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.
Active
$675,000
1829 Cunningham Rd, Indianapolis, IN 46224
8beds
5,767sqft
Est.:
Residential, Single Family Residence
Built in 1927
1.24 Acres Lot
$-- Zestimate®
$117/sqft
$-- HOA
What's special
Masonry fireplacesUnique touchesFront porchAttached parlorHoneymoon suiteBeautiful landscapingOutdoor space
- 52 days |
- 1,433 |
- 74 |
Zillow last checked: 8 hours ago
Listing updated: November 11, 2025 at 07:28am
Listing Provided by:
Lisa Phillips 317-219-9277,
Compass Indiana, LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22072104
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 7
- Full bathrooms: 6
- 1/2 bathrooms: 1
- Main level bathrooms: 3
- Main level bedrooms: 2
Primary bedroom
- Level: Main
- Area: 238 Square Feet
- Dimensions: 17x14
Bedroom 2
- Level: Main
- Area: 168 Square Feet
- Dimensions: 14x12
Bedroom 3
- Level: Upper
- Area: 168 Square Feet
- Dimensions: 14x12
Bedroom 4
- Level: Upper
- Area: 168 Square Feet
- Dimensions: 14x12
Bedroom 5
- Level: Upper
- Area: 168 Square Feet
- Dimensions: 14x12
Bedroom 6
- Level: Upper
- Area: 280 Square Feet
- Dimensions: 20x14
Other
- Level: Basement
- Area: 210 Square Feet
- Dimensions: 15x14
Other
- Level: Upper
- Area: 120 Square Feet
- Dimensions: 12x10
Dining room
- Level: Main
- Area: 143 Square Feet
- Dimensions: 13x11
Family room
- Level: Main
- Area: 432 Square Feet
- Dimensions: 27x16
Kitchen
- Level: Main
- Area: 140 Square Feet
- Dimensions: 14x10
Living room
- Level: Main
- Area: 156 Square Feet
- Dimensions: 13x12
Heating
- Zoned, Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Free-Standing Freezer, Microwave, Gas Oven, Double Oven, Refrigerator, Washer, Gas Water Heater
Features
- Attic Stairway, Built-in Features, Entrance Foyer, In-Law Floorplan, Eat-in Kitchen, Walk-In Closet(s)
- Basement: Finished Walls
- Attic: Permanent Stairs
- Number of fireplaces: 1
- Fireplace features: Family Room, Gas Log
Interior area
- Total structure area: 5,767
- Total interior livable area: 5,767 sqft
- Finished area below ground: 453
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
Features
- Levels: Three Or More
- Patio & porch: Covered
- Exterior features: Storage
- Fencing: Fenced,Full
Lot
- Size: 1.24 Acres
- Features: Street Lights, Mature Trees
Details
- Additional structures: Gazebo
- Parcel number: 490536110003000914
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial,Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Aluminum Siding
- Foundation: Block
Condition
- New construction: No
- Year built: 1927
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: Bakers Walnut Grove
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $117/sqft
- Tax assessed value: $492,800
- Annual tax amount: $6,406
- Date on market: 11/6/2025
- Cumulative days on market: 53 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/6/2025 | Listed for sale | $675,000+42%$117/sqft |
Source:  MIBOR as distributed by MLS GRID #22072104 Report a problem | ||
| 7/30/2019 | Sold | $475,300-4.9%$82/sqft |
Source: MIBOR as distributed by MLS GRID #21596043 Report a problem | ||
| 6/20/2019 | Pending sale | $499,900$87/sqft |
Source: Keller Williams Realty Indy Metro Northeast #21596043 Report a problem | ||
| 3/12/2019 | Price change | $499,900-4.8%$87/sqft |
Source: Keller Williams Realty Indy Metro Northeast #21596043 Report a problem | ||
| 2/5/2019 | Price change | $525,000-1.9%$91/sqft |
Source: Keller Williams Realty Indy Metro Northeast #21596043 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,232 +1.8% | $492,800 +2.2% |
| 2023 | $6,119 +20.8% | $482,100 +3.9% |
| 2022 | $5,063 +7.9% | $464,100 +20.3% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,983/mo
Principal & interest
$3252
Property taxes
$495
Home insurance
$236
Climate risks
Neighborhood: 46224
Nearby schools
GreatSchools rating
- 9/10Arthur C Newby Elementary School 2Grades: K-6Distance: 0.2 mi
- 9/10Speedway Junior High SchoolGrades: 7-8Distance: 0.8 mi
- 10/10Speedway Senior High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- Middle: Speedway Junior High School
- High: Speedway Senior High School
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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