop of thrilling events, friendly neighbors, and a community that truly feels like home. Let Mad River Homes help you build the perfect sanctuary in this charming city!

Newest speedway Homes with Mad River Homes Builder

$320,000

4 Beds ⋅ 4 Baths

Crafted by Mad River Homes, one of Indianapolis' respected renovation and building specialists, this north-side Downtown property blends quality, flexibility, and investment potential in a highly desirable location. Walk through the spacious front porch to arrive into the expansive foyer; where the whole home invites you in. The upstairs hosts the bedrooms and laundry, while the main level serves a perfect home for entertainment, formal dining, and preparing meals. Designed for versatility, this home features a layout that allows the upstairs and basement to be fully separated, creating an opportunity for an ADU or in-law suite. This configuration is ideal for a house-hack strategy, multi-generational living, or generating income from two distinct spaces. As an Airbnb, the upper unit could produce up to $3,500 per month and the lower unit up to $2,000. As a long-term rental, projected rents are approximately $2,000 upstairs and $1,000 downstairs. Mad River Homes also offers customization options tailored to your needs, including adding a garage. Perfect for entertaining, income generation, or providing separate living quarters; this property also qualifies for grant programs offering 0% down, no PMI, and a $5,000 credit toward closing costs. Just minutes from Butler University, Broad Ripple, Mass Ave, the Indianapolis Children's Museum, Eskenazi Hospital, Methodist Hospital, and IU Indianapolis, it offers immediate access to major educational, medical, and cultural anchors. Book your showing today and we look forward to calling this home yours!

3114 N Capitol, Indianapolis

Listing courtesy of FULL CANOPY REAL ESTATE, LLC.

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