$675,000

1829 Cunningham Rd Indianapolis, IN 46224

Estimated payment $4,042/month

Total Views 13,518
8 Beds
6.5 Baths
5,027 Sq Ft
$134 Price per Sq Ft

Highlights

  • Updated Kitchen
  • 1.24 Acre Lot
  • Mature Trees
  • Speedway Junior High School Rated A
  • Colonial Architecture
  • Wood Flooring

About This Home

You know how rare it is to find a property with this much character AND income potential? This Speedway gem has both in spades. Walking through this place, what strikes you immediately is how thoughtfully designed it is. The open floor plan feels both spacious and inviting, and there's this warmth throughout that's hard to describe but impossible to miss. Each of the 8 guest bedrooms has its own personality-unique touches that make guests feel special, not like they're staying in cookie-cutter rooms. The honeymoon suite? Honestly stunning. Four-poster bed, Jacuzzi, attached parlor-it's the kind of space people remember. Then there's the outdoor space. Beautiful landscaping, a front porch that practically begs you to sit with your coffee in the morning. Two masonry fireplaces add that classic touch. Three levels plus a basement give you room to grow or adapt however this property fits your vision. And the location-one mile from the Indianapolis Motor Speedway. If you know Speedway, you know what that means for rental income during race season and events throughout the year. This could keep running as the successful B&B it's been, or become your personal mansion in one of Indy's most unique neighborhoods. Either way, it's a rare find. Want to see it? Let's talk.

Listing Agent

Lisa Phillips

Compass Indiana, LLC License #RB14038063 Listed on: 11/06/2025

Compass Indiana, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,406

Year Built

  • Built in 1927

Lot Details

  • 1.24 Acre Lot
  • Mature Trees

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Traditional Architecture
  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 3-Story Property
  • Built-In Features
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Formal Dining Room
  • Finished Basement
  • Sump Pump
  • Permanent Attic Stairs
  • Fire and Smoke Detector

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Double Oven
  • Gas Oven
  • Microwave
  • Free-Standing Freezer
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Gazebo
  • Outdoor Storage

Schools

  • Speedway Junior High School
  • Speedway Senior High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Bakers Walnut Grove Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 490536110003000914

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,406

Year Built

Built in 1927

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial, Traditional
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1927
  • Building Area Total: 5767
  • Garage Y N: Yes
  • Lot Size Acres: 1.24
  • Subdivision Name: Bakers Walnut Grove
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished Walls
  • Appliances: Dishwasher, Dryer, Free-Standing Freezer, Microwave, Gas Oven, Double Oven, Refrigerator, Washer, Gas Water Heater
  • Levels: Three Or More
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bathrooms: 7
  • Total Bedrooms: 8
  • Below Grade Sq Ft: 453
  • Fireplace Features: Family Room, Gas Log
  • Fireplaces: 1
  • Interior Amenities: Attic Stairway, Built-in Features, Entrance Foyer, In-Law Arrangement, Eat-in Kitchen, Walk-In Closet(s)
  • Living Area: 5027
  • Other Equipment: Smoke Alarm, Sump Pump
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 2558
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Kitchen Features: Kitchen Updated
  • Upper Level Sq Ft: 2016

Exterior Features

  • Construction Materials: Aluminum Siding
  • Exterior Features: Storage
  • Fencing: Full
  • Foundation Details: Block
  • Patio And Porch Features: Gazebo, Covered

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Utilities: Cable Connected
  • Cooling: Central Air
  • Heating: Zoned, Forced Air, Natural Gas
  • Water Source: Public
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: Speedway Junior High School

Lot Info

  • Lot Features: Street Lights, Mature Trees
  • Property Attached Yn: No
  • Additional Parcels: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 53840
  • Parcel Number: 490536110003000914
  • Acres: 1-3 Acres

Tax Info

  • Tax Annual Amount: 6406
  • Tax Lot: 4
  • Semi Annual Property Tax Amt: 3203
  • Tax Exemption: Homestead Tax Exemption

MLS Schools

  • High School: Speedway Senior High School

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,406 $492,800 $38,300 $454,500
2023 $6,232 $482,100 $38,300 $443,800
2022 $6,119 $464,100 $38,300 $425,800
2021 $5,063 $385,700 $38,300 $347,400
2020 $4,693 $362,300 $38,300 $324,000
2019 $4,247 $328,900 $38,300 $290,600
2018 $4,232 $325,400 $38,300 $287,100
2017 $3,924 $303,300 $38,300 $265,000
2016 $3,679 $287,000 $38,300 $248,700
2014 $3,448 $273,800 $38,300 $235,500
2013 $3,308 $262,300 $38,300 $224,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/06/2025 11/06/25 For Sale $675,000 +42.0% $134 / Sq Ft
07/30/2019 07/30/19 Sold $475,300 -4.9% $82 / Sq Ft View Prior Sale
06/19/2019 06/19/19 Pending -- -- --
03/12/2019 03/12/19 Price Changed $499,900 -4.8% $86 / Sq Ft
02/05/2019 02/05/19 Price Changed $525,000 -1.9% $90 / Sq Ft
11/16/2018 11/16/18 Price Changed $535,000 -2.7% $92 / Sq Ft
09/17/2018 09/17/18 For Sale $550,000 -- $94 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $268,000 New Conventional
Previous Owner $272,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22072104

MIBOR Broker Listing Cooperative®

APN: 49-05-36-110-003.000-914