1829 Cunningham Road
Indianapolis, IN, 46224 $ 575,000
Bedrooms8 Baths6.1 Sq 5,767 Monthly Estimate*
$ 3,971
for $575,000 with 8 bedrooms and 6 full baths, 1 half bath. This 5,767 square foot home was built in 1927 on a lot size of 1.24.
Turnkey 8-bedroom, 6.5-bath bed and breakfast on 1.24 acres in Speedway, Indiana, one mile from the Indianapolis Motor Speedway. Built in 1927 and operating as an income-producing B&B, this 5,027 sq ft Colonial offers 12 rooms across three levels plus a finished basement, and sells fully furnished. Guest rooms occupy the main and upper floors while private third-floor owner's quarters keep the operator on site and out of the guest flow. The honeymoon suite features a four-poster bed, Jacuzzi, and attached parlor. A 27x16 family room, formal dining room, and eat-in kitchen with double oven, separate freezer, and gas range support full breakfast service and group bookings. Two masonry fireplaces, basement laundry, entrance foyer, built-in bookshelves, walk-in closets, and wood windows. Outside: gazebo, covered porch, mature trees, and a detached 2-car garage on a 53,840 sq ft lot with guest parking most Speedway properties cannot match. Municipal water and sewer, dual forced-air gas heat, central air, sump pump. School Town of Speedway. Race season, Brickyard weekends, concerts, and year-round Indianapolis demand have supported this property as an operating B&B. Furnishings, linens, and kitchen equipment convey. The hard part is already built: the rooms, the layout, the parking, and the address.
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FeaturesInteriorInterior Amenities Attic Stairway Built-in Features Entrance Foyer In-Law Floorplan Eat-in Kitchen Walk-In Closet(s)
Basement Finished Walls
Total Fireplaces 2
Fireplace Features Family Room Gas Log
Basement (Y/N) Y
Half Baths 1
Laundry Features In Basement
Total Bedrooms 8
Below Grade Finished Area 453
Main Level Bedrooms 2
Total Baths 7
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GeneralHeating Zoned Forced Air Natural Gas
Cooling Central Air
Utilities Cable Connected
Possession Closing
Appliances Dishwasher Dryer Gas Water Heater Microwave Double Oven Gas Oven Refrigerator Free-Standing Freezer Washer
Garage Spaces 2
Patio/Porch Features Gazebo Covered
Architectural Style Colonial Traditional
Security Features Smoke Detector(s)
Construction Materials Aluminum Siding
Year Built 1927
Township Wayne
Levels Three Or More
Property Subtype Single Family Residence
Tax Year 2025
County Marion
New Construction N
Property Type Residential
HOA N
Subdivision Name Bakers Walnut Grove
Garage Y/N Y
Total Rooms 12
Full Baths 6
Status Pending
Directions GPS Friendly
High School Speedway Senior High School
City Indianapolis
High School District School Town of Speedway
MLS Area 4909 - Marion - Wayne
Lot Size Square Feet 53840
Property Attached Y/N N
Current Financing Conventional
Middle/Junior High School Speedway Junior High School
Additional Parcels Y/N N
Standard Status Pending
Tax Lot 4
Legal Description Bakers Walnut Grove L4
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ExteriorExterior Amenities Storage
Fencing Full
Parking Features Detached
Lot Features Street Lights Mature Trees
Water Source Public
Foundation Details Block
Building Area Total 5767
Lot Size Acres 1.24
Waterfront Y/N N
Other Equipment Smoke Alarm Sump Pump
Horse Amenities None
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* Excluded FeaturesList ByCompass Indiana, LlcBroker
lisa.phillips@compass.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,971
- Monthly Property Taxes
- $535
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Indianapolis, IN
Average List Price $314,365
Percent of Sale Price 45%
About Indianapolis, IN 843,184 Population
8% Since 2002
$ 43,160 Median Income
35.24 Median Age
29% Households with Children
Trends Information provided by ATTOM Data Solutions.
4046975 Elementary School
4048073 Middle School
Speedway Senior High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/12/2026 | $575,000 | | Listed Price |