$575,000

1829 Cunningham Rd Indianapolis, IN 46224

Speedway Area

Estimated payment $3,723/month

Total Views 38,035
8 Beds
6.5 Baths
5,027 Sq Ft
$114 Price per Sq Ft

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

Lisa Phillips

Compass Indiana, LLC Brokerage Email: lisa.phillips@compass.com License #RB14038063 Listed on: 09/11/2026

Compass Indiana, LLC

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,420

Year Built

Built in 1927

Lot Details

1.24 Acres

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial, Traditional
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2025
  • Year Built: 1927
  • Building Area Total: 5767
  • Garage Y N: Yes
  • Lot Size Acres: 1.24
  • Subdivision Name: Bakers Walnut Grove
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Attribution Contact: lisa.phillips@compass.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished Walls
  • Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Double Oven, Gas Oven, Refrigerator, Free-Standing Freezer, Washer
  • 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: 2
  • Interior Amenities: Attic Stairway, Built-in Features, Entrance Foyer, In-Law Floorplan, Eat-in Kitchen, Walk-In Closet(s)
  • Living Area: 5027
  • Other Equipment: Smoke Alarm, Sump Pump
  • Window Features: Screens, Wood Frames
  • Areas Interior: Bedroom Other on Main
  • 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
  • MBR_RoomFlooring: Vinyl
  • MBR_RoomFlooring: Hardwood
  • MBR_RoomFlooring: Vinyl
  • MBR_RoomFlooring: Vinyl
  • MBR_RoomFlooring: Hardwood
  • MBR_RoomFlooring: Vinyl
  • MBR_RoomFlooring: Hardwood
  • MBR_RoomFlooring: Vinyl
  • MBR_RoomFlooring: Vinyl
  • MBR_RoomFlooring: Hardwood
  • MBR_RoomFlooring: Vinyl
  • MBR_RoomFlooring: Hardwood

Exterior Features

  • Construction Materials: Aluminum Siding
  • Exterior Features: Storage
  • Fencing: Full
  • Foundation Details: Block
  • Patio And Porch Features: Gazebo, Covered
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Utilities: Cable Connected
  • Cooling: Central Air
  • Heating: Zoned, Forced Air, Natural Gas
  • Laundry Features: In Basement
  • Security Features: Smoke Detector(s)
  • 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: 6420
  • Tax Lot: 4
  • Semi Annual Property Tax Amt: 3210
  • 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

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
Source: Public Records

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
Source: MIBOR Broker Listing Cooperative®

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
Source: Public Records

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: Public Records

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22125757

MIBOR Broker Listing Cooperative®

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

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