1829 Cunningham Rd Indianapolis, IN 46224
Speedway AreaEstimated payment $3,723/month
Highlights
- Popular Property
- Updated Kitchen
- Colonial Architecture
- Arthur C. Newby Elementary School Rated A
- 1.24 Acre Lot
- Mature Trees
About This Home
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.
Listing Agent
Compass Indiana, LLC Brokerage Email: lisa.phillips@compass.com License #RB14038063 Listed on: 09/11/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,420
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
- 2 Fireplaces
- Formal Dining Room
- 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
- Main Floor Bedroom
- Walk-In Closet
- Soaking Tub
Laundry
- Dryer
- Washer
Finished Basement
- Sump Pump
- Laundry in Basement
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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $6,419 | $522,000 | $38,300 | $483,700 |
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/11/2026 09/11/26 | For Sale | $575,000 | +21.0% | $114 / 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | None Available |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $268,000 | New Conventional | |
| Previous Owner | $33,900 | Credit Line Revolving | |
| Previous Owner | $272,000 | Adjustable Rate Mortgage/ARM |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22125757
APN: 49-05-36-110-003.000-914
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Ask me questions while you tour the home.