1829 Cunningham Rd Indianapolis, IN 46224
Estimated payment $4,042/month
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.
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $268,000 | New Conventional | |
| Previous Owner | $272,000 | Adjustable Rate Mortgage/ARM |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22072104
APN: 49-05-36-110-003.000-914
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