A fungus is growing inside the water-conducting vessels while the tree plugs its own vessels trying to wall it off — which is why the foliage behaves like a drought that no amount of watering fixes. The species group is the entire prognosis: red oaks almost always die and die fast, white oaks frequently compartmentalize and survive. Equally important, an infected oak endangers its neighbors, because the disease travels underground between oaks whose roots have grown together. This is a neighborhood problem, not a single-tree problem. In Speedway — Old Speedway City (Speedway Historic District), Speedway Manor and Main Street corridor included, that's normally a tree removal job at $400–$1,900. Within days.
Why this comes up in Speedway
Speedway was laid out in 1912 as a residential suburb by Indianapolis Motor Speedway founders Carl Fisher, James Allison, Frank Wheeler and Arthur Newby — a "horseless city" for auto-industry workers. The Speedway Historic District (41.6 acres, 304 contributing buildings, NRHP September 15, 2005) built out from about 1912 to 1955 in Foursquare and Craftsman bungalow styles; the town then more than doubled, from 5,498 people in 1950 to 14,523 in 1970, and new single-family construction has been close to nil since the 1990s.
Speedway's canopy
No public street-tree inventory has been published for Speedway, so species counts are UNVERIFIED. Because the residential core finished building out by the mid-1950s and has barely been rebuilt since, much of the yard canopy is likely of comparable age and large enough to close over narrow streets and 40-to-50-foot lots — an inference from build-out dates, not a measured finding. The exception is Main Street, where a town streetscape reconstruction installed all-new landscaping, so those trees are recent.
Marion County rules
Indiana has no statewide tree removal permit, and no Speedway ordinance requiring a permit to remove a tree on private property is documented in the sources reviewed. Important caveat: Speedway is an excluded town under Unigov and maintains its own municipal code separate from Indianapolis, and the full Speedway code text could not be retrieved, so the exact local text is UNVERIFIED. Marion County's zoning ordinance does state a purpose of protecting and enhancing tree cover and the countywide code carries a "Trees and Flora" chapter, but the section citations are unconfirmed and whether they bind Speedway is unconfirmed. Call the Speedway Street Department before touching anything near the street line.
The tree lawn in Speedway
The tree lawn is town right-of-way, and critically it is Speedway's right-of-way, not Indianapolis'. Speedway runs its own Street Department rather than relying on Indy DPW, so right-of-way work is cleared with the town. Who bears the cost of removing an existing tree-lawn tree is UNVERIFIED.