Summary
Frank H Wheeler Elementary School 4 is a K–6 elementary school serving 311 students in the town of Speedway, Indiana, just outside Indianapolis, as part of the School Town of Speedway. It is the largest of Speedway's four elementary schools, and it ranks 175th of 1,015 Indiana elementary schools — 83rd percentile, 4 stars — in 2025–2026, placing it in the top 17% statewide. The district itself is among Indiana's strongest, ranking 16th of 374 districts (96th percentile, 5 stars).
Within Speedway, Wheeler is the lowest-ranked of the four elementaries: James A Allison Elementary School 3 (48th, 95th percentile, 5 stars), Carl G Fisher Elementary School 1 (73rd, 93rd percentile, 5 stars), and Arthur C Newby Elementary School 2 (149th, 85th percentile). Wheeler's clearest gap is English/language arts at 52.3%, below the district's 62.84% and below every Speedway peer, with 5th grade (42.11%) and 6th grade (48.84%) the weakest spots. Math (64.94%) and science (62.07%) are above district averages, and 4th-grade math and science both reached 75%. Chronic absenteeism is a standout strength at 3.8%, well below the district's 6.4% and Indiana's 16.7%. Wheeler serves a relatively high-poverty population (65.92% free/reduced lunch) and spends $12,144 per student — the lowest among all nearby schools — while posting far stronger results than nearby Indianapolis Public Schools and MSD Wayne Township schools, which generally score between 4% and 32% proficient.
The school's long-term trajectory is strongly positive, moving from 2 stars and the 50th percentile in 2020–2021 to 4 stars and the mid-80s percentile recently, with gains in every subject and 5th-grade social studies rising from 28.21% in 2022–2023 to 50% in 2025–2026. For families, the picture is a well-performing, improving school with strong attendance and middle-grade math and science, where the main opportunity is closing the upper-grade reading gap that separates it from its Speedway neighbors.
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