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5507 Gainesway Drive

Greenwood, IN 46142

ActiveListed Aug 8, 2026 · 70 days on market

Key facts

Beds
4
Baths
2 full · 1 half
Living area
2,196 sqft
Lot
0.48 acres
Year built
2000
Type
Residential · Single Family Residence
Stories
Two
Garage
3 spaces
MLS #
22119120
County
Johnson
Subdivision
Wakefield

About this home

Welcome to this beautifully updated 4-bedroom, 2.5-bath home in Wakefield! Offering just under 2,200 square feet of living space, this home combines stylish updates with exceptional outdoor living. The updated kitchen features quartz countertops and new cabinetry, creating a fresh and functional space for everyday living and entertaining. Updated flooring extends throughout the main level, while brand-new carpet upstairs adds a fresh feel to the bedrooms and living areas. The 3-car garage provides plenty of room for vehicles, storage, and more. Step outside to enjoy the fully fenced backyard, complete with an in-ground heated pool an ideal setting for relaxing, entertaining, and enjoying the warmer months. An irrigation system helps keep the yard looking its best. Located in the Wakefield subdivision, this home offers a desirable combination of updated interior spaces, versatile living areas, and impressive outdoor amenities. Don't miss the opportunity to make this move-in-ready Center Grove home your own!

Description provided by the listing brokerage.

Interior

Appliances
DishwasherDisposalGas Water HeaterMicroHoodElectric OvenRefrigeratorMicrowaveWasherDryer
Interior features
Vaulted Ceiling(s)Entrance FoyerHi-Speed Internet AvailblEat-in KitchenWalk-In Closet(s)PantryBath Sinks Double MainBreakfast BarKitchen Island
Kitchen
Kitchen Updated
Laundry
Main LevelLaundry Room
Windows
ScreensVinyl Windows
Security
Smoke Detector(s)
Rooms
9
Condition
Updated/Remodeled

Exterior

Exterior features
Sprinkler System
Patio and porch
Covered
Construction
Vinyl With BrickBrick
Foundation
Slab
Style
Traditional
Parking and garage
Attached
Pool
FencedHeatedIn GroundOutdoor Pool
Private pool
Yes
Fencing
Chain LinkFull
View
PondTrees/Woods

Systems

Heating
Conversion
Cooling
Central Air
Water
Public

Lot and HOA

HOA fee
$350 / annually
Lot features
Corner LotSidewalksMature Trees
HOA fee includes
Entrance CommonMaintenanceParkPlaygroundManagementWalking Trails
HOA amenities
MaintenanceParkPlaygroundManagementTrail(s)

Schools

Elementary school
Pleasant Grove Elementary School
Middle school
Center Grove Middle School Central
High school
Center Grove High School
School district
Center Grove Community School Corp

Taxes

Estimated annual tax
$2,718 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$2,061per month, estimated
Principal and interest $1,689Property tax $227Insurance $117HOA $29
20% · $67,000
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$335,000
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