Updated 5+ Days Ago
Highlights
- Modern kitchen
- Prime location
- Stainless steel appliances
- Open-concept floor plan
- Granite countertops
- Ample closet space
Location
4977 W 16th St #D, Speedway, IN 46224, USA|Speedway
Tour 4977 W 16th St #D
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Amenities for 4977 W 16th St #D, Speedway
Apartment Amenities
| Dryer | Fireplace |
| Forced Air | Laminate |
| Water |
Appliances
| Dishwasher | Garbage Disposal |
| In-Unit Laundry | Microwave |
| Range/Oven | Refrigerator |
Tech
| Cable Ready |
Building
| Carport | Controlled Building |
| Onsite Laundry | Sewage |
Grounds
| Assigned Parking | Lawn |
| Outdoor Space |
Neighborhood
| Near Parks |
Other
| Designated Space |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Parking Policy
Assigned Parking
Questions about this property’s policies and fees?
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About 4977 W 16th St #D
Property Id: 2748897 Welcome to this beautifully renovated 10-unit complex located in the heart of Speedway’s historic neighborhood—just a short walk from the iconic Indianapolis Motor Speedway and vibrant Main Street, where you'll find a variety of restaurants, coffee shops, and boutique stores. Each spacious unit features a modern, open-concept floor plan with two generously sized bedrooms, each with an ensuite bathroom complete with porcelain tile finishes and ample closet space. The kitchen is designed for both function and style, offering granite countertops, stainless steel appliances, an island, and a pantry. The expansive living area includes a convenient half bath and flows seamlessly from the kitchen. Additional amenities include full-size in-unit laundry, prewiring for entertainment systems, and assigned parking at no additional cost. Rent includes water, sewage, and trash services. Enjoy the comfort of high-end finishes, the convenience of nearby dining and entertainment, and a prime location just 12 minutes from IUPUI and 20 minutes from Monument Circle. Exceptional living in a sought-after community.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 4977 W 16th St, Speedway, IN 46224, USA compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 0.2 mile away
- More space
- The 2-bedroom is 92 sqft larger than other listings nearby
- Dishwasher
- Kitchens at this address include dishwashers
- Fireplace
- Upgraded in-unit features available
- Laundry available on site
- Washers and dryers are available in-building or in-unit
Considerations
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
Address details
| Neighborhood | Speedway |
|---|---|
| Zip code | 46224 |
| Type | Apartment for rent |
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Rent trends in Speedway
2-bedroom apartments at 4977 W 16th St #D cost about 50% more than the average rent price for 2-bedroom apartments in Speedway.
Median rents as of Sep 19 2026.
Speedway
Speedway
| Month | Median Rent |
|---|---|
| October 2024 | $1,102 |
| November 2024 | $1,130 |
| December 2024 | $1,144 |
| January 2025 | $1,102 |
| February 2025 | $1,100 |
| March 2025 | $1,322 |
| April 2025 | $1,444 |
| May 2025 | $1,304 |
| June 2025 | $1,418 |
| July 2025 | $1,262 |
| August 2025 | $1,261 |
| September 2025 | $1,262 |
| October 2025 | $1,484 |
| November 2025 | $1,538 |
| December 2025 | $1,485 |
| January 2026 | $1,228 |
| February 2026 | $1,124 |
| March 2026 | $1,126 |
| April 2026 | $1,136 |
| May 2026 | $1,144 |
| June 2026 | $1,144 |
| July 2026 | $1,150 |
| August 2026 | $1,184 |
| September 2026 | $1,161 |
| Month | Median Rent |
|---|---|
| October 2024 | $1,102 |
| November 2024 | $1,130 |
| December 2024 | $1,144 |
| January 2025 | $1,102 |
| February 2025 | $1,100 |
| March 2025 | $1,322 |
| April 2025 | $1,444 |
| May 2025 | $1,304 |
| June 2025 | $1,418 |
| July 2025 | $1,262 |
| August 2025 | $1,261 |
| September 2025 | $1,262 |
| October 2025 | $1,484 |
| November 2025 | $1,538 |
| December 2025 | $1,485 |
| January 2026 | $1,228 |
| February 2026 | $1,124 |
| March 2026 | $1,126 |
| April 2026 | $1,136 |
| May 2026 | $1,144 |
| June 2026 | $1,144 |
| July 2026 | $1,150 |
| August 2026 | $1,184 |
| September 2026 | $1,161 |
Affordability calculator
Can I afford to live at 4977 W 16th St #D?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$66,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $66,000 annually to afford this 2-bedrooms monthly rent price of $1,650.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| 6 months ago | $1,500 | 2 bed | 2.5 bath | ||
| 2 years ago | $1,750 | 2 bed | 2.5 bath | ||
| 2 years ago | $1,750 | 2 bed | 2.5 bath | ||
| 2 years ago | $1,100 | 2 bed | 1.5 bath | ||
| 5 years ago | $975 | 2 bed | 1.5 bath | ||
| 9 years ago | $850 | 2 bed | 1.5 bath |
Schools near 4977 W 16th St #D
Carl G. Fisher Elementary School
5151 w 14th st
speedway, IN, 46224
PK, K-6Public
A
James A. Allison Elementary School
5240 w 22nd st
speedway, IN, 46224
K-6Public
A
Arthur C. Newby Elementary School
1849 n whitcomb
speedway, IN, 46224
K-6Public
A
Frank H. Wheeler Elementary School
5700 meadowood dr
speedway, IN, 46224
K-6Public
A-
Achieve Virtual Elementary
47 beachway dr
indianapolis, IN, 46224
K-6Public
C+
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Internet available near 4977 W 16th St #D
Getting around Speedway near 4977 W 16th St #D
Walking
5/10
Some shops and stores are within a few minutes.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
6/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 4977 W 16th St #D, Speedway
Groceries
6/10
Wide variety of groceries within a short drive, including some within walking distance
Shopping
5/10
Variety of shops within a short drive
Cafes
3/10
Some cafés within a short drive
Restaurants
6/10
Wide variety of restaurants within a short drive, including some within walking distance
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
9/10
At least one high school within a 10-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
5/10
Variety of bars within a short drive
Other units at this address
4977 W 16th St, Speedway, IN
4977 W 16th St Speedway, IN
Occupied
B
2 Beds
3 Baths
$1,500
In-Unit Laundry • Microwave • Assigned Parking • Dishwasher
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