As has already been indicated, Oracle11g does NOT dynamically build indexes based on prior experience. It is certainly possible and indeed happens often that adding an index under the right conditions will produce the order of magnitude improvement you note.
But as has also already been noted, 50K (seemingly short?) rows is nothing to Oracle. The Oracle database in fact has a great deal of intelligence that allows it to scan data without indexes most efficiently. Every new release of the Oracle RDBMS gets better at moving large amounts of data. I would suggest to you that the reason Oracle was so close to its "best" timing even without the index as compared to MySQL is that Oracle is just a more intelligent database under the covers.
However, the Oracle RDBMS does have many features that touch upon the subject area you have opened. For example:
10g introduced a feature called AUTOMATIC SQL TUNING which is exposed via a gui known as the SQL TUNING ADVISOR. This feature is intended to analyze queries on its own, in depth and includes the ability to do WHAT-IF analysis of alternative query plans. This includes simulation of indexes which do not actually exist. However, this would not explain any performance differences you have seen because the feature needs to be turned on and it does not actually build any indexes, it only makes recommendations for the DBA to make indexes, among other things.
11g includes AUTOMATIC STATISTICS GATHERING which when enabled will automatically collect statistics on database objects as it deems necessary based on activity on those objects.
Thus the Oracle RDBMS is doing what you have suggested, dynamically altering its environment on its own based on its experience with your workload over time in order to improve performance. Creating indexes on the fly is just not one of the things is does yet. As an aside, this has been hinted to by Oracle in private sevearl times so I figure it is in the works for some future release.